Wuxi Xinhongtai ElecTech
Wuxi New Hongtai Electrical Technology Co.,Ltd engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China. It offers BMC/SMC molded insulation products for circuit breakers, motors and electric motors, low-voltage circuit breakers, and knife-fused switches; and molding articles and materials. Wuxi Ne… Read more
Wuxi Xinhongtai ElecTech (603016) - Total Assets
Latest total assets as of September 2025: CN¥1.05 Billion CNY
Based on the latest financial reports, Wuxi Xinhongtai ElecTech (603016) holds total assets worth CN¥1.05 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.
Wuxi Xinhongtai ElecTech - Total Assets Trend (2011–2024)
This chart illustrates how Wuxi Xinhongtai ElecTech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wuxi Xinhongtai ElecTech - Asset Composition Analysis
Current Asset Composition (December 2024)
Wuxi Xinhongtai ElecTech's total assets of CN¥1.05 Billion consist of 84.9% current assets and 15.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.8% |
| Accounts Receivable | CN¥222.06 Million | 20.6% |
| Inventory | CN¥117.68 Million | 10.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥26.52 Million | 2.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Wuxi Xinhongtai ElecTech'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: Wuxi Xinhongtai ElecTech's current assets represent 84.9% of total assets in 2024, an increase from 62.3% in 2011.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2024, up from 13.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 10.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 20.6% of total assets.
Wuxi Xinhongtai ElecTech Competitors by Total Assets
Key competitors of Wuxi Xinhongtai ElecTech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Wuxi Xinhongtai ElecTech - 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
Moderate asset utilization - Wuxi Xinhongtai ElecTech generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Wuxi Xinhongtai ElecTech generates $6.55 in net profit.
Wuxi Xinhongtai ElecTech - 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 | 4.56 | 4.69 | 6.12 |
| Quick Ratio | 3.93 | 4.11 | 5.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥701.07 Million | CN¥ 703.56 Million | CN¥ 648.04 Million |
Wuxi Xinhongtai ElecTech - Advanced Valuation Insights
This section examines the relationship between Wuxi Xinhongtai ElecTech'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 | 6.01 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | 1.2% |
| Total Assets | CN¥1.08 Billion |
| Market Capitalization | $271.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wuxi Xinhongtai ElecTech's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wuxi Xinhongtai ElecTech's assets grew by 1.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wuxi Xinhongtai ElecTech (2011–2024)
The table below shows the annual total assets of Wuxi Xinhongtai ElecTech from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | +1.15% |
| 2023-12-31 | CN¥1.07 Billion | +3.07% |
| 2022-12-31 | CN¥1.03 Billion | +1.71% |
| 2021-12-31 | CN¥1.02 Billion | +5.10% |
| 2020-12-31 | CN¥967.01 Million | +0.64% |
| 2019-12-31 | CN¥960.86 Million | -0.38% |
| 2018-12-31 | CN¥964.48 Million | +1.64% |
| 2017-12-31 | CN¥948.91 Million | +2.33% |
| 2016-12-31 | CN¥927.29 Million | +59.57% |
| 2015-12-31 | CN¥581.13 Million | +8.18% |
| 2014-12-31 | CN¥537.20 Million | +12.79% |
| 2013-12-31 | CN¥476.30 Million | +10.81% |
| 2012-12-31 | CN¥429.83 Million | +23.31% |
| 2011-12-31 | CN¥348.59 Million | -- |