Beijing Worldia Diamond Tools Co Ltd
Beijing Worldia Diamond Tools Co.,Ltd. engages in the research and development, production, and sale of ultra-high precision and high precision cutting tools in China and internationally. The company offers precision cutting tools; micro-tools; CVD diamond functional and lab grown diamond materials; and tool grade CVD diamond single crystal materials. Its products are used in 3C, automobiles, win… Read more
Beijing Worldia Diamond Tools Co Ltd (688028) - Total Assets
Latest total assets as of September 2025: CN¥2.25 Billion CNY
Based on the latest financial reports, Beijing Worldia Diamond Tools Co Ltd (688028) holds total assets worth CN¥2.25 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.
Beijing Worldia Diamond Tools Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Beijing Worldia Diamond Tools Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Beijing Worldia Diamond Tools Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Beijing Worldia Diamond Tools Co Ltd's total assets of CN¥2.25 Billion consist of 36.0% current assets and 64.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.7% |
| Accounts Receivable | CN¥227.29 Million | 10.0% |
| Inventory | CN¥299.16 Million | 13.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥73.54 Million | 3.2% |
| Goodwill | CN¥391.99 Million | 17.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Beijing Worldia Diamond Tools 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: Beijing Worldia Diamond Tools Co Ltd's current assets represent 36.0% of total assets in 2024, a decrease from 48.6% in 2016.
- Cash Position: Cash and equivalents constituted 11.7% of total assets in 2024, up from 10.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 9.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 17.3% of total assets.
Beijing Worldia Diamond Tools Co Ltd Competitors by Total Assets
Key competitors of Beijing Worldia Diamond Tools Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Beijing Worldia Diamond Tools 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
Lower asset utilization - Beijing Worldia Diamond Tools Co Ltd generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Beijing Worldia Diamond Tools Co Ltd generates $ 4.37 in net profit.
Beijing Worldia Diamond Tools 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 | 3.46 | 3.09 | 11.37 |
| Quick Ratio | 2.13 | 1.91 | 10.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥562.54 Million | CN¥ 536.67 Million | CN¥ 531.39 Million |
Beijing Worldia Diamond Tools Co Ltd - Advanced Valuation Insights
This section examines the relationship between Beijing Worldia Diamond Tools 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 | 6.62 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | CN¥2.27 Billion |
| Market Capitalization | $1.17 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Beijing Worldia Diamond Tools Co Ltd's assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Beijing Worldia Diamond Tools Co Ltd's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Beijing Worldia Diamond Tools Co Ltd (2016–2024)
The table below shows the annual total assets of Beijing Worldia Diamond Tools Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion | +6.31% |
| 2023-12-31 | CN¥2.13 Billion | +3.44% |
| 2022-12-31 | CN¥2.06 Billion | +121.38% |
| 2021-12-31 | CN¥931.42 Million | +3.71% |
| 2020-12-31 | CN¥898.12 Million | -1.34% |
| 2019-12-31 | CN¥910.31 Million | +138.82% |
| 2018-12-31 | CN¥381.17 Million | +13.29% |
| 2017-12-31 | CN¥336.45 Million | +17.55% |
| 2016-12-31 | CN¥286.23 Million | -- |