Neway Valve suzhou Co Ltd

SHG:603699 China Specialty Industrial Machinery
Market Cap
$6.33 Billion
CN¥46.45 Billion CNY
Market Cap Rank
#3962 Global
#362 in China
Share Price
CN¥59.92
Change (1 day)
-3.32%
52-Week Range
CN¥22.48 - CN¥62.07
All Time High
CN¥62.07
About

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, and sells industrial valves in the People's Republic of China and internationally. The company provides gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, double ball, and other type ball valve; and butterfly val… Read more

Neway Valve suzhou Co Ltd (603699) - Total Assets

Latest total assets as of September 2025: CN¥10.21 Billion CNY

Based on the latest financial reports, Neway Valve suzhou Co Ltd (603699) holds total assets worth CN¥10.21 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.

Neway Valve suzhou Co Ltd - Total Assets Trend (2009–2024)

This chart illustrates how Neway Valve suzhou Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Neway Valve suzhou Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Neway Valve suzhou Co Ltd's total assets of CN¥10.21 Billion consist of 81.7% current assets and 18.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 16.5%
Accounts Receivable CN¥2.71 Billion 31.2%
Inventory CN¥2.47 Billion 28.4%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥152.76 Million 1.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2009–2024)

This chart illustrates how Neway Valve suzhou 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Neway Valve suzhou Co Ltd's current assets represent 81.7% of total assets in 2024, an increase from 69.2% in 2009.
  • Cash Position: Cash and equivalents constituted 16.5% of total assets in 2024, up from 15.3% in 2009.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2009.
  • Asset Diversification: The largest asset category is accounts receivable at 31.2% of total assets.

Neway Valve suzhou Co Ltd Competitors by Total Assets

Key competitors of Neway Valve suzhou Co Ltd based on total assets are shown below.

Company Country Total Assets
Hanil Vacuum Co. Ltd
KQ:123840
Korea ₩115.98 Billion
Ivisionworks Co.,Ltd.
KQ:469750
Korea ₩50.10 Billion
Huayi Compressor Co Ltd
SHE:000404
China CN¥15.16 Billion
Shenyang Machine Tool Co Ltd
SHE:000410
China CN¥9.63 Billion
North Industries Group Red Arrow Co Ltd
SHE:000519
China CN¥17.38 Billion
Changchai Co Ltd
SHE:000570
China CN¥5.30 Billion
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
China CN¥3.49 Billion
Baota Industry Co Ltd
SHE:000595
China CN¥9.54 Billion

Neway Valve suzhou Co Ltd - 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

Historical Range: 0.51 - 0.72

Strong asset utilization - Neway Valve suzhou Co Ltd generates 0.72x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.95% - 13.27%

Excellent ROA - For every $100 in assets, Neway Valve suzhou Co Ltd generates $ 13.27 in net profit.

Neway Valve suzhou 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 1.46 1.60 1.59
Quick Ratio 0.99 1.00 0.96
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥2.69 Billion CN¥ 2.41 Billion CN¥ 1.39 Billion

Neway Valve suzhou Co Ltd - Advanced Valuation Insights

This section examines the relationship between Neway Valve suzhou 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 10.21
Latest Market Cap to Assets Ratio 0.34
Asset Growth Rate (YoY) 10.6%
Total Assets CN¥8.71 Billion
Market Capitalization $2.99 Billion USD

Valuation Analysis

Below Book Valuation: The market values Neway Valve suzhou Co Ltd's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Neway Valve suzhou Co Ltd's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Neway Valve suzhou Co Ltd (2009–2024)

The table below shows the annual total assets of Neway Valve suzhou Co Ltd from 2009 to 2024.

Year Total Assets Change
2024-12-31 CN¥8.71 Billion +10.57%
2023-12-31 CN¥7.88 Billion +13.03%
2022-12-31 CN¥6.97 Billion +17.99%
2021-12-31 CN¥5.91 Billion +10.44%
2020-12-31 CN¥5.35 Billion +7.82%
2019-12-31 CN¥4.96 Billion -0.33%
2018-12-31 CN¥4.98 Billion +17.78%
2017-12-31 CN¥4.23 Billion +4.55%
2016-12-31 CN¥4.04 Billion +2.03%
2015-12-31 CN¥3.96 Billion -2.81%
2014-12-31 CN¥4.08 Billion +39.04%
2013-12-31 CN¥2.93 Billion +6.90%
2012-12-31 CN¥2.74 Billion +12.56%
2011-12-31 CN¥2.44 Billion +36.54%
2010-12-31 CN¥1.78 Billion +7.71%
2009-12-31 CN¥1.66 Billion --