Hexing Electrical Co Ltd (603556) - Total Assets

Latest as of March 2026: CN¥9.96 Billion CNY ≈ $1.46 Billion USD

Based on the latest financial reports, Hexing Electrical Co Ltd (603556) holds total assets worth CN¥9.96 Billion CNY (≈ $1.46 Billion USD) as of March 2026. 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. Explore 603556 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Hexing Electrical Co Ltd - Total Assets Trend (2011–2025)

This chart illustrates how Hexing Electrical Co Ltd's total assets have evolved over time, based on quarterly financial data. See Hexing Electrical Co Ltd (603556) net assets for net asset value and shareholders' equity analysis.

Hexing Electrical Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Hexing Electrical Co Ltd's total assets of CN¥9.96 Billion consist of 67.1% current assets and 32.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 21.7%
Accounts Receivable CN¥1.34 Billion 13.5%
Inventory CN¥1.29 Billion 13.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥238.31 Million 2.4%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2011–2025)

This chart illustrates how Hexing Electrical 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 how much is Hexing Electrical Co Ltd worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Hexing Electrical Co Ltd's current assets represent 67.1% of total assets in 2025, a decrease from 82.2% in 2011.
  • Cash Position: Cash and equivalents constituted 21.7% of total assets in 2025, down from 48.4% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 5.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 13.5% of total assets.

Hexing Electrical Co Ltd Competitors by Total Assets

Key competitors of Hexing Electrical Co Ltd based on total assets are shown below.

Company Country Total Assets
WEG S.A.
SA:WEGE3
Brazil R$43.38 Billion
Nantong Jianghai Capacitor Co Ltd
SHE:002484
China CN¥8.78 Billion
China XD Electric Co Ltd
SHG:601179
China CN¥48.15 Billion
XJ Electric Co Ltd
SHE:000400
China CN¥25.80 Billion
Xiamen Kehua Hengsheng
SHE:002335
China CN¥13.73 Billion
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
China CN¥22.70 Billion
Nuode Investment Co Ltd
SHG:600110
China CN¥21.10 Billion
T1 Energy Inc.
NYSE:TE
USA $1.40 Billion

Hexing Electrical 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 2.74 2.64 3.81
Quick Ratio 2.10 2.16 3.35
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥4.21 Billion CN¥3.47 Billion CN¥4.33 Billion

Hexing Electrical Co Ltd - Advanced Valuation Insights

This section examines the relationship between Hexing Electrical 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 1.90
Latest Market Cap to Assets Ratio 0.16
Asset Growth Rate (YoY) 4.8%
Total Assets CN¥9.94 Billion
Market Capitalization $1.59 Billion USD

Valuation Analysis

Below Book Valuation: The market values Hexing Electrical Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Hexing Electrical Co Ltd's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Hexing Electrical Co Ltd (2011–2025)

The table below shows the annual total assets of Hexing Electrical Co Ltd from 2011 to 2025.

Year Total Assets Change
2025-12-31 CN¥9.94 Billion
≈ $1.45 Billion
+4.83%
2024-12-31 CN¥9.48 Billion
≈ $1.39 Billion
+4.44%
2023-12-31 CN¥9.08 Billion
≈ $1.33 Billion
+12.80%
2022-12-31 CN¥8.05 Billion
≈ $1.18 Billion
+11.62%
2021-12-31 CN¥7.21 Billion
≈ $1.05 Billion
+1.98%
2020-12-31 CN¥7.07 Billion
≈ $1.03 Billion
+4.17%
2019-12-31 CN¥6.79 Billion
≈ $992.98 Million
+5.88%
2018-12-31 CN¥6.41 Billion
≈ $937.83 Million
-0.69%
2017-12-31 CN¥6.45 Billion
≈ $944.37 Million
+22.39%
2016-12-31 CN¥5.27 Billion
≈ $771.58 Million
+121.44%
2015-12-31 CN¥2.38 Billion
≈ $348.44 Million
+10.24%
2014-12-31 CN¥2.16 Billion
≈ $316.07 Million
+38.59%
2013-12-31 CN¥1.56 Billion
≈ $228.07 Million
+18.86%
2012-12-31 CN¥1.31 Billion
≈ $191.88 Million
+27.82%
2011-12-31 CN¥1.03 Billion
≈ $150.12 Million
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About Hexing Electrical Co Ltd

SHG:603556 China Electrical Equipment & Parts
Market Cap
$1.59 Billion
CN¥10.88 Billion CNY
Market Cap Rank
#6847 Global
#1362 in China
Share Price
CN¥22.38
Change (1 day)
-4.40%
52-Week Range
CN¥20.82 - CN¥42.76
All Time High
CN¥53.60
About

Hexing Electrical Co.,Ltd. provides electrical equipment and related solutions to power utilities in China and internationally. The company offers cluster metering cabinet; string inverters; IEC and ANSI meters; communication modules; fault circuit indicators and DCU products; recloser and pole switches; ring main units; RMU enclosures; and cable junction boxes. It also provides various solutions… Read more