OKE Precision Cutting Tools Co. Ltd. A
OKE Precision Cutting Tools Co., Ltd. engages in the research, development, production, and sale of CNC tool and cemented carbide products. The company offers CNC blades, solid carbide tools, carbide saw blades, serrated blades, solid carbide tools, disc milling cutters, and other cemented carbide cutting tools. The company was founded in 1996 and is headquartered in Zhuzhou, China.
OKE Precision Cutting Tools Co. Ltd. A (688308) - Total Assets
Latest total assets as of September 2025: CN¥3.84 Billion CNY
Based on the latest financial reports, OKE Precision Cutting Tools Co. Ltd. A (688308) holds total assets worth CN¥3.84 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.
OKE Precision Cutting Tools Co. Ltd. A - Total Assets Trend (2017–2024)
This chart illustrates how OKE Precision Cutting Tools Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
OKE Precision Cutting Tools Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
OKE Precision Cutting Tools Co. Ltd. A's total assets of CN¥3.84 Billion consist of 52.4% current assets and 47.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.6% |
| Accounts Receivable | CN¥663.25 Million | 16.8% |
| Inventory | CN¥631.13 Million | 15.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥101.68 Million | 2.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how OKE Precision Cutting Tools Co. Ltd. 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: OKE Precision Cutting Tools Co. Ltd. A's current assets represent 52.4% of total assets in 2024, an increase from 50.7% in 2017.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2024, down from 10.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 16.8% of total assets.
OKE Precision Cutting Tools Co. Ltd. A Competitors by Total Assets
Key competitors of OKE Precision Cutting Tools Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
OKE Precision Cutting Tools Co. Ltd. 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
Lower asset utilization - OKE Precision Cutting Tools Co. Ltd. A generates 0.28x 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, OKE Precision Cutting Tools Co. Ltd. A generates $ 1.45 in net profit.
OKE Precision Cutting Tools Co. Ltd. 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 | 1.84 | 1.72 | 4.31 |
| Quick Ratio | 1.19 | 1.23 | 3.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥896.41 Million | CN¥ 901.42 Million | CN¥ 870.34 Million |
OKE Precision Cutting Tools Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between OKE Precision Cutting Tools Co. Ltd. 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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥3.96 Billion |
| Market Capitalization | $717.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values OKE Precision Cutting Tools Co. Ltd. A's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: OKE Precision Cutting Tools Co. Ltd. A's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for OKE Precision Cutting Tools Co. Ltd. A (2017–2024)
The table below shows the annual total assets of OKE Precision Cutting Tools Co. Ltd. A from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.96 Billion | +2.05% |
| 2023-12-31 | CN¥3.88 Billion | +22.31% |
| 2022-12-31 | CN¥3.17 Billion | +64.13% |
| 2021-12-31 | CN¥1.93 Billion | +19.19% |
| 2020-12-31 | CN¥1.62 Billion | +60.97% |
| 2019-12-31 | CN¥1.01 Billion | +6.32% |
| 2018-12-31 | CN¥947.53 Million | +39.87% |
| 2017-12-31 | CN¥677.45 Million | -- |