Zhejiang Baida Precision Mnfg (603331) - Total Assets
Based on the latest financial reports, Zhejiang Baida Precision Mnfg (603331) holds total assets worth CN¥3.32 Billion CNY (≈ $485.33 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. Check Zhejiang Baida Precision Mnfg (603331) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang Baida Precision Mnfg - Total Assets Trend (2012–2024)
This chart illustrates how Zhejiang Baida Precision Mnfg's total assets have evolved over time, based on quarterly financial data. Check Zhejiang Baida Precision Mnfg (603331) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Baida Precision Mnfg - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Baida Precision Mnfg's total assets of CN¥3.32 Billion consist of 37.4% current assets and 62.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.9% |
| Accounts Receivable | CN¥562.70 Million | 17.3% |
| Inventory | CN¥378.15 Million | 11.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥102.45 Million | 3.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Zhejiang Baida Precision Mnfg'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 Zhejiang Baida Precision Mnfg (603331) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Baida Precision Mnfg's current assets represent 37.4% of total assets in 2024, a decrease from 44.3% in 2012.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, up from 2.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 17.3% of total assets.
Zhejiang Baida Precision Mnfg Competitors by Total Assets
Key competitors of Zhejiang Baida Precision Mnfg based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
NYSE:ALV
|
USA | $8.47 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Versigent PLC
NYSE:VGNT
|
USA | $4.91 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
China | CN¥6.78 Billion |
|
Adient PLC
NYSE:ADNT
|
USA | $8.95 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
|
Jiangsu Pacific Precision
SHE:300258
|
China | CN¥7.41 Billion |
Zhejiang Baida Precision Mnfg - 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 | 0.83 | 0.85 | 1.40 |
| Quick Ratio | 0.55 | 0.55 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-239.85 Million | CN¥-194.74 Million | CN¥252.04 Million |
Zhejiang Baida Precision Mnfg - Advanced Valuation Insights
This section examines the relationship between Zhejiang Baida Precision Mnfg'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 | 2.12 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | CN¥3.26 Billion |
| Market Capitalization | $340.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Baida Precision Mnfg's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Baida Precision Mnfg's assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Baida Precision Mnfg (2012–2024)
The table below shows the annual total assets of Zhejiang Baida Precision Mnfg from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.26 Billion ≈ $476.64 Million |
+0.20% |
| 2023-12-31 | CN¥3.25 Billion ≈ $475.70 Million |
+53.87% |
| 2022-12-31 | CN¥2.11 Billion ≈ $309.15 Million |
+1.03% |
| 2021-12-31 | CN¥2.09 Billion ≈ $306.01 Million |
+10.77% |
| 2020-12-31 | CN¥1.89 Billion ≈ $276.26 Million |
+25.59% |
| 2019-12-31 | CN¥1.50 Billion ≈ $219.97 Million |
+38.48% |
| 2018-12-31 | CN¥1.09 Billion ≈ $158.85 Million |
+5.23% |
| 2017-12-31 | CN¥1.03 Billion ≈ $150.96 Million |
+42.85% |
| 2016-12-31 | CN¥722.16 Million ≈ $105.67 Million |
+7.89% |
| 2015-12-31 | CN¥669.34 Million ≈ $97.95 Million |
+1.50% |
| 2014-12-31 | CN¥659.44 Million ≈ $96.50 Million |
+2.30% |
| 2013-12-31 | CN¥644.64 Million ≈ $94.33 Million |
+7.39% |
| 2012-12-31 | CN¥600.27 Million ≈ $87.84 Million |
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About Zhejiang Baida Precision Mnfg
Zhejiang Baida Precision Manufacturing Corp. engages in the research, development, manufacture, and sale of compressor and auto parts in China. The company offers rotary compressor components, including sliders, balance blocks, cylinders, crankshafts, pistons, upper- and lower-cylinder heads, and partitions; commercial air conditioner scroll compressor components comprising cross rings, lower bea… Read more