Zhejiang Noblelift Equip
Noblelift Intelligent Equipment Co.,Ltd. engages in the intelligent manufacturing equipment and smart logistics system businesses in China and internationally. The company offers automated three-dimensional warehousing, automated conveying and sorting, unmanned handling robots and, and automated logistics software systems, as well as logistics system integration solutions, enabling customers to a… Read more
Zhejiang Noblelift Equip (603611) - Total Assets
Latest total assets as of September 2025: CN¥9.51 Billion CNY
Based on the latest financial reports, Zhejiang Noblelift Equip (603611) holds total assets worth CN¥9.51 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.
Zhejiang Noblelift Equip - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Noblelift Equip’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Noblelift Equip - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Noblelift Equip's total assets of CN¥9.51 Billion consist of 75.6% current assets and 24.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.2% |
| Accounts Receivable | CN¥2.08 Billion | 23.5% |
| Inventory | CN¥2.91 Billion | 32.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥444.07 Million | 5.0% |
| Goodwill | CN¥586.49 Million | 6.7% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Noblelift Equip'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: Zhejiang Noblelift Equip's current assets represent 75.6% of total assets in 2024, an increase from 63.4% in 2011.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2024, down from 26.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 4.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 32.9% of total assets.
Zhejiang Noblelift Equip Competitors by Total Assets
Key competitors of Zhejiang Noblelift Equip based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zoomlion Heavy Industry Science and Technology Co Ltd
SHE:000157
|
China | CN¥129.23 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Zhejiang Noblelift Equip - 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 - Zhejiang Noblelift Equip generates 0.79x 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, Zhejiang Noblelift Equip generates $5.23 in net profit.
Zhejiang Noblelift Equip - 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 | 1.25 | 1.24 | 1.21 |
| Quick Ratio | 0.80 | 0.66 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.38 Billion | CN¥ 1.32 Billion | CN¥ 695.18 Million |
Zhejiang Noblelift Equip - Advanced Valuation Insights
This section examines the relationship between Zhejiang Noblelift Equip'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 | 1.97 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | CN¥8.83 Billion |
| Market Capitalization | $457.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Noblelift Equip's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Noblelift Equip's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Noblelift Equip (2011–2024)
The table below shows the annual total assets of Zhejiang Noblelift Equip from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.83 Billion | -3.00% |
| 2023-12-31 | CN¥9.10 Billion | +1.05% |
| 2022-12-31 | CN¥9.00 Billion | +17.84% |
| 2021-12-31 | CN¥7.64 Billion | +35.06% |
| 2020-12-31 | CN¥5.66 Billion | +11.92% |
| 2019-12-31 | CN¥5.06 Billion | +42.96% |
| 2018-12-31 | CN¥3.54 Billion | +19.30% |
| 2017-12-31 | CN¥2.96 Billion | +19.58% |
| 2016-12-31 | CN¥2.48 Billion | +88.41% |
| 2015-12-31 | CN¥1.32 Billion | +43.57% |
| 2014-12-31 | CN¥916.34 Million | -0.58% |
| 2013-12-31 | CN¥921.65 Million | +19.58% |
| 2012-12-31 | CN¥770.77 Million | -7.15% |
| 2011-12-31 | CN¥830.12 Million | -- |