OKE Precision Cutting Tools Co. Ltd. A (688308) - Total Assets
Based on the latest financial reports, OKE Precision Cutting Tools Co. Ltd. A (688308) holds total assets worth CN¥3.84 Billion CNY (≈ $561.69 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.
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. Also see OKE Precision Cutting Tools Co. Ltd. A market capitalisation for the company's overall valuation and market capitalisation.
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. Review 688308 liabilities breakdown to assess the company's total debt and financial obligations.
| 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. See OKE Precision Cutting Tools Co. Ltd. A (688308) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
China | CN¥3.24 Billion |
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
China | CN¥2.47 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥3.98 Billion |
|
Ningbo Daye Garden Machinery Co Ltd
SHE:300879
|
China | CN¥4.90 Billion |
|
OMER S.P.A. O.N.
F:9WR
|
Germany | €99.14 Million |
|
Seoam Machinery Industry Co.Ltd
KQ:100660
|
Korea | ₩82.38 Billion |
|
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448
|
China | CN¥842.14 Million |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.31 Million |
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 | 0.50 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥3.96 Billion |
| Market Capitalization | $1.98 Billion USD |
Valuation Analysis
Below Book Valuation: The market values OKE Precision Cutting Tools Co. Ltd. A's assets below their book value (0.50x), 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 ≈ $579.42 Million |
+2.05% |
| 2023-12-31 | CN¥3.88 Billion ≈ $567.80 Million |
+22.31% |
| 2022-12-31 | CN¥3.17 Billion ≈ $464.24 Million |
+64.13% |
| 2021-12-31 | CN¥1.93 Billion ≈ $282.85 Million |
+19.19% |
| 2020-12-31 | CN¥1.62 Billion ≈ $237.31 Million |
+60.97% |
| 2019-12-31 | CN¥1.01 Billion ≈ $147.42 Million |
+6.32% |
| 2018-12-31 | CN¥947.53 Million ≈ $138.65 Million |
+39.87% |
| 2017-12-31 | CN¥677.45 Million ≈ $99.13 Million |
-- |
About 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.