Xi'an High Voltage Apparatus Research Institute Co. Ltd.

SHG:688334 China Specialty Business Services
Market Cap
$1.01 Billion
CN¥7.40 Billion CNY
Market Cap Rank
#12537 Global
#3118 in China
Share Price
CN¥23.36
Change (1 day)
-3.95%
52-Week Range
CN¥15.10 - CN¥27.33
All Time High
CN¥27.33
About

Xi'an High Voltage Apparatus Research Institute Co., Ltd., together with its subsidiaries, provides electrical inspection and testing services in China, Hong Kong, Macao, Taiwan, and internationally. The company offers professional technical services; type, performance, routine, and certificate tests; arbitration inspection; quality appraisement; and metrological verification of electrical equipm… Read more

Xi'an High Voltage Apparatus Research Institute Co. Ltd. (688334) - Total Assets

Latest total assets as of June 2025: CN¥3.70 Billion CNY

Based on the latest financial reports, Xi'an High Voltage Apparatus Research Institute Co. Ltd. (688334) holds total assets worth CN¥3.70 Billion CNY 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.

Xi'an High Voltage Apparatus Research Institute Co. Ltd. - Total Assets Trend (2021–2024)

This chart illustrates how Xi'an High Voltage Apparatus Research Institute Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Xi'an High Voltage Apparatus Research Institute Co. Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Xi'an High Voltage Apparatus Research Institute Co. Ltd.'s total assets of CN¥3.70 Billion consist of 44.5% current assets and 55.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 29.7%
Accounts Receivable CN¥97.05 Million 2.7%
Inventory CN¥51.85 Million 1.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥127.24 Million 3.6%
Goodwill CN¥23.72 Million 0.7%

Asset Composition Trend (2021–2024)

This chart illustrates how Xi'an High Voltage Apparatus Research Institute 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 High Voltage Apparatus Research Institute Co. Ltd.'s current assets represent 44.5% of total assets in 2024, an increase from 30.2% in 2021.
  • Cash Position: Cash and equivalents constituted 29.7% of total assets in 2024, up from 21.0% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2021.
  • Asset Diversification: The largest asset category is intangible assets at 3.6% of total assets.

Xi'an High Voltage Apparatus Research Institute Co. Ltd. Competitors by Total Assets

Key competitors of Xi'an High Voltage Apparatus Research Institute Co. Ltd. based on total assets are shown below.

Xi'an High Voltage Apparatus Research Institute 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: 0.21 - 0.23

Lower asset utilization - Xi'an High Voltage Apparatus Research Institute Co. Ltd. generates 0.23x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.76% - 6.45%

Solid ROA - For every $100 in assets, Xi'an High Voltage Apparatus Research Institute Co. Ltd. generates $6.45 in net profit.

Xi'an High Voltage Apparatus Research Institute 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 3.69 5.12 5.12
Quick Ratio 3.57 4.99 4.99
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.28 Billion CN¥ 1.33 Billion CN¥ 1.33 Billion

Xi'an High Voltage Apparatus Research Institute Co. Ltd. - Advanced Valuation Insights

This section examines the relationship between Xi'an High Voltage Apparatus Research Institute 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 2.67
Latest Market Cap to Assets Ratio 0.09
Asset Growth Rate (YoY) -2.4%
Total Assets CN¥3.55 Billion
Market Capitalization $318.33 Million USD

Valuation Analysis

Below Book Valuation: The market values Xi'an High Voltage Apparatus Research Institute Co. Ltd.'s assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Xi'an High Voltage Apparatus Research Institute Co. Ltd.'s assets decreased by 2.4% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Xi'an High Voltage Apparatus Research Institute Co. Ltd. (2021–2024)

The table below shows the annual total assets of Xi'an High Voltage Apparatus Research Institute Co. Ltd. from 2021 to 2024.

Year Total Assets Change
2024-12-31 CN¥3.55 Billion -2.42%
2023-12-31 CN¥3.64 Billion +61.25%
2022-12-31 CN¥2.25 Billion +3.83%
2021-12-31 CN¥2.17 Billion --