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.
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. Also see Allied Machinery Co. Ltd. market cap and net worth for the company's overall valuation and market capitalisation.
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. Review 605060 total liabilities to assess the company's total debt and financial obligations.
| 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. See Allied Machinery Co. Ltd. (605060) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥22.15 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
China | CN¥10.76 Billion |
|
Sany Heavy Energy Co. Ltd. A
SHG:688349
|
China | CN¥43.71 Billion |
|
GKG Precision Machine Co. Ltd. A
SHE:301338
|
China | CN¥2.86 Billion |
|
Lakshmi Machine Works Limited
NSE:LAXMIMACH
|
India | Rs40.76 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Xiangtan Electric Manufacturing Co Ltd
SHG:600416
|
China | CN¥17.32 Billion |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
China | CN¥3.49 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 | 0.49 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | CN¥2.86 Billion |
| Market Capitalization | $1.39 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Allied Machinery Co. Ltd.'s assets below their book value (0.49x), 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