Ningbo Water Meter Co Ltd Total Assets
Ningbo Water Meter Co Ltd total assets. Based on the latest financial reports, Ningbo Water Meter Co Ltd (603700) holds total assets worth CN¥2.40 Billion CNY (≈ $350.53 Million USD) 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. Also see market value of Ningbo Water Meter Co Ltd for the company's overall valuation and market capitalisation.
Total Assets of Ningbo Water Meter Co Ltd (2013–2024)
Total assets of Ningbo Water Meter Co Ltd from 2013 to 2024. This chart illustrates how Ningbo Water Meter Co Ltd's total assets have evolved over time, based on quarterly financial data. See latest Ningbo Water Meter Co Ltd stock price today for real-time trading data and today's change.
Ningbo Water Meter Co Ltd - Asset Composition Analysis
Ningbo Water Meter Co Ltd Total Assets Breakdown (December 2024)
Ningbo Water Meter Co Ltd total assets breakdown as of December 2024. Ningbo Water Meter Co Ltd's total assets of CN¥2.40 Billion consist of 69.2% current assets and 30.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.3% |
| Accounts Receivable | CN¥846.52 Million | 37.2% |
| Inventory | CN¥375.89 Million | 16.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥42.22 Million | 1.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Ningbo Water Meter 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. Explore working capital to net assets of Ningbo Water Meter Co Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Water Meter Co Ltd's current assets represent 69.2% of total assets in 2024, an increase from 66.4% in 2013.
- Cash Position: Cash and equivalents constituted 15.3% of total assets in 2024, up from 7.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 37.2% of total assets.
Ningbo Water Meter Co Ltd Competitors by Total Assets
Key competitors of Ningbo Water Meter Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥121.86 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
China | CN¥14.12 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
China | CN¥9.85 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
Korea | ₩1.34 Trillion |
Ningbo Water Meter 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 | 2.27 | 2.47 | 3.05 |
| Quick Ratio | 1.61 | 1.80 | 2.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥947.22 Million | CN¥911.26 Million | CN¥1.22 Billion |
Ningbo Water Meter Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Water Meter 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 | 1.69 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 0.1% |
| Total Assets | CN¥2.28 Billion |
| Market Capitalization | $307.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Water Meter Co Ltd's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Water Meter Co Ltd's assets grew by 0.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Water Meter Co Ltd (2013–2024)
The table below shows the annual total assets of Ningbo Water Meter Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.28 Billion ≈ $333.41 Million |
+0.12% |
| 2023-12-31 | CN¥2.28 Billion ≈ $333.00 Million |
-3.18% |
| 2022-12-31 | CN¥2.35 Billion ≈ $343.94 Million |
+5.83% |
| 2021-12-31 | CN¥2.22 Billion ≈ $325.00 Million |
+7.82% |
| 2020-12-31 | CN¥2.06 Billion ≈ $301.43 Million |
+21.14% |
| 2019-12-31 | CN¥1.70 Billion ≈ $248.84 Million |
+106.23% |
| 2018-12-31 | CN¥824.58 Million ≈ $120.66 Million |
+19.71% |
| 2017-12-31 | CN¥688.83 Million ≈ $100.80 Million |
+11.90% |
| 2016-12-31 | CN¥615.58 Million ≈ $90.08 Million |
+27.24% |
| 2015-12-31 | CN¥483.80 Million ≈ $70.80 Million |
+8.75% |
| 2014-12-31 | CN¥444.86 Million ≈ $65.10 Million |
+5.61% |
| 2013-12-31 | CN¥421.23 Million ≈ $61.64 Million |
-- |
About Ningbo Water Meter Co Ltd
Ningbo Water Meter (Group) Co.,Ltd. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, irrigation, compound, batch control, and ultrasonic water meters; heat meter, electromagnetic flowmeter, and oscillating meter; and test bench products and water meter boxes, as well as spare parts for water meters. It a… Read more