Shenyang Fortune Precision Equipment Co. Ltd. A Total Assets
Shenyang Fortune Precision Equipment Co. Ltd. A total assets. Based on the latest financial reports, Shenyang Fortune Precision Equipment Co. Ltd. A (688409) holds total assets worth CN¥9.06 Billion CNY (≈ $1.33 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 Shenyang Fortune Precision Equipment Co. for the company's overall valuation and market capitalisation.
Total Assets of Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)
Total assets of Shenyang Fortune Precision Equipment Co. Ltd. A from 2020 to 2024. This chart illustrates how Shenyang Fortune Precision Equipment Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See 688409 stock price and chart for real-time trading data and today's change.
Shenyang Fortune Precision Equipment Co. Ltd. A - Asset Composition Analysis
Shenyang Fortune Precision Equipment Co. Ltd. A Total Assets Breakdown (December 2024)
Shenyang Fortune Precision Equipment Co. Ltd. A total assets breakdown as of December 2024. Shenyang Fortune Precision Equipment Co. Ltd. A's total assets of CN¥9.06 Billion consist of 44.6% current assets and 55.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.3% |
| Accounts Receivable | CN¥1.20 Billion | 14.3% |
| Inventory | CN¥899.86 Million | 10.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥153.71 Million | 1.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Shenyang Fortune Precision Equipment 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 688409 working capital 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: Shenyang Fortune Precision Equipment Co. Ltd. A's current assets represent 44.6% of total assets in 2024, an increase from 41.5% in 2020.
- Cash Position: Cash and equivalents constituted 15.3% of total assets in 2024, down from 21.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 5.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 14.3% of total assets.
Shenyang Fortune Precision Equipment Co. Ltd. A Competitors by Total Assets
Key competitors of Shenyang Fortune Precision Equipment Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mueller Industries Inc
NYSE:MLI
|
USA | $4.26 Billion |
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Proto Labs Inc
NYSE:PRLB
|
USA | $791.30 Million |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123
|
China | CN¥8.98 Billion |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
China | CN¥5.13 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Century Iron And Steel Industrial Co Ltd
TW:9958
|
Taiwan | NT$40.84 Billion |
Shenyang Fortune Precision Equipment 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 | 1.59 | 3.27 | 4.69 |
| Quick Ratio | 1.18 | 2.58 | 3.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.41 Billion | CN¥2.72 Billion | CN¥3.40 Billion |
Shenyang Fortune Precision Equipment Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Shenyang Fortune Precision Equipment 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 | 6.48 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 10.1% |
| Total Assets | CN¥8.36 Billion |
| Market Capitalization | $4.51 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shenyang Fortune Precision Equipment Co. Ltd. A's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shenyang Fortune Precision Equipment Co. Ltd. A's assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Shenyang Fortune Precision Equipment Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.36 Billion ≈ $1.22 Billion |
+10.10% |
| 2023-12-31 | CN¥7.59 Billion ≈ $1.11 Billion |
+14.30% |
| 2022-12-31 | CN¥6.64 Billion ≈ $971.71 Million |
+167.05% |
| 2021-12-31 | CN¥2.49 Billion ≈ $363.87 Million |
+70.41% |
| 2020-12-31 | CN¥1.46 Billion ≈ $213.52 Million |
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About Shenyang Fortune Precision Equipment Co. Ltd. A
Shenyang Fortune Precision Equipment Co., Ltd. researches, develops, manufactures, and sells semiconductor equipment precision parts and components in China and internationally. It provides process and structural components, module products, and gas pipelines products that are used in semiconductor equipment, such as etching, thin film deposition, photolithography and glue coating development, ch… Read more