Guangdong Mingyang Electric Co. Ltd. A (301291) - Total Assets
Based on the latest financial reports, Guangdong Mingyang Electric Co. Ltd. A (301291) holds total assets worth CN¥9.28 Billion CNY (≈ $1.36 Billion USD) as of March 2026. 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 301291 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Guangdong Mingyang Electric Co. Ltd. A - Total Assets Trend (2021–2025)
This chart illustrates how Guangdong Mingyang Electric Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See 301291 net assets for net asset value and shareholders' equity analysis.
Guangdong Mingyang Electric Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2025)
Guangdong Mingyang Electric Co. Ltd. A's total assets of CN¥9.28 Billion consist of 78.1% current assets and 21.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.0% |
| Accounts Receivable | CN¥3.10 Billion | 32.9% |
| Inventory | CN¥939.75 Million | 10.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥292.30 Million | 3.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Guangdong Mingyang Electric Co. Ltd. A'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 Guangdong Mingyang Electric Co. Ltd. A (301291) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangdong Mingyang Electric Co. Ltd. A's current assets represent 78.1% of total assets in 2025, an increase from 74.7% in 2021.
- Cash Position: Cash and equivalents constituted 19.0% of total assets in 2025, up from 10.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 32.9% of total assets.
Guangdong Mingyang Electric Co. Ltd. A Competitors by Total Assets
Key competitors of Guangdong Mingyang Electric Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
China | CN¥25.88 Billion |
|
HEG Limited
NSE:HEG
|
India | Rs61.66 Billion |
|
Hangzhou Kelin Electric Co. Ltd. A
SHG:688611
|
China | CN¥1.08 Billion |
|
Hengdian Group Tospo Lighting Co Ltd
SHG:603303
|
China | CN¥5.80 Billion |
|
Hangzhou Star Shuaier Electric Appliance Co Ltd
SHE:002860
|
China | CN¥3.86 Billion |
|
Dongguan Kingsun Optoelectronic Co Ltd
SHE:002638
|
China | CN¥2.33 Billion |
Guangdong Mingyang Electric Co. Ltd. A - 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 | 1.73 | 1.74 | 1.97 |
| Quick Ratio | 1.43 | 1.43 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.02 Billion | CN¥3.03 Billion | CN¥3.26 Billion |
Guangdong Mingyang Electric Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Guangdong Mingyang Electric Co. Ltd. A'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 | 2.67 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 1.1% |
| Total Assets | CN¥9.44 Billion |
| Market Capitalization | $1.81 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Mingyang Electric Co. Ltd. A's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Guangdong Mingyang Electric Co. Ltd. A's assets grew by 1.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
The table below shows the annual total assets of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.44 Billion ≈ $1.38 Billion |
+1.09% |
| 2024-12-31 | CN¥9.34 Billion ≈ $1.37 Billion |
+18.87% |
| 2023-12-31 | CN¥7.86 Billion ≈ $1.15 Billion |
+106.87% |
| 2022-12-31 | CN¥3.80 Billion ≈ $555.66 Million |
+44.01% |
| 2021-12-31 | CN¥2.64 Billion ≈ $385.86 Million |
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About Guangdong Mingyang Electric Co. Ltd. A
Guangdong Mingyang Electric Co.,Ltd. engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China. It offers box transformers, prefabricated substation and transformer equipment, and intelligent devices and systems. The company serves power generation, power grid, data center, rail transit, petro… Read more