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¥2.97 Billion CNY (≈ $435.27 Million USD) as of June 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. Explore 603070 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Wecome Intelligent Manufacturing Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Wecome Intelligent Manufacturing Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. See net assets of Wecome Intelligent Manufacturing Co. Ltd for net asset value and shareholders' equity analysis.
Wecome Intelligent Manufacturing Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Wecome Intelligent Manufacturing Co. Ltd.'s total assets of CN¥2.97 Billion consist of 72.2% current assets and 27.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.2% |
| Accounts Receivable | CN¥676.23 Million | 22.5% |
| Inventory | CN¥201.69 Million | 6.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥74.28 Million | 2.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
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. For live market cap, price, and company overview, see Wecome Intelligent Manufacturing Co. Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wecome Intelligent Manufacturing Co. Ltd.'s current assets represent 72.2% of total assets in 2024, a decrease from 74.8% in 2019.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2024, 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 22.5% 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 |
|---|---|---|
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩533.17 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.27 Billion |
|
Gotion High tech Co Ltd
SHE:002074
|
China | CN¥133.41 Billion |
|
Dongil Technology Ltd
KQ:032960
|
Korea | ₩71.52 Billion |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
|
China | CN¥12.90 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
China | CN¥2.40 Billion |
|
Electrovaya Inc.
TO:ELVA
|
Canada | CA$99.75 Million |
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 | 2.41 | 2.47 | 3.08 |
| Quick Ratio | 2.19 | 2.21 | 2.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.14 Billion | CN¥1.27 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 | 3.14 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -9.8% |
| Total Assets | CN¥3.01 Billion |
| Market Capitalization | $681.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wecome Intelligent Manufacturing Co. Ltd.'s assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Wecome Intelligent Manufacturing Co. Ltd.'s assets decreased by 9.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wecome Intelligent Manufacturing Co. Ltd. (2019–2024)
The table below shows the annual total assets of Wecome Intelligent Manufacturing Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 and development, manufacturing, and sale of power distribution switch control equipment in China. The company provides high and low voltage electrical cabinets, ring network cabinet equipment, IE/IT cabinets, gas insulated switchgear, high voltage vacuum circuit breakers, and other products, as well as after-sales services. The co… Read more