Shenzhen Xinyichang Technology Co. Ltd. A (688383) - Total Assets
Based on the latest financial reports, Shenzhen Xinyichang Technology Co. Ltd. A (688383) holds total assets worth CN¥2.95 Billion CNY (≈ $431.04 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. Check Shenzhen Xinyichang Technology Co. Ltd. (688383) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Shenzhen Xinyichang Technology Co. Ltd. A - Total Assets Trend (2017–2024)
This chart illustrates how Shenzhen Xinyichang Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. Check 688383 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Shenzhen Xinyichang Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Xinyichang Technology Co. Ltd. A's total assets of CN¥2.95 Billion consist of 68.0% current assets and 32.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.4% |
| Accounts Receivable | CN¥775.80 Million | 27.4% |
| Inventory | CN¥759.85 Million | 26.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥81.10 Million | 2.9% |
| Goodwill | CN¥16.77 Million | 0.6% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shenzhen Xinyichang Technology 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. For live market cap, price, and company overview, see 688383 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Xinyichang Technology Co. Ltd. A's current assets represent 68.0% of total assets in 2024, a decrease from 94.1% in 2017.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2024, up from 4.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 27.4% of total assets.
Shenzhen Xinyichang Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Shenzhen Xinyichang Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lens Technology Co Ltd
SHE:300433
|
China | CN¥77.25 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
China | CN¥20.78 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
China | CN¥2.52 Billion |
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
China | CN¥6.30 Billion |
|
Success Electronics Ltd
SHE:002289
|
China | CN¥5.27 Billion |
|
TXC Corp
TW:3042
|
Taiwan | NT$23.15 Billion |
|
Guangdong Ellington Electronics Technology Co Ltd
SHG:603328
|
China | CN¥6.54 Billion |
Shenzhen Xinyichang Technology 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 | 1.55 | 1.52 | 1.61 |
| Quick Ratio | 0.87 | 0.94 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥693.20 Million | CN¥699.64 Million | CN¥389.45 Million |
Shenzhen Xinyichang Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Shenzhen Xinyichang Technology 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 | 5.60 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | 8.2% |
| Total Assets | CN¥2.83 Billion |
| Market Capitalization | $2.86 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Shenzhen Xinyichang Technology Co. Ltd. A's assets above their book value (1.01x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Shenzhen Xinyichang Technology Co. Ltd. A's assets grew by 8.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shenzhen Xinyichang Technology Co. Ltd. A (2017–2024)
The table below shows the annual total assets of Shenzhen Xinyichang Technology Co. Ltd. A from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.83 Billion ≈ $413.87 Million |
+8.22% |
| 2023-12-31 | CN¥2.61 Billion ≈ $382.43 Million |
+6.90% |
| 2022-12-31 | CN¥2.44 Billion ≈ $357.74 Million |
+0.47% |
| 2021-12-31 | CN¥2.43 Billion ≈ $356.07 Million |
+88.37% |
| 2020-12-31 | CN¥1.29 Billion ≈ $189.03 Million |
+43.64% |
| 2019-12-31 | CN¥899.37 Million ≈ $131.61 Million |
+11.21% |
| 2018-12-31 | CN¥808.73 Million ≈ $118.34 Million |
+27.13% |
| 2017-12-31 | CN¥636.12 Million ≈ $93.08 Million |
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About Shenzhen Xinyichang Technology Co. Ltd. A
Shenzhen Xinyichang Technology Co., Ltd. engages in the research and development, production, and sale of intelligent manufacturing equipment for LED, capacitor, semiconductor, lithium battery, and other industries in China. The company's products include LED die bonding, semiconductor, capacitor device, and lithium batteries equipment. It also provides related equipment products, such as drivers… Read more