Wangli Security & Surveillance Product Co. Ltd
Wangli Security & Surveillance Product Co., Ltd engages in the research, development, manufacture, sale, and service of security door locks in China and internationally. Its products include smart locks, wooden doors, doors and windows, smart homes, and other products, as well as engineering doors and robot safety doors. The company was founded in 1996 and is based in Yongkang, China.
Wangli Security & Surveillance Product Co. Ltd (605268) - Total Assets
Latest total assets as of September 2025: CN¥4.40 Billion CNY
Based on the latest financial reports, Wangli Security & Surveillance Product Co. Ltd (605268) holds total assets worth CN¥4.40 Billion CNY 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.
Wangli Security & Surveillance Product Co. Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Wangli Security & Surveillance Product Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wangli Security & Surveillance Product Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wangli Security & Surveillance Product Co. Ltd's total assets of CN¥4.40 Billion consist of 55.6% current assets and 44.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.5% |
| Accounts Receivable | CN¥1.46 Billion | 33.2% |
| Inventory | CN¥384.13 Million | 8.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥232.01 Million | 5.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Wangli Security & Surveillance Product 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wangli Security & Surveillance Product Co. Ltd's current assets represent 55.6% of total assets in 2024, a decrease from 70.4% in 2016.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 17.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 7.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 33.2% of total assets.
Wangli Security & Surveillance Product Co. Ltd Competitors by Total Assets
Key competitors of Wangli Security & Surveillance Product Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
Wangli Security & Surveillance Product Co. Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Wangli Security & Surveillance Product Co. Ltd generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Wangli Security & Surveillance Product Co. Ltd generates $ 3.16 in net profit.
Wangli Security & Surveillance Product 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 | 0.94 | 0.91 | 0.97 |
| Quick Ratio | 0.78 | 0.74 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-164.34 Million | CN¥ -246.28 Million | CN¥ -45.55 Million |
Wangli Security & Surveillance Product Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Wangli Security & Surveillance Product 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 | 3.01 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | CN¥4.39 Billion |
| Market Capitalization | $151.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wangli Security & Surveillance Product Co. Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wangli Security & Surveillance Product Co. Ltd's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wangli Security & Surveillance Product Co. Ltd (2016–2024)
The table below shows the annual total assets of Wangli Security & Surveillance Product Co. Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.39 Billion | +8.37% |
| 2023-12-31 | CN¥4.05 Billion | +7.43% |
| 2022-12-31 | CN¥3.77 Billion | +3.31% |
| 2021-12-31 | CN¥3.65 Billion | +41.09% |
| 2020-12-31 | CN¥2.59 Billion | +32.60% |
| 2019-12-31 | CN¥1.95 Billion | -0.73% |
| 2018-12-31 | CN¥1.96 Billion | +5.17% |
| 2017-12-31 | CN¥1.87 Billion | +20.04% |
| 2016-12-31 | CN¥1.56 Billion | -- |