China National Electric Apparatus R (688128) - Total Assets
Based on the latest financial reports, China National Electric Apparatus R (688128) holds total assets worth CN¥7.95 Billion CNY (≈ $1.16 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 China National Electric Apparatus R net assets for net asset value and shareholders' equity analysis.
China National Electric Apparatus R - Total Assets Trend (2016–2024)
This chart illustrates how China National Electric Apparatus R's total assets have evolved over time, based on quarterly financial data.
China National Electric Apparatus R - Asset Composition Analysis
Current Asset Composition (December 2024)
China National Electric Apparatus R's total assets of CN¥7.95 Billion consist of 75.5% current assets and 24.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.2% |
| Accounts Receivable | CN¥1.86 Billion | 25.2% |
| Inventory | CN¥2.26 Billion | 30.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥160.68 Million | 2.2% |
| Goodwill | CN¥849.80K | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how China National Electric Apparatus R'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 China National Electric Apparatus R (688128) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China National Electric Apparatus R's current assets represent 75.5% of total assets in 2024, an increase from 66.7% in 2016.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2024, up from 11.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 30.5% of total assets.
China National Electric Apparatus R Competitors by Total Assets
Key competitors of China National Electric Apparatus R based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
China National Electric Apparatus R - 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 | 1.35 | 1.51 | 2.08 |
| Quick Ratio | 0.79 | 0.87 | 1.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.52 Billion | CN¥1.96 Billion | CN¥1.60 Billion |
China National Electric Apparatus R - Advanced Valuation Insights
This section examines the relationship between China National Electric Apparatus R'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 | 2.88 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | CN¥7.41 Billion |
| Market Capitalization | $1.57 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China National Electric Apparatus R's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: China National Electric Apparatus R's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for China National Electric Apparatus R (2016–2024)
The table below shows the annual total assets of China National Electric Apparatus R from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.41 Billion ≈ $1.08 Billion |
+0.32% |
| 2023-12-31 | CN¥7.38 Billion ≈ $1.08 Billion |
+18.16% |
| 2022-12-31 | CN¥6.25 Billion ≈ $914.40 Million |
+28.81% |
| 2021-12-31 | CN¥4.85 Billion ≈ $709.89 Million |
+21.46% |
| 2020-12-31 | CN¥3.99 Billion ≈ $584.45 Million |
+12.78% |
| 2019-12-31 | CN¥3.54 Billion ≈ $518.23 Million |
+34.36% |
| 2018-12-31 | CN¥2.64 Billion ≈ $385.70 Million |
+10.26% |
| 2017-12-31 | CN¥2.39 Billion ≈ $349.82 Million |
+31.99% |
| 2016-12-31 | CN¥1.81 Billion ≈ $265.04 Million |
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About China National Electric Apparatus R
China National Electric Apparatus Research Institute Co., Ltd. provides solutions in the fields of quality and technology services, intelligent equipment, environmental-friendly coatings, and polyester resins in China and internationally. It operates through Complete Equipment; Electrical Equipment; Quality and Technical Service; and Environmental Protection Coatings and Resins segments. The comp… Read more