JinGuan Electric Co Ltd (688517) - Total Assets
Based on the latest financial reports, JinGuan Electric Co Ltd (688517) holds total assets worth CN¥1.34 Billion CNY (≈ $195.38 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. Explore 688517 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
JinGuan Electric Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how JinGuan Electric Co Ltd's total assets have evolved over time, based on quarterly financial data. See net assets of JinGuan Electric Co Ltd for net asset value and shareholders' equity analysis.
JinGuan Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
JinGuan Electric Co Ltd's total assets of CN¥1.34 Billion consist of 77.2% current assets and 22.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.3% |
| Accounts Receivable | CN¥438.09 Million | 34.2% |
| Inventory | CN¥99.82 Million | 7.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥50.63 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how JinGuan Electric Co Ltd'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 688517 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: JinGuan Electric Co Ltd's current assets represent 77.2% of total assets in 2024, a decrease from 88.0% in 2017.
- Cash Position: Cash and equivalents constituted 32.3% of total assets in 2024, down from 34.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 34.2% of total assets.
JinGuan Electric Co Ltd Competitors by Total Assets
Key competitors of JinGuan Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩533.17 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.27 Billion |
|
Gotion High tech Co Ltd
SHE:002074
|
China | CN¥133.41 Billion |
|
Dongil Technology Ltd
KQ:032960
|
Korea | ₩71.52 Billion |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
|
China | CN¥12.90 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
China | CN¥2.40 Billion |
|
Electrovaya Inc.
TO:ELVA
|
Canada | CA$99.75 Million |
JinGuan Electric Co Ltd - 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 | 2.05 | 2.07 | 1.90 |
| Quick Ratio | 1.85 | 1.81 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥526.47 Million | CN¥498.72 Million | CN¥338.98 Million |
JinGuan Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between JinGuan Electric Co Ltd'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 | 2.65 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 0.4% |
| Total Assets | CN¥1.28 Billion |
| Market Capitalization | $312.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values JinGuan Electric Co Ltd's assets below their book value (0.24x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: JinGuan Electric Co Ltd's assets grew by 0.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for JinGuan Electric Co Ltd (2017–2024)
The table below shows the annual total assets of JinGuan Electric Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion ≈ $187.47 Million |
+0.36% |
| 2023-12-31 | CN¥1.28 Billion ≈ $186.80 Million |
+5.55% |
| 2022-12-31 | CN¥1.21 Billion ≈ $176.97 Million |
+14.46% |
| 2021-12-31 | CN¥1.06 Billion ≈ $154.61 Million |
+23.49% |
| 2020-12-31 | CN¥855.59 Million ≈ $125.20 Million |
+6.05% |
| 2019-12-31 | CN¥806.77 Million ≈ $118.06 Million |
-4.17% |
| 2018-12-31 | CN¥841.90 Million ≈ $123.20 Million |
+5.60% |
| 2017-12-31 | CN¥797.28 Million ≈ $116.67 Million |
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About JinGuan Electric Co Ltd
Jinguan Electric Co., Ltd. engages in the research and development, and manufacture of lightning arresters in China. Its products primarily include metal oxide arresters, pole-mounted switches, transformers, intelligent high-voltage switchgears, primary and secondary fusion ring network cabinets, and primary and secondary fusion column switches, etc. The company provides its products for the cons… Read more