CICT Mobile Communication Technology Co. Ltd. A Total Assets
CICT Mobile Communication Technology Co. Ltd. A total assets. Based on the latest financial reports, CICT Mobile Communication Technology Co. Ltd. A (688387) holds total assets worth CN¥13.11 Billion CNY (≈ $1.92 Billion USD) 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. Also see market value of CICT Mobile Communication Technology Co. for the company's overall valuation and market capitalisation.
Total Assets of CICT Mobile Communication Technology Co. Ltd. A (2020–2024)
Total assets of CICT Mobile Communication Technology Co. Ltd. A from 2020 to 2024. This chart illustrates how CICT Mobile Communication Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See CICT Mobile Communication Technology Co. (688387) share price today for real-time trading data and today's change.
CICT Mobile Communication Technology Co. Ltd. A - Asset Composition Analysis
CICT Mobile Communication Technology Co. Ltd. A Total Assets Breakdown (December 2024)
CICT Mobile Communication Technology Co. Ltd. A total assets breakdown as of December 2024. CICT Mobile Communication Technology Co. Ltd. A's total assets of CN¥13.11 Billion consist of 86.7% current assets and 13.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.6% |
| Accounts Receivable | CN¥5.19 Billion | 37.8% |
| Inventory | CN¥1.56 Billion | 11.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥269.37 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how CICT Mobile Communication 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. Explore 688387 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CICT Mobile Communication Technology Co. Ltd. A's current assets represent 86.7% of total assets in 2024, a decrease from 89.5% in 2020.
- Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, down from 35.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 37.8% of total assets.
CICT Mobile Communication Technology Co. Ltd. A Competitors by Total Assets
Key competitors of CICT Mobile Communication Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KMW Inc.
KQ:032500
|
Korea | ₩250.76 Billion |
|
Ningbo Bird Co Ltd
SHG:600130
|
China | CN¥1.17 Billion |
|
Apogee Optocom Co Ltd
TW:6426
|
Taiwan | NT$998.88 Million |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
China | CN¥1.46 Billion |
|
Hengxin Mobile Business
SHE:300081
|
China | CN¥1.80 Billion |
|
Shenzhen Keybridge Communications Co Ltd
SHE:002316
|
China | CN¥742.52 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
USA | $20.07 Million |
|
Elsight Ltd
AU:ELS
|
Australia | AU$64.17 Million |
CICT Mobile Communication 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 | 1.76 | 1.96 | 2.02 |
| Quick Ratio | 1.53 | 1.66 | 1.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.84 Billion | CN¥6.10 Billion | CN¥7.09 Billion |
CICT Mobile Communication Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between CICT Mobile Communication 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 | 8.36 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -4.9% |
| Total Assets | CN¥13.74 Billion |
| Market Capitalization | $5.70 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CICT Mobile Communication Technology Co. Ltd. A's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: CICT Mobile Communication Technology Co. Ltd. A's assets decreased by 4.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for CICT Mobile Communication Technology Co. Ltd. A (2020–2024)
The table below shows the annual total assets of CICT Mobile Communication Technology Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.74 Billion ≈ $2.01 Billion |
-4.86% |
| 2023-12-31 | CN¥14.44 Billion ≈ $2.11 Billion |
-5.08% |
| 2022-12-31 | CN¥15.21 Billion ≈ $2.23 Billion |
+40.78% |
| 2021-12-31 | CN¥10.80 Billion ≈ $1.58 Billion |
+5.16% |
| 2020-12-31 | CN¥10.27 Billion ≈ $1.50 Billion |
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About CICT Mobile Communication Technology Co. Ltd. A
CICT Mobile Communication Technology Co., Ltd. engages in the development and service of mobile communication technology solutions in China and internationally. The company offers system, antenna, room, and industry-specific network equipment. It also provides mobile communication integrated service; and mobile communication network operation and maintenance services. In addition, the company off… Read more