Ningbo United Group Co (SHSE:600051) Total Assets: ¥4,551 Mil (As of Mar. 2026)

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SHSE:600051 Ningbo United Group Co Ltd SHSE:600051
47 GF Score
Price ¥5.94
GF Value ¥4.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ningbo United Group Co Total Assets?

Ningbo United Group Co SHSE:600051 -1.82% 47 Total Assets is ¥4,551 Mil as of Mar. 2026. GuruFocus rates SHSE:600051 with a GF Score™ of 47/100 and a GF Value™ of ¥4.24 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Ningbo United Group Co's Total Assets for the quarter that ended in Mar. 2026 was ¥4,551 Mil.

During the past 12 months, Ningbo United Group Co's average Total Assets Growth Rate was -12.20% per year. During the past 3 years, the average Total Assets Growth Rate was -10.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.50% per year. During the past 10 years, the average Total Assets Growth Rate was -6.90% per year.

During the past 13 years, Ningbo United Group Co's highest 3-Year average Total Assets Growth Rate was 29.20%. The lowest was -11.10%. And the median was 7.30%.

Total Assets is connected with ROA %. Ningbo United Group Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.48%. Total Assets is also linked to Revenue through Asset Turnover. Ningbo United Group Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.


Ningbo United Group Co  (SHSE:600051) Total Assets Explanation

Total Assets is connected with ROA %.

Ningbo United Group Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=21.564/( (4500.398+4551.45)/ 2 )
=21.564/4525.924
=0.48 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ningbo United Group Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=149.042/( (4500.398+4551.45)/ 2 )
=149.042/4525.924
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ningbo United Group Co Total Assets Related Terms


Ningbo United Group Co Total Assets Historical Data

* Premium members only.

The historical data trend for Ningbo United Group Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ningbo United Group Co Total Assets Chart

Ningbo United Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,109.76 6,412.78 5,548.84 5,214.07 4,500.40

Ningbo United Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,096.14 4,780.73 4,871.38 4,500.40 4,551.45
SHSE:600051
47GF Score
Ningbo United Group Co Ltd SHSE:600051
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo United Group Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ningbo United Group Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=3710.846+789.553
=4,500

Ningbo United Group Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=3713.47+837.979
=4,551

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ¥4,551 Mil mean?
Ningbo United Group Co (SHSE:600051) has a Total Assets of ¥4,551 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo United Group Co and its competitors.
Is Ningbo United Group Co's Total Assets too high?
Ningbo United Group Co's current Total Assets is ¥4,551 Mil. Overall, Ningbo United Group Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Total Assets compare to GWW and FAST?
Ningbo United Group Co's Total Assets of ¥4,551 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Distribution company?
A good Total Assets depends on the Industrial Distribution industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo United Group Co and its competitors. Ningbo United Group Co's current Total Assets is ¥4,551 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.24, compared to a current price of ¥5.94 — trading 40.1% above its estimated fair value. The current Total Assets is ¥4,551 Mil. Ningbo United Group Co's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ningbo United Group Co (SHSE:600051), the current Total Assets is ¥4,551 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ningbo United Group Co (SHSE:600051) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued. The current stock price of ¥5.94 is trading 40.1% above its estimated GF Value™ of ¥4.24. GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600051:

  • Total Assets: ¥4,551 Mil
  • GF Value™: ¥4.24 vs. price of ¥5.94 (40.1% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo United Group Co Business Description

Address United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
47GF Score

Get the complete analysis for SHSE:600051

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.94
Price
¥4.24
GF Value