Ningbo Tuopu Group Co Ltd (601689) - Total Assets
Based on the latest financial reports, Ningbo Tuopu Group Co Ltd (601689) holds total assets worth CN¥41.66 Billion CNY (≈ $6.10 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 601689 total equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see how much is Ningbo Tuopu Group Co Ltd worth.
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 |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥17.41 Billion |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
China | CN¥7.43 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.67 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
China | CN¥1.59 Billion |
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 | 0.41 |
| Asset Growth Rate (YoY) | 22.0% |
| Total Assets | CN¥37.54 Billion |
| Market Capitalization | $15.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Tuopu Group Co Ltd's assets below their book value (0.41x), 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 ≈ $5.49 Billion |
+22.02% |
| 2023-12-31 | CN¥30.77 Billion ≈ $4.50 Billion |
+11.85% |
| 2022-12-31 | CN¥27.51 Billion ≈ $4.03 Billion |
+47.25% |
| 2021-12-31 | CN¥18.68 Billion ≈ $2.73 Billion |
+54.21% |
| 2020-12-31 | CN¥12.12 Billion ≈ $1.77 Billion |
+7.84% |
| 2019-12-31 | CN¥11.23 Billion ≈ $1.64 Billion |
+3.06% |
| 2018-12-31 | CN¥10.90 Billion ≈ $1.60 Billion |
+1.55% |
| 2017-12-31 | CN¥10.73 Billion ≈ $1.57 Billion |
+117.02% |
| 2016-12-31 | CN¥4.95 Billion ≈ $723.81 Million |
+19.77% |
| 2015-12-31 | CN¥4.13 Billion ≈ $604.32 Million |
+62.78% |
| 2014-12-31 | CN¥2.54 Billion ≈ $371.24 Million |
+19.69% |
| 2013-12-31 | CN¥2.12 Billion ≈ $310.18 Million |
+19.67% |
| 2012-12-31 | CN¥1.77 Billion ≈ $259.19 Million |
+9.37% |
| 2011-12-31 | CN¥1.62 Billion ≈ $236.98 Million |
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About Ningbo Tuopu Group Co Ltd
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