Henan Pinggao Electric Co Ltd (600312) - Total Assets
Based on the latest financial reports, Henan Pinggao Electric Co Ltd (600312) holds total assets worth CN¥22.72 Billion CNY (≈ $3.33 Billion USD) 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. See 600312 book value for net asset value and shareholders' equity analysis.
Henan Pinggao Electric Co Ltd - Total Assets Trend (1998–2024)
This chart illustrates how Henan Pinggao Electric Co Ltd's total assets have evolved over time, based on quarterly financial data.
Henan Pinggao Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Henan Pinggao Electric Co Ltd's total assets of CN¥22.72 Billion consist of 75.1% current assets and 24.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.8% |
| Accounts Receivable | CN¥7.22 Billion | 33.2% |
| Inventory | CN¥1.55 Billion | 7.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.31 Billion | 6.0% |
| Goodwill | CN¥53.48 Million | 0.3% |
Asset Composition Trend (1998–2024)
This chart illustrates how Henan Pinggao Electric 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 how much is Henan Pinggao Electric Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Henan Pinggao Electric Co Ltd's current assets represent 75.1% of total assets in 2024, an increase from 63.4% in 1998.
- Cash Position: Cash and equivalents constituted 32.8% of total assets in 2024, up from 1.2% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 33.2% of total assets.
Henan Pinggao Electric Co Ltd Competitors by Total Assets
Key competitors of Henan Pinggao Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
|
China | CN¥20.32 Billion |
|
Tongding Interconnection Information
SHE:002491
|
China | CN¥6.10 Billion |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
|
China | CN¥9.26 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥2.65 Billion |
|
LS Materials
KQ:417200
|
Korea | ₩269.27 Billion |
|
CWB Automotive Electronics Co Ltd
SHG:605005
|
China | CN¥2.55 Billion |
Henan Pinggao Electric 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 | 1.65 | 1.55 | 1.22 |
| Quick Ratio | 1.42 | 1.33 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥6.91 Billion | CN¥5.73 Billion | CN¥2.54 Billion |
Henan Pinggao Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Henan Pinggao Electric 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 | 2.61 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | CN¥21.74 Billion |
| Market Capitalization | $4.42 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Henan Pinggao Electric Co Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Henan Pinggao Electric Co Ltd's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Henan Pinggao Electric Co Ltd (1998–2024)
The table below shows the annual total assets of Henan Pinggao Electric Co Ltd from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥21.74 Billion ≈ $3.18 Billion |
+7.85% |
| 2023-12-31 | CN¥20.16 Billion ≈ $2.95 Billion |
+12.96% |
| 2022-12-31 | CN¥17.85 Billion ≈ $2.61 Billion |
-6.93% |
| 2021-12-31 | CN¥19.18 Billion ≈ $2.81 Billion |
-7.59% |
| 2020-12-31 | CN¥20.75 Billion ≈ $3.04 Billion |
-8.57% |
| 2019-12-31 | CN¥22.70 Billion ≈ $3.32 Billion |
+1.01% |
| 2018-12-31 | CN¥22.47 Billion ≈ $3.29 Billion |
+16.83% |
| 2017-12-31 | CN¥19.23 Billion ≈ $2.81 Billion |
+8.50% |
| 2016-12-31 | CN¥17.72 Billion ≈ $2.59 Billion |
+48.31% |
| 2015-12-31 | CN¥11.95 Billion ≈ $1.75 Billion |
+20.58% |
| 2014-12-31 | CN¥9.91 Billion ≈ $1.45 Billion |
+55.86% |
| 2013-12-31 | CN¥6.36 Billion ≈ $930.57 Million |
-0.70% |
| 2012-12-31 | CN¥6.40 Billion ≈ $937.16 Million |
+28.83% |
| 2011-12-31 | CN¥4.97 Billion ≈ $727.43 Million |
+6.25% |
| 2010-12-31 | CN¥4.68 Billion ≈ $684.65 Million |
-9.84% |
| 2009-12-31 | CN¥5.19 Billion ≈ $759.34 Million |
+32.01% |
| 2008-12-31 | CN¥3.93 Billion ≈ $575.22 Million |
+26.60% |
| 2007-12-31 | CN¥3.11 Billion ≈ $454.37 Million |
-2.47% |
| 2006-12-31 | CN¥3.18 Billion ≈ $465.88 Million |
+26.37% |
| 2005-12-31 | CN¥2.52 Billion ≈ $368.67 Million |
+17.57% |
| 2004-12-31 | CN¥2.14 Billion ≈ $313.57 Million |
+40.59% |
| 2003-12-31 | CN¥1.52 Billion ≈ $223.04 Million |
+12.58% |
| 2002-12-31 | CN¥1.35 Billion ≈ $198.11 Million |
+2.71% |
| 2001-12-31 | CN¥1.32 Billion ≈ $192.88 Million |
+128.03% |
| 2000-12-31 | CN¥578.03 Million ≈ $84.58 Million |
+18.40% |
| 1999-12-31 | CN¥488.21 Million ≈ $71.44 Million |
+8.12% |
| 1998-12-31 | CN¥451.53 Million ≈ $66.07 Million |
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About Henan Pinggao Electric Co Ltd
Henan Pinggao Electric Co.,Ltd. researches and develops, manufactures, sells, tests, and services high voltage, super-high voltage, and ultra-high voltage AC/DC switchgear in China. Its products include 72.5-1100 kV SF6 gas-insulated enclosed switchgear; 72.5-1100 kV sulfur hexafluoride tank circuit breaker switchgear; 72.5-1100 kV open SF6 circuit breakers; 10 kV-1100 kV AC disconnectors and ear… Read more