Suzhou Recodeal Interconnect System Co Ltd

SHG:688800 China Electrical Equipment & Parts
Market Cap
$2.44 Billion
CN¥17.88 Billion CNY
Market Cap Rank
#6011 Global
#863 in China
Share Price
CN¥86.92
Change (1 day)
-1.20%
52-Week Range
CN¥37.16 - CN¥105.41
All Time High
CN¥111.86
About

Suzhou Recodeal Interconnect System Co.,Ltd develops, produces, and sells connection systems, microwave components and other products in China and internationally. The company offers energy vehicle connection, communication interconnection, industrial, vehicle communication, CCS, and BUSBAR copper bar systems, as well as cable assembles and wiring harness products. Its products are primarily used… Read more

Suzhou Recodeal Interconnect System Co Ltd (688800) - Total Assets

Latest total assets as of September 2025: CN¥4.71 Billion CNY

Based on the latest financial reports, Suzhou Recodeal Interconnect System Co Ltd (688800) holds total assets worth CN¥4.71 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 Recodeal Interconnect System Co Ltd - Total Assets Trend (2012–2024)

This chart illustrates how Suzhou Recodeal Interconnect System Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Suzhou Recodeal Interconnect System Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Suzhou Recodeal Interconnect System Co Ltd's total assets of CN¥4.71 Billion consist of 69.7% current assets and 30.3% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 23.5%
Accounts Receivable CN¥1.31 Billion 30.4%
Inventory CN¥607.19 Million 14.1%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥113.95 Million 2.6%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2012–2024)

This chart illustrates how Suzhou Recodeal Interconnect System 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: Suzhou Recodeal Interconnect System Co Ltd's current assets represent 69.7% of total assets in 2024, a decrease from 84.4% in 2012.
  • Cash Position: Cash and equivalents constituted 23.5% of total assets in 2024, down from 26.3% in 2012.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2012.
  • Asset Diversification: The largest asset category is accounts receivable at 30.4% of total assets.

Suzhou Recodeal Interconnect System Co Ltd Competitors by Total Assets

Key competitors of Suzhou Recodeal Interconnect System Co Ltd based on total assets are shown below.

Suzhou Recodeal Interconnect System 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

Historical Range: 0.46 - 0.64

Moderate asset utilization - Suzhou Recodeal Interconnect System Co Ltd generates 0.56x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.01% - 9.91%

Moderate ROA - For every $100 in assets, Suzhou Recodeal Interconnect System Co Ltd generates $ 4.06 in net profit.

Suzhou Recodeal Interconnect System 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 1.74 1.72 1.82
Quick Ratio 1.45 1.33 1.52
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.37 Billion CN¥ 1.13 Billion CN¥ 337.65 Million

Suzhou Recodeal Interconnect System Co Ltd - Advanced Valuation Insights

This section examines the relationship between Suzhou Recodeal Interconnect System 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 8.18
Latest Market Cap to Assets Ratio 0.33
Asset Growth Rate (YoY) 26.6%
Total Assets CN¥4.32 Billion
Market Capitalization $1.42 Billion USD

Valuation Analysis

Below Book Valuation: The market values Suzhou Recodeal Interconnect System Co Ltd's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Suzhou Recodeal Interconnect System Co Ltd's assets grew by 26.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Suzhou Recodeal Interconnect System Co Ltd (2012–2024)

The table below shows the annual total assets of Suzhou Recodeal Interconnect System Co Ltd from 2012 to 2024.

Year Total Assets Change
2024-12-31 CN¥4.32 Billion +26.56%
2023-12-31 CN¥3.41 Billion +14.47%
2022-12-31 CN¥2.98 Billion +94.09%
2021-12-31 CN¥1.54 Billion +59.93%
2020-12-31 CN¥960.98 Million +14.67%
2019-12-31 CN¥838.04 Million +2.64%
2018-12-31 CN¥816.50 Million +6.35%
2017-12-31 CN¥767.76 Million +21.04%
2016-12-31 CN¥634.28 Million +70.37%
2015-12-31 CN¥372.29 Million +112.19%
2014-12-31 CN¥175.45 Million +49.81%
2013-12-31 CN¥117.12 Million -6.39%
2012-12-31 CN¥125.11 Million --