Qingdao Richmat Intelligence Technology Co. Ltd. A (301320) - Total Assets
Based on the latest financial reports, Qingdao Richmat Intelligence Technology Co. Ltd. A (301320) holds total assets worth CN¥1.56 Billion CNY (≈ $228.84 Million USD) 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. Check Qingdao Richmat Intelligence Technology investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Qingdao Richmat Intelligence Technology Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Qingdao Richmat Intelligence Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. Check 301320 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Qingdao Richmat Intelligence Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Richmat Intelligence Technology Co. Ltd. A's total assets of CN¥1.56 Billion consist of 64.2% current assets and 35.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.2% |
| Accounts Receivable | CN¥231.69 Million | 15.5% |
| Inventory | CN¥167.64 Million | 11.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥110.57 Million | 7.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Qingdao Richmat Intelligence Technology 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 market cap of Qingdao Richmat Intelligence Technology .
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Richmat Intelligence Technology Co. Ltd. A's current assets represent 64.2% of total assets in 2024, a decrease from 66.8% in 2021.
- Cash Position: Cash and equivalents constituted 14.2% of total assets in 2024, down from 20.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 15.5% of total assets.
Qingdao Richmat Intelligence Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Qingdao Richmat Intelligence Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
Qingdao Richmat Intelligence Technology 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 | 1.96 | 2.50 | 2.50 |
| Quick Ratio | 1.60 | 2.06 | 2.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥480.23 Million | CN¥594.97 Million | CN¥594.97 Million |
Qingdao Richmat Intelligence Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Qingdao Richmat Intelligence Technology 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 | 3.14 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | CN¥1.49 Billion |
| Market Capitalization | $381.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Richmat Intelligence Technology Co. Ltd. A's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Qingdao Richmat Intelligence Technology Co. Ltd. A's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Qingdao Richmat Intelligence Technology Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Qingdao Richmat Intelligence Technology Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.49 Billion ≈ $218.31 Million |
+3.33% |
| 2023-12-31 | CN¥1.44 Billion ≈ $211.27 Million |
+67.31% |
| 2022-12-31 | CN¥862.95 Million ≈ $126.28 Million |
-0.11% |
| 2021-12-31 | CN¥863.93 Million ≈ $126.42 Million |
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About Qingdao Richmat Intelligence Technology Co. Ltd. A
Qingdao Richmat Intelligence Technology Inc., together with its subsidiaries, engages in the research, development, manufacturing, and sale of intelligent control and drive system products in China and internationally. The company offers single and dual motor drives, hand controllers, control systems, lifting, lift-up cabinets, massage, power supply, and attachment products. Its products are used… Read more