Zhejiang Noblelift Equip (603611) - Total Assets
Based on the latest financial reports, Zhejiang Noblelift Equip (603611) holds total assets worth CN¥9.51 Billion CNY (≈ $1.39 Billion USD) 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. Check 603611 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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 Zhejiang Noblelift Equip long-term investment intensity to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see 603611 stock market capitalisation.
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 |
|---|---|---|
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥82.82 Billion |
|
HBIS Resources Co Ltd
SHE:000923
|
China | CN¥17.92 Billion |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
China | CN¥2.38 Billion |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
Germany | €2.99 Billion |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
|
IMDEX Ltd
AU:IMD
|
Australia | AU$830.15 Million |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
China | CN¥17.05 Billion |
|
Austin Engineering Ltd
AU:ANG
|
Australia | AU$273.50 Million |
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 | 0.07 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | CN¥8.83 Billion |
| Market Capitalization | $650.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Noblelift Equip's assets below their book value (0.07x), 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 ≈ $1.29 Billion |
-3.00% |
| 2023-12-31 | CN¥9.10 Billion ≈ $1.33 Billion |
+1.05% |
| 2022-12-31 | CN¥9.00 Billion ≈ $1.32 Billion |
+17.84% |
| 2021-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
+35.06% |
| 2020-12-31 | CN¥5.66 Billion ≈ $827.90 Million |
+11.92% |
| 2019-12-31 | CN¥5.06 Billion ≈ $739.75 Million |
+42.96% |
| 2018-12-31 | CN¥3.54 Billion ≈ $517.45 Million |
+19.30% |
| 2017-12-31 | CN¥2.96 Billion ≈ $433.75 Million |
+19.58% |
| 2016-12-31 | CN¥2.48 Billion ≈ $362.73 Million |
+88.41% |
| 2015-12-31 | CN¥1.32 Billion ≈ $192.52 Million |
+43.57% |
| 2014-12-31 | CN¥916.34 Million ≈ $134.09 Million |
-0.58% |
| 2013-12-31 | CN¥921.65 Million ≈ $134.87 Million |
+19.58% |
| 2012-12-31 | CN¥770.77 Million ≈ $112.79 Million |
-7.15% |
| 2011-12-31 | CN¥830.12 Million ≈ $121.47 Million |
-- |
About 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