Neway CNC Equipment Suzhou Co Ltd (688697) - Total Assets
Based on the latest financial reports, Neway CNC Equipment Suzhou Co Ltd (688697) holds total assets worth CN¥4.48 Billion CNY (≈ $655.51 Million 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. Explore 688697 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Neway CNC Equipment Suzhou Co Ltd - Total Assets Trend (2017–2025)
This chart illustrates how Neway CNC Equipment Suzhou Co Ltd's total assets have evolved over time, based on quarterly financial data. See Neway CNC Equipment Suzhou Co Ltd (688697) shareholders funds for net asset value and shareholders' equity analysis.
Neway CNC Equipment Suzhou Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Neway CNC Equipment Suzhou Co Ltd's total assets of CN¥4.48 Billion consist of 80.3% current assets and 19.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.6% |
| Accounts Receivable | CN¥451.64 Million | 10.0% |
| Inventory | CN¥1.18 Billion | 26.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥81.30 Million | 1.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Neway CNC Equipment Suzhou 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 Neway CNC Equipment Suzhou Co Ltd (688697) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Neway CNC Equipment Suzhou Co Ltd's current assets represent 80.3% of total assets in 2025, an increase from 74.8% in 2017.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, up from 4.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 26.1% of total assets.
Neway CNC Equipment Suzhou Co Ltd Competitors by Total Assets
Key competitors of Neway CNC Equipment Suzhou 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 |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
China | CN¥10.81 Billion |
Neway CNC Equipment Suzhou 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 | 1.42 | 1.48 | 1.17 |
| Quick Ratio | 0.92 | 1.00 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.06 Billion | CN¥1.04 Billion | CN¥255.43 Million |
Neway CNC Equipment Suzhou Co Ltd - Advanced Valuation Insights
This section examines the relationship between Neway CNC Equipment Suzhou 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 | 5.16 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 14.8% |
| Total Assets | CN¥4.53 Billion |
| Market Capitalization | $1.24 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Neway CNC Equipment Suzhou Co Ltd's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Neway CNC Equipment Suzhou Co Ltd's assets grew by 14.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Neway CNC Equipment Suzhou Co Ltd (2017–2025)
The table below shows the annual total assets of Neway CNC Equipment Suzhou Co Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.53 Billion ≈ $662.63 Million |
+14.79% |
| 2024-12-31 | CN¥3.94 Billion ≈ $577.25 Million |
+8.00% |
| 2023-12-31 | CN¥3.65 Billion ≈ $534.52 Million |
+12.41% |
| 2022-12-31 | CN¥3.25 Billion ≈ $475.52 Million |
+14.73% |
| 2021-12-31 | CN¥2.83 Billion ≈ $414.47 Million |
+65.40% |
| 2020-12-31 | CN¥1.71 Billion ≈ $250.59 Million |
+20.07% |
| 2019-12-31 | CN¥1.43 Billion ≈ $208.70 Million |
-14.45% |
| 2018-12-31 | CN¥1.67 Billion ≈ $243.94 Million |
+36.90% |
| 2017-12-31 | CN¥1.22 Billion ≈ $178.18 Million |
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About Neway CNC Equipment Suzhou Co Ltd
Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sale of CNC machine tools in China. It offers slant bed, flat bed, and vertical CNC lathes; vertical and horizontal machinery center products; double column machining center products; and CNC boring machines. The company's products are primarily used in automotive, new energy, aviation, construction ma… Read more