Ningbo Tuopu Group Co Ltd

SHG:601689 China Auto Parts
Market Cap
$14.95 Billion
CN¥109.69 Billion CNY
Market Cap Rank
#2408 Global
#149 in China
Share Price
CN¥63.12
Change (1 day)
-2.00%
52-Week Range
CN¥43.33 - CN¥83.42
All Time High
CN¥91.35
About

Ningbo Tuopu Group Co.,Ltd. engages in the research and development, production, and sale of auto parts in China and internationally. The main offers automotive NVH shock absorption systems, interior and exterior decoration systems, lightweight body, cockpit components, thermal management systems, chassis systems, air suspension systems, driving systems, shock absorption systems, interior functio… Read more

Ningbo Tuopu Group Co Ltd (601689) - Total Assets

Latest total assets as of September 2025: CN¥41.66 Billion CNY

Based on the latest financial reports, Ningbo Tuopu Group Co Ltd (601689) holds total assets worth CN¥41.66 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.

Ningbo Tuopu Group Co Ltd - Total Assets Trend (2011–2024)

This chart illustrates how Ningbo Tuopu Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ningbo Tuopu Group Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Ningbo Tuopu Group Co Ltd's total assets of CN¥41.66 Billion consist of 49.8% current assets and 50.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 10.6%
Accounts Receivable CN¥9.19 Billion 24.5%
Inventory CN¥4.00 Billion 10.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥1.37 Billion 3.7%
Goodwill CN¥202.10 Million 0.5%

Asset Composition Trend (2011–2024)

This chart illustrates how Ningbo Tuopu Group 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: Ningbo Tuopu Group Co Ltd's current assets represent 49.8% of total assets in 2024, an increase from 49.7% in 2011.
  • Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, up from 6.4% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 24.5% of total assets.

Ningbo Tuopu Group Co Ltd Competitors by Total Assets

Key competitors of Ningbo Tuopu Group Co Ltd based on total assets are shown below.

Company Country Total Assets
iQ International AG
F:IQL
Germany €35.73 Million
Metaterra Corp.
PINK:MTRC
USA $54.63K
Daewonkangup
KO:000430
Korea ₩1.39 Trillion
Wanxiang Qianchao Co Ltd
SHE:000559
China CN¥24.64 Billion
Weifu High-Technology Group Co Ltd
SHE:000581
China CN¥29.08 Billion
Gui Zhou Tyre Co Ltd
SHE:000589
China CN¥18.30 Billion
Qingdao Doublestar Co Ltd
SHE:000599
China CN¥9.23 Billion
Hengli Industrial Development Group Co Ltd
SHE:000622
China CN¥481.53 Million

Ningbo Tuopu Group 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: 0.47 - 0.80

Strong asset utilization - Ningbo Tuopu Group Co Ltd generates 0.71x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.06% - 12.45%

Solid ROA - For every $100 in assets, Ningbo Tuopu Group Co Ltd generates $7.99 in net profit.

Ningbo Tuopu Group 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 1.28 1.45 1.33
Quick Ratio 1.00 1.12 0.96
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥4.68 Billion CN¥ 5.10 Billion CN¥ 1.33 Billion

Ningbo Tuopu Group Co Ltd - Advanced Valuation Insights

This section examines the relationship between Ningbo Tuopu Group 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 4.72
Latest Market Cap to Assets Ratio 0.16
Asset Growth Rate (YoY) 22.0%
Total Assets CN¥37.54 Billion
Market Capitalization $6.12 Billion USD

Valuation Analysis

Below Book Valuation: The market values Ningbo Tuopu Group Co Ltd's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Ningbo Tuopu Group Co Ltd's assets grew by 22.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Ningbo Tuopu Group Co Ltd (2011–2024)

The table below shows the annual total assets of Ningbo Tuopu Group Co Ltd from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥37.54 Billion +22.02%
2023-12-31 CN¥30.77 Billion +11.85%
2022-12-31 CN¥27.51 Billion +47.25%
2021-12-31 CN¥18.68 Billion +54.21%
2020-12-31 CN¥12.12 Billion +7.84%
2019-12-31 CN¥11.23 Billion +3.06%
2018-12-31 CN¥10.90 Billion +1.55%
2017-12-31 CN¥10.73 Billion +117.02%
2016-12-31 CN¥4.95 Billion +19.77%
2015-12-31 CN¥4.13 Billion +62.78%
2014-12-31 CN¥2.54 Billion +19.69%
2013-12-31 CN¥2.12 Billion +19.67%
2012-12-31 CN¥1.77 Billion +9.37%
2011-12-31 CN¥1.62 Billion --