Ningbo Jifeng Auto Parts Co (603997) - Total Assets
Based on the latest financial reports, Ningbo Jifeng Auto Parts Co (603997) holds total assets worth CN¥22.22 Billion CNY (≈ $3.25 Billion 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. Check Ningbo Jifeng Auto Parts Co (603997) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Ningbo Jifeng Auto Parts Co - Total Assets Trend (2011–2024)
This chart illustrates how Ningbo Jifeng Auto Parts Co's total assets have evolved over time, based on quarterly financial data. Explore Ningbo Jifeng Auto Parts Co (603997) long-term investment share to see how much of total assets are deployed in long-term investments.
Ningbo Jifeng Auto Parts Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Jifeng Auto Parts Co's total assets of CN¥22.22 Billion consist of 51.0% current assets and 49.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.9% |
| Accounts Receivable | CN¥5.53 Billion | 27.3% |
| Inventory | CN¥1.64 Billion | 8.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.23 Billion | 6.1% |
| Goodwill | CN¥1.58 Billion | 7.8% |
Asset Composition Trend (2011–2024)
This chart illustrates how Ningbo Jifeng Auto Parts Co'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. For live market cap, price, and company overview, see market value of Ningbo Jifeng Auto Parts Co.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Jifeng Auto Parts Co's current assets represent 51.0% of total assets in 2024, a decrease from 78.5% in 2011.
- Cash Position: Cash and equivalents constituted 10.9% of total assets in 2024, down from 27.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 3.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 27.3% of total assets.
Ningbo Jifeng Auto Parts Co Competitors by Total Assets
Key competitors of Ningbo Jifeng Auto Parts Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥18.64 Billion |
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
China | CN¥47.30 Billion |
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
China | CN¥18.44 Billion |
|
IKD Co Ltd Class A
SHG:600933
|
China | CN¥17.85 Billion |
|
Streamax Technology Co Ltd
SHE:002970
|
China | CN¥3.62 Billion |
|
Ningbo Xusheng Auto Technology Co Ltd
SHG:603305
|
China | CN¥12.64 Billion |
|
Camel Group Co Ltd
SHG:601311
|
China | CN¥15.59 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
Ningbo Jifeng Auto Parts Co - 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 | 1.18 | 1.08 | 0.97 |
| Quick Ratio | 0.99 | 0.90 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.75 Billion | CN¥766.46 Million | CN¥-198.04 Million |
Ningbo Jifeng Auto Parts Co - Advanced Valuation Insights
This section examines the relationship between Ningbo Jifeng Auto Parts Co'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 | 3.53 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 13.0% |
| Total Assets | CN¥20.28 Billion |
| Market Capitalization | $2.66 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Jifeng Auto Parts Co's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Jifeng Auto Parts Co's assets grew by 13.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Jifeng Auto Parts Co (2011–2024)
The table below shows the annual total assets of Ningbo Jifeng Auto Parts Co from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.28 Billion ≈ $2.97 Billion |
+12.99% |
| 2023-12-31 | CN¥17.95 Billion ≈ $2.63 Billion |
+16.17% |
| 2022-12-31 | CN¥15.45 Billion ≈ $2.26 Billion |
-4.66% |
| 2021-12-31 | CN¥16.21 Billion ≈ $2.37 Billion |
-6.45% |
| 2020-12-31 | CN¥17.33 Billion ≈ $2.54 Billion |
-1.36% |
| 2019-12-31 | CN¥17.57 Billion ≈ $2.57 Billion |
+593.28% |
| 2018-12-31 | CN¥2.53 Billion ≈ $370.76 Million |
+15.60% |
| 2017-12-31 | CN¥2.19 Billion ≈ $320.73 Million |
+13.36% |
| 2016-12-31 | CN¥1.93 Billion ≈ $282.94 Million |
+24.14% |
| 2015-12-31 | CN¥1.56 Billion ≈ $227.92 Million |
+45.69% |
| 2014-12-31 | CN¥1.07 Billion ≈ $156.43 Million |
+28.56% |
| 2013-12-31 | CN¥831.57 Million ≈ $121.69 Million |
+45.53% |
| 2012-12-31 | CN¥571.40 Million ≈ $83.61 Million |
+17.43% |
| 2011-12-31 | CN¥486.57 Million ≈ $71.20 Million |
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About Ningbo Jifeng Auto Parts Co
Ningbo Jifeng Auto Parts Co., Ltd. manufactures automotive interior parts in China and internationally. It offers seating headrests, armrests, console systems, operation systems, and thermoplastic solutions for passenger vehicles; and truck seats, off-road vehicle seating components, train and public bus seating, etc. for commercial vehicles. The company was founded in 1996 and is based in Ningbo… Read more