Shanghai Friendess Electronics Tech
Shanghai BOCHU Electronic Technology Corporation Limited. engages in research, development, production, and sales of industrial automation systems in China. The company's primary products include high and low power controllers; heavy cutting controllers; structural steel and plane bevel cutting controllers; 2D, tube, plane bevel, and structural steel cutting heads; high-speed servo set laser proc… Read more
Shanghai Friendess Electronics Tech (688188) - Total Assets
Latest total assets as of September 2025: CN¥6.40 Billion CNY
Based on the latest financial reports, Shanghai Friendess Electronics Tech (688188) holds total assets worth CN¥6.40 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 Friendess Electronics Tech - Total Assets Trend (2016–2024)
This chart illustrates how Shanghai Friendess Electronics Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanghai Friendess Electronics Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai Friendess Electronics Tech's total assets of CN¥6.40 Billion consist of 88.0% current assets and 12.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 37.9% |
| Accounts Receivable | CN¥218.08 Million | 3.7% |
| Inventory | CN¥164.78 Million | 2.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥108.67 Million | 1.9% |
| Goodwill | CN¥17.66 Million | 0.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Shanghai Friendess Electronics Tech'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 Friendess Electronics Tech's current assets represent 88.0% of total assets in 2024, a decrease from 97.4% in 2016.
- Cash Position: Cash and equivalents constituted 37.9% of total assets in 2024, up from 24.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 3.7% of total assets.
Shanghai Friendess Electronics Tech Competitors by Total Assets
Key competitors of Shanghai Friendess Electronics Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Shanghai Friendess Electronics Tech - 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 Friendess Electronics Tech generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Shanghai Friendess Electronics Tech generates $ 15.02 in net profit.
Shanghai Friendess Electronics Tech - 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 | 18.10 | 13.83 | 20.45 |
| Quick Ratio | 17.41 | 13.35 | 20.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.36 Billion | CN¥ 4.66 Billion | CN¥ 2.27 Billion |
Shanghai Friendess Electronics Tech - Advanced Valuation Insights
This section examines the relationship between Shanghai Friendess Electronics Tech'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 | 7.35 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | CN¥5.88 Billion |
| Market Capitalization | $2.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Friendess Electronics Tech's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai Friendess Electronics Tech's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai Friendess Electronics Tech (2016–2024)
The table below shows the annual total assets of Shanghai Friendess Electronics Tech from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.88 Billion | +10.18% |
| 2023-12-31 | CN¥5.33 Billion | +18.42% |
| 2022-12-31 | CN¥4.50 Billion | +43.07% |
| 2021-12-31 | CN¥3.15 Billion | +20.57% |
| 2020-12-31 | CN¥2.61 Billion | +17.59% |
| 2019-12-31 | CN¥2.22 Billion | +506.67% |
| 2018-12-31 | CN¥366.05 Million | +34.84% |
| 2017-12-31 | CN¥271.48 Million | +72.16% |
| 2016-12-31 | CN¥157.69 Million | -- |