Ningbo United Group Co Ltd (600051) - Total Assets
Based on the latest financial reports, Ningbo United Group Co Ltd (600051) holds total assets worth CN¥4.55 Billion CNY (≈ $666.02 Million 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 Ningbo United Group Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.
Ningbo United Group Co Ltd - Total Assets Trend (1993–2025)
This chart illustrates how Ningbo United Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 600051 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Ningbo United Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Ningbo United Group Co Ltd's total assets of CN¥4.55 Billion consist of 63.1% current assets and 36.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.5% |
| Accounts Receivable | CN¥432.07 Million | 9.6% |
| Inventory | CN¥1.11 Billion | 24.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥9.38 Million | 0.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2025)
This chart illustrates how Ningbo United Group 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. For live market cap, price, and company overview, see market cap of Ningbo United Group Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo United Group Co Ltd's current assets represent 63.1% of total assets in 2025, a decrease from 68.4% in 1993.
- Cash Position: Cash and equivalents constituted 20.5% of total assets in 2025, up from 3.8% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 24.6% of total assets.
Ningbo United Group Co Ltd Competitors by Total Assets
Key competitors of Ningbo United Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
China | CN¥2.99 Billion |
|
Reece Ltd
AU:REH
|
Australia | AU$7.25 Billion |
|
Stealth Group Holdings Ltd
AU:SGI
|
Australia | AU$140.59 Million |
|
Coventry Group Ltd
AU:CYG
|
Australia | AU$316.92 Million |
|
Saferoads Holdings Ltd
AU:SRH
|
Australia | AU$8.58 Million |
|
Andritz AG
VI:ANDR
|
Austria | €7.76 Billion |
|
Frauenthal Holding AG
VI:FKA
|
Austria | €452.84 Million |
|
Indústrias Romi S.A
SA:ROMI3
|
Brazil | R$2.24 Billion |
Ningbo United Group 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 | 4.08 | 2.31 | 1.43 |
| Quick Ratio | 2.52 | 1.39 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.17 Billion | CN¥1.67 Billion | CN¥1.52 Billion |
Ningbo United Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo United Group 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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -13.7% |
| Total Assets | CN¥4.50 Billion |
| Market Capitalization | $305.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo United Group Co Ltd's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ningbo United Group Co Ltd's assets decreased by 13.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ningbo United Group Co Ltd (1993–2025)
The table below shows the annual total assets of Ningbo United Group Co Ltd from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.50 Billion ≈ $658.55 Million |
-13.69% |
| 2024-12-31 | CN¥5.21 Billion ≈ $762.98 Million |
-6.03% |
| 2023-12-31 | CN¥5.55 Billion ≈ $811.97 Million |
-13.47% |
| 2022-12-31 | CN¥6.41 Billion ≈ $938.39 Million |
+4.96% |
| 2021-12-31 | CN¥6.11 Billion ≈ $894.05 Million |
-13.30% |
| 2020-12-31 | CN¥7.05 Billion ≈ $1.03 Billion |
-11.35% |
| 2019-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+20.27% |
| 2018-12-31 | CN¥6.61 Billion ≈ $967.21 Million |
-2.61% |
| 2017-12-31 | CN¥6.79 Billion ≈ $993.17 Million |
-16.76% |
| 2016-12-31 | CN¥8.15 Billion ≈ $1.19 Billion |
+0.59% |
| 2015-12-31 | CN¥8.11 Billion ≈ $1.19 Billion |
+5.63% |
| 2014-12-31 | CN¥7.67 Billion ≈ $1.12 Billion |
-0.73% |
| 2013-12-31 | CN¥7.73 Billion ≈ $1.13 Billion |
+19.16% |
| 2012-12-31 | CN¥6.49 Billion ≈ $949.21 Million |
+19.73% |
| 2011-12-31 | CN¥5.42 Billion ≈ $792.79 Million |
+1.51% |
| 2010-12-31 | CN¥5.34 Billion ≈ $780.98 Million |
+5.88% |
| 2009-12-31 | CN¥5.04 Billion ≈ $737.60 Million |
+44.87% |
| 2008-12-31 | CN¥3.48 Billion ≈ $509.14 Million |
-7.00% |
| 2007-12-31 | CN¥3.74 Billion ≈ $547.47 Million |
-2.92% |
| 2006-12-31 | CN¥3.85 Billion ≈ $563.96 Million |
+0.37% |
| 2005-12-31 | CN¥3.84 Billion ≈ $561.90 Million |
+53.57% |
| 2004-12-31 | CN¥2.50 Billion ≈ $365.89 Million |
-32.50% |
| 2003-12-31 | CN¥3.70 Billion ≈ $542.10 Million |
+30.15% |
| 2002-12-31 | CN¥2.85 Billion ≈ $416.51 Million |
+24.61% |
| 2001-12-31 | CN¥2.28 Billion ≈ $334.25 Million |
+24.08% |
| 2000-12-31 | CN¥1.84 Billion ≈ $269.38 Million |
+10.87% |
| 1999-12-31 | CN¥1.66 Billion ≈ $242.97 Million |
+3.50% |
| 1998-12-31 | CN¥1.60 Billion ≈ $234.75 Million |
+13.60% |
| 1997-12-31 | CN¥1.41 Billion ≈ $206.65 Million |
+48.85% |
| 1996-12-31 | CN¥948.74 Million ≈ $138.83 Million |
+11.16% |
| 1995-12-31 | CN¥853.47 Million ≈ $124.89 Million |
+12.35% |
| 1994-12-31 | CN¥759.66 Million ≈ $111.16 Million |
+15.61% |
| 1993-12-31 | CN¥657.07 Million ≈ $96.15 Million |
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About Ningbo United Group Co Ltd
Ningbo United Group Co.,Ltd., together with its subsidiaries, engages in the real estate development business in China. It operates through Real Estate, Thermal, Commercial Trading, and Other segments. The company develops traditional residential properties, cultural tourism real estate, and specialty commercial real estate. It is also involved in electricity and heat production and supply busine… Read more