Wuxi Paike New Materials Technology Co Ltd (605123) - Total Assets
Based on the latest financial reports, Wuxi Paike New Materials Technology Co Ltd (605123) holds total assets worth CN¥8.20 Billion CNY (≈ $1.20 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. See shareholders equity of Wuxi Paike New Materials Technology Co L for net asset value and shareholders' equity analysis.
Wuxi Paike New Materials Technology Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Wuxi Paike New Materials Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
Wuxi Paike New Materials Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wuxi Paike New Materials Technology Co Ltd's total assets of CN¥8.20 Billion consist of 72.7% current assets and 27.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.9% |
| Accounts Receivable | CN¥2.10 Billion | 29.0% |
| Inventory | CN¥1.08 Billion | 14.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥170.41 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Wuxi Paike New Materials 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 how much is Wuxi Paike New Materials Technology Co L worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wuxi Paike New Materials Technology Co Ltd's current assets represent 72.7% of total assets in 2024, an increase from 67.9% in 2016.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2024, up from 13.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 29.0% of total assets.
Wuxi Paike New Materials Technology Co Ltd Competitors by Total Assets
Key competitors of Wuxi Paike New Materials Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥14.72 Billion |
|
Suzhou Huaya Intelligence Technology Co Ltd
SHE:003043
|
China | CN¥2.89 Billion |
|
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
|
China | CN¥1.84 Billion |
|
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210
|
China | CN¥2.26 Billion |
|
King-Strong New Material Technology Co Ltd
SHE:300629
|
China | CN¥2.09 Billion |
|
Hunan Huamin Holdings Co Ltd
SHE:300345
|
China | CN¥3.54 Billion |
|
Lee Chi Enterprises Co Ltd
TW:1517
|
Taiwan | NT$4.27 Billion |
|
Omni-Lite Industries Canada Inc.
V:OML
|
Canada | CA$21.44 Million |
Wuxi Paike New Materials 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 | 1.96 | 2.31 | 2.59 |
| Quick Ratio | 1.56 | 1.87 | 2.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.88 Billion | CN¥3.03 Billion | CN¥1.13 Billion |
Wuxi Paike New Materials Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Wuxi Paike New Materials 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 | 2.91 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 9.4% |
| Total Assets | CN¥7.23 Billion |
| Market Capitalization | $1.89 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Wuxi Paike New Materials Technology Co Ltd's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wuxi Paike New Materials Technology Co Ltd's assets grew by 9.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wuxi Paike New Materials Technology Co Ltd (2016–2024)
The table below shows the annual total assets of Wuxi Paike New Materials Technology Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.23 Billion ≈ $1.06 Billion |
+9.36% |
| 2023-12-31 | CN¥6.61 Billion ≈ $967.97 Million |
+10.40% |
| 2022-12-31 | CN¥5.99 Billion ≈ $876.76 Million |
+91.25% |
| 2021-12-31 | CN¥3.13 Billion ≈ $458.43 Million |
+31.69% |
| 2020-12-31 | CN¥2.38 Billion ≈ $348.11 Million |
+93.40% |
| 2019-12-31 | CN¥1.23 Billion ≈ $179.99 Million |
+42.38% |
| 2018-12-31 | CN¥863.90 Million ≈ $126.42 Million |
+26.33% |
| 2017-12-31 | CN¥683.85 Million ≈ $100.07 Million |
+22.67% |
| 2016-12-31 | CN¥557.46 Million ≈ $81.57 Million |
-- |
About Wuxi Paike New Materials Technology Co Ltd
Wuxi Paike New Materials Technology Co.,Ltd. engages in the research and development, production, and sales of metal forgings in China and internationally. The company's primary products include ring forgings, free forgings, precision die forgings, etc. It also offers carbon steel, alloy steel, stainless steel, high-temperature alloys, aluminum alloys, titanium alloys, and magnesium alloys. The c… Read more