Ningbo PIA Automation Holding Corp. A (688306) - Total Assets
Based on the latest financial reports, Ningbo PIA Automation Holding Corp. A (688306) holds total assets worth CN¥5.19 Billion CNY (≈ $758.75 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 what is Ningbo PIA Automation Holding Corp. A's book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market value of Ningbo PIA Automation Holding Corp. A.
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 |
|---|---|---|
|
Ningbo Tuopu Group Co Ltd
SHG:601689
|
China | CN¥41.66 Billion |
|
Ningbo Joyson Electronic Corp
SHG:600699
|
China | CN¥68.68 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.83 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥11.04 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
China | CN¥3.05 Billion |
|
Changchun Engley Automobile Industry Co.Ltd.
SHG:601279
|
China | CN¥7.70 Billion |
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 | 0.39 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | CN¥4.67 Billion |
| Market Capitalization | $1.81 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo PIA Automation Holding Corp. A's assets below their book value (0.39x), 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 ≈ $683.98 Million |
-9.34% |
| 2023-12-31 | CN¥5.16 Billion ≈ $754.45 Million |
+7.24% |
| 2022-12-31 | CN¥4.81 Billion ≈ $703.52 Million |
+41.19% |
| 2021-12-31 | CN¥3.41 Billion ≈ $498.28 Million |
-8.00% |
| 2020-12-31 | CN¥3.70 Billion ≈ $541.62 Million |
+0.97% |
| 2019-12-31 | CN¥3.67 Billion ≈ $536.42 Million |
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About 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