Ningbo PIA Automation Holding Corp. A
Ningbo PIA Automation Holding Corp. engages in the research and development, production, sale, and service of assembly and testing intelligent manufacturing equipment, industrial robots, and industrial digital intelligent software in the fields of new energy smart cars, medical health, consumer products, and industrial electromechanical worldwide. It offers automotive powertrain and electric driv… Read more
Ningbo PIA Automation Holding Corp. A (688306) - Total Assets
Latest total assets as of June 2025: CN¥5.19 Billion CNY
Based on the latest financial reports, Ningbo PIA Automation Holding Corp. A (688306) holds total assets worth CN¥5.19 Billion CNY 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.
Ningbo PIA Automation Holding Corp. A - Total Assets Trend (2019–2024)
This chart illustrates how Ningbo PIA Automation Holding Corp. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo PIA Automation Holding Corp. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo PIA Automation Holding Corp. A's total assets of CN¥5.19 Billion consist of 62.4% current assets and 37.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.6% |
| Accounts Receivable | CN¥502.76 Million | 10.8% |
| Inventory | CN¥1.62 Billion | 34.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥104.16 Million | 2.2% |
| Goodwill | CN¥652.93 Million | 14.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Ningbo PIA Automation Holding Corp. A'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: Ningbo PIA Automation Holding Corp. A's current assets represent 62.4% of total assets in 2024, an increase from 62.3% in 2019.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, down from 14.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, a decrease from 22.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 34.6% of total assets.
Ningbo PIA Automation Holding Corp. A Competitors by Total Assets
Key competitors of Ningbo PIA Automation Holding Corp. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Ningbo PIA Automation Holding Corp. A - 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
Moderate asset utilization - Ningbo PIA Automation Holding Corp. A generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ningbo PIA Automation Holding Corp. A generates $ 0.18 in net profit.
Ningbo PIA Automation Holding Corp. A - 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 | 1.24 | 1.28 | 1.78 |
| Quick Ratio | 0.54 | 0.55 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥631.58 Million | CN¥ 742.60 Million | CN¥ 1.63 Billion |
Ningbo PIA Automation Holding Corp. A - Advanced Valuation Insights
This section examines the relationship between Ningbo PIA Automation Holding Corp. A'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 | 7.34 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | CN¥4.67 Billion |
| Market Capitalization | $643.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo PIA Automation Holding Corp. A's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ningbo PIA Automation Holding Corp. A's assets decreased by 9.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ningbo PIA Automation Holding Corp. A (2019–2024)
The table below shows the annual total assets of Ningbo PIA Automation Holding Corp. A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.67 Billion | -9.34% |
| 2023-12-31 | CN¥5.16 Billion | +7.24% |
| 2022-12-31 | CN¥4.81 Billion | +41.19% |
| 2021-12-31 | CN¥3.41 Billion | -8.00% |
| 2020-12-31 | CN¥3.70 Billion | +0.97% |
| 2019-12-31 | CN¥3.67 Billion | -- |