KEDE Numerical Control Co Ltd (688305) - Total Assets
Based on the latest financial reports, KEDE Numerical Control Co Ltd (688305) holds total assets worth CN¥2.27 Billion CNY (≈ $332.05 Million 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. Check KEDE Numerical Control Co Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
KEDE Numerical Control Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how KEDE Numerical Control Co Ltd's total assets have evolved over time, based on quarterly financial data. Check KEDE Numerical Control Co Ltd (688305) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
KEDE Numerical Control Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
KEDE Numerical Control Co Ltd's total assets of CN¥2.27 Billion consist of 59.9% current assets and 40.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.8% |
| Accounts Receivable | CN¥258.40 Million | 11.5% |
| Inventory | CN¥541.09 Million | 24.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥392.49 Million | 17.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how KEDE Numerical Control 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 KEDE Numerical Control Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: KEDE Numerical Control Co Ltd's current assets represent 59.9% of total assets in 2024, a decrease from 69.0% in 2017.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, up from 8.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 15.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 24.0% of total assets.
KEDE Numerical Control Co Ltd Competitors by Total Assets
Key competitors of KEDE Numerical Control Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
KEDE Numerical Control 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 | 4.43 | 3.76 | 4.81 |
| Quick Ratio | 2.82 | 2.22 | 2.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥988.81 Million | CN¥1.02 Billion | CN¥369.71 Million |
KEDE Numerical Control Co Ltd - Advanced Valuation Insights
This section examines the relationship between KEDE Numerical Control 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 | 4.28 |
| Latest Market Cap to Assets Ratio | 0.60 |
| Asset Growth Rate (YoY) | 50.5% |
| Total Assets | CN¥2.26 Billion |
| Market Capitalization | $1.36 Billion USD |
Valuation Analysis
Below Book Valuation: The market values KEDE Numerical Control Co Ltd's assets below their book value (0.60x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: KEDE Numerical Control Co Ltd's assets grew by 50.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for KEDE Numerical Control Co Ltd (2017–2024)
The table below shows the annual total assets of KEDE Numerical Control Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.26 Billion ≈ $330.18 Million |
+50.45% |
| 2023-12-31 | CN¥1.50 Billion ≈ $219.46 Million |
+12.23% |
| 2022-12-31 | CN¥1.34 Billion ≈ $195.55 Million |
+34.87% |
| 2021-12-31 | CN¥990.81 Million ≈ $144.99 Million |
+45.31% |
| 2020-12-31 | CN¥681.84 Million ≈ $99.77 Million |
+4.93% |
| 2019-12-31 | CN¥649.79 Million ≈ $95.08 Million |
+14.54% |
| 2018-12-31 | CN¥567.32 Million ≈ $83.02 Million |
+98.19% |
| 2017-12-31 | CN¥286.25 Million ≈ $41.89 Million |
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About KEDE Numerical Control Co Ltd
KEDE Numerical Control Co., Ltd. manufactures and markets CNC systems and functional components in China. It offers five-axis vertical machining, mill-turn composite machining, gantry machining, tool grinding, horizontal machining, blade milling machining; other domestic high-end CNC machine tools; numerical control systems; servo drive systems; servo motors, torque motors, linear motors, and spi… Read more