Xi an Bright Laser Tech Co Ltd

SHG:688333 China Specialty Industrial Machinery
Market Cap
$3.58 Billion
CN¥26.29 Billion CNY
Market Cap Rank
#4546 Global
#473 in China
Share Price
CN¥95.82
Change (1 day)
-3.31%
52-Week Range
CN¥54.71 - CN¥140.27
All Time High
CN¥140.27
About

Xi'an Bright Laser Technologies Co.,Ltd. engages in providing metal additive manufacturing solutions in the People's Republic of China. The company offers customized products, equipment, raw materials, software, and 3D printing and other technical services. It serves aerospace, aviation, engine, mold/tool making, automotive, and medical industries. The company was founded in 2011 and is based in … Read more

Xi an Bright Laser Tech Co Ltd (688333) - Total Assets

Latest total assets as of September 2025: CN¥8.60 Billion CNY

Based on the latest financial reports, Xi an Bright Laser Tech Co Ltd (688333) holds total assets worth CN¥8.60 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.

Xi an Bright Laser Tech Co Ltd - Total Assets Trend (2016–2024)

This chart illustrates how Xi an Bright Laser Tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Xi an Bright Laser Tech Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Xi an Bright Laser Tech Co Ltd's total assets of CN¥8.60 Billion consist of 58.7% current assets and 41.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 16.3%
Accounts Receivable CN¥1.17 Billion 16.0%
Inventory CN¥827.39 Million 11.4%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥248.59 Million 3.4%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how Xi an Bright Laser Tech Co Ltd'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: Xi an Bright Laser Tech Co Ltd's current assets represent 58.7% of total assets in 2024, a decrease from 64.1% in 2016.
  • Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, down from 17.0% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2016.
  • Asset Diversification: The largest asset category is accounts receivable at 16.0% of total assets.

Xi an Bright Laser Tech Co Ltd Competitors by Total Assets

Key competitors of Xi an Bright Laser Tech Co Ltd based on total assets are shown below.

Company Country Total Assets
Hanil Vacuum Co. Ltd
KQ:123840
Korea ₩115.98 Billion
Ivisionworks Co.,Ltd.
KQ:469750
Korea ₩50.10 Billion
Huayi Compressor Co Ltd
SHE:000404
China CN¥15.16 Billion
Shenyang Machine Tool Co Ltd
SHE:000410
China CN¥9.63 Billion
North Industries Group Red Arrow Co Ltd
SHE:000519
China CN¥17.38 Billion
Changchai Co Ltd
SHE:000570
China CN¥5.30 Billion
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
China CN¥3.49 Billion
Baota Industry Co Ltd
SHE:000595
China CN¥9.54 Billion

Xi an Bright Laser Tech Co Ltd - 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

Historical Range: 0.18 - 0.37

Lower asset utilization - Xi an Bright Laser Tech Co Ltd generates 0.18x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -2.53% - 6.81%

Moderate ROA - For every $100 in assets, Xi an Bright Laser Tech Co Ltd generates $ 1.43 in net profit.

Xi an Bright Laser Tech Co Ltd - 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 1.68 2.71 4.11
Quick Ratio 1.17 2.20 3.31
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.94 Billion CN¥ 2.72 Billion CN¥ 752.11 Million

Xi an Bright Laser Tech Co Ltd - Advanced Valuation Insights

This section examines the relationship between Xi an Bright Laser Tech Co Ltd'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 5.70
Latest Market Cap to Assets Ratio 0.32
Asset Growth Rate (YoY) 10.9%
Total Assets CN¥7.29 Billion
Market Capitalization $2.34 Billion USD

Valuation Analysis

Below Book Valuation: The market values Xi an Bright Laser Tech Co Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Xi an Bright Laser Tech Co Ltd's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Xi an Bright Laser Tech Co Ltd (2016–2024)

The table below shows the annual total assets of Xi an Bright Laser Tech Co Ltd from 2016 to 2024.

Year Total Assets Change
2024-12-31 CN¥7.29 Billion +10.94%
2023-12-31 CN¥6.57 Billion +116.64%
2022-12-31 CN¥3.03 Billion +43.83%
2021-12-31 CN¥2.11 Billion +25.55%
2020-12-31 CN¥1.68 Billion +13.45%
2019-12-31 CN¥1.48 Billion +76.23%
2018-12-31 CN¥839.66 Million +40.23%
2017-12-31 CN¥598.75 Million +22.92%
2016-12-31 CN¥487.11 Million --