Qijing Machinery Total Assets
Qijing Machinery 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. Also see 603677 market cap for the company's overall valuation and market capitalisation.
Total Assets of Qijing Machinery (2011–2025)
Total assets of Qijing Machinery from 2011 to 2025. This chart illustrates how Qijing Machinery's total assets have evolved over time, based on quarterly financial data. See 603677 stock price for real-time trading data and today's change.
Qijing Machinery - Asset Composition Analysis
Qijing Machinery Total Assets Breakdown (December 2025)
Qijing Machinery total assets breakdown as of 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. Explore Qijing Machinery (603677) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
CEAT Limited
NSE:CEATLTD
|
India | Rs139.02 Billion |
|
Triangle Tyre Co Ltd
SHG:601163
|
China | CN¥19.85 Billion |
|
Tianrun Crankshaft Co Ltd
SHE:002283
|
China | CN¥8.26 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 | 0.18 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | CN¥2.23 Billion |
| Market Capitalization | $394.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qijing Machinery's assets below their book value (0.18x), 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