Jiangsu Changling Hydraulic Co. Ltd (605389) - Total Assets
Based on the latest financial reports, Jiangsu Changling Hydraulic Co. Ltd (605389) holds total assets worth CN¥2.43 Billion CNY (≈ $355.90 Million 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 what is Jiangsu Changling Hydraulic Co. Ltd's book value for net asset value and shareholders' equity analysis.
Jiangsu Changling Hydraulic Co. Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Jiangsu Changling Hydraulic Co. Ltd's total assets have evolved over time, based on quarterly financial data.
Jiangsu Changling Hydraulic Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Changling Hydraulic Co. Ltd's total assets of CN¥2.43 Billion consist of 59.1% current assets and 40.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.8% |
| Accounts Receivable | CN¥461.89 Million | 19.2% |
| Inventory | CN¥177.22 Million | 7.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥105.03 Million | 4.4% |
| Goodwill | CN¥221.63 Million | 9.2% |
Asset Composition Trend (2016–2024)
This chart illustrates how Jiangsu Changling Hydraulic 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 Jiangsu Changling Hydraulic Co. Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Changling Hydraulic Co. Ltd's current assets represent 59.1% of total assets in 2024, a decrease from 70.7% in 2016.
- Cash Position: Cash and equivalents constituted 14.8% of total assets in 2024, up from 5.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 4.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 19.2% of total assets.
Jiangsu Changling Hydraulic Co. Ltd Competitors by Total Assets
Key competitors of Jiangsu Changling Hydraulic Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Shenzhen Vital New Material Co. Ltd.
SHE:301319
|
China | CN¥1.43 Billion |
|
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
|
China | CN¥3.61 Billion |
|
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448
|
China | CN¥842.14 Million |
|
San Shing Fastech Corp
TW:5007
|
Taiwan | NT$8.26 Billion |
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
China | CN¥2.75 Billion |
|
Nanjing Toua Hardware&Tools Co.Ltd.
SHE:301125
|
China | CN¥1.06 Billion |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.32 Million |
Jiangsu Changling Hydraulic 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 | 6.55 | 9.71 | 2.53 |
| Quick Ratio | 5.71 | 8.51 | 2.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.23 Billion | CN¥1.23 Billion | CN¥452.50 Million |
Jiangsu Changling Hydraulic Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Changling Hydraulic 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 | 4.98 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | -4.8% |
| Total Assets | CN¥2.40 Billion |
| Market Capitalization | $2.58 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Jiangsu Changling Hydraulic Co. Ltd's assets above their book value (1.07x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Jiangsu Changling Hydraulic Co. Ltd's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu Changling Hydraulic Co. Ltd (2016–2024)
The table below shows the annual total assets of Jiangsu Changling Hydraulic Co. Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.40 Billion ≈ $351.52 Million |
-4.83% |
| 2023-12-31 | CN¥2.52 Billion ≈ $369.35 Million |
+22.69% |
| 2022-12-31 | CN¥2.06 Billion ≈ $301.05 Million |
+0.36% |
| 2021-12-31 | CN¥2.05 Billion ≈ $299.96 Million |
+99.59% |
| 2020-12-31 | CN¥1.03 Billion ≈ $150.29 Million |
+48.34% |
| 2019-12-31 | CN¥692.34 Million ≈ $101.31 Million |
+32.59% |
| 2018-12-31 | CN¥522.19 Million ≈ $76.41 Million |
+12.82% |
| 2017-12-31 | CN¥462.87 Million ≈ $67.73 Million |
+15.18% |
| 2016-12-31 | CN¥401.88 Million ≈ $58.81 Million |
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About Jiangsu Changling Hydraulic Co. Ltd
Jiangsu Changling Hydraulic Co.,Ltd researches and develops, produces, and sells hydraulic components in China and internationally. The company offers slewing drives, central turning joints, tensioning devices, springs and valves, hydraulic central rotary joint, adjuster cylinder, pin bushing, etc. Its products are used in the industry of construction machinery, mining machinery, offshore operati… Read more