China Aerospace Times Electronics Co Ltd

SHG:600879 China Aerospace & Defense
Market Cap
$10.49 Billion
CN¥76.94 Billion CNY
Market Cap Rank
#2007 Global
#112 in China
Share Price
CN¥23.32
Change (1 day)
-6.68%
52-Week Range
CN¥8.14 - CN¥31.56
All Time High
CN¥31.56
About

China Aerospace Times Electronics CO., LTD., together with its subsidiaries, manufactures, produces and sells aerospace electronics, unmanned system equipment, and wire and cable products in China. The company offers military and civilian unmanned aerial vehicle systems, precision-guided weapon systems, and Internet of Things application systems; and system-level products, such as measurement and… Read more

China Aerospace Times Electronics Co Ltd (600879) - Total Assets

Latest total assets as of September 2025: CN¥48.60 Billion CNY

Based on the latest financial reports, China Aerospace Times Electronics Co Ltd (600879) holds total assets worth CN¥48.60 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.

China Aerospace Times Electronics Co Ltd - Total Assets Trend (1995–2024)

This chart illustrates how China Aerospace Times Electronics Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

China Aerospace Times Electronics Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

China Aerospace Times Electronics Co Ltd's total assets of CN¥48.60 Billion consist of 83.4% current assets and 16.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 10.8%
Accounts Receivable CN¥8.17 Billion 17.7%
Inventory CN¥20.25 Billion 43.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥1.13 Billion 2.5%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (1995–2024)

This chart illustrates how China Aerospace Times Electronics 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: China Aerospace Times Electronics Co Ltd's current assets represent 83.4% of total assets in 2024, an increase from 51.9% in 1995.
  • Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, up from 6.7% in 1995.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 1995.
  • Asset Diversification: The largest asset category is inventory at 43.8% of total assets.

China Aerospace Times Electronics Co Ltd Competitors by Total Assets

Key competitors of China Aerospace Times Electronics Co Ltd based on total assets are shown below.

China Aerospace Times Electronics Co Ltd - 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

Historical Range: 0.31 - 1.03

Lower asset utilization - China Aerospace Times Electronics Co Ltd generates 0.31x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.13% - 3.57%

Moderate ROA - For every $100 in assets, China Aerospace Times Electronics Co Ltd generates $ 1.18 in net profit.

China Aerospace Times Electronics 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 1.76 1.84 1.44
Quick Ratio 0.79 0.82 0.79
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥17.59 Billion CN¥ 17.50 Billion CN¥ 7.75 Billion

China Aerospace Times Electronics Co Ltd - Advanced Valuation Insights

This section examines the relationship between China Aerospace Times Electronics 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 3.81
Latest Market Cap to Assets Ratio 0.17
Asset Growth Rate (YoY) -0.4%
Total Assets CN¥46.25 Billion
Market Capitalization $7.81 Billion USD

Valuation Analysis

Below Book Valuation: The market values China Aerospace Times Electronics Co Ltd's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: China Aerospace Times Electronics Co Ltd's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for China Aerospace Times Electronics Co Ltd (1995–2024)

The table below shows the annual total assets of China Aerospace Times Electronics Co Ltd from 1995 to 2024.

Year Total Assets Change
2024-12-31 CN¥46.25 Billion -0.39%
2023-12-31 CN¥46.44 Billion +4.98%
2022-12-31 CN¥44.23 Billion +31.63%
2021-12-31 CN¥33.61 Billion +7.69%
2020-12-31 CN¥31.20 Billion +6.76%
2019-12-31 CN¥29.23 Billion +13.06%
2018-12-31 CN¥25.85 Billion +15.62%
2017-12-31 CN¥22.36 Billion +14.19%
2016-12-31 CN¥19.58 Billion +83.17%
2015-12-31 CN¥10.69 Billion +8.86%
2014-12-31 CN¥9.82 Billion +14.40%
2013-12-31 CN¥8.58 Billion +11.99%
2012-12-31 CN¥7.67 Billion +12.81%
2011-12-31 CN¥6.80 Billion +6.44%
2010-12-31 CN¥6.38 Billion +10.89%
2009-12-31 CN¥5.76 Billion +10.04%
2008-12-31 CN¥5.23 Billion +16.43%
2007-12-31 CN¥4.49 Billion +80.69%
2006-12-31 CN¥2.49 Billion +10.61%
2005-12-31 CN¥2.25 Billion +19.57%
2004-12-31 CN¥1.88 Billion +6.79%
2003-12-31 CN¥1.76 Billion +22.09%
2002-12-31 CN¥1.44 Billion +17.04%
2001-12-31 CN¥1.23 Billion +39.56%
2000-12-31 CN¥882.94 Million +40.38%
1999-12-31 CN¥628.95 Million -5.04%
1998-12-31 CN¥662.30 Million +56.44%
1997-12-31 CN¥423.36 Million +8.89%
1996-12-31 CN¥388.79 Million +26.78%
1995-12-31 CN¥306.67 Million --