Ningbo Deye Technology Co Ltd (605117) - Total Assets
Based on the latest financial reports, Ningbo Deye Technology Co Ltd (605117) holds total assets worth CN¥18.57 Billion CNY (≈ $2.72 Billion 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. Explore 605117 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Ningbo Deye Technology Co Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Ningbo Deye Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Ningbo Deye Technology Co Ltd for net asset value and shareholders' equity analysis.
Ningbo Deye Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Deye Technology Co Ltd's total assets of CN¥18.57 Billion consist of 71.6% current assets and 28.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.5% |
| Accounts Receivable | CN¥1.70 Billion | 11.3% |
| Inventory | CN¥1.36 Billion | 9.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥142.71 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Ningbo Deye Technology 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 Ningbo Deye Technology Co Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Deye Technology Co Ltd's current assets represent 71.6% of total assets in 2024, a decrease from 74.9% in 2019.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2024, down from 36.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 11.3% of total assets.
Ningbo Deye Technology Co Ltd Competitors by Total Assets
Key competitors of Ningbo Deye Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
China | CN¥16.66 Billion |
|
Panca Anugrah Wisesa Tbk PT
JK:MGLV
|
Indonesia | Rp203.50 Billion |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
China | CN¥6.07 Billion |
|
Anhui Sentai WPC Group Share Co. Ltd.
SHE:301429
|
China | CN¥1.69 Billion |
|
Purple Innovation Inc
NASDAQ:PRPL
|
USA | $271.99 Million |
|
Fiplasto SA
BA:FIPL
|
Argentina | AR$115.75 Billion |
|
Longvie SA
BA:LONG
|
Argentina | AR$43.34 Billion |
Ningbo Deye Technology 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 | 1.53 | 1.95 | 2.41 |
| Quick Ratio | 1.36 | 1.74 | 2.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.73 Billion | CN¥5.03 Billion | CN¥1.76 Billion |
Ningbo Deye Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Deye Technology 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 | 7.68 |
| Latest Market Cap to Assets Ratio | 0.78 |
| Asset Growth Rate (YoY) | 39.7% |
| Total Assets | CN¥15.11 Billion |
| Market Capitalization | $11.75 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Deye Technology Co Ltd's assets below their book value (0.78x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Deye Technology Co Ltd's assets grew by 39.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Deye Technology Co Ltd (2019–2024)
The table below shows the annual total assets of Ningbo Deye Technology Co Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.11 Billion ≈ $2.21 Billion |
+39.72% |
| 2023-12-31 | CN¥10.82 Billion ≈ $1.58 Billion |
+27.15% |
| 2022-12-31 | CN¥8.51 Billion ≈ $1.24 Billion |
+116.83% |
| 2021-12-31 | CN¥3.92 Billion ≈ $574.13 Million |
+134.17% |
| 2020-12-31 | CN¥1.68 Billion ≈ $245.18 Million |
+38.16% |
| 2019-12-31 | CN¥1.21 Billion ≈ $177.46 Million |
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About Ningbo Deye Technology Co Ltd
Ningbo Deye Technology Group Co., Ltd. engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hong Kong, Germany, India, and internationally. The company offers household, industrial, fresh air, pipe ceiling, and rotary dehumidifiers, as well as integrated dehumidification and humidification machines, constant temperature and humidity machine… Read more