Gome Telecom Equipment Co Ltd
Gome Telecom Equipment Co., Ltd. engages in the research and development, production, and sale of mobile terminal products. The company was formerly known as Sanlian Commercial Co., Ltd. Gome Telecom Equipment Co., Ltd. was founded 1989 and is based in Jinan, China.
Gome Telecom Equipment Co Ltd (600898) - Total Assets
Latest total assets as of September 2024: CN¥251.51 Million CNY
Based on the latest financial reports, Gome Telecom Equipment Co Ltd (600898) holds total assets worth CN¥251.51 Million CNY as of September 2024.
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.
Gome Telecom Equipment Co Ltd - Total Assets Trend (2000–2023)
This chart illustrates how Gome Telecom Equipment Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gome Telecom Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Gome Telecom Equipment Co Ltd's total assets of CN¥251.51 Million consist of 22.0% current assets and 78.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.9% |
| Accounts Receivable | CN¥15.17 Million | 6.0% |
| Inventory | CN¥8.51 Million | 3.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥18.26 Million | 7.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2000–2023)
This chart illustrates how Gome Telecom Equipment 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: Gome Telecom Equipment Co Ltd's current assets represent 22.0% of total assets in 2023, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2023, down from 10.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 7.2% of total assets.
Gome Telecom Equipment Co Ltd Competitors by Total Assets
Key competitors of Gome Telecom Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Gome Telecom Equipment 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
Lower asset utilization - Gome Telecom Equipment Co Ltd generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gome Telecom Equipment Co Ltd is currently not profitable relative to its asset base.
Gome Telecom Equipment 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 | 0.30 | 0.52 | 0.70 |
| Quick Ratio | 0.25 | 0.45 | 0.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-173.76 Million | CN¥ -96.48 Million | CN¥ -473.84 Million |
Gome Telecom Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Gome Telecom Equipment 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 | 19.52 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -38.3% |
| Total Assets | CN¥252.27 Million |
| Market Capitalization | $15.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gome Telecom Equipment Co Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Gome Telecom Equipment Co Ltd's assets decreased by 38.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Gome Telecom Equipment Co Ltd (2000–2023)
The table below shows the annual total assets of Gome Telecom Equipment Co Ltd from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥252.27 Million | -38.30% |
| 2022-12-31 | CN¥408.87 Million | -33.99% |
| 2021-12-31 | CN¥619.40 Million | -2.58% |
| 2020-12-31 | CN¥635.77 Million | -57.82% |
| 2019-12-31 | CN¥1.51 Billion | -44.74% |
| 2018-12-31 | CN¥2.73 Billion | -11.40% |
| 2017-12-31 | CN¥3.08 Billion | +37.55% |
| 2016-12-31 | CN¥2.24 Billion | +221.40% |
| 2015-12-31 | CN¥696.44 Million | +10.31% |
| 2014-12-31 | CN¥631.34 Million | +0.97% |
| 2013-12-31 | CN¥625.26 Million | +7.22% |
| 2012-12-31 | CN¥583.18 Million | +0.94% |
| 2011-12-31 | CN¥577.74 Million | +15.18% |
| 2010-12-31 | CN¥501.59 Million | +1.48% |
| 2009-12-31 | CN¥494.28 Million | -41.16% |
| 2008-12-31 | CN¥839.98 Million | -11.86% |
| 2007-12-31 | CN¥952.97 Million | -9.50% |
| 2006-12-31 | CN¥1.05 Billion | -8.88% |
| 2005-12-31 | CN¥1.16 Billion | +42.59% |
| 2004-12-31 | CN¥810.48 Million | +82.10% |
| 2003-12-31 | CN¥445.07 Million | -12.09% |
| 2002-12-31 | CN¥506.31 Million | +5.65% |
| 2001-12-31 | CN¥479.24 Million | -50.17% |
| 2000-12-31 | CN¥961.71 Million | -- |