Suzhou Harmontronics Auto Tech Co Ltd Total Assets
Suzhou Harmontronics Auto Tech Co Ltd total assets. Based on the latest financial reports, Suzhou Harmontronics Auto Tech Co Ltd (688022) holds total assets worth CN¥2.55 Billion CNY (≈ $373.86 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. Also see market cap of Suzhou Harmontronics Auto Tech Co Ltd for the company's overall valuation and market capitalisation.
Total Assets of Suzhou Harmontronics Auto Tech Co Ltd (2016–2024)
Total assets of Suzhou Harmontronics Auto Tech Co Ltd from 2016 to 2024. This chart illustrates how Suzhou Harmontronics Auto Tech Co Ltd's total assets have evolved over time, based on quarterly financial data. See Suzhou Harmontronics Auto Tech Co Ltd (688022) share price today for real-time trading data and today's change.
Suzhou Harmontronics Auto Tech Co Ltd - Asset Composition Analysis
Suzhou Harmontronics Auto Tech Co Ltd Total Assets Breakdown (December 2024)
Suzhou Harmontronics Auto Tech Co Ltd total assets breakdown as of December 2024. Suzhou Harmontronics Auto Tech Co Ltd's total assets of CN¥2.55 Billion consist of 56.4% current assets and 43.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.1% |
| Accounts Receivable | CN¥472.22 Million | 15.8% |
| Inventory | CN¥685.89 Million | 23.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥51.96 Million | 1.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Suzhou Harmontronics Auto Tech 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. Explore 688022 current assets to equity 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: Suzhou Harmontronics Auto Tech Co Ltd's current assets represent 56.4% of total assets in 2024, a decrease from 74.3% in 2016.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 17.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 23.0% of total assets.
Suzhou Harmontronics Auto Tech Co Ltd Competitors by Total Assets
Key competitors of Suzhou Harmontronics Auto Tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥22.15 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $2.26 Billion |
|
Zhejiang Kaishan Compressor
SHE:300257
|
China | CN¥17.10 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥9.23 Billion |
|
Inox Wind Limited
NSE:INOXWIND
|
India | Rs120.68 Billion |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697
|
China | CN¥4.87 Billion |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943
|
China | CN¥2.67 Billion |
Suzhou Harmontronics Auto Tech 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 | 0.74 | 1.11 | 1.75 |
| Quick Ratio | 0.43 | 0.66 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-455.20 Million | CN¥242.48 Million | CN¥535.00 Million |
Suzhou Harmontronics Auto Tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between Suzhou Harmontronics Auto Tech 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 | 4.15 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -26.9% |
| Total Assets | CN¥2.98 Billion |
| Market Capitalization | $238.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Harmontronics Auto Tech Co Ltd's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Suzhou Harmontronics Auto Tech Co Ltd's assets decreased by 26.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Suzhou Harmontronics Auto Tech Co Ltd (2016–2024)
The table below shows the annual total assets of Suzhou Harmontronics Auto Tech Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.98 Billion ≈ $436.20 Million |
-26.86% |
| 2023-12-31 | CN¥4.08 Billion ≈ $596.40 Million |
+35.60% |
| 2022-12-31 | CN¥3.01 Billion ≈ $439.84 Million |
+41.67% |
| 2021-12-31 | CN¥2.12 Billion ≈ $310.47 Million |
+30.48% |
| 2020-12-31 | CN¥1.63 Billion ≈ $237.95 Million |
+42.53% |
| 2019-12-31 | CN¥1.14 Billion ≈ $166.94 Million |
+134.12% |
| 2018-12-31 | CN¥487.29 Million ≈ $71.31 Million |
+57.31% |
| 2017-12-31 | CN¥309.76 Million ≈ $45.33 Million |
+90.40% |
| 2016-12-31 | CN¥162.69 Million ≈ $23.81 Million |
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About Suzhou Harmontronics Auto Tech Co Ltd
Suzhou Harmontronics Automation Technology Co., Ltd engages in the research, design, development, sale, and servicing of intelligent manufacturing equipment and systems in China. It offers automotive intelligent manufacturing equipment, including automotive solutions for electric drive and thermal management systems, as well as sensor, wire harness, connector, and controller automation solutions;… Read more