Flying Technology Co Ltd
Flying Technology Co., Ltd. engages in the research and development, production, and sale of elevator door systems, elevator integrated control systems, elevator cars, and door system supporting components in China. The company offers universal digital air combat simulation system for aviation combat training. It serves passenger elevators, freight elevators, special elevators, etc. The company w… Read more
Flying Technology Co Ltd (603488) - Total Assets
Latest total assets as of September 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Flying Technology Co Ltd (603488) holds total assets worth CN¥1.52 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.
Flying Technology Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Flying Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flying Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Flying Technology Co Ltd's total assets of CN¥1.52 Billion consist of 59.1% current assets and 40.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.0% |
| Accounts Receivable | CN¥348.04 Million | 21.7% |
| Inventory | CN¥170.10 Million | 10.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥83.57 Million | 5.2% |
| Goodwill | CN¥271.27 Million | 16.9% |
Asset Composition Trend (2012–2024)
This chart illustrates how Flying 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flying Technology Co Ltd's current assets represent 59.1% of total assets in 2024, a decrease from 86.3% in 2012.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, down from 41.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 11.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% of total assets.
Flying Technology Co Ltd Competitors by Total Assets
Key competitors of Flying Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Flying Technology 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
Lower asset utilization - Flying Technology Co Ltd generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Flying Technology Co Ltd generates $ 0.62 in net profit.
Flying 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 | 2.12 | 2.86 | 5.97 |
| Quick Ratio | 1.52 | 2.29 | 5.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥443.10 Million | CN¥ 572.02 Million | CN¥ 755.97 Million |
Flying Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Flying 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 | 3.10 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 31.4% |
| Total Assets | CN¥1.60 Billion |
| Market Capitalization | $234.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Flying Technology Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Flying Technology Co Ltd's assets grew by 31.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flying Technology Co Ltd (2012–2024)
The table below shows the annual total assets of Flying Technology Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.60 Billion | +31.44% |
| 2023-12-31 | CN¥1.22 Billion | +2.38% |
| 2022-12-31 | CN¥1.19 Billion | +2.41% |
| 2021-12-31 | CN¥1.16 Billion | +6.93% |
| 2020-12-31 | CN¥1.09 Billion | +9.02% |
| 2019-12-31 | CN¥998.43 Million | +6.80% |
| 2018-12-31 | CN¥934.82 Million | +5.57% |
| 2017-12-31 | CN¥885.51 Million | +81.56% |
| 2016-12-31 | CN¥487.73 Million | +6.63% |
| 2015-12-31 | CN¥457.42 Million | +8.04% |
| 2014-12-31 | CN¥423.38 Million | +17.05% |
| 2013-12-31 | CN¥361.72 Million | +29.47% |
| 2012-12-31 | CN¥279.38 Million | -- |