Chengdu Qinchuan IoT Technology Co Ltd
Chengdu Qinchuan IoT Technology Co.Ltd. engages in the research and development, manufacturing, sale, and servicing of Internet of Things (IoT) and smart cities solutions in China and internationally. It offers smart sensors and related components; diaphragm gas, IoT smart gas, industrial and commercial gas, IoT smart water, and IC card smart gas meters; and home combustible gas detectors. The co… Read more
Chengdu Qinchuan IoT Technology Co Ltd (688528) - Total Assets
Latest total assets as of September 2025: CN¥850.85 Million CNY
Based on the latest financial reports, Chengdu Qinchuan IoT Technology Co Ltd (688528) holds total assets worth CN¥850.85 Million CNY 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.
Chengdu Qinchuan IoT Technology Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Chengdu Qinchuan IoT Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chengdu Qinchuan IoT Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Chengdu Qinchuan IoT Technology Co Ltd's total assets of CN¥850.85 Million consist of 46.3% current assets and 53.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.6% |
| Accounts Receivable | CN¥248.85 Million | 27.4% |
| Inventory | CN¥71.21 Million | 7.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥35.17 Million | 3.9% |
| Goodwill | CN¥4.96 Million | 0.6% |
Asset Composition Trend (2016–2024)
This chart illustrates how Chengdu Qinchuan IoT Technology 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Chengdu Qinchuan IoT Technology Co Ltd's current assets represent 46.3% of total assets in 2024, a decrease from 66.4% in 2016.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, down from 12.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 27.4% of total assets.
Chengdu Qinchuan IoT Technology Co Ltd Competitors by Total Assets
Key competitors of Chengdu Qinchuan IoT Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Chengdu Qinchuan IoT Technology Co Ltd - 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
Lower asset utilization - Chengdu Qinchuan IoT Technology Co Ltd generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Chengdu Qinchuan IoT Technology Co Ltd is currently not profitable relative to its asset base.
Chengdu Qinchuan IoT Technology 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 | 1.39 | 1.47 | 3.07 |
| Quick Ratio | 1.15 | 1.22 | 2.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥107.38 Million | CN¥ 137.29 Million | CN¥ 476.02 Million |
Chengdu Qinchuan IoT Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Chengdu Qinchuan IoT Technology 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 | 4.15 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | CN¥908.00 Million |
| Market Capitalization | $74.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chengdu Qinchuan IoT Technology Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Chengdu Qinchuan IoT Technology Co Ltd's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Chengdu Qinchuan IoT Technology Co Ltd (2016–2024)
The table below shows the annual total assets of Chengdu Qinchuan IoT Technology Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥908.00 Million | -10.45% |
| 2023-12-31 | CN¥1.01 Billion | -2.80% |
| 2022-12-31 | CN¥1.04 Billion | +5.32% |
| 2021-12-31 | CN¥990.49 Million | +0.02% |
| 2020-12-31 | CN¥990.28 Million | +108.76% |
| 2019-12-31 | CN¥474.35 Million | +21.21% |
| 2018-12-31 | CN¥391.35 Million | +43.55% |
| 2017-12-31 | CN¥272.63 Million | +24.79% |
| 2016-12-31 | CN¥218.46 Million | -- |