China Southern Power Grid Technology Co Ltd (688248) - Total Assets
Based on the latest financial reports, China Southern Power Grid Technology Co Ltd (688248) holds total assets worth CN¥4.81 Billion CNY (≈ $703.45 Million USD) as of March 2026. 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. Explore China Southern Power Grid Technology Co (688248) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
China Southern Power Grid Technology Co Ltd - Total Assets Trend (2018–2025)
This chart illustrates how China Southern Power Grid Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
China Southern Power Grid Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
China Southern Power Grid Technology Co Ltd's total assets of CN¥4.81 Billion consist of 83.1% current assets and 16.9% non-current assets. Also see 688248 stock market capitalisation for the company's overall valuation and market capitalisation.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.0% |
| Accounts Receivable | CN¥655.53 Million | 12.8% |
| Inventory | CN¥809.56 Million | 15.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥127.93 Million | 2.5% |
| Goodwill | CN¥23.24 Million | 0.5% |
Asset Composition Trend (2018–2025)
This chart illustrates how China Southern Power Grid 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. See China Southern Power Grid Technology Co stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Southern Power Grid Technology Co Ltd's current assets represent 83.1% of total assets in 2025, an increase from 76.4% in 2018.
- Cash Position: Cash and equivalents constituted 23.0% of total assets in 2025, up from 3.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 15.8% of total assets.
China Southern Power Grid Technology Co Ltd Competitors by Total Assets
Key competitors of China Southern Power Grid Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.27 Billion |
|
Beijing Sifang Automation Co Ltd
SHG:601126
|
China | CN¥10.88 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.85 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Amprius Technologies Inc.
NYSE:AMPX
|
USA | $130.78 Million |
China Southern Power Grid 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 | 3.02 | 3.26 | 2.96 |
| Quick Ratio | 2.31 | 2.44 | 2.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.65 Billion | CN¥2.40 Billion | CN¥1.21 Billion |
China Southern Power Grid Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Southern Power Grid 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 | 10.58 |
| Latest Market Cap to Assets Ratio | 0.79 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CN¥5.13 Billion |
| Market Capitalization | $4.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Southern Power Grid Technology Co Ltd's assets below their book value (0.79x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: China Southern Power Grid Technology Co Ltd's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for China Southern Power Grid Technology Co Ltd (2018–2025)
The table below shows the annual total assets of China Southern Power Grid Technology Co Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.13 Billion ≈ $750.09 Million |
+8.83% |
| 2024-12-31 | CN¥4.71 Billion ≈ $689.23 Million |
+1.99% |
| 2023-12-31 | CN¥4.62 Billion ≈ $675.79 Million |
+24.95% |
| 2022-12-31 | CN¥3.70 Billion ≈ $540.83 Million |
+17.03% |
| 2021-12-31 | CN¥3.16 Billion ≈ $462.14 Million |
+59.92% |
| 2020-12-31 | CN¥1.97 Billion ≈ $288.99 Million |
+124.66% |
| 2019-12-31 | CN¥879.06 Million ≈ $128.63 Million |
+123.82% |
| 2018-12-31 | CN¥392.75 Million ≈ $57.47 Million |
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About China Southern Power Grid Technology Co Ltd
China Southern Power Grid Technology Co.,Ltd. provides technical services and intelligent equipment products in China. The company offers energy storage system technical services; intelligent power distribution equipment; and testing, inspection, and commissioning services, as well as testing and debugging services. It also provides smart devices, robots, and drones. The company was founded in 19… Read more