Chongqing Wangbian Electric (Group) Corp. Ltd. Total Assets
Chongqing Wangbian Electric (Group) Corp. Ltd. total assets. Based on the latest financial reports, Chongqing Wangbian Electric (Group) Corp. Ltd. (603191) holds total assets worth CN¥6.76 Billion CNY (≈ $989.73 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. Also see 603191 market cap for the company's overall valuation and market capitalisation.
Total Assets of Chongqing Wangbian Electric (Group) Corp. Ltd. (2019–2024)
Total assets of Chongqing Wangbian Electric (Group) Corp. Ltd. from 2019 to 2024. This chart illustrates how Chongqing Wangbian Electric (Group) Corp. Ltd.'s total assets have evolved over time, based on quarterly financial data. See Chongqing Wangbian Electric (Group) Corp (603191) stock price for real-time trading data and today's change.
Chongqing Wangbian Electric (Group) Corp. Ltd. - Asset Composition Analysis
Chongqing Wangbian Electric (Group) Corp. Ltd. Total Assets Breakdown (December 2024)
Chongqing Wangbian Electric (Group) Corp. Ltd. total assets breakdown as of December 2024. Chongqing Wangbian Electric (Group) Corp. Ltd.'s total assets of CN¥6.76 Billion consist of 63.4% current assets and 36.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.7% |
| Accounts Receivable | CN¥1.64 Billion | 25.1% |
| Inventory | CN¥869.95 Million | 13.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥228.89 Million | 3.5% |
| Goodwill | CN¥45.54 Million | 0.7% |
Asset Composition Trend (2019–2024)
This chart illustrates how Chongqing Wangbian Electric (Group) Corp. 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. Explore 603191 working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Chongqing Wangbian Electric (Group) Corp. Ltd.'s current assets represent 63.4% of total assets in 2024, an increase from 59.6% in 2019.
- Cash Position: Cash and equivalents constituted 17.7% of total assets in 2024, up from 5.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 25.1% of total assets.
Chongqing Wangbian Electric (Group) Corp. Ltd. Competitors by Total Assets
Key competitors of Chongqing Wangbian Electric (Group) Corp. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
China | CN¥48.15 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥21.63 Billion |
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Shenglan Technology Co Ltd
SHE:300843
|
China | CN¥3.10 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
China | CN¥6.99 Billion |
|
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
|
China | CN¥2.96 Billion |
Chongqing Wangbian Electric (Group) Corp. 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 | 1.74 | 1.51 | 1.79 |
| Quick Ratio | 1.36 | 1.20 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.88 Billion | CN¥1.35 Billion | CN¥712.98 Million |
Chongqing Wangbian Electric (Group) Corp. Ltd. - Advanced Valuation Insights
This section examines the relationship between Chongqing Wangbian Electric (Group) Corp. 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 | 3.22 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 34.0% |
| Total Assets | CN¥6.53 Billion |
| Market Capitalization | $531.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chongqing Wangbian Electric (Group) Corp. Ltd.'s assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Chongqing Wangbian Electric (Group) Corp. Ltd.'s assets grew by 34.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Chongqing Wangbian Electric (Group) Corp. Ltd. (2019–2024)
The table below shows the annual total assets of Chongqing Wangbian Electric (Group) Corp. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.53 Billion ≈ $955.83 Million |
+33.98% |
| 2023-12-31 | CN¥4.88 Billion ≈ $713.40 Million |
+39.03% |
| 2022-12-31 | CN¥3.51 Billion ≈ $513.11 Million |
+56.85% |
| 2021-12-31 | CN¥2.24 Billion ≈ $327.14 Million |
+24.91% |
| 2020-12-31 | CN¥1.79 Billion ≈ $261.91 Million |
+28.88% |
| 2019-12-31 | CN¥1.39 Billion ≈ $203.21 Million |
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About Chongqing Wangbian Electric (Group) Corp. Ltd.
Chongqing Wangbian Electric (Group) Corp., Ltd. engages in the research and development, production, and sale of power transmission and distribution and control equipment, and oriented silicon steel products in China. It offers power transformers, box-type substations, and sets of electrical equipment for use in agriculture, industry, and commerce, as well as residential electricity applications,… Read more