GSP Automotive Group Wenzhou Co Ltd Total Assets
GSP Automotive Group Wenzhou Co Ltd total assets. Based on the latest financial reports, GSP Automotive Group Wenzhou Co Ltd (605088) holds total assets worth CN¥6.42 Billion CNY (≈ $939.50 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. Also see 605088 market cap for the company's overall valuation and market capitalisation.
Total Assets of GSP Automotive Group Wenzhou Co Ltd (2013–2024)
Total assets of GSP Automotive Group Wenzhou Co Ltd from 2013 to 2024. This chart illustrates how GSP Automotive Group Wenzhou Co Ltd's total assets have evolved over time, based on quarterly financial data. See current stock price of GSP Automotive Group Wenzhou Co Ltd for real-time trading data and today's change.
GSP Automotive Group Wenzhou Co Ltd - Asset Composition Analysis
GSP Automotive Group Wenzhou Co Ltd Total Assets Breakdown (December 2024)
GSP Automotive Group Wenzhou Co Ltd total assets breakdown as of December 2024. GSP Automotive Group Wenzhou Co Ltd's total assets of CN¥6.42 Billion consist of 75.8% current assets and 24.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.9% |
| Accounts Receivable | CN¥1.21 Billion | 20.2% |
| Inventory | CN¥811.36 Million | 13.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥343.91 Million | 5.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how GSP Automotive Group Wenzhou 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. Explore GSP Automotive Group Wenzhou Co Ltd (605088) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GSP Automotive Group Wenzhou Co Ltd's current assets represent 75.8% of total assets in 2024, an increase from 63.1% in 2013.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, up from 18.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 20.2% of total assets.
GSP Automotive Group Wenzhou Co Ltd Competitors by Total Assets
Key competitors of GSP Automotive Group Wenzhou Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Advance Auto Parts Inc
NYSE:AAP
|
USA | $11.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥21.06 Billion |
|
Camel Group Co Ltd
SHG:601311
|
China | CN¥15.59 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.53 Billion |
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.22 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥19.04 Billion |
GSP Automotive Group Wenzhou 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 | 1.54 | 1.76 | 2.56 |
| Quick Ratio | 1.25 | 1.47 | 2.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.70 Billion | CN¥1.67 Billion | CN¥1.06 Billion |
GSP Automotive Group Wenzhou Co Ltd - Advanced Valuation Insights
This section examines the relationship between GSP Automotive Group Wenzhou 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 | 2.31 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 37.2% |
| Total Assets | CN¥6.02 Billion |
| Market Capitalization | $575.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values GSP Automotive Group Wenzhou Co Ltd's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: GSP Automotive Group Wenzhou Co Ltd's assets grew by 37.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for GSP Automotive Group Wenzhou Co Ltd (2013–2024)
The table below shows the annual total assets of GSP Automotive Group Wenzhou Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.02 Billion ≈ $880.66 Million |
+37.22% |
| 2023-12-31 | CN¥4.39 Billion ≈ $641.80 Million |
+39.74% |
| 2022-12-31 | CN¥3.14 Billion ≈ $459.27 Million |
+19.55% |
| 2021-12-31 | CN¥2.63 Billion ≈ $384.16 Million |
+15.98% |
| 2020-12-31 | CN¥2.26 Billion ≈ $331.22 Million |
+51.85% |
| 2019-12-31 | CN¥1.49 Billion ≈ $218.13 Million |
+9.90% |
| 2018-12-31 | CN¥1.36 Billion ≈ $198.48 Million |
+16.53% |
| 2017-12-31 | CN¥1.16 Billion ≈ $170.32 Million |
+2.77% |
| 2016-12-31 | CN¥1.13 Billion ≈ $165.73 Million |
+22.28% |
| 2015-12-31 | CN¥926.17 Million ≈ $135.53 Million |
+5.88% |
| 2014-12-31 | CN¥874.74 Million ≈ $128.00 Million |
+14.67% |
| 2013-12-31 | CN¥762.82 Million ≈ $111.62 Million |
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About GSP Automotive Group Wenzhou Co Ltd
GSP Automotive Group Wenzhou Co.,Ltd. researches, develops, and sells automobile chassis systems in China, Europe, North America, South America, Asia, Oceania, and Africa. The company offers driveline, including front, rear half shaft, propshafts and rear axle shafts; wheel bearings; rubber to metal parts, such as engine, transmission mounting, strut mounting kits, bushing, protection kits, flexi… Read more