Shanghai W Ibeda High Tech Group Co Ltd
Shanghai W-Ibeda High Tech.Group Co.,Ltd. researches, develops, and manufactures automotive powertrain intelligent test equipment in China. The company also engages in new energy vehicle powertrain testing services and intelligent driving related businesses. It also offers test equipment systems of gearboxes, engines, turbocharger, and water and oil pumps. Shanghai W-Ibeda High Tech.Group Co.,Ltd… Read more
Shanghai W Ibeda High Tech Group Co Ltd (688071) - Total Assets
Latest total assets as of September 2025: CN¥2.30 Billion CNY
Based on the latest financial reports, Shanghai W Ibeda High Tech Group Co Ltd (688071) holds total assets worth CN¥2.30 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.
Shanghai W Ibeda High Tech Group Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Shanghai W Ibeda High Tech Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanghai W Ibeda High Tech Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai W Ibeda High Tech Group Co Ltd's total assets of CN¥2.30 Billion consist of 34.0% current assets and 66.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.3% |
| Accounts Receivable | CN¥474.16 Million | 21.7% |
| Inventory | CN¥126.06 Million | 5.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥25.71 Million | 1.2% |
| Goodwill | CN¥38.49 Million | 1.8% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shanghai W Ibeda High Tech Group 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: Shanghai W Ibeda High Tech Group Co Ltd's current assets represent 34.0% of total assets in 2024, a decrease from 61.9% in 2017.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, up from 1.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 11.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% of total assets.
Shanghai W Ibeda High Tech Group Co Ltd Competitors by Total Assets
Key competitors of Shanghai W Ibeda High Tech Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
Shanghai W Ibeda High Tech Group 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 - Shanghai W Ibeda High Tech Group Co Ltd generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shanghai W Ibeda High Tech Group Co Ltd is currently not profitable relative to its asset base.
Shanghai W Ibeda High Tech Group 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 | 0.93 | 0.87 | 0.87 |
| Quick Ratio | 0.77 | 0.73 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-69.46 Million | CN¥ -114.35 Million | CN¥ -44.89 Million |
Shanghai W Ibeda High Tech Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shanghai W Ibeda High Tech Group 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 | 3.58 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CN¥2.19 Billion |
| Market Capitalization | $208.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai W Ibeda High Tech Group Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanghai W Ibeda High Tech Group Co Ltd's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanghai W Ibeda High Tech Group Co Ltd (2017–2024)
The table below shows the annual total assets of Shanghai W Ibeda High Tech Group Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.19 Billion | +3.63% |
| 2023-12-31 | CN¥2.11 Billion | +62.34% |
| 2022-12-31 | CN¥1.30 Billion | +34.08% |
| 2021-12-31 | CN¥969.58 Million | +65.05% |
| 2020-12-31 | CN¥587.43 Million | +20.27% |
| 2019-12-31 | CN¥488.44 Million | +15.38% |
| 2018-12-31 | CN¥423.33 Million | +13.60% |
| 2017-12-31 | CN¥372.64 Million | -- |