Jiusheng Electric Co. LTD
Jiusheng Electric Co., Ltd. engages in the research and development, production, and sale of safety wires and cables in the People's Republic of China and internationally. It offers mineral insulated cables; flame retardant, irradiated, low smoke halogen-free, and fire resistance cables and wires; 35KV power, control, medium and high voltage, conducting, and overhead wires and cables; heating cab… Read more
Jiusheng Electric Co. LTD (301082) - Total Assets
Latest total assets as of June 2025: CN¥3.77 Billion CNY
Based on the latest financial reports, Jiusheng Electric Co. LTD (301082) holds total assets worth CN¥3.77 Billion CNY as of June 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.
Jiusheng Electric Co. LTD - Total Assets Trend (2019–2024)
This chart illustrates how Jiusheng Electric Co. LTD’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiusheng Electric Co. LTD - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiusheng Electric Co. LTD's total assets of CN¥3.77 Billion consist of 89.9% current assets and 10.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.7% |
| Accounts Receivable | CN¥1.94 Billion | 55.3% |
| Inventory | CN¥244.24 Million | 6.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥30.39 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Jiusheng Electric 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiusheng Electric Co. LTD's current assets represent 89.9% of total assets in 2024, an increase from 85.6% in 2019.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2024, down from 13.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 55.3% of total assets.
Jiusheng Electric Co. LTD Competitors by Total Assets
Key competitors of Jiusheng Electric Co. LTD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paru Co. Ltd
KQ:043200
|
Korea | ₩58.09 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
China | CN¥17.06 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
Jiusheng Electric Co. LTD - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Jiusheng Electric Co. LTD generates 0.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiusheng Electric Co. LTD is currently not profitable relative to its asset base.
Jiusheng Electric 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 | 1.30 | 1.60 | 1.68 |
| Quick Ratio | 1.19 | 1.45 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥799.60 Million | CN¥ 1.07 Billion | CN¥ 813.71 Million |
Jiusheng Electric Co. LTD - Advanced Valuation Insights
This section examines the relationship between Jiusheng Electric 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 | 4.11 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | CN¥3.52 Billion |
| Market Capitalization | $231.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiusheng Electric Co. LTD's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiusheng Electric Co. LTD's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiusheng Electric Co. LTD (2019–2024)
The table below shows the annual total assets of Jiusheng Electric Co. LTD from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.52 Billion | +15.91% |
| 2023-12-31 | CN¥3.03 Billion | +20.59% |
| 2022-12-31 | CN¥2.52 Billion | +18.69% |
| 2021-12-31 | CN¥2.12 Billion | +51.06% |
| 2020-12-31 | CN¥1.40 Billion | +5.90% |
| 2019-12-31 | CN¥1.33 Billion | -- |