Jiangsu Huachen Transformer (603097) - Total Assets
Based on the latest financial reports, Jiangsu Huachen Transformer (603097) holds total assets worth CN¥3.26 Billion CNY (≈ $477.07 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. Check cash flow reinvestment rate of Jiangsu Huachen Transformer to assess the company's total reinvestment commitment from operating cash flow.
Jiangsu Huachen Transformer - Total Assets Trend (2019–2024)
This chart illustrates how Jiangsu Huachen Transformer's total assets have evolved over time, based on quarterly financial data. Check Jiangsu Huachen Transformer cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Jiangsu Huachen Transformer - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Huachen Transformer's total assets of CN¥3.26 Billion consist of 72.0% current assets and 28.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.8% |
| Accounts Receivable | CN¥892.44 Million | 37.6% |
| Inventory | CN¥468.12 Million | 19.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥116.22 Million | 4.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Jiangsu Huachen Transformer'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 603097 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Huachen Transformer's current assets represent 72.0% of total assets in 2024, a decrease from 83.1% in 2019.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 4.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 37.6% of total assets.
Jiangsu Huachen Transformer Competitors by Total Assets
Key competitors of Jiangsu Huachen Transformer based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lens Technology Co Ltd
SHE:300433
|
China | CN¥77.25 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
China | CN¥20.78 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
China | CN¥2.52 Billion |
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
China | CN¥6.30 Billion |
|
Success Electronics Ltd
SHE:002289
|
China | CN¥5.27 Billion |
|
TXC Corp
TW:3042
|
Taiwan | NT$23.15 Billion |
|
Guangdong Ellington Electronics Technology Co Ltd
SHG:603328
|
China | CN¥6.54 Billion |
Jiangsu Huachen Transformer - 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 | 1.57 | 1.64 | 2.25 |
| Quick Ratio | 1.22 | 1.22 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥855.52 Million | CN¥564.09 Million | CN¥561.23 Million |
Jiangsu Huachen Transformer - Advanced Valuation Insights
This section examines the relationship between Jiangsu Huachen Transformer'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 | 5.06 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 33.4% |
| Total Assets | CN¥2.37 Billion |
| Market Capitalization | $667.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Huachen Transformer's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiangsu Huachen Transformer's assets grew by 33.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangsu Huachen Transformer (2019–2024)
The table below shows the annual total assets of Jiangsu Huachen Transformer from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.37 Billion ≈ $347.25 Million |
+33.40% |
| 2023-12-31 | CN¥1.78 Billion ≈ $260.30 Million |
+31.35% |
| 2022-12-31 | CN¥1.35 Billion ≈ $198.17 Million |
+59.97% |
| 2021-12-31 | CN¥846.59 Million ≈ $123.88 Million |
+27.32% |
| 2020-12-31 | CN¥664.91 Million ≈ $97.30 Million |
+22.49% |
| 2019-12-31 | CN¥542.84 Million ≈ $79.43 Million |
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About Jiangsu Huachen Transformer
Jiangsu Huachen Transformer Co., Ltd. engages in the research, development, production, and sales of power transmission and distribution and control equipment in China and internationally. The company offers oil-immersed distribution transformer, dry type distribution transformer, coating coil distribution transformer, and transformer substation; and new energy box-type transformers, prefabricate… Read more