Wecome Intelligent Manufacturing Co. Ltd. (603070) - Total Assets
Based on the latest financial reports, Wecome Intelligent Manufacturing Co. Ltd. (603070) holds total assets worth CN¥2.98 Billion CNY (≈ $436.77 Million USD) as of March 2026. 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.
Wecome Intelligent Manufacturing Co. Ltd. - Total Assets Trend (2019–2025)
This chart illustrates how Wecome Intelligent Manufacturing Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. Also see 603070 market cap overview for the company's overall valuation and market capitalisation.
Wecome Intelligent Manufacturing Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2025)
Wecome Intelligent Manufacturing Co. Ltd.'s total assets of CN¥2.98 Billion consist of 68.0% current assets and 32.0% non-current assets. Review total liabilities of Wecome Intelligent Manufacturing Co. Ltd to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.0% |
| Accounts Receivable | CN¥623.21 Million | 19.8% |
| Inventory | CN¥190.99 Million | 6.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥71.96 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Wecome Intelligent Manufacturing 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. See 603070 stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wecome Intelligent Manufacturing Co. Ltd.'s current assets represent 68.0% of total assets in 2025, a decrease from 74.8% in 2019.
- Cash Position: Cash and equivalents constituted 21.0% of total assets in 2025, up from 17.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 19.8% of total assets.
Wecome Intelligent Manufacturing Co. Ltd. Competitors by Total Assets
Key competitors of Wecome Intelligent Manufacturing Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥121.86 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.44 Billion |
|
Sineng Electric Co Ltd
SHE:300827
|
China | CN¥10.98 Billion |
|
Shenzhen Sinexcel Electric Co Ltd
SHE:300693
|
China | CN¥4.24 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
China | CN¥4.48 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
China | CN¥8.24 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥12.47 Billion |
|
Hunan Zhongke Electric
SHE:300035
|
China | CN¥15.40 Billion |
Wecome Intelligent Manufacturing 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 | 2.49 | 2.61 | 3.08 |
| Quick Ratio | 2.25 | 2.34 | 2.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.19 Billion | CN¥1.15 Billion | CN¥1.45 Billion |
Wecome Intelligent Manufacturing Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Wecome Intelligent Manufacturing 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 | 2.16 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | CN¥3.15 Billion |
| Market Capitalization | $682.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wecome Intelligent Manufacturing Co. Ltd.'s assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wecome Intelligent Manufacturing Co. Ltd.'s assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wecome Intelligent Manufacturing Co. Ltd. (2019–2025)
The table below shows the annual total assets of Wecome Intelligent Manufacturing Co. Ltd. from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.15 Billion ≈ $461.06 Million |
+4.61% |
| 2024-12-31 | CN¥3.01 Billion ≈ $440.76 Million |
-9.76% |
| 2023-12-31 | CN¥3.34 Billion ≈ $488.42 Million |
+13.63% |
| 2022-12-31 | CN¥2.94 Billion ≈ $429.84 Million |
+30.50% |
| 2021-12-31 | CN¥2.25 Billion ≈ $329.37 Million |
+15.79% |
| 2020-12-31 | CN¥1.94 Billion ≈ $284.45 Million |
+10.64% |
| 2019-12-31 | CN¥1.76 Billion ≈ $257.10 Million |
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About Wecome Intelligent Manufacturing Co. Ltd.
Wecome Intelligent Manufacturing Co., Ltd. engages in the research, development, manufacturing, and sale of power distribution switch control equipment in China and internationally. The company provides high and low voltage electrical cabinets and components, IE/IT cabinets, outdoor high-voltage ring main units, vacuum circuit breakers, prefabricated substations, and other products. It also offer… Read more