Meter Instruments Co. Ltd (301006) - Total Assets
Based on the latest financial reports, Meter Instruments Co. Ltd (301006) holds total assets worth CN¥1.47 Billion CNY (≈ $214.53 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. Check Meter Instruments Co. Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Meter Instruments Co. Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Meter Instruments Co. Ltd's total assets have evolved over time, based on quarterly financial data. Check 301006 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Meter Instruments Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Meter Instruments Co. Ltd's total assets of CN¥1.47 Billion consist of 75.3% current assets and 24.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 38.6% |
| Accounts Receivable | CN¥370.67 Million | 26.1% |
| Inventory | CN¥137.89 Million | 9.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥71.88 Million | 5.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Meter Instruments 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 Meter Instruments Co. Ltd (301006) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Meter Instruments Co. Ltd's current assets represent 75.3% of total assets in 2024, an increase from 73.2% in 2016.
- Cash Position: Cash and equivalents constituted 38.6% of total assets in 2024, up from 15.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 26.1% of total assets.
Meter Instruments Co. Ltd Competitors by Total Assets
Key competitors of Meter Instruments Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥3.56 Billion |
|
Acrel Co LTD
SHE:300286
|
China | CN¥2.77 Billion |
|
Zhejiang Tony Electronic Co Ltd
SHG:603595
|
China | CN¥4.94 Billion |
|
R&S GROUP HOLDING AG
SW:RSGN
|
Switzerland | CHF270.87 Million |
Meter Instruments 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 | 6.39 | 7.11 | 4.62 |
| Quick Ratio | 5.55 | 6.08 | 3.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥945.92 Million | CN¥893.29 Million | CN¥483.47 Million |
Meter Instruments Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Meter Instruments 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 | 2.05 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | CN¥1.42 Billion |
| Market Capitalization | $279.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Meter Instruments Co. Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Meter Instruments Co. Ltd's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Meter Instruments Co. Ltd (2016–2024)
The table below shows the annual total assets of Meter Instruments Co. Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.42 Billion ≈ $207.87 Million |
+1.87% |
| 2023-12-31 | CN¥1.39 Billion ≈ $204.06 Million |
+5.59% |
| 2022-12-31 | CN¥1.32 Billion ≈ $193.25 Million |
+8.70% |
| 2021-12-31 | CN¥1.21 Billion ≈ $177.79 Million |
+76.09% |
| 2020-12-31 | CN¥689.96 Million ≈ $100.96 Million |
+29.03% |
| 2019-12-31 | CN¥534.72 Million ≈ $78.25 Million |
+44.79% |
| 2018-12-31 | CN¥369.32 Million ≈ $54.04 Million |
+41.69% |
| 2017-12-31 | CN¥260.66 Million ≈ $38.14 Million |
+5.66% |
| 2016-12-31 | CN¥246.68 Million ≈ $36.10 Million |
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About Meter Instruments Co. Ltd
Meter Instruments Co., Ltd. engages in the research, development, production, and sale of intelligent ultrasonic water meters and heat meters in China and internationally. It offers ultrasonic water meters, ultrasonic heat meters, flow balance valves, data concentrators, intelligent control valves, smart flow meters, fire hydrant products, and related accessories. The company also provides consta… Read more