Qijing Machinery
Qijing Machinery Co., Ltd. researches and develops, produces, and sells electric tool parts in China. It offers home appliance parts, such as washing machine clutch parts, washing machine injection molding parts, drum washing machine spare parts, and dishwasher parts; auto parts including engine parts, gearbox parts, engineering machinery parts, etc., mainly used in automobile car engines, gearbo… Read more
Qijing Machinery (603677) - Total Assets
Latest total assets as of September 2025: CN¥2.25 Billion CNY
Based on the latest financial reports, Qijing Machinery (603677) holds total assets worth CN¥2.25 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.
Qijing Machinery - Total Assets Trend (2011–2024)
This chart illustrates how Qijing Machinery’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qijing Machinery - Asset Composition Analysis
Current Asset Composition (December 2024)
Qijing Machinery's total assets of CN¥2.25 Billion consist of 65.9% current assets and 34.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.1% |
| Accounts Receivable | CN¥676.37 Million | 29.9% |
| Inventory | CN¥430.97 Million | 19.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥93.35 Million | 4.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qijing Machinery'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: Qijing Machinery's current assets represent 65.9% of total assets in 2024, a decrease from 69.4% in 2011.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2024, up from 8.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 1.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 29.9% of total assets.
Qijing Machinery Competitors by Total Assets
Key competitors of Qijing Machinery based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Qijing Machinery - 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 - Qijing Machinery generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Qijing Machinery generates $ 2.98 in net profit.
Qijing Machinery - 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 | 2.14 | 1.58 | 2.40 |
| Quick Ratio | 1.49 | 1.17 | 1.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥780.25 Million | CN¥ 597.34 Million | CN¥ 662.46 Million |
Qijing Machinery - Advanced Valuation Insights
This section examines the relationship between Qijing Machinery'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 | 3.04 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | CN¥2.26 Billion |
| Market Capitalization | $116.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qijing Machinery's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Qijing Machinery's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Qijing Machinery (2011–2024)
The table below shows the annual total assets of Qijing Machinery from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.26 Billion | +5.43% |
| 2023-12-31 | CN¥2.14 Billion | +6.74% |
| 2022-12-31 | CN¥2.01 Billion | -2.28% |
| 2021-12-31 | CN¥2.06 Billion | +13.71% |
| 2020-12-31 | CN¥1.81 Billion | +1.87% |
| 2019-12-31 | CN¥1.77 Billion | -11.42% |
| 2018-12-31 | CN¥2.00 Billion | +43.84% |
| 2017-12-31 | CN¥1.39 Billion | +53.68% |
| 2016-12-31 | CN¥906.49 Million | +1.12% |
| 2015-12-31 | CN¥896.45 Million | +1.24% |
| 2014-12-31 | CN¥885.49 Million | +5.30% |
| 2013-12-31 | CN¥840.92 Million | -0.30% |
| 2012-12-31 | CN¥843.42 Million | -6.47% |
| 2011-12-31 | CN¥901.78 Million | -- |