Hefei Changqing Machinery Co Ltd
Changqing Machinery Company Limited produces and sells stamping and welding parts for automobile parts primarily in China. The company offers powertrain, chassis, and body products and accessories; and electronic appliances, molds, and general parts. Its products are used in passenger cars, commercial vehicles, and other vehicles. Changqing Machinery Company Limited was founded in 2004 and is bas… Read more
Hefei Changqing Machinery Co Ltd (603768) - Total Assets
Latest total assets as of September 2025: CN¥6.26 Billion CNY
Based on the latest financial reports, Hefei Changqing Machinery Co Ltd (603768) holds total assets worth CN¥6.26 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.
Hefei Changqing Machinery Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Hefei Changqing Machinery Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hefei Changqing Machinery Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hefei Changqing Machinery Co Ltd's total assets of CN¥6.26 Billion consist of 42.7% current assets and 57.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.0% |
| Accounts Receivable | CN¥1.03 Billion | 17.6% |
| Inventory | CN¥495.73 Million | 8.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥373.99 Million | 6.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Hefei Changqing Machinery 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: Hefei Changqing Machinery Co Ltd's current assets represent 42.7% of total assets in 2024, a decrease from 44.4% in 2012.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2024, up from 1.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 9.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 17.6% of total assets.
Hefei Changqing Machinery Co Ltd Competitors by Total Assets
Key competitors of Hefei Changqing Machinery Co Ltd 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 |
Hefei Changqing Machinery 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
Moderate asset utilization - Hefei Changqing Machinery Co Ltd generates 0.58x 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, Hefei Changqing Machinery Co Ltd generates $ 1.16 in net profit.
Hefei Changqing Machinery 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 | 0.91 | 1.01 | 1.04 |
| Quick Ratio | 0.74 | 0.82 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-268.88 Million | CN¥ 27.63 Million | CN¥ 68.56 Million |
Hefei Changqing Machinery Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hefei Changqing Machinery 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 | 1.18 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 19.7% |
| Total Assets | CN¥5.87 Billion |
| Market Capitalization | $148.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hefei Changqing Machinery Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hefei Changqing Machinery Co Ltd's assets grew by 19.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hefei Changqing Machinery Co Ltd (2012–2024)
The table below shows the annual total assets of Hefei Changqing Machinery Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.87 Billion | +19.65% |
| 2023-12-31 | CN¥4.90 Billion | +16.74% |
| 2022-12-31 | CN¥4.20 Billion | +8.78% |
| 2021-12-31 | CN¥3.86 Billion | +6.52% |
| 2020-12-31 | CN¥3.62 Billion | -1.55% |
| 2019-12-31 | CN¥3.68 Billion | +25.93% |
| 2018-12-31 | CN¥2.92 Billion | +17.05% |
| 2017-12-31 | CN¥2.50 Billion | +62.94% |
| 2016-12-31 | CN¥1.53 Billion | +27.35% |
| 2015-12-31 | CN¥1.20 Billion | +5.27% |
| 2014-12-31 | CN¥1.14 Billion | -4.01% |
| 2013-12-31 | CN¥1.19 Billion | +34.27% |
| 2012-12-31 | CN¥887.24 Million | -- |