Western Superconducting Tech Co Ltd
Western Superconducting Technologies Co., Ltd. engages in the research and development, production, and sale of superconducting materials, high-end titanium alloy materials, and high temperature alloy materials and applications in China. The company offers superconducting products, including titanium ingots, superconducting wires, niobium tin superconducting wires, MgB2 wires, and superconducting… Read more
Western Superconducting Tech Co Ltd (688122) - Total Assets
Latest total assets as of September 2025: CN¥14.66 Billion CNY
Based on the latest financial reports, Western Superconducting Tech Co Ltd (688122) holds total assets worth CN¥14.66 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.
Western Superconducting Tech Co Ltd - Total Assets Trend (2005–2024)
This chart illustrates how Western Superconducting Tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Superconducting Tech Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Superconducting Tech Co Ltd's total assets of CN¥14.66 Billion consist of 77.9% current assets and 22.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.1% |
| Accounts Receivable | CN¥4.23 Billion | 31.1% |
| Inventory | CN¥3.86 Billion | 28.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥327.70 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Western Superconducting 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Western Superconducting Tech Co Ltd's current assets represent 77.9% of total assets in 2024, an increase from 33.8% in 2005.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, up from 5.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 10.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 31.1% of total assets.
Western Superconducting Tech Co Ltd Competitors by Total Assets
Key competitors of Western Superconducting Tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Western Superconducting Tech 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 - Western Superconducting Tech Co Ltd generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Western Superconducting Tech Co Ltd generates $5.88 in net profit.
Western Superconducting 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 | 2.04 | 2.32 | 2.04 |
| Quick Ratio | 1.28 | 1.47 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.86 Billion | CN¥ 5.63 Billion | CN¥ 2.09 Billion |
Western Superconducting Tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between Western Superconducting 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 | 7.92 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 12.6% |
| Total Assets | CN¥13.61 Billion |
| Market Capitalization | $4.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Western Superconducting Tech Co Ltd's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Western Superconducting Tech Co Ltd's assets grew by 12.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Western Superconducting Tech Co Ltd (2005–2024)
The table below shows the annual total assets of Western Superconducting Tech Co Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.61 Billion | +12.62% |
| 2023-12-31 | CN¥12.08 Billion | +6.88% |
| 2022-12-31 | CN¥11.31 Billion | +29.09% |
| 2021-12-31 | CN¥8.76 Billion | +58.09% |
| 2020-12-31 | CN¥5.54 Billion | +15.34% |
| 2019-12-31 | CN¥4.80 Billion | +20.24% |
| 2018-12-31 | CN¥3.99 Billion | +14.11% |
| 2017-12-31 | CN¥3.50 Billion | +5.59% |
| 2016-12-31 | CN¥3.32 Billion | +37.70% |
| 2015-12-31 | CN¥2.41 Billion | +18.38% |
| 2014-12-31 | CN¥2.03 Billion | +9.35% |
| 2013-12-31 | CN¥1.86 Billion | -9.76% |
| 2012-12-31 | CN¥2.06 Billion | +23.36% |
| 2011-12-31 | CN¥1.67 Billion | +12.41% |
| 2010-12-31 | CN¥1.49 Billion | +36.38% |
| 2009-12-31 | CN¥1.09 Billion | +49.78% |
| 2008-12-31 | CN¥727.55 Million | +22.64% |
| 2007-12-31 | CN¥593.22 Million | +13.89% |
| 2006-12-31 | CN¥520.87 Million | +78.52% |
| 2005-12-31 | CN¥291.78 Million | -- |