Ningbo Sanxing Medical Electric Co Ltd (601567) - Total Assets
Based on the latest financial reports, Ningbo Sanxing Medical Electric Co Ltd (601567) holds total assets worth CN¥24.16 Billion CNY (≈ $3.53 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 Ningbo Sanxing Medical Electric Co Ltd (601567) shareholders funds for net asset value and shareholders' equity analysis.
Ningbo Sanxing Medical Electric Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Ningbo Sanxing Medical Electric Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ningbo Sanxing Medical Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Sanxing Medical Electric Co Ltd's total assets of CN¥24.16 Billion consist of 56.4% current assets and 43.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.6% |
| Accounts Receivable | CN¥3.90 Billion | 15.9% |
| Inventory | CN¥4.08 Billion | 16.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥463.29 Million | 1.9% |
| Goodwill | CN¥1.56 Billion | 6.4% |
Asset Composition Trend (2008–2024)
This chart illustrates how Ningbo Sanxing Medical Electric 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 601567 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Sanxing Medical Electric Co Ltd's current assets represent 56.4% of total assets in 2024, a decrease from 90.6% in 2008.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, down from 32.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 16.7% of total assets.
Ningbo Sanxing Medical Electric Co Ltd Competitors by Total Assets
Key competitors of Ningbo Sanxing Medical Electric Co Ltd 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 |
Ningbo Sanxing Medical Electric 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 | 1.30 | 1.46 | 1.60 |
| Quick Ratio | 0.88 | 0.95 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.99 Billion | CN¥3.56 Billion | CN¥2.67 Billion |
Ningbo Sanxing Medical Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Sanxing Medical Electric 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 | 2.73 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 13.8% |
| Total Assets | CN¥24.48 Billion |
| Market Capitalization | $4.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Sanxing Medical Electric Co Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Sanxing Medical Electric Co Ltd's assets grew by 13.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Sanxing Medical Electric Co Ltd (2008–2024)
The table below shows the annual total assets of Ningbo Sanxing Medical Electric Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥24.48 Billion ≈ $3.58 Billion |
+13.78% |
| 2023-12-31 | CN¥21.51 Billion ≈ $3.15 Billion |
+32.57% |
| 2022-12-31 | CN¥16.23 Billion ≈ $2.37 Billion |
+9.16% |
| 2021-12-31 | CN¥14.87 Billion ≈ $2.18 Billion |
+8.54% |
| 2020-12-31 | CN¥13.70 Billion ≈ $2.00 Billion |
+0.63% |
| 2019-12-31 | CN¥13.61 Billion ≈ $1.99 Billion |
-4.94% |
| 2018-12-31 | CN¥14.32 Billion ≈ $2.10 Billion |
+12.66% |
| 2017-12-31 | CN¥12.71 Billion ≈ $1.86 Billion |
+9.22% |
| 2016-12-31 | CN¥11.64 Billion ≈ $1.70 Billion |
+56.78% |
| 2015-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+33.25% |
| 2014-12-31 | CN¥5.57 Billion ≈ $815.08 Million |
+49.00% |
| 2013-12-31 | CN¥3.74 Billion ≈ $547.04 Million |
+2.29% |
| 2012-12-31 | CN¥3.65 Billion ≈ $534.78 Million |
+9.94% |
| 2011-12-31 | CN¥3.32 Billion ≈ $486.45 Million |
+98.71% |
| 2010-12-31 | CN¥1.67 Billion ≈ $244.80 Million |
+33.17% |
| 2009-12-31 | CN¥1.26 Billion ≈ $183.82 Million |
+58.48% |
| 2008-12-31 | CN¥792.64 Million ≈ $115.99 Million |
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About Ningbo Sanxing Medical Electric Co Ltd
Ningbo Sanxing Medical Electric Co.,Ltd. manufactures and sells power distribution in China and internationally. The company offers smart meters, smart terminals, communication modules, system software, transformers, box-type substations, switch cabinets, power boxes, and other products and services. It also provides financial leasing and consulting services, as well as medical services. The comp… Read more