Jiangsu Xinri E-Vehicle Co Ltd
Jiangsu Xinri E-Vehicle Co., Ltd. researches, develops, manufactures, and sells electric vehicles in China and internationally. The company offers MIKU, utility, high speed, moped, small size, bicycle, and E-car related products. It exports its products. The company was founded in 1999 and is based in Wuxi, China.
Jiangsu Xinri E-Vehicle Co Ltd (603787) - Total Assets
Latest total assets as of September 2025: CN¥4.02 Billion CNY
Based on the latest financial reports, Jiangsu Xinri E-Vehicle Co Ltd (603787) holds total assets worth CN¥4.02 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.
Jiangsu Xinri E-Vehicle Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Jiangsu Xinri E-Vehicle Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Xinri E-Vehicle Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Xinri E-Vehicle Co Ltd's total assets of CN¥4.02 Billion consist of 41.0% current assets and 59.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.5% |
| Accounts Receivable | CN¥434.28 Million | 13.6% |
| Inventory | CN¥184.36 Million | 5.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥334.34 Million | 10.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Jiangsu Xinri E-Vehicle 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: Jiangsu Xinri E-Vehicle Co Ltd's current assets represent 41.0% of total assets in 2024, a decrease from 57.7% in 2012.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, down from 43.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 11.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 13.6% of total assets.
Jiangsu Xinri E-Vehicle Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Xinri E-Vehicle Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
|
Facilities By ADF PLC
LSE:ADF
|
UK | GBX75.86 Million |
Jiangsu Xinri E-Vehicle 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
Strong asset utilization - Jiangsu Xinri E-Vehicle Co Ltd generates 1.10x 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, Jiangsu Xinri E-Vehicle Co Ltd generates $ 0.80 in net profit.
Jiangsu Xinri E-Vehicle 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 | 0.88 | 0.87 | 1.15 |
| Quick Ratio | 0.79 | 0.78 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-289.34 Million | CN¥ -261.77 Million | CN¥ 321.46 Million |
Jiangsu Xinri E-Vehicle Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Xinri E-Vehicle 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 | 1.96 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -11.4% |
| Total Assets | CN¥3.19 Billion |
| Market Capitalization | $150.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Xinri E-Vehicle Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiangsu Xinri E-Vehicle Co Ltd's assets decreased by 11.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiangsu Xinri E-Vehicle Co Ltd (2012–2024)
The table below shows the annual total assets of Jiangsu Xinri E-Vehicle Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.19 Billion | -11.44% |
| 2023-12-31 | CN¥3.60 Billion | +8.63% |
| 2022-12-31 | CN¥3.32 Billion | +17.53% |
| 2021-12-31 | CN¥2.82 Billion | -12.63% |
| 2020-12-31 | CN¥3.23 Billion | +77.45% |
| 2019-12-31 | CN¥1.82 Billion | -4.17% |
| 2018-12-31 | CN¥1.90 Billion | -0.63% |
| 2017-12-31 | CN¥1.91 Billion | +36.71% |
| 2016-12-31 | CN¥1.40 Billion | +11.76% |
| 2015-12-31 | CN¥1.25 Billion | -5.11% |
| 2014-12-31 | CN¥1.32 Billion | +8.72% |
| 2013-12-31 | CN¥1.21 Billion | +9.75% |
| 2012-12-31 | CN¥1.11 Billion | -- |