Suzhou Veichi Electric Co. Ltd. A
Suzhou Veichi Electric Co., Ltd. engages in the research and development, procurement, production, and sale of industrial automation control products in China and internationally. The company offers long voltage drives, Servo systems, PLC, HMI, medium voltage drives, multi-motor drives, four-quadrant inverters, VFD accessories, and robot core components; and industrial robot products, such as six… Read more
Suzhou Veichi Electric Co. Ltd. A (688698) - Total Assets
Latest total assets as of September 2025: CN¥3.64 Billion CNY
Based on the latest financial reports, Suzhou Veichi Electric Co. Ltd. A (688698) holds total assets worth CN¥3.64 Billion 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.
Suzhou Veichi Electric Co. Ltd. A - Total Assets Trend (2017–2024)
This chart illustrates how Suzhou Veichi Electric Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Suzhou Veichi Electric Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Veichi Electric Co. Ltd. A's total assets of CN¥3.64 Billion consist of 54.1% current assets and 46.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.4% |
| Accounts Receivable | CN¥899.41 Million | 29.3% |
| Inventory | CN¥302.87 Million | 9.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥42.13 Million | 1.4% |
| Goodwill | CN¥495.75K | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Suzhou Veichi Electric 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suzhou Veichi Electric Co. Ltd. A's current assets represent 54.1% of total assets in 2024, a decrease from 74.9% in 2017.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, up from 4.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 29.3% of total assets.
Suzhou Veichi Electric Co. Ltd. A Competitors by Total Assets
Key competitors of Suzhou Veichi Electric Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Suzhou Veichi Electric Co. Ltd. A - 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
Moderate asset utilization - Suzhou Veichi Electric Co. Ltd. A generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Suzhou Veichi Electric Co. Ltd. A generates $7.97 in net profit.
Suzhou Veichi Electric 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 | 2.12 | 2.05 | 3.22 |
| Quick Ratio | 1.78 | 1.60 | 2.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.39 Billion | CN¥ 799.00 Million | CN¥ 664.14 Million |
Suzhou Veichi Electric Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Suzhou Veichi Electric 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 | 8.11 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 20.8% |
| Total Assets | CN¥3.07 Billion |
| Market Capitalization | $881.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Veichi Electric Co. Ltd. A's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Suzhou Veichi Electric Co. Ltd. A's assets grew by 20.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Suzhou Veichi Electric Co. Ltd. A (2017–2024)
The table below shows the annual total assets of Suzhou Veichi Electric Co. Ltd. A from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.07 Billion | +20.82% |
| 2023-12-31 | CN¥2.54 Billion | +72.91% |
| 2022-12-31 | CN¥1.47 Billion | +15.99% |
| 2021-12-31 | CN¥1.27 Billion | +17.95% |
| 2020-12-31 | CN¥1.08 Billion | +138.25% |
| 2019-12-31 | CN¥451.42 Million | +8.35% |
| 2018-12-31 | CN¥416.63 Million | +10.06% |
| 2017-12-31 | CN¥378.54 Million | -- |