Ninebot Ltd
Ninebot Limited engages in the design, research and development, production, sale, and servicing of transportation and robot products worldwide. Its products include electric balance car, electric scooter, electric two-wheeled vehicle, all-terrain vehicle, service robots, and E-bikes. The company was founded in 1999 and is based in Beijing, China.
Ninebot Ltd (689009) - Total Assets
Latest total assets as of June 2025: CN¥19.62 Billion CNY
Based on the latest financial reports, Ninebot Ltd (689009) holds total assets worth CN¥19.62 Billion CNY as of June 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.
Ninebot Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Ninebot Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ninebot Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ninebot Ltd's total assets of CN¥19.62 Billion consist of 79.1% current assets and 20.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 47.7% |
| Accounts Receivable | CN¥1.07 Billion | 6.8% |
| Inventory | CN¥1.84 Billion | 11.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥894.05 Million | 5.7% |
| Goodwill | CN¥137.69 Million | 0.9% |
Asset Composition Trend (2017–2024)
This chart illustrates how Ninebot 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: Ninebot Ltd's current assets represent 79.1% of total assets in 2024, an increase from 76.3% in 2017.
- Cash Position: Cash and equivalents constituted 47.7% of total assets in 2024, up from 20.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 19.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 11.7% of total assets.
Ninebot Ltd Competitors by Total Assets
Key competitors of Ninebot Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Ninebot 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
Strong asset utilization - Ninebot Ltd generates 0.91x 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, Ninebot Ltd generates $6.91 in net profit.
Ninebot 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 | 1.27 | 1.40 | 1.49 |
| Quick Ratio | 1.11 | 1.21 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.29 Billion | CN¥ 2.88 Billion | CN¥ 1.52 Billion |
Ninebot Ltd - Advanced Valuation Insights
This section examines the relationship between Ninebot 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 | 5.79 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 44.5% |
| Total Assets | CN¥15.68 Billion |
| Market Capitalization | $308.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ninebot Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ninebot Ltd's assets grew by 44.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ninebot Ltd (2017–2024)
The table below shows the annual total assets of Ninebot Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.68 Billion | +44.50% |
| 2023-12-31 | CN¥10.85 Billion | +15.50% |
| 2022-12-31 | CN¥9.39 Billion | +22.43% |
| 2021-12-31 | CN¥7.67 Billion | +17.00% |
| 2020-12-31 | CN¥6.56 Billion | +98.16% |
| 2019-12-31 | CN¥3.31 Billion | -10.45% |
| 2018-12-31 | CN¥3.70 Billion | +89.32% |
| 2017-12-31 | CN¥1.95 Billion | -- |