Baosheng
Baosheng Science and Technology Innovation Co.,Ltd. engages in the wire and cable industry in China, Hong Kong, Macao, and Taiwan. It offers power, electrical equipment, and communication cables; and cable system. The company provides control and instrument cables, high-frequency data and network cables, signal cables, magnet wires, overhead lines, building wires, precision conductors, power cabl… Read more
Baosheng (600973) - Total Assets
Latest total assets as of September 2025: CN¥21.61 Billion CNY
Based on the latest financial reports, Baosheng (600973) holds total assets worth CN¥21.61 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.
Baosheng - Total Assets Trend (2001–2024)
This chart illustrates how Baosheng’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Baosheng - Asset Composition Analysis
Current Asset Composition (December 2024)
Baosheng's total assets of CN¥21.61 Billion consist of 70.7% current assets and 29.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.6% |
| Accounts Receivable | CN¥7.34 Billion | 35.2% |
| Inventory | CN¥3.34 Billion | 16.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥789.60 Million | 3.8% |
| Goodwill | CN¥88.45 Million | 0.4% |
Asset Composition Trend (2001–2024)
This chart illustrates how Baosheng'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: Baosheng's current assets represent 70.7% of total assets in 2024, a decrease from 76.6% in 2001.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, up from 7.5% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 35.2% of total assets.
Baosheng Competitors by Total Assets
Key competitors of Baosheng based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Baosheng - 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
Strong asset utilization - Baosheng generates 2.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Baosheng is currently not profitable relative to its asset base.
Baosheng - 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 | 1.09 | 1.13 | 1.06 |
| Quick Ratio | 0.93 | 0.93 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.31 Billion | CN¥ 1.93 Billion | CN¥ 734.94 Million |
Baosheng - Advanced Valuation Insights
This section examines the relationship between Baosheng'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 | 2.88 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -6.9% |
| Total Assets | CN¥20.84 Billion |
| Market Capitalization | $733.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Baosheng's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Baosheng's assets decreased by 6.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Baosheng (2001–2024)
The table below shows the annual total assets of Baosheng from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.84 Billion | -6.93% |
| 2023-12-31 | CN¥22.39 Billion | +5.67% |
| 2022-12-31 | CN¥21.19 Billion | +2.12% |
| 2021-12-31 | CN¥20.75 Billion | +4.40% |
| 2020-12-31 | CN¥19.88 Billion | +17.06% |
| 2019-12-31 | CN¥16.98 Billion | +1.92% |
| 2018-12-31 | CN¥16.66 Billion | +13.21% |
| 2017-12-31 | CN¥14.72 Billion | +32.14% |
| 2016-12-31 | CN¥11.14 Billion | +25.84% |
| 2015-12-31 | CN¥8.85 Billion | +3.25% |
| 2014-12-31 | CN¥8.57 Billion | +26.30% |
| 2013-12-31 | CN¥6.79 Billion | +14.52% |
| 2012-12-31 | CN¥5.93 Billion | +28.79% |
| 2011-12-31 | CN¥4.60 Billion | +41.14% |
| 2010-12-31 | CN¥3.26 Billion | +28.11% |
| 2009-12-31 | CN¥2.54 Billion | +9.60% |
| 2008-12-31 | CN¥2.32 Billion | +1.32% |
| 2007-12-31 | CN¥2.29 Billion | +44.86% |
| 2006-12-31 | CN¥1.58 Billion | +38.35% |
| 2005-12-31 | CN¥1.14 Billion | +18.46% |
| 2004-12-31 | CN¥965.33 Million | +85.13% |
| 2003-12-31 | CN¥521.43 Million | +7.26% |
| 2002-12-31 | CN¥486.13 Million | +26.94% |
| 2001-12-31 | CN¥382.97 Million | -- |