Kingclean Electric Co Ltd
Kingclean Electric Co.,Ltd, an electric household company, manufactures and sells home appliances, kitchen appliances, and garden tools under the KingClean brand in the People's Republic of China. Its products include cleaning products, such as vacuum cleaners and robots, steamer cleaners, and mattress cleaners; environment appliances, including air and water purifiers, tea maker, humidifier, fan… Read more
Kingclean Electric Co Ltd (603355) - Total Assets
Latest total assets as of September 2025: CN¥15.25 Billion CNY
Based on the latest financial reports, Kingclean Electric Co Ltd (603355) holds total assets worth CN¥15.25 Billion CNY 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.
Kingclean Electric Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Kingclean Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kingclean Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Kingclean Electric Co Ltd's total assets of CN¥15.25 Billion consist of 73.3% current assets and 26.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 34.9% |
| Accounts Receivable | CN¥2.35 Billion | 17.2% |
| Inventory | CN¥1.39 Billion | 10.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥248.49 Million | 1.8% |
| Goodwill | CN¥645.97 Million | 4.7% |
Asset Composition Trend (2011–2024)
This chart illustrates how Kingclean Electric 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kingclean Electric Co Ltd's current assets represent 73.3% of total assets in 2024, an increase from 65.9% in 2011.
- Cash Position: Cash and equivalents constituted 34.9% of total assets in 2024, up from 25.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 8.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 17.2% of total assets.
Kingclean Electric Co Ltd Competitors by Total Assets
Key competitors of Kingclean Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Kingclean Electric Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Kingclean Electric Co Ltd generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Kingclean Electric Co Ltd generates $9.03 in net profit.
Kingclean Electric 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 | 1.39 | 1.74 | 1.74 |
| Quick Ratio | 1.22 | 1.53 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.22 Billion | CN¥ 4.39 Billion | CN¥ 2.50 Billion |
Kingclean Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Kingclean Electric 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 | 3.19 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | CN¥13.62 Billion |
| Market Capitalization | $1.31 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Kingclean Electric Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Kingclean Electric Co Ltd's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Kingclean Electric Co Ltd (2011–2024)
The table below shows the annual total assets of Kingclean Electric Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.62 Billion | +8.44% |
| 2023-12-31 | CN¥12.56 Billion | +19.01% |
| 2022-12-31 | CN¥10.56 Billion | +18.44% |
| 2021-12-31 | CN¥8.91 Billion | +25.05% |
| 2020-12-31 | CN¥7.13 Billion | +32.55% |
| 2019-12-31 | CN¥5.38 Billion | +20.19% |
| 2018-12-31 | CN¥4.47 Billion | -13.43% |
| 2017-12-31 | CN¥5.17 Billion | +1.42% |
| 2016-12-31 | CN¥5.10 Billion | +36.97% |
| 2015-12-31 | CN¥3.72 Billion | +24.18% |
| 2014-12-31 | CN¥3.00 Billion | +10.80% |
| 2013-12-31 | CN¥2.70 Billion | +3.76% |
| 2012-12-31 | CN¥2.61 Billion | +22.05% |
| 2011-12-31 | CN¥2.13 Billion | -- |