Ningbo Ronbay New Energy Tech Ltd (688005) - Total Assets
Based on the latest financial reports, Ningbo Ronbay New Energy Tech Ltd (688005) holds total assets worth CN¥23.96 Billion CNY (≈ $3.51 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.
Ningbo Ronbay New Energy Tech Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Ningbo Ronbay New Energy Tech Ltd's total assets have evolved over time, based on quarterly financial data. Also see market value of Ningbo Ronbay New Energy Tech Ltd for the company's overall valuation and market capitalisation.
Ningbo Ronbay New Energy Tech Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Ronbay New Energy Tech Ltd's total assets of CN¥23.96 Billion consist of 58.0% current assets and 42.0% non-current assets. Review Ningbo Ronbay New Energy Tech Ltd balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.0% |
| Accounts Receivable | CN¥7.89 Billion | 32.0% |
| Inventory | CN¥2.22 Billion | 9.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥706.12 Million | 2.9% |
| Goodwill | CN¥115.30 Million | 0.5% |
Asset Composition Trend (2016–2024)
This chart illustrates how Ningbo Ronbay New Energy Tech 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. See Ningbo Ronbay New Energy Tech Ltd stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Ronbay New Energy Tech Ltd's current assets represent 58.0% of total assets in 2024, a decrease from 77.5% in 2016.
- Cash Position: Cash and equivalents constituted 12.0% of total assets in 2024, up from 6.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 32.0% of total assets.
Ningbo Ronbay New Energy Tech Ltd Competitors by Total Assets
Key competitors of Ningbo Ronbay New Energy Tech Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Legend Power Systems Inc
V:LPS
|
Canada | CA$2.11 Million |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥23.57 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
Hammond Power Solutions Inc
TO:HPS-A
|
Canada | CA$680.40 Million |
|
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909
|
China | CN¥3.49 Billion |
|
Zhejiang Wanma Co Ltd
SHE:002276
|
China | CN¥16.57 Billion |
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
China | CN¥5.16 Billion |
Ningbo Ronbay New Energy Tech 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 | 1.25 | 1.52 | 2.81 |
| Quick Ratio | 1.05 | 1.33 | 2.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.68 Billion | CN¥5.28 Billion | CN¥2.60 Billion |
Ningbo Ronbay New Energy Tech Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Ronbay New Energy Tech 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 | 2.75 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥24.62 Billion |
| Market Capitalization | $2.50 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Ronbay New Energy Tech Ltd's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ningbo Ronbay New Energy Tech Ltd's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ningbo Ronbay New Energy Tech Ltd (2016–2024)
The table below shows the annual total assets of Ningbo Ronbay New Energy Tech Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥24.62 Billion ≈ $3.60 Billion |
-0.07% |
| 2023-12-31 | CN¥24.64 Billion ≈ $3.61 Billion |
-3.98% |
| 2022-12-31 | CN¥25.66 Billion ≈ $3.75 Billion |
+74.54% |
| 2021-12-31 | CN¥14.70 Billion ≈ $2.15 Billion |
+139.63% |
| 2020-12-31 | CN¥6.14 Billion ≈ $897.76 Million |
+4.88% |
| 2019-12-31 | CN¥5.85 Billion ≈ $855.98 Million |
+37.21% |
| 2018-12-31 | CN¥4.26 Billion ≈ $623.83 Million |
+94.88% |
| 2017-12-31 | CN¥2.19 Billion ≈ $320.11 Million |
+174.30% |
| 2016-12-31 | CN¥797.50 Million ≈ $116.70 Million |
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About Ningbo Ronbay New Energy Tech Ltd
Ningbo Ronbay New Energy Technology Co.,Ltd. engages in the research and development, manufacture, and sale of multi-materials, lithium iron manganese phosphate materials, sodium electric materials and multi-material precursors in China and internationally. The company's products are used in electric vehicles, electric two-wheeled vehicles, energy storage equipment, and electronic products. Ningb… Read more