Veken Elite
Veken Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of lithium batteries in China and internationally. It offers cell phone battery, tablet/laptop battery, high rate battery, and mobile power products; electric bicycle, electric motorcycle, tricycle, shared swap class, power tool drive, vacuum cleaner drive, motorized curtain … Read more
Veken Elite (600152) - Total Assets
Latest total assets as of September 2025: CN¥2.78 Billion CNY
Based on the latest financial reports, Veken Elite (600152) holds total assets worth CN¥2.78 Billion CNY as of September 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.
Veken Elite - Total Assets Trend (1995–2024)
This chart illustrates how Veken Elite’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Veken Elite - Asset Composition Analysis
Current Asset Composition (December 2024)
Veken Elite's total assets of CN¥2.78 Billion consist of 44.2% current assets and 55.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.8% |
| Accounts Receivable | CN¥455.71 Million | 15.6% |
| Inventory | CN¥287.38 Million | 9.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥78.07 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1995–2024)
This chart illustrates how Veken Elite'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: Veken Elite's current assets represent 44.2% of total assets in 2024, a decrease from 53.5% in 1995.
- Cash Position: Cash and equivalents constituted 14.8% of total assets in 2024, up from 2.4% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 15.6% of total assets.
Veken Elite Competitors by Total Assets
Key competitors of Veken Elite based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Veken Elite - 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 - Veken Elite generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Veken Elite is currently not profitable relative to its asset base.
Veken Elite - 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 | 1.27 | 1.27 | 1.15 |
| Quick Ratio | 0.88 | 0.96 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥256.66 Million | CN¥ 307.31 Million | CN¥ 232.66 Million |
Veken Elite - Advanced Valuation Insights
This section examines the relationship between Veken Elite'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 | 2.40 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -9.9% |
| Total Assets | CN¥2.92 Billion |
| Market Capitalization | $449.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Veken Elite's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Veken Elite's assets decreased by 9.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Veken Elite (1995–2024)
The table below shows the annual total assets of Veken Elite from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | -9.88% |
| 2023-12-31 | CN¥3.24 Billion | -7.23% |
| 2022-12-31 | CN¥3.49 Billion | -13.42% |
| 2021-12-31 | CN¥4.03 Billion | +27.18% |
| 2020-12-31 | CN¥3.17 Billion | +16.55% |
| 2019-12-31 | CN¥2.72 Billion | +10.10% |
| 2018-12-31 | CN¥2.47 Billion | -9.09% |
| 2017-12-31 | CN¥2.72 Billion | +158.09% |
| 2016-12-31 | CN¥1.05 Billion | -24.14% |
| 2015-12-31 | CN¥1.39 Billion | -21.47% |
| 2014-12-31 | CN¥1.77 Billion | -24.84% |
| 2013-12-31 | CN¥2.35 Billion | -16.46% |
| 2012-12-31 | CN¥2.82 Billion | -13.28% |
| 2011-12-31 | CN¥3.25 Billion | -14.23% |
| 2010-12-31 | CN¥3.79 Billion | +6.36% |
| 2009-12-31 | CN¥3.56 Billion | +35.63% |
| 2008-12-31 | CN¥2.62 Billion | -2.52% |
| 2007-12-31 | CN¥2.69 Billion | +37.48% |
| 2006-12-31 | CN¥1.96 Billion | +4.49% |
| 2005-12-31 | CN¥1.87 Billion | +11.66% |
| 2004-12-31 | CN¥1.68 Billion | +12.87% |
| 2003-12-31 | CN¥1.49 Billion | +15.62% |
| 2002-12-31 | CN¥1.29 Billion | +31.16% |
| 2001-12-31 | CN¥980.56 Million | +13.61% |
| 2000-12-31 | CN¥863.11 Million | +8.61% |
| 1999-12-31 | CN¥794.72 Million | +27.95% |
| 1998-12-31 | CN¥621.10 Million | +66.21% |
| 1997-12-31 | CN¥373.69 Million | +19.57% |
| 1996-12-31 | CN¥312.54 Million | +16.35% |
| 1995-12-31 | CN¥268.62 Million | -- |