Rongcheer Industrial Technology (Suzhou) Co. Ltd. A
Rongcheer Industrial Technology (Suzhou) Co., Ltd. designs, develops, produces, and sells precision detection, assembly equipment, and automatic production lines in China and internationally. The company offers vision measure systems, auto assembly machines, automatic lines application of robots, and function testing fixtures. Rongcheer Industrial Technology (Suzhou) Co., Ltd. was founded in 2011… Read more
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A (301360) - Total Assets
Latest total assets as of June 2025: CN¥1.49 Billion CNY
Based on the latest financial reports, Rongcheer Industrial Technology (Suzhou) Co. Ltd. A (301360) holds total assets worth CN¥1.49 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.
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Rongcheer Industrial Technology (Suzhou) Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A's total assets of CN¥1.49 Billion consist of 90.5% current assets and 9.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 60.8% |
| Accounts Receivable | CN¥233.89 Million | 16.5% |
| Inventory | CN¥135.53 Million | 9.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥9.16 Million | 0.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Rongcheer Industrial Technology (Suzhou) 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: Rongcheer Industrial Technology (Suzhou) Co. Ltd. A's current assets represent 90.5% of total assets in 2024, an increase from 81.1% in 2021.
- Cash Position: Cash and equivalents constituted 60.8% of total assets in 2024, up from 25.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 16.5% of total assets.
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A Competitors by Total Assets
Key competitors of Rongcheer Industrial Technology (Suzhou) Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Rongcheer Industrial Technology (Suzhou) 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
Lower asset utilization - Rongcheer Industrial Technology (Suzhou) Co. Ltd. A generates 0.26x 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, Rongcheer Industrial Technology (Suzhou) Co. Ltd. A generates $ 3.17 in net profit.
Rongcheer Industrial Technology (Suzhou) 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 | 3.91 | 5.88 | 5.88 |
| Quick Ratio | 2.97 | 5.13 | 5.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥988.12 Million | CN¥ 1.01 Billion | CN¥ 1.01 Billion |
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Rongcheer Industrial Technology (Suzhou) 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 | 3.82 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥1.42 Billion |
| Market Capitalization | $155.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rongcheer Industrial Technology (Suzhou) Co. Ltd. A's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Rongcheer Industrial Technology (Suzhou) Co. Ltd. A's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Rongcheer Industrial Technology (Suzhou) Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Rongcheer Industrial Technology (Suzhou) Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.42 Billion | -0.13% |
| 2023-12-31 | CN¥1.42 Billion | +161.73% |
| 2022-12-31 | CN¥541.56 Million | +57.03% |
| 2021-12-31 | CN¥344.88 Million | -- |