Western Superconducting Tech Co Ltd (688122) - Total Assets
Based on the latest financial reports, Western Superconducting Tech Co Ltd (688122) holds total assets worth CN¥14.66 Billion CNY (≈ $2.15 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. See 688122 book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see how much is Western Superconducting Tech Co Ltd worth.
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 |
|---|---|---|
|
Carpenter Technology Corporation
NYSE:CRS
|
USA | $3.50 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥14.72 Billion |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
China | CN¥939.76 Million |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.05 Billion |
|
Zhejiang Sf Oilless Bearing Co Ltd
SHE:300817
|
China | CN¥1.28 Billion |
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
China | CN¥1.99 Billion |
|
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163
|
China | CN¥1.48 Billion |
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 | 0.45 |
| Asset Growth Rate (YoY) | 12.6% |
| Total Assets | CN¥13.61 Billion |
| Market Capitalization | $6.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Western Superconducting Tech Co Ltd's assets below their book value (0.45x), 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 ≈ $1.99 Billion |
+12.62% |
| 2023-12-31 | CN¥12.08 Billion ≈ $1.77 Billion |
+6.88% |
| 2022-12-31 | CN¥11.31 Billion ≈ $1.65 Billion |
+29.09% |
| 2021-12-31 | CN¥8.76 Billion ≈ $1.28 Billion |
+58.09% |
| 2020-12-31 | CN¥5.54 Billion ≈ $810.67 Million |
+15.34% |
| 2019-12-31 | CN¥4.80 Billion ≈ $702.84 Million |
+20.24% |
| 2018-12-31 | CN¥3.99 Billion ≈ $584.51 Million |
+14.11% |
| 2017-12-31 | CN¥3.50 Billion ≈ $512.22 Million |
+5.59% |
| 2016-12-31 | CN¥3.32 Billion ≈ $485.10 Million |
+37.70% |
| 2015-12-31 | CN¥2.41 Billion ≈ $352.28 Million |
+18.38% |
| 2014-12-31 | CN¥2.03 Billion ≈ $297.58 Million |
+9.35% |
| 2013-12-31 | CN¥1.86 Billion ≈ $272.13 Million |
-9.76% |
| 2012-12-31 | CN¥2.06 Billion ≈ $301.57 Million |
+23.36% |
| 2011-12-31 | CN¥1.67 Billion ≈ $244.46 Million |
+12.41% |
| 2010-12-31 | CN¥1.49 Billion ≈ $217.47 Million |
+36.38% |
| 2009-12-31 | CN¥1.09 Billion ≈ $159.46 Million |
+49.78% |
| 2008-12-31 | CN¥727.55 Million ≈ $106.46 Million |
+22.64% |
| 2007-12-31 | CN¥593.22 Million ≈ $86.81 Million |
+13.89% |
| 2006-12-31 | CN¥520.87 Million ≈ $76.22 Million |
+78.52% |
| 2005-12-31 | CN¥291.78 Million ≈ $42.70 Million |
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About 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