Wuxi Xinhongye Wire & Cable Co. Ltd. A
Wuxi Xinhongye Wire & Cable Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of cables in China and internationally. The company offers various cable products, including energy vehicle, charging pile, photovoltaic, energy storage, rail transit, nuclear power and nuclear penetrations, marine, and robot cables, as well as industrial electric wire… Read more
Wuxi Xinhongye Wire & Cable Co. Ltd. A (301310) - Total Assets
Latest total assets as of June 2025: CN¥4.46 Billion CNY
Based on the latest financial reports, Wuxi Xinhongye Wire & Cable Co. Ltd. A (301310) holds total assets worth CN¥4.46 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.
Wuxi Xinhongye Wire & Cable Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Wuxi Xinhongye Wire & Cable Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wuxi Xinhongye Wire & Cable Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Wuxi Xinhongye Wire & Cable Co. Ltd. A's total assets of CN¥4.46 Billion consist of 77.5% current assets and 22.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.0% |
| Accounts Receivable | CN¥1.47 Billion | 34.6% |
| Inventory | CN¥341.97 Million | 8.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥149.81 Million | 3.5% |
| Goodwill | CN¥23.27 Million | 0.6% |
Asset Composition Trend (2021–2024)
This chart illustrates how Wuxi Xinhongye Wire & Cable 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wuxi Xinhongye Wire & Cable Co. Ltd. A's current assets represent 77.5% of total assets in 2024, a decrease from 83.5% in 2021.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, down from 20.5% 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 34.6% of total assets.
Wuxi Xinhongye Wire & Cable Co. Ltd. A Competitors by Total Assets
Key competitors of Wuxi Xinhongye Wire & Cable Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 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 |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 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 |
Wuxi Xinhongye Wire & Cable Co. Ltd. A - 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 - Wuxi Xinhongye Wire & Cable Co. Ltd. A generates 0.62x 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, Wuxi Xinhongye Wire & Cable Co. Ltd. A generates $ 2.73 in net profit.
Wuxi Xinhongye Wire & Cable 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 | 1.60 | 2.22 | 2.22 |
| Quick Ratio | 1.39 | 2.02 | 2.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.27 Billion | CN¥ 1.52 Billion | CN¥ 1.52 Billion |
Wuxi Xinhongye Wire & Cable Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Wuxi Xinhongye Wire & Cable 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 | 2.32 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 25.7% |
| Total Assets | CN¥4.25 Billion |
| Market Capitalization | $213.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wuxi Xinhongye Wire & Cable Co. Ltd. A's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wuxi Xinhongye Wire & Cable Co. Ltd. A's assets grew by 25.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wuxi Xinhongye Wire & Cable Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Wuxi Xinhongye Wire & Cable Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.25 Billion | +25.69% |
| 2023-12-31 | CN¥3.38 Billion | +46.47% |
| 2022-12-31 | CN¥2.31 Billion | +61.58% |
| 2021-12-31 | CN¥1.43 Billion | -- |