Qijing Machinery (603677) - Total Assets
Based on the latest financial reports, Qijing Machinery (603677) holds total assets worth CN¥2.11 Billion CNY (≈ $308.22 Million 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 Qijing Machinery debt service capacity to assess how comfortably operating cash covers total debt obligations.
Qijing Machinery - Total Assets Trend (2011–2025)
This chart illustrates how Qijing Machinery's total assets have evolved over time, based on quarterly financial data. See Qijing Machinery shareholders equity for net asset value and shareholders' equity analysis.
Qijing Machinery - Asset Composition Analysis
Current Asset Composition (December 2025)
Qijing Machinery's total assets of CN¥2.11 Billion consist of 64.4% current assets and 35.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.4% |
| Accounts Receivable | CN¥718.14 Million | 32.1% |
| Inventory | CN¥435.72 Million | 19.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥92.23 Million | 4.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2025)
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. For live market cap, price, and company overview, see 603677 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qijing Machinery's current assets represent 64.4% of total assets in 2025, a decrease from 69.4% in 2011.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2025, 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 32.1% 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 |
|---|---|---|
|
Solid Power Inc
NASDAQ:SLDP
|
USA | $554.73 Million |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
China | CN¥6.78 Billion |
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥14.01 Billion |
|
Autel Intelligent Technology Corp Ltd
SHG:688208
|
China | CN¥7.19 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
China | CN¥47.30 Billion |
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 | 2.03 | 1.76 | 2.30 |
| Quick Ratio | 1.34 | 1.25 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥672.86 Million | CN¥623.06 Million | CN¥692.92 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 | 2.69 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | CN¥2.23 Billion |
| Market Capitalization | $375.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qijing Machinery's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Qijing Machinery's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Qijing Machinery (2011–2025)
The table below shows the annual total assets of Qijing Machinery from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.23 Billion ≈ $327.00 Million |
-1.17% |
| 2024-12-31 | CN¥2.26 Billion ≈ $330.87 Million |
+5.43% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.82 Million |
+6.74% |
| 2022-12-31 | CN¥2.01 Billion ≈ $294.00 Million |
-2.28% |
| 2021-12-31 | CN¥2.06 Billion ≈ $300.85 Million |
+13.71% |
| 2020-12-31 | CN¥1.81 Billion ≈ $264.58 Million |
+1.87% |
| 2019-12-31 | CN¥1.77 Billion ≈ $259.73 Million |
-11.42% |
| 2018-12-31 | CN¥2.00 Billion ≈ $293.23 Million |
+43.84% |
| 2017-12-31 | CN¥1.39 Billion ≈ $203.85 Million |
+53.68% |
| 2016-12-31 | CN¥906.49 Million ≈ $132.65 Million |
+1.12% |
| 2015-12-31 | CN¥896.45 Million ≈ $131.18 Million |
+1.24% |
| 2014-12-31 | CN¥885.49 Million ≈ $129.57 Million |
+5.30% |
| 2013-12-31 | CN¥840.92 Million ≈ $123.05 Million |
-0.30% |
| 2012-12-31 | CN¥843.42 Million ≈ $123.42 Million |
-6.47% |
| 2011-12-31 | CN¥901.78 Million ≈ $131.96 Million |
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About 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, automo… Read more