Baosheng (600973) - Total Assets
Based on the latest financial reports, Baosheng (600973) holds total assets worth CN¥21.61 Billion CNY (≈ $3.16 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 shareholders equity of Baosheng for net asset value and shareholders' equity analysis.
Baosheng - Total Assets Trend (2001–2024)
This chart illustrates how Baosheng's total assets have evolved over time, based on quarterly financial data.
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. For live market cap, price, and company overview, see 600973 stock market capitalisation.
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 |
|---|---|---|
|
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 |
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 | 0.07 |
| Asset Growth Rate (YoY) | -6.9% |
| Total Assets | CN¥20.84 Billion |
| Market Capitalization | $1.49 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Baosheng's assets below their book value (0.07x), 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 ≈ $3.05 Billion |
-6.93% |
| 2023-12-31 | CN¥22.39 Billion ≈ $3.28 Billion |
+5.67% |
| 2022-12-31 | CN¥21.19 Billion ≈ $3.10 Billion |
+2.12% |
| 2021-12-31 | CN¥20.75 Billion ≈ $3.04 Billion |
+4.40% |
| 2020-12-31 | CN¥19.88 Billion ≈ $2.91 Billion |
+17.06% |
| 2019-12-31 | CN¥16.98 Billion ≈ $2.48 Billion |
+1.92% |
| 2018-12-31 | CN¥16.66 Billion ≈ $2.44 Billion |
+13.21% |
| 2017-12-31 | CN¥14.72 Billion ≈ $2.15 Billion |
+32.14% |
| 2016-12-31 | CN¥11.14 Billion ≈ $1.63 Billion |
+25.84% |
| 2015-12-31 | CN¥8.85 Billion ≈ $1.29 Billion |
+3.25% |
| 2014-12-31 | CN¥8.57 Billion ≈ $1.25 Billion |
+26.30% |
| 2013-12-31 | CN¥6.79 Billion ≈ $992.99 Million |
+14.52% |
| 2012-12-31 | CN¥5.93 Billion ≈ $867.12 Million |
+28.79% |
| 2011-12-31 | CN¥4.60 Billion ≈ $673.30 Million |
+41.14% |
| 2010-12-31 | CN¥3.26 Billion ≈ $477.06 Million |
+28.11% |
| 2009-12-31 | CN¥2.54 Billion ≈ $372.39 Million |
+9.60% |
| 2008-12-31 | CN¥2.32 Billion ≈ $339.78 Million |
+1.32% |
| 2007-12-31 | CN¥2.29 Billion ≈ $335.36 Million |
+44.86% |
| 2006-12-31 | CN¥1.58 Billion ≈ $231.50 Million |
+38.35% |
| 2005-12-31 | CN¥1.14 Billion ≈ $167.33 Million |
+18.46% |
| 2004-12-31 | CN¥965.33 Million ≈ $141.26 Million |
+85.13% |
| 2003-12-31 | CN¥521.43 Million ≈ $76.30 Million |
+7.26% |
| 2002-12-31 | CN¥486.13 Million ≈ $71.14 Million |
+26.94% |
| 2001-12-31 | CN¥382.97 Million ≈ $56.04 Million |
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About 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