SBT Ultrasonic Technology Co. Ltd. A (688392) - Total Assets
Based on the latest financial reports, SBT Ultrasonic Technology Co. Ltd. A (688392) holds total assets worth CN¥2.26 Billion CNY (≈ $330.24 Million 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. See 688392 total equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 688392 stock market capitalisation.
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 |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
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 | 1.11 |
| Asset Growth Rate (YoY) | -2.2% |
| Total Assets | CN¥2.13 Billion |
| Market Capitalization | $2.37 Billion USD |
Valuation Analysis
Above Book Valuation: The market values SBT Ultrasonic Technology Co. Ltd. A's assets above their book value (1.11x), reflecting positive investor sentiment about the company's future prospects.
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 ≈ $310.99 Million |
-2.16% |
| 2023-12-31 | CN¥2.17 Billion ≈ $317.87 Million |
+1.36% |
| 2022-12-31 | CN¥2.14 Billion ≈ $313.60 Million |
+239.32% |
| 2021-12-31 | CN¥631.57 Million ≈ $92.42 Million |
+133.73% |
| 2020-12-31 | CN¥270.22 Million ≈ $39.54 Million |
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About SBT Ultrasonic Technology Co. Ltd. A
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