Ningbo Dechang Electrical Machinery Made Co Ltd (605555) - Total Assets
Based on the latest financial reports, Ningbo Dechang Electrical Machinery Made Co Ltd (605555) holds total assets worth CN¥5.24 Billion CNY (≈ $767.12 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 605555 net asset value for net asset value and shareholders' equity analysis.
Ningbo Dechang Electrical Machinery Made Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Ningbo Dechang Electrical Machinery Made Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ningbo Dechang Electrical Machinery Made Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Dechang Electrical Machinery Made Co Ltd's total assets of CN¥5.24 Billion consist of 65.3% current assets and 34.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.1% |
| Accounts Receivable | CN¥1.37 Billion | 26.3% |
| Inventory | CN¥575.08 Million | 11.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥303.58 Million | 5.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Ningbo Dechang Electrical Machinery Made 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 Dechang Electrical Machinery Made market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Dechang Electrical Machinery Made Co Ltd's current assets represent 65.3% of total assets in 2024, a decrease from 78.7% in 2017.
- Cash Position: Cash and equivalents constituted 24.1% of total assets in 2024, up from 17.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 26.3% of total assets.
Ningbo Dechang Electrical Machinery Made Co Ltd Competitors by Total Assets
Key competitors of Ningbo Dechang Electrical Machinery Made Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Ningbo Dechang Electrical Machinery Made 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 | 1.50 | 1.71 | 1.03 |
| Quick Ratio | 1.09 | 1.44 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.07 Billion | CN¥1.35 Billion | CN¥28.16 Million |
Ningbo Dechang Electrical Machinery Made Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Dechang Electrical Machinery Made 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 | 2.58 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 22.0% |
| Total Assets | CN¥5.21 Billion |
| Market Capitalization | $1.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Dechang Electrical Machinery Made Co Ltd's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Dechang Electrical Machinery Made Co Ltd's assets grew by 22.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Dechang Electrical Machinery Made Co Ltd (2017–2024)
The table below shows the annual total assets of Ningbo Dechang Electrical Machinery Made Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.21 Billion ≈ $762.75 Million |
+21.99% |
| 2023-12-31 | CN¥4.27 Billion ≈ $625.24 Million |
+13.30% |
| 2022-12-31 | CN¥3.77 Billion ≈ $551.83 Million |
+2.38% |
| 2021-12-31 | CN¥3.68 Billion ≈ $539.03 Million |
+100.39% |
| 2020-12-31 | CN¥1.84 Billion ≈ $268.99 Million |
+97.73% |
| 2019-12-31 | CN¥929.69 Million ≈ $136.04 Million |
-43.43% |
| 2018-12-31 | CN¥1.64 Billion ≈ $240.49 Million |
+23.90% |
| 2017-12-31 | CN¥1.33 Billion ≈ $194.10 Million |
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About Ningbo Dechang Electrical Machinery Made Co Ltd
Ningbo Dechang Electrical Machinery Made Co., Ltd. produces and sells electric motors and household vacuum cleaners in China. The company offers horizontal dust bag, cyclone dust cup, and charging mode vacuum cleaner products. It also offers EPS brushless motors for automobiles. The company was founded in 2002 and is based in Yuyao, China.