Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd provides inspection and testing services in China and internationally. The company offers inspection, testing, equipment measurement, capability verification, and certification services for wires and cables, optical fiber cables, and their components. It also provides professional training, inspection and supe… Read more
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) - Total Assets
Latest total assets as of June 2025: CN¥1.30 Billion CNY
Based on the latest financial reports, Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) holds total assets worth CN¥1.30 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.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s total assets of CN¥1.30 Billion consist of 61.5% current assets and 38.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 58.1% |
| Accounts Receivable | CN¥31.06 Million | 2.4% |
| Inventory | CN¥9.22 Million | 0.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥36.55 Million | 2.8% |
| Goodwill | CN¥2.44 Million | 0.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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: Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s current assets represent 61.5% of total assets in 2024, an increase from 58.2% in 2019.
- Cash Position: Cash and equivalents constituted 58.1% of total assets in 2024, up from 48.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 5.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 2.8% of total assets.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Competitors by Total Assets
Key competitors of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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 - Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. generates $5.83 in net profit.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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 | 5.57 | 6.39 | 3.35 |
| Quick Ratio | 5.49 | 6.33 | 3.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥642.61 Million | CN¥ 646.00 Million | CN¥ 183.26 Million |
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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 | 4.73 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 3.8% |
| Total Assets | CN¥1.29 Billion |
| Market Capitalization | $148.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s assets grew by 3.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2024)
The table below shows the annual total assets of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.29 Billion | +3.78% |
| 2023-12-31 | CN¥1.24 Billion | +6.44% |
| 2022-12-31 | CN¥1.17 Billion | +90.73% |
| 2021-12-31 | CN¥612.77 Million | +36.48% |
| 2020-12-31 | CN¥448.98 Million | +38.52% |
| 2019-12-31 | CN¥324.11 Million | -- |