Nantong Haixing Electronics Co Ltd (603115) - Total Assets
Based on the latest financial reports, Nantong Haixing Electronics Co Ltd (603115) holds total assets worth CN¥3.02 Billion CNY (≈ $441.21 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. Explore Nantong Haixing Electronics Co Ltd (603115) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Nantong Haixing Electronics Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Nantong Haixing Electronics Co Ltd's total assets have evolved over time, based on quarterly financial data.
Nantong Haixing Electronics Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Nantong Haixing Electronics Co Ltd's total assets of CN¥3.02 Billion consist of 65.5% current assets and 34.5% non-current assets. Also see 603115 market cap overview for the company's overall valuation and market capitalisation.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.0% |
| Accounts Receivable | CN¥820.40 Million | 31.3% |
| Inventory | CN¥282.79 Million | 10.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥78.47 Million | 3.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Nantong Haixing Electronics 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 today's stock price for Nantong Haixing Electronics Co Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nantong Haixing Electronics Co Ltd's current assets represent 65.5% of total assets in 2024, an increase from 56.3% in 2014.
- Cash Position: Cash and equivalents constituted 22.0% of total assets in 2024, up from 17.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 31.3% of total assets.
Nantong Haixing Electronics Co Ltd Competitors by Total Assets
Key competitors of Nantong Haixing Electronics Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.27 Billion |
|
Beijing Sifang Automation Co Ltd
SHG:601126
|
China | CN¥10.88 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.85 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Amprius Technologies Inc.
NYSE:AMPX
|
USA | $130.78 Million |
Nantong Haixing Electronics 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 | 2.87 | 3.64 | 3.23 |
| Quick Ratio | 2.40 | 3.09 | 2.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.27 Billion | CN¥1.20 Billion | CN¥792.43 Million |
Nantong Haixing Electronics Co Ltd - Advanced Valuation Insights
This section examines the relationship between Nantong Haixing Electronics 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 | 2.65 |
| Latest Market Cap to Assets Ratio | 1.06 |
| Asset Growth Rate (YoY) | 9.4% |
| Total Assets | CN¥2.62 Billion |
| Market Capitalization | $2.77 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Nantong Haixing Electronics Co Ltd's assets above their book value (1.06x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Nantong Haixing Electronics Co Ltd's assets grew by 9.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nantong Haixing Electronics Co Ltd (2014–2024)
The table below shows the annual total assets of Nantong Haixing Electronics Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.62 Billion ≈ $383.44 Million |
+9.43% |
| 2023-12-31 | CN¥2.39 Billion ≈ $350.40 Million |
-1.04% |
| 2022-12-31 | CN¥2.42 Billion ≈ $354.09 Million |
+3.25% |
| 2021-12-31 | CN¥2.34 Billion ≈ $342.95 Million |
+43.64% |
| 2020-12-31 | CN¥1.63 Billion ≈ $238.75 Million |
+2.01% |
| 2019-12-31 | CN¥1.60 Billion ≈ $234.06 Million |
+45.30% |
| 2018-12-31 | CN¥1.10 Billion ≈ $161.09 Million |
+16.53% |
| 2017-12-31 | CN¥944.70 Million ≈ $138.24 Million |
+6.71% |
| 2016-12-31 | CN¥885.26 Million ≈ $129.54 Million |
+1.28% |
| 2015-12-31 | CN¥874.05 Million ≈ $127.90 Million |
+20.31% |
| 2014-12-31 | CN¥726.48 Million ≈ $106.31 Million |
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About Nantong Haixing Electronics Co Ltd
Nantong Haixing Electronics Co., Ltd. engages in the research, development, production, and sale of electrode foils for aluminum electrolytic capacitors in the People's Republic of China. It offers medium and high voltage etched and formed foils; and low voltage etched and formed foils. The company was founded in 1998 and is based in Nantong, the People's Republic of China.