SBT Ultrasonic Technology Co. Ltd. A

SHG:688392 China Specialty Industrial Machinery
Market Cap
$1.78 Billion
CN¥13.08 Billion CNY
Market Cap Rank
#6484 Global
#993 in China
Share Price
CN¥112.99
Change (1 day)
-3.20%
52-Week Range
CN¥41.98 - CN¥152.50
All Time High
CN¥152.50
About

SBT Ultrasonic Technology Co., Ltd. engages in the research and development, design, production, and sale of ultrasonic equipment worldwide. It provides ultrasonic application and intelligent equipment solutions. The company also offers ultrasonic metal welders, ultrasonic for semiconductor, ultrasonic wire harness welders, scanning acoustic microscope, ultrasonic cutting machine, ultrasonic plas… Read more

SBT Ultrasonic Technology Co. Ltd. A (688392) - Total Assets

Latest total assets as of June 2025: CN¥2.26 Billion CNY

Based on the latest financial reports, SBT Ultrasonic Technology Co. Ltd. A (688392) holds total assets worth CN¥2.26 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.

SBT Ultrasonic Technology Co. Ltd. A - Total Assets Trend (2020–2024)

This chart illustrates how SBT Ultrasonic Technology Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

SBT Ultrasonic Technology Co. Ltd. A - Asset Composition Analysis

Current Asset Composition (December 2024)

SBT Ultrasonic Technology Co. Ltd. A's total assets of CN¥2.26 Billion consist of 88.2% current assets and 11.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 40.1%
Accounts Receivable CN¥336.90 Million 15.9%
Inventory CN¥174.09 Million 8.2%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥125.04 Million 5.9%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2020–2024)

This chart illustrates how SBT Ultrasonic 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: SBT Ultrasonic Technology Co. Ltd. A's current assets represent 88.2% of total assets in 2024, an increase from 81.3% in 2020.
  • Cash Position: Cash and equivalents constituted 40.1% of total assets in 2024, up from 19.0% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 4.0% in 2020.
  • Asset Diversification: The largest asset category is accounts receivable at 15.9% of total assets.

SBT Ultrasonic Technology Co. Ltd. A Competitors by Total Assets

Key competitors of SBT Ultrasonic Technology Co. Ltd. A 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

SBT Ultrasonic Technology Co. Ltd. A - 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: 0.24 - 0.98

Lower asset utilization - SBT Ultrasonic Technology Co. Ltd. A generates 0.28x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.06% - 33.04%

Moderate ROA - For every $100 in assets, SBT Ultrasonic Technology Co. Ltd. A generates $ 4.04 in net profit.

SBT Ultrasonic 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 3.97 5.54 5.13
Quick Ratio 3.45 5.07 4.56
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.45 Billion CN¥ 1.51 Billion CN¥ 1.69 Billion

SBT Ultrasonic Technology Co. Ltd. A - Advanced Valuation Insights

This section examines the relationship between SBT Ultrasonic 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 6.23
Latest Market Cap to Assets Ratio 0.58
Asset Growth Rate (YoY) -2.2%
Total Assets CN¥2.13 Billion
Market Capitalization $1.23 Billion USD

Valuation Analysis

Below Book Valuation: The market values SBT Ultrasonic Technology Co. Ltd. A's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: SBT Ultrasonic Technology Co. Ltd. A's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for SBT Ultrasonic Technology Co. Ltd. A (2020–2024)

The table below shows the annual total assets of SBT Ultrasonic Technology Co. Ltd. A from 2020 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.13 Billion -2.16%
2023-12-31 CN¥2.17 Billion +1.36%
2022-12-31 CN¥2.14 Billion +239.32%
2021-12-31 CN¥631.57 Million +133.73%
2020-12-31 CN¥270.22 Million --