Jiangsu Lettall Electronic Co Ltd (603629) - Total Assets
Based on the latest financial reports, Jiangsu Lettall Electronic Co Ltd (603629) holds total assets worth CN¥5.82 Billion CNY (≈ $850.97 Million USD) as of June 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. See Jiangsu Lettall Electronic Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Jiangsu Lettall Electronic Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Jiangsu Lettall Electronic Co Ltd's total assets have evolved over time, based on quarterly financial data.
Jiangsu Lettall Electronic Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Lettall Electronic Co Ltd's total assets of CN¥5.82 Billion consist of 34.7% current assets and 65.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.2% |
| Accounts Receivable | CN¥1.00 Billion | 16.9% |
| Inventory | CN¥378.95 Million | 6.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥66.12 Million | 1.1% |
| Goodwill | CN¥33.85 Million | 0.6% |
Asset Composition Trend (2014–2024)
This chart illustrates how Jiangsu Lettall Electronic 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 Jiangsu Lettall Electronic Co Ltd (603629) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Lettall Electronic Co Ltd's current assets represent 34.7% of total assets in 2024, a decrease from 68.5% in 2014.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, down from 8.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 16.9% of total assets.
Jiangsu Lettall Electronic Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Lettall Electronic Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$107.91 Billion |
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
China | CN¥47.93 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
Taiwan | NT$527.56 Billion |
|
Shenzhen Sunway Communication
SHE:300136
|
China | CN¥13.57 Billion |
|
Shenzhen Everwin Precision Tech
SHE:300115
|
China | CN¥22.57 Billion |
|
TDG Holding Co Ltd
SHG:600330
|
China | CN¥11.61 Billion |
|
Guizhou Space Appliance Co Ltd
SHE:002025
|
China | CN¥12.10 Billion |
|
Poco Holding Co Ltd
SHE:300811
|
China | CN¥3.80 Billion |
Jiangsu Lettall Electronic 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 | 0.91 | 0.67 | 1.47 |
| Quick Ratio | 0.74 | 0.55 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-202.53 Million | CN¥-1.01 Billion | CN¥481.65 Million |
Jiangsu Lettall Electronic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Lettall Electronic 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 | 3.97 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | 63.3% |
| Total Assets | CN¥5.93 Billion |
| Market Capitalization | $5.54 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Jiangsu Lettall Electronic Co Ltd's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Jiangsu Lettall Electronic Co Ltd's assets grew by 63.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangsu Lettall Electronic Co Ltd (2014–2024)
The table below shows the annual total assets of Jiangsu Lettall Electronic Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.93 Billion ≈ $868.11 Million |
+63.26% |
| 2023-12-31 | CN¥3.63 Billion ≈ $531.74 Million |
+26.30% |
| 2022-12-31 | CN¥2.88 Billion ≈ $421.03 Million |
-8.27% |
| 2021-12-31 | CN¥3.14 Billion ≈ $459.00 Million |
+42.84% |
| 2020-12-31 | CN¥2.20 Billion ≈ $321.33 Million |
+9.91% |
| 2019-12-31 | CN¥2.00 Billion ≈ $292.36 Million |
+3.73% |
| 2018-12-31 | CN¥1.93 Billion ≈ $281.84 Million |
+30.53% |
| 2017-12-31 | CN¥1.48 Billion ≈ $215.92 Million |
+20.02% |
| 2016-12-31 | CN¥1.23 Billion ≈ $179.90 Million |
+40.54% |
| 2015-12-31 | CN¥874.74 Million ≈ $128.00 Million |
+37.18% |
| 2014-12-31 | CN¥637.65 Million ≈ $93.31 Million |
-- |
About Jiangsu Lettall Electronic Co Ltd
Jiangsu Lettall Electronic Co.,Ltd is involved in the design, manufacture, and sales of precision metal structural parts, appearance parts, and electronic components for liquid crystal displays in China and internationally. The company offers LCD TV precision metal stamping structural parts, precision metal face frames, bases, molds, and other electronic components. The company was founded in 198… Read more