Wuxi Xinhongtai ElecTech Total Assets
Wuxi Xinhongtai ElecTech total assets. Based on the latest financial reports, Wuxi Xinhongtai ElecTech (603016) holds total assets worth CN¥1.05 Billion CNY (≈ $154.02 Million 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. Also see Wuxi Xinhongtai ElecTech market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Wuxi Xinhongtai ElecTech (2011–2024)
Total assets of Wuxi Xinhongtai ElecTech from 2011 to 2024. This chart illustrates how Wuxi Xinhongtai ElecTech's total assets have evolved over time, based on quarterly financial data. See 603016 stock price and chart for real-time trading data and today's change.
Wuxi Xinhongtai ElecTech - Asset Composition Analysis
Wuxi Xinhongtai ElecTech Total Assets Breakdown (December 2024)
Wuxi Xinhongtai ElecTech total assets breakdown as of 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. Explore working capital position of Wuxi Xinhongtai ElecTech to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Uniflex Technology Inc
TW:3321
|
Taiwan | NT$2.05 Billion |
|
WUS Printed Circuit Kunshan Co Ltd
SHE:002463
|
China | CN¥26.31 Billion |
|
Lingyi iTech Guangdong Co
SHE:002600
|
China | CN¥56.23 Billion |
|
FOSITEK CORP
TW:6805
|
Taiwan | NT$16.21 Billion |
|
Zhejiang Huazheng New Material
SHG:603186
|
China | CN¥6.65 Billion |
|
EZconn Corp
TW:6442
|
Taiwan | NT$15.07 Billion |
|
Fujian Huoju Electronic
SHG:603678
|
China | CN¥10.03 Billion |
|
Xiamen Leading Optics Co Ltd
SHG:605118
|
China | CN¥1.80 Billion |
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 | 0.55 |
| Asset Growth Rate (YoY) | 1.2% |
| Total Assets | CN¥1.08 Billion |
| Market Capitalization | $595.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wuxi Xinhongtai ElecTech's assets below their book value (0.55x), 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 ≈ $157.70 Million |
+1.15% |
| 2023-12-31 | CN¥1.07 Billion ≈ $155.91 Million |
+3.07% |
| 2022-12-31 | CN¥1.03 Billion ≈ $151.26 Million |
+1.71% |
| 2021-12-31 | CN¥1.02 Billion ≈ $148.72 Million |
+5.10% |
| 2020-12-31 | CN¥967.01 Million ≈ $141.50 Million |
+0.64% |
| 2019-12-31 | CN¥960.86 Million ≈ $140.60 Million |
-0.38% |
| 2018-12-31 | CN¥964.48 Million ≈ $141.13 Million |
+1.64% |
| 2017-12-31 | CN¥948.91 Million ≈ $138.86 Million |
+2.33% |
| 2016-12-31 | CN¥927.29 Million ≈ $135.69 Million |
+59.57% |
| 2015-12-31 | CN¥581.13 Million ≈ $85.04 Million |
+8.18% |
| 2014-12-31 | CN¥537.20 Million ≈ $78.61 Million |
+12.79% |
| 2013-12-31 | CN¥476.30 Million ≈ $69.70 Million |
+10.81% |
| 2012-12-31 | CN¥429.83 Million ≈ $62.90 Million |
+23.31% |
| 2011-12-31 | CN¥348.59 Million ≈ $51.01 Million |
-- |
About 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