WG Tech JiangXi Co Ltd

SHG:603773 China Electronic Components
Market Cap
$1.26 Billion
CN¥9.22 Billion CNY
Market Cap Rank
#8071 Global
#1474 in China
Share Price
CN¥41.02
Change (1 day)
-2.10%
52-Week Range
CN¥20.35 - CN¥43.36
All Time High
CN¥55.50
About

WG TECH (Jiang Xi) Co., Ltd. provides glass-based circuit boards and related electronic devices in China. Its products include mini and micro-LED glass substrates, semiconductor advanced packaging substrates, CPO applications and RF devices, MIP carrier and direct display substrates, UTG ultra-thin flexible glasses, CPI transparent polyimides, and touch products. The company is involved in the FP… Read more

WG Tech JiangXi Co Ltd (603773) - Total Assets

Latest total assets as of September 2025: CN¥4.36 Billion CNY

Based on the latest financial reports, WG Tech JiangXi Co Ltd (603773) holds total assets worth CN¥4.36 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.

WG Tech JiangXi Co Ltd - Total Assets Trend (2013–2024)

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

WG Tech JiangXi Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

WG Tech JiangXi Co Ltd's total assets of CN¥4.36 Billion consist of 48.3% current assets and 51.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 17.3%
Accounts Receivable CN¥1.16 Billion 26.1%
Inventory CN¥122.87 Million 2.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥116.90 Million 2.6%
Goodwill CN¥190.45 Million 4.3%

Asset Composition Trend (2013–2024)

This chart illustrates how WG Tech JiangXi 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: WG Tech JiangXi Co Ltd's current assets represent 48.3% of total assets in 2024, an increase from 43.3% in 2013.
  • Cash Position: Cash and equivalents constituted 17.3% of total assets in 2024, up from 6.1% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 1.0% in 2013.
  • Asset Diversification: The largest asset category is accounts receivable at 26.1% of total assets.

WG Tech JiangXi Co Ltd Competitors by Total Assets

Key competitors of WG Tech JiangXi Co Ltd based on total assets are shown below.

WG Tech JiangXi 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: 0.29 - 0.64

Moderate asset utilization - WG Tech JiangXi Co Ltd generates 0.50x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -10.19% - 20.39%

Negative ROA - WG Tech JiangXi Co Ltd is currently not profitable relative to its asset base.

WG Tech JiangXi 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 1.01 1.13 2.07
Quick Ratio 0.93 1.07 2.02
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥23.37 Million CN¥ 254.02 Million CN¥ 415.04 Million

WG Tech JiangXi Co Ltd - Advanced Valuation Insights

This section examines the relationship between WG Tech JiangXi 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 6.93
Latest Market Cap to Assets Ratio 0.19
Asset Growth Rate (YoY) 16.2%
Total Assets CN¥4.43 Billion
Market Capitalization $831.28 Million USD

Valuation Analysis

Below Book Valuation: The market values WG Tech JiangXi Co Ltd's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: WG Tech JiangXi Co Ltd's assets grew by 16.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for WG Tech JiangXi Co Ltd (2013–2024)

The table below shows the annual total assets of WG Tech JiangXi Co Ltd from 2013 to 2024.

Year Total Assets Change
2024-12-31 CN¥4.43 Billion +16.21%
2023-12-31 CN¥3.82 Billion +18.49%
2022-12-31 CN¥3.22 Billion +23.60%
2021-12-31 CN¥2.61 Billion +29.46%
2020-12-31 CN¥2.01 Billion +11.23%
2019-12-31 CN¥1.81 Billion +0.67%
2018-12-31 CN¥1.80 Billion +76.44%
2017-12-31 CN¥1.02 Billion +25.04%
2016-12-31 CN¥814.65 Million +28.20%
2015-12-31 CN¥635.45 Million +66.84%
2014-12-31 CN¥380.87 Million +56.49%
2013-12-31 CN¥243.38 Million --