Allied Machinery Co. Ltd. (605060) - Total Assets
Based on the latest financial reports, Allied Machinery Co. Ltd. (605060) holds total assets worth CN¥2.99 Billion CNY (≈ $437.15 Million USD) as of June 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 Allied Machinery Co. Ltd. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Allied Machinery Co. Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how Allied Machinery Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. Check Allied Machinery Co. Ltd. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Allied Machinery Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Allied Machinery Co. Ltd.'s total assets of CN¥2.99 Billion consist of 49.6% current assets and 50.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.1% |
| Accounts Receivable | CN¥302.36 Million | 10.6% |
| Inventory | CN¥249.76 Million | 8.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥223.06 Million | 7.8% |
| Goodwill | CN¥8.13 Million | 0.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Allied 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. For live market cap, price, and company overview, see 605060 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Allied Machinery Co. Ltd.'s current assets represent 49.6% of total assets in 2024, a decrease from 65.4% in 2016.
- Cash Position: Cash and equivalents constituted 27.1% of total assets in 2024, down from 36.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 10.6% of total assets.
Allied Machinery Co. Ltd. Competitors by Total Assets
Key competitors of Allied Machinery Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
F:VWSA
|
Germany | €26.71 Billion |
|
Farsoon Technology Co. Ltd. A
SHG:688433
|
China | CN¥2.50 Billion |
|
Sulzer AG
SW:SUN
|
Switzerland | CHF4.62 Billion |
|
Kunshan Kinglai Hygienic Materials Co Ltd
SHE:300260
|
China | CN¥5.45 Billion |
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥97.74 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
Guangzhou Haozhi Industrial Co Ltd
SHE:300503
|
China | CN¥3.07 Billion |
Allied 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 | 3.29 | 2.97 | 6.33 |
| Quick Ratio | 2.80 | 2.51 | 5.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.09 Billion | CN¥914.92 Million | CN¥540.30 Million |
Allied Machinery Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Allied 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 | 3.39 |
| Latest Market Cap to Assets Ratio | 0.60 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | CN¥2.86 Billion |
| Market Capitalization | $1.72 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Allied Machinery Co. Ltd.'s assets below their book value (0.60x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Allied Machinery Co. Ltd.'s assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Allied Machinery Co. Ltd. (2016–2024)
The table below shows the annual total assets of Allied Machinery Co. Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.86 Billion ≈ $417.78 Million |
+6.72% |
| 2023-12-31 | CN¥2.68 Billion ≈ $391.46 Million |
+1.57% |
| 2022-12-31 | CN¥2.63 Billion ≈ $385.42 Million |
+16.16% |
| 2021-12-31 | CN¥2.27 Billion ≈ $331.79 Million |
+108.29% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.29 Million |
+19.73% |
| 2019-12-31 | CN¥909.21 Million ≈ $133.05 Million |
+13.57% |
| 2018-12-31 | CN¥800.59 Million ≈ $117.15 Million |
+18.26% |
| 2017-12-31 | CN¥676.97 Million ≈ $99.06 Million |
-3.61% |
| 2016-12-31 | CN¥702.33 Million ≈ $102.77 Million |
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About Allied Machinery Co. Ltd.
Allied Machinery Co., Ltd. designs, researches and develops, produces, and sells high-precision mechanical parts and precision cavity mold products in China and the United States. It offers gearbox and rear gearbox, engine block, flywheel housing, reducer and reducer housing, torque arm, and power frame, valve case and body, reducer rear cover, housing and motor housing, regulator, pump rear cove… Read more