OKE Precision Cutting Tools Co. Ltd. A Total Assets
OKE Precision Cutting Tools Co. Ltd. A 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. Also see how much is OKE Precision Cutting Tools Co. Ltd. A worth for the company's overall valuation and market capitalisation.
Total Assets of OKE Precision Cutting Tools Co. Ltd. A (2017–2024)
Total assets of OKE Precision Cutting Tools Co. Ltd. A from 2017 to 2024. This chart illustrates how OKE Precision Cutting Tools Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See 688308 share price today for real-time trading data and today's change.
OKE Precision Cutting Tools Co. Ltd. A - Asset Composition Analysis
OKE Precision Cutting Tools Co. Ltd. A Total Assets Breakdown (December 2024)
OKE Precision Cutting Tools Co. Ltd. A total assets breakdown as of 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. Explore working capital to net assets of OKE Precision Cutting Tools Co. Ltd. A to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
China | CN¥2.47 Billion |
|
SF Diamond
SHE:300179
|
China | CN¥2.35 Billion |
|
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
|
China | CN¥3.61 Billion |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.31 Million |
|
Richelieu Hardware Ltd.
TO:RCH
|
Canada | CA$1.45 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥25.99 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
China | CN¥5.04 Billion |
|
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
|
China | CN¥5.23 Billion |
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 | 0.29 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥3.96 Billion |
| Market Capitalization | $1.16 Billion USD |
Valuation Analysis
Below Book Valuation: The market values OKE Precision Cutting Tools Co. Ltd. A's assets below their book value (0.29x), 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 |
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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.