Shenzhen Neoway Technology Co Ltd (688159) - Total Assets
Based on the latest financial reports, Shenzhen Neoway Technology Co Ltd (688159) holds total assets worth CN¥2.53 Billion CNY (≈ $370.13 Million USD) as of June 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 Shenzhen Neoway Technology Co Ltd net assets for net asset value and shareholders' equity analysis.
Shenzhen Neoway Technology Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Shenzhen Neoway Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shenzhen Neoway Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Neoway Technology Co Ltd's total assets of CN¥2.53 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 | 13.5% |
| Accounts Receivable | CN¥575.17 Million | 32.4% |
| Inventory | CN¥165.56 Million | 9.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥96.94 Million | 5.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Shenzhen Neoway Technology 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 688159 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Neoway Technology Co Ltd's current assets represent 75.5% of total assets in 2024, a decrease from 93.6% in 2016.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, down from 30.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 4.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 32.4% of total assets.
Shenzhen Neoway Technology Co Ltd Competitors by Total Assets
Key competitors of Shenzhen Neoway Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Browave
TWO:3163
|
Taiwan | NT$3.96 Billion |
|
Invisio Communications AB
ST:IVSO
|
Sweden | Skr1.61 Billion |
|
Unionman Technology Co. Ltd. A
SHG:688609
|
China | CN¥3.26 Billion |
|
Telesat Corp
TO:TSAT
|
Canada | CA$6.93 Billion |
|
Hangzhou CNCR-IT Co Ltd
SHE:300250
|
China | CN¥712.22 Million |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
China | CN¥1.57 Billion |
|
Securitag Assembly Group Co Ltd
TWO:6417
|
Taiwan | NT$2.80 Billion |
|
Hana Financial 7 SPAC
KQ:230240
|
Korea | ₩283.95 Billion |
Shenzhen Neoway Technology 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 | 1.37 | 1.46 | 2.65 |
| Quick Ratio | 1.26 | 1.26 | 2.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥565.93 Million | CN¥398.91 Million | CN¥661.46 Million |
Shenzhen Neoway Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shenzhen Neoway Technology 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 | 3.81 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥1.77 Billion |
| Market Capitalization | $652.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Neoway Technology Co Ltd's assets below their book value (0.37x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shenzhen Neoway Technology Co Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shenzhen Neoway Technology Co Ltd (2016–2024)
The table below shows the annual total assets of Shenzhen Neoway Technology Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Billion ≈ $259.60 Million |
+13.05% |
| 2023-12-31 | CN¥1.57 Billion ≈ $229.63 Million |
+14.78% |
| 2022-12-31 | CN¥1.37 Billion ≈ $200.07 Million |
-8.99% |
| 2021-12-31 | CN¥1.50 Billion ≈ $219.84 Million |
+15.76% |
| 2020-12-31 | CN¥1.30 Billion ≈ $189.90 Million |
+31.32% |
| 2019-12-31 | CN¥988.25 Million ≈ $144.61 Million |
+35.14% |
| 2018-12-31 | CN¥731.26 Million ≈ $107.01 Million |
+69.22% |
| 2017-12-31 | CN¥432.13 Million ≈ $63.23 Million |
+51.53% |
| 2016-12-31 | CN¥285.17 Million ≈ $41.73 Million |
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About Shenzhen Neoway Technology Co Ltd
Shenzhen Neoway Technology Co.,Ltd. engages in the research and development, production, and sale of IoT wireless communication modules, IoT wireless communication terminals, IoT wireless communication solutions and cloud products in China. It offers G/3G/4G/5G/NB-IoT/eMTC cellular modules for use in smart energy, IoV, smart manufacturing, commercial retail, smart city, and other industries; Flee… Read more