Henan Thinker Automation
Henan Thinker Automatic Equipment Co.,Ltd. engages in the research and development, manufacture, and sale of train operation control systems in China. It offers in-vehicle solutions, such as train operation control, locomotive onboard safety protection, locomotive remote monitoring and diagnosis, and train operation status information systems. The company also provides ground solutions, including… Read more
Henan Thinker Automation (603508) - Total Assets
Latest total assets as of September 2025: CN¥4.29 Billion CNY
Based on the latest financial reports, Henan Thinker Automation (603508) holds total assets worth CN¥4.29 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.
Henan Thinker Automation - Total Assets Trend (2011–2024)
This chart illustrates how Henan Thinker Automation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Henan Thinker Automation - Asset Composition Analysis
Current Asset Composition (December 2024)
Henan Thinker Automation's total assets of CN¥4.29 Billion consist of 61.2% current assets and 38.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 31.7% |
| Accounts Receivable | CN¥1.13 Billion | 21.6% |
| Inventory | CN¥402.10 Million | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥56.19 Million | 1.1% |
| Goodwill | CN¥1.39 Billion | 26.5% |
Asset Composition Trend (2011–2024)
This chart illustrates how Henan Thinker Automation'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: Henan Thinker Automation's current assets represent 61.2% of total assets in 2024, a decrease from 84.2% in 2011.
- Cash Position: Cash and equivalents constituted 31.7% of total assets in 2024, up from 21.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, an increase from 2.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 26.5% of total assets.
Henan Thinker Automation Competitors by Total Assets
Key competitors of Henan Thinker Automation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Henan Thinker Automation - 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 - Henan Thinker Automation generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Henan Thinker Automation generates $ 10.45 in net profit.
Henan Thinker Automation - 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 | 7.64 | 11.72 | 5.58 |
| Quick Ratio | 6.11 | 10.19 | 4.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.98 Billion | CN¥ 2.70 Billion | CN¥ 1.91 Billion |
Henan Thinker Automation - Advanced Valuation Insights
This section examines the relationship between Henan Thinker Automation'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 | 2.57 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | CN¥5.25 Billion |
| Market Capitalization | $538.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Henan Thinker Automation's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Henan Thinker Automation's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Henan Thinker Automation (2011–2024)
The table below shows the annual total assets of Henan Thinker Automation from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.25 Billion | +4.05% |
| 2023-12-31 | CN¥5.04 Billion | +5.14% |
| 2022-12-31 | CN¥4.80 Billion | +3.58% |
| 2021-12-31 | CN¥4.63 Billion | +6.62% |
| 2020-12-31 | CN¥4.34 Billion | -12.69% |
| 2019-12-31 | CN¥4.97 Billion | +73.49% |
| 2018-12-31 | CN¥2.87 Billion | +3.72% |
| 2017-12-31 | CN¥2.76 Billion | +3.74% |
| 2016-12-31 | CN¥2.66 Billion | +4.71% |
| 2015-12-31 | CN¥2.54 Billion | +169.95% |
| 2014-12-31 | CN¥942.43 Million | +37.63% |
| 2013-12-31 | CN¥684.76 Million | +47.26% |
| 2012-12-31 | CN¥464.99 Million | +10.10% |
| 2011-12-31 | CN¥422.34 Million | -- |