Raytron Technology Co Ltd
Raytron Technology Co.,Ltd. engages in the research and development, design, manufacturing, and sales of uncooled infrared imagining, MEMS sensor, and image processing algorithms technology in China. The company provides driving assistant, infrared imaging, and vacuum packaging products; MEMS design services for sensors; and ASIC, analog, and Hybrid IP design services. Its products are used in se… Read more
Raytron Technology Co Ltd (688002) - Total Assets
Latest total assets as of September 2025: CN¥9.92 Billion CNY
Based on the latest financial reports, Raytron Technology Co Ltd (688002) holds total assets worth CN¥9.92 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.
Raytron Technology Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Raytron Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Raytron Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Raytron Technology Co Ltd's total assets of CN¥9.92 Billion consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.9% |
| Accounts Receivable | CN¥1.52 Billion | 17.3% |
| Inventory | CN¥1.74 Billion | 19.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥224.44 Million | 2.6% |
| Goodwill | CN¥137.93 Million | 1.6% |
Asset Composition Trend (2016–2024)
This chart illustrates how Raytron 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Raytron Technology Co Ltd's current assets represent 54.3% of total assets in 2024, an increase from 46.1% in 2016.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, up from 8.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 15.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 19.8% of total assets.
Raytron Technology Co Ltd Competitors by Total Assets
Key competitors of Raytron Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Raytron Technology 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
Moderate asset utilization - Raytron Technology Co Ltd generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Raytron Technology Co Ltd generates $6.46 in net profit.
Raytron 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 | 2.89 | 2.83 | 5.08 |
| Quick Ratio | 1.80 | 1.81 | 3.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.69 Billion | CN¥ 3.09 Billion | CN¥ 2.05 Billion |
Raytron Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Raytron 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 | 8.49 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | CN¥8.81 Billion |
| Market Capitalization | $4.73 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Raytron Technology Co Ltd's assets below their book value (0.54 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Raytron Technology Co Ltd's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Raytron Technology Co Ltd (2016–2024)
The table below shows the annual total assets of Raytron Technology Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.81 Billion | +6.14% |
| 2023-12-31 | CN¥8.30 Billion | +31.17% |
| 2022-12-31 | CN¥6.33 Billion | +29.32% |
| 2021-12-31 | CN¥4.89 Billion | +38.00% |
| 2020-12-31 | CN¥3.54 Billion | +39.32% |
| 2019-12-31 | CN¥2.54 Billion | +113.57% |
| 2018-12-31 | CN¥1.19 Billion | +138.11% |
| 2017-12-31 | CN¥500.30 Million | +63.11% |
| 2016-12-31 | CN¥306.73 Million | -- |