NINGBO HENGSHUAI Co. LTD. (300969) - Total Assets
Based on the latest financial reports, NINGBO HENGSHUAI Co. LTD. (300969) holds total assets worth CN¥1.98 Billion CNY (≈ $289.45 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 300969 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
NINGBO HENGSHUAI Co. LTD. - Total Assets Trend (2017–2024)
This chart illustrates how NINGBO HENGSHUAI Co. LTD.'s total assets have evolved over time, based on quarterly financial data. See 300969 net assets for net asset value and shareholders' equity analysis.
NINGBO HENGSHUAI Co. LTD. - Asset Composition Analysis
Current Asset Composition (December 2024)
NINGBO HENGSHUAI Co. LTD.'s total assets of CN¥1.98 Billion consist of 66.8% current assets and 33.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.4% |
| Accounts Receivable | CN¥258.14 Million | 16.4% |
| Inventory | CN¥111.41 Million | 7.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥85.58 Million | 5.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how NINGBO HENGSHUAI Co. LTD.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of NINGBO HENGSHUAI Co. LTD..
Key Asset Composition Facts
- Current vs. Non-Current Assets: NINGBO HENGSHUAI Co. LTD.'s current assets represent 66.8% of total assets in 2024, a decrease from 72.8% in 2017.
- Cash Position: Cash and equivalents constituted 21.4% of total assets in 2024, up from 4.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 16.4% of total assets.
NINGBO HENGSHUAI Co. LTD. Competitors by Total Assets
Key competitors of NINGBO HENGSHUAI Co. LTD. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Federal Corp
TW:2102
|
Taiwan | NT$12.60 Billion |
|
Garrett Motion Inc
NASDAQ:GTX
|
USA | $2.37 Billion |
|
IKD Co Ltd Class A
SHG:600933
|
China | CN¥17.85 Billion |
|
Aerospace Auto
SHG:600151
|
China | CN¥6.92 Billion |
|
Aerospace Hi-Tech Holding Group Co Ltd
SHE:000901
|
China | CN¥7.20 Billion |
|
Jiangsu Yunyi Electric
SHE:300304
|
China | CN¥4.81 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥10.78 Billion |
|
Suprajit Engineering Limited
NSE:SUPRAJIT
|
India | Rs30.47 Billion |
NINGBO HENGSHUAI Co. LTD. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.06 | 4.29 | 2.30 |
| Quick Ratio | 5.59 | 3.80 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.20 Billion | CN¥749.41 Million | CN¥150.15 Million |
NINGBO HENGSHUAI Co. LTD. - Advanced Valuation Insights
This section examines the relationship between NINGBO HENGSHUAI Co. LTD.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.76 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | 11.1% |
| Total Assets | CN¥1.58 Billion |
| Market Capitalization | $1.17 Billion USD |
Valuation Analysis
Below Book Valuation: The market values NINGBO HENGSHUAI Co. LTD.'s assets below their book value (0.74x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: NINGBO HENGSHUAI Co. LTD.'s assets grew by 11.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NINGBO HENGSHUAI Co. LTD. (2017–2024)
The table below shows the annual total assets of NINGBO HENGSHUAI Co. LTD. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion ≈ $230.57 Million |
+11.08% |
| 2023-12-31 | CN¥1.42 Billion ≈ $207.56 Million |
+20.77% |
| 2022-12-31 | CN¥1.17 Billion ≈ $171.87 Million |
+24.32% |
| 2021-12-31 | CN¥944.72 Million ≈ $138.24 Million |
+113.80% |
| 2020-12-31 | CN¥441.88 Million ≈ $64.66 Million |
+32.39% |
| 2019-12-31 | CN¥333.76 Million ≈ $48.84 Million |
+16.40% |
| 2018-12-31 | CN¥286.74 Million ≈ $41.96 Million |
-17.35% |
| 2017-12-31 | CN¥346.91 Million ≈ $50.76 Million |
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About NINGBO HENGSHUAI Co. LTD.
NINGBO HENGSHUAI Co., LTD. engages in the research and development, production, and sale of automotive motor technology and fluid technology related products worldwide. It offers driving vision washing system products that include automobile washing pumps, washing system products, active sensing washing systems of smart car advanced driving assistance systems (ADAS) sensors, and other products; a… Read more