Ningbo Xusheng Auto Technology Co Ltd (603305) - Total Assets
Based on the latest financial reports, Ningbo Xusheng Auto Technology Co Ltd (603305) holds total assets worth CN¥13.36 Billion CNY (≈ $1.95 Billion 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. See what is Ningbo Xusheng Auto Technology Co Ltd's book value for net asset value and shareholders' equity analysis.
Ningbo Xusheng Auto Technology Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Ningbo Xusheng Auto Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ningbo Xusheng Auto Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Xusheng Auto Technology Co Ltd's total assets of CN¥13.36 Billion consist of 47.2% current assets and 52.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.9% |
| Accounts Receivable | CN¥1.25 Billion | 9.0% |
| Inventory | CN¥1.08 Billion | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥580.78 Million | 4.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Ningbo Xusheng Auto Technology 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 market value of Ningbo Xusheng Auto Technology Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Xusheng Auto Technology Co Ltd's current assets represent 47.2% of total assets in 2024, a decrease from 58.1% in 2013.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, up from 0.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 5.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 9.0% of total assets.
Ningbo Xusheng Auto Technology Co Ltd Competitors by Total Assets
Key competitors of Ningbo Xusheng Auto Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sailun Jinyu Group Co Ltd
SHG:601058
|
China | CN¥45.83 Billion |
|
Shanghai Daimay Auto Interior
SHG:603730
|
China | CN¥7.27 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
China | CN¥7.17 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.07 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Jiangsu Riying Electns Co Ltd
SHG:603286
|
China | CN¥1.88 Billion |
Ningbo Xusheng Auto Technology 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 | 1.69 | 2.49 | 2.03 |
| Quick Ratio | 1.38 | 2.16 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.34 Billion | CN¥4.61 Billion | CN¥1.21 Billion |
Ningbo Xusheng Auto Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Xusheng Auto Technology 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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 39.0% |
| Total Assets | CN¥13.99 Billion |
| Market Capitalization | $2.82 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Xusheng Auto Technology Co Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Xusheng Auto Technology Co Ltd's assets grew by 39.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Xusheng Auto Technology Co Ltd (2013–2024)
The table below shows the annual total assets of Ningbo Xusheng Auto Technology Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.99 Billion ≈ $2.05 Billion |
+39.00% |
| 2023-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
+4.57% |
| 2022-12-31 | CN¥9.62 Billion ≈ $1.41 Billion |
+17.68% |
| 2021-12-31 | CN¥8.18 Billion ≈ $1.20 Billion |
+78.09% |
| 2020-12-31 | CN¥4.59 Billion ≈ $671.96 Million |
+83.91% |
| 2019-12-31 | CN¥2.50 Billion ≈ $365.38 Million |
+3.62% |
| 2018-12-31 | CN¥2.41 Billion ≈ $352.61 Million |
+68.43% |
| 2017-12-31 | CN¥1.43 Billion ≈ $209.36 Million |
+91.82% |
| 2016-12-31 | CN¥745.84 Million ≈ $109.14 Million |
+48.15% |
| 2015-12-31 | CN¥503.44 Million ≈ $73.67 Million |
+57.92% |
| 2014-12-31 | CN¥318.80 Million ≈ $46.65 Million |
+57.08% |
| 2013-12-31 | CN¥202.96 Million ≈ $29.70 Million |
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About Ningbo Xusheng Auto Technology Co Ltd
Ningbo Xusheng Group Co., Ltd. engages in the research and development, production, and sales of precision aluminum alloy parts in China and internationally. It offers electric drive, electronic control, battery, suspension, body, and thermal management system; energy storage systems; and intelligent machinery products. Its products are used in new energy vehicles. The company was formerly known … Read more