Hengong Precision Equipment Co Ltd
Hengong Precision Equipment Co., Ltd. engages in the research and development, production and processing, and sales services of new fluid technology materials in China and internationally. The company manufactures and sells continuous cast iron products, precision machine parts, hydraulic and pneumatic fluid machinery, plastic machinery, vacuum pumps, pumps, expansion engines, screw air compresso… Read more
Hengong Precision Equipment Co Ltd (301261) - Total Assets
Latest total assets as of June 2025: CN¥2.75 Billion CNY
Based on the latest financial reports, Hengong Precision Equipment Co Ltd (301261) holds total assets worth CN¥2.75 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.
Hengong Precision Equipment Co Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Hengong Precision Equipment Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hengong Precision Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hengong Precision Equipment Co Ltd's total assets of CN¥2.75 Billion consist of 47.4% current assets and 52.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.3% |
| Accounts Receivable | CN¥226.67 Million | 8.3% |
| Inventory | CN¥210.45 Million | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥62.29 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Hengong Precision Equipment 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: Hengong Precision Equipment Co Ltd's current assets represent 47.4% of total assets in 2024, a decrease from 51.5% in 2021.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2024, up from 6.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 8.3% of total assets.
Hengong Precision Equipment Co Ltd Competitors by Total Assets
Key competitors of Hengong Precision Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Hengong Precision Equipment 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
Lower asset utilization - Hengong Precision Equipment Co Ltd generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hengong Precision Equipment Co Ltd generates $ 2.54 in net profit.
Hengong Precision Equipment 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 | 1.35 | 1.42 | 1.42 |
| Quick Ratio | 1.15 | 1.23 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥384.63 Million | CN¥ 497.28 Million | CN¥ 497.28 Million |
Hengong Precision Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hengong Precision Equipment 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 | 5.04 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 16.0% |
| Total Assets | CN¥2.74 Billion |
| Market Capitalization | $297.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hengong Precision Equipment Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hengong Precision Equipment Co Ltd's assets grew by 16.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hengong Precision Equipment Co Ltd (2021–2024)
The table below shows the annual total assets of Hengong Precision Equipment Co Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.74 Billion | +16.03% |
| 2023-12-31 | CN¥2.36 Billion | +134.55% |
| 2022-12-31 | CN¥1.01 Billion | +14.27% |
| 2021-12-31 | CN¥880.32 Million | -- |