Xiamen Solex High-Tech Industries Co Ltd
Xiamen Solex High-tech Industries Co., Ltd. designs, manufactures, and sells kitchen and bathroom, beauty, and health personal care products in China and internationally. It offers showers, faucets, smart toilets; and beauty instruments and smart skin testers. The company was founded in 2004 and is based in Xiamen, China.
Xiamen Solex High-Tech Industries Co Ltd (603992) - Total Assets
Latest total assets as of September 2025: CN¥4.38 Billion CNY
Based on the latest financial reports, Xiamen Solex High-Tech Industries Co Ltd (603992) holds total assets worth CN¥4.38 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.
Xiamen Solex High-Tech Industries Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Xiamen Solex High-Tech Industries Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xiamen Solex High-Tech Industries Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xiamen Solex High-Tech Industries Co Ltd's total assets of CN¥4.38 Billion consist of 61.6% current assets and 38.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.5% |
| Accounts Receivable | CN¥610.24 Million | 14.0% |
| Inventory | CN¥289.66 Million | 6.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥265.26 Million | 6.1% |
| Goodwill | CN¥82.27 Million | 1.9% |
Asset Composition Trend (2015–2024)
This chart illustrates how Xiamen Solex High-Tech Industries 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: Xiamen Solex High-Tech Industries Co Ltd's current assets represent 61.6% of total assets in 2024, a decrease from 75.4% in 2015.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2024, down from 24.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 1.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 14.0% of total assets.
Xiamen Solex High-Tech Industries Co Ltd Competitors by Total Assets
Key competitors of Xiamen Solex High-Tech Industries Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Xiamen Solex High-Tech Industries 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 - Xiamen Solex High-Tech Industries Co Ltd generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Xiamen Solex High-Tech Industries Co Ltd generates $ 10.23 in net profit.
Xiamen Solex High-Tech Industries 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 | 3.18 | 3.38 | 2.45 |
| Quick Ratio | 2.68 | 2.95 | 2.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.77 Billion | CN¥ 1.79 Billion | CN¥ 1.03 Billion |
Xiamen Solex High-Tech Industries Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xiamen Solex High-Tech Industries 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 | 4.95 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | CN¥4.36 Billion |
| Market Capitalization | $340.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xiamen Solex High-Tech Industries Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xiamen Solex High-Tech Industries Co Ltd's assets grew by 2.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xiamen Solex High-Tech Industries Co Ltd (2015–2024)
The table below shows the annual total assets of Xiamen Solex High-Tech Industries Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.36 Billion | +2.63% |
| 2023-12-31 | CN¥4.25 Billion | -3.73% |
| 2022-12-31 | CN¥4.42 Billion | +9.45% |
| 2021-12-31 | CN¥4.04 Billion | +48.29% |
| 2020-12-31 | CN¥2.72 Billion | +14.55% |
| 2019-12-31 | CN¥2.38 Billion | +48.38% |
| 2018-12-31 | CN¥1.60 Billion | +16.28% |
| 2017-12-31 | CN¥1.38 Billion | -19.94% |
| 2016-12-31 | CN¥1.72 Billion | +9.30% |
| 2015-12-31 | CN¥1.57 Billion | -- |