Qingdao Gaoce Technology Co Ltd (688556) - Total Assets
Based on the latest financial reports, Qingdao Gaoce Technology Co Ltd (688556) holds total assets worth CN¥7.25 Billion CNY (≈ $1.06 Billion USD) as of March 2026. 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. Check total reinvestment intensity of Qingdao Gaoce Technology Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
Qingdao Gaoce Technology Co Ltd - Total Assets Trend (2013–2025)
This chart illustrates how Qingdao Gaoce Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Qingdao Gaoce Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.
Qingdao Gaoce Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Qingdao Gaoce Technology Co Ltd's total assets of CN¥7.25 Billion consist of 63.0% current assets and 37.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.0% |
| Accounts Receivable | CN¥1.98 Billion | 26.0% |
| Inventory | CN¥1.04 Billion | 13.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥50.85 Million | 0.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Qingdao Gaoce 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. For live market cap, price, and company overview, see market cap of Qingdao Gaoce Technology Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Gaoce Technology Co Ltd's current assets represent 63.0% of total assets in 2025, a decrease from 75.3% in 2013.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2025, up from 4.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 26.0% of total assets.
Qingdao Gaoce Technology Co Ltd Competitors by Total Assets
Key competitors of Qingdao Gaoce Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
Qingdao Gaoce 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 | 2.56 | 2.30 | 1.37 |
| Quick Ratio | 1.93 | 1.97 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.75 Billion | CN¥2.60 Billion | CN¥522.63 Million |
Qingdao Gaoce Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Gaoce 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 | 2.46 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | CN¥7.59 Billion |
| Market Capitalization | $1.48 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Gaoce Technology Co Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Qingdao Gaoce Technology Co Ltd's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Qingdao Gaoce Technology Co Ltd (2013–2025)
The table below shows the annual total assets of Qingdao Gaoce Technology Co Ltd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.59 Billion ≈ $1.11 Billion |
-2.10% |
| 2024-12-31 | CN¥7.75 Billion ≈ $1.13 Billion |
-20.72% |
| 2023-12-31 | CN¥9.78 Billion ≈ $1.43 Billion |
+73.18% |
| 2022-12-31 | CN¥5.65 Billion ≈ $826.24 Million |
+74.54% |
| 2021-12-31 | CN¥3.23 Billion ≈ $473.37 Million |
+68.55% |
| 2020-12-31 | CN¥1.92 Billion ≈ $280.84 Million |
+32.76% |
| 2019-12-31 | CN¥1.45 Billion ≈ $211.54 Million |
+76.11% |
| 2018-12-31 | CN¥820.86 Million ≈ $120.12 Million |
+30.70% |
| 2017-12-31 | CN¥628.04 Million ≈ $91.90 Million |
+129.73% |
| 2016-12-31 | CN¥273.38 Million ≈ $40.00 Million |
+191.36% |
| 2015-12-31 | CN¥93.83 Million ≈ $13.73 Million |
-1.51% |
| 2014-12-31 | CN¥95.27 Million ≈ $13.94 Million |
+23.99% |
| 2013-12-31 | CN¥76.84 Million ≈ $11.24 Million |
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About Qingdao Gaoce Technology Co Ltd
Qingdao Gaoce Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of cutting equipment and consumables in China and internationally. It offers photovoltaic cutting equipment, including slicer wire guide roller grooving machine, diamond wire crystal silicon slicer, and monocrystal cropper, squarer, and grinder, as well as monocrystal squ… Read more