Ningbo Ronbay New Energy Tech Ltd Total Assets
Ningbo Ronbay New Energy Tech Ltd 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. Also see 688005 stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Ningbo Ronbay New Energy Tech Ltd (2016–2024)
Total assets of Ningbo Ronbay New Energy Tech Ltd from 2016 to 2024. This chart illustrates how Ningbo Ronbay New Energy Tech Ltd's total assets have evolved over time, based on quarterly financial data. See 688005 stock price and chart for real-time trading data and today's change.
Ningbo Ronbay New Energy Tech Ltd - Asset Composition Analysis
Ningbo Ronbay New Energy Tech Ltd Total Assets Breakdown (December 2024)
Ningbo Ronbay New Energy Tech Ltd total assets breakdown as of 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.
| 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. Explore 688005 working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
WEG S.A.
SA:WEGE3
|
Brazil | R$46.67 Billion |
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.42 Billion |
|
Henzhen Zhaowei Machinery And Elect
SHE:003021
|
China | CN¥5.88 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.97 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
China | CN¥5.92 Billion |
|
Zhejiang MustangBattery Co.Ltd
SHG:605378
|
China | CN¥1.53 Billion |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
China | CN¥2.69 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 | 0.08 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥24.62 Billion |
| Market Capitalization | $2.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Ronbay New Energy Tech Ltd's assets below their book value (0.08x), 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