Fujian Longxi Bearing Group Co Ltd (600592) - Total Assets
Based on the latest financial reports, Fujian Longxi Bearing Group Co Ltd (600592) holds total assets worth CN¥3.46 Billion CNY (≈ $506.90 Million 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 Fujian Longxi Bearing Group Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Fujian Longxi Bearing Group Co Ltd - Total Assets Trend (1999–2024)
This chart illustrates how Fujian Longxi Bearing Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Fujian Longxi Bearing Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fujian Longxi Bearing Group Co Ltd's total assets of CN¥3.46 Billion consist of 66.8% current assets and 33.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.6% |
| Accounts Receivable | CN¥737.14 Million | 20.2% |
| Inventory | CN¥488.97 Million | 13.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥72.82 Million | 2.0% |
| Goodwill | CN¥106.10K | 0.0% |
Asset Composition Trend (1999–2024)
This chart illustrates how Fujian Longxi Bearing 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 value of Fujian Longxi Bearing Group Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fujian Longxi Bearing Group Co Ltd's current assets represent 66.8% of total assets in 2024, an increase from 60.5% in 1999.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 27.8% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 20.2% of total assets.
Fujian Longxi Bearing Group Co Ltd Competitors by Total Assets
Key competitors of Fujian Longxi Bearing Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Fujian Longxi Bearing 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 | 4.59 | 4.98 | 4.53 |
| Quick Ratio | 3.57 | 3.94 | 3.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.67 Billion | CN¥1.88 Billion | CN¥1.43 Billion |
Fujian Longxi Bearing Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Fujian Longxi Bearing 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 | 3.54 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | CN¥3.65 Billion |
| Market Capitalization | $1.12 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Fujian Longxi Bearing Group Co Ltd's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Fujian Longxi Bearing Group Co Ltd's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Fujian Longxi Bearing Group Co Ltd (1999–2024)
The table below shows the annual total assets of Fujian Longxi Bearing Group Co Ltd from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.65 Billion ≈ $533.57 Million |
-1.38% |
| 2023-12-31 | CN¥3.70 Billion ≈ $541.02 Million |
+3.58% |
| 2022-12-31 | CN¥3.57 Billion ≈ $522.32 Million |
+3.42% |
| 2021-12-31 | CN¥3.45 Billion ≈ $505.06 Million |
+17.28% |
| 2020-12-31 | CN¥2.94 Billion ≈ $430.66 Million |
+6.58% |
| 2019-12-31 | CN¥2.76 Billion ≈ $404.09 Million |
+3.70% |
| 2018-12-31 | CN¥2.66 Billion ≈ $389.67 Million |
-5.21% |
| 2017-12-31 | CN¥2.81 Billion ≈ $411.08 Million |
+7.30% |
| 2016-12-31 | CN¥2.62 Billion ≈ $383.10 Million |
-6.63% |
| 2015-12-31 | CN¥2.80 Billion ≈ $410.29 Million |
-9.50% |
| 2014-12-31 | CN¥3.10 Billion ≈ $453.34 Million |
+10.53% |
| 2013-12-31 | CN¥2.80 Billion ≈ $410.16 Million |
+29.33% |
| 2012-12-31 | CN¥2.17 Billion ≈ $317.15 Million |
+17.41% |
| 2011-12-31 | CN¥1.85 Billion ≈ $270.12 Million |
+6.66% |
| 2010-12-31 | CN¥1.73 Billion ≈ $253.26 Million |
+50.91% |
| 2009-12-31 | CN¥1.15 Billion ≈ $167.82 Million |
+9.50% |
| 2008-12-31 | CN¥1.05 Billion ≈ $153.26 Million |
+3.04% |
| 2007-12-31 | CN¥1.02 Billion ≈ $148.74 Million |
+17.08% |
| 2006-12-31 | CN¥868.18 Million ≈ $127.04 Million |
+6.68% |
| 2005-12-31 | CN¥813.84 Million ≈ $119.09 Million |
+18.60% |
| 2004-12-31 | CN¥686.21 Million ≈ $100.41 Million |
+1.72% |
| 2003-12-31 | CN¥674.60 Million ≈ $98.72 Million |
+9.85% |
| 2002-12-31 | CN¥614.12 Million ≈ $89.87 Million |
+74.72% |
| 2001-12-31 | CN¥351.49 Million ≈ $51.43 Million |
+17.12% |
| 2000-12-31 | CN¥300.10 Million ≈ $43.91 Million |
+19.92% |
| 1999-12-31 | CN¥250.26 Million ≈ $36.62 Million |
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About Fujian Longxi Bearing Group Co Ltd
Fujian Longxi Bearing (Group) Co., Ltd, produces and sells spherical plain bearings, tapered roller bearings, rolling components, and high-end mechanical parts in China and internationally. The company provides radial, angular contact, and thrust spherical plain bearings; rod ends; rod ends for hydraulic components; ball joint rod ends; bushing; circles; and special products. The company also exp… Read more