---
title: "Chengdu SIWI Posts Slight Asset Growth on Higher Receivables and Inventories in 2025"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/280516473.md"
description: "Chengdu SIWI Science and Technology Company Limited reported a slight increase in total assets to RMB1.04 billion for the year ended December 31, 2025, up from RMB1.00 billion. This growth was attributed to higher receivables financing and inventories, despite a decline in cash and bank balances. Current assets rose to RMB798.75 million, while non-current assets slightly decreased to RMB238.11 million. The company maintains a stable operational footprint, supporting ongoing production capacity. The latest analyst rating for Chengdu Putian Telecommunications Cable Co., Ltd. (HK:1202) is a Hold with a price target of HK$1.00."
datetime: "2026-03-25T15:22:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280516473.md)
  - [en](https://longbridge.com/en/news/280516473.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280516473.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/280516473.md) | [English](https://longbridge.com/en/news/280516473.md)


# Chengdu SIWI Posts Slight Asset Growth on Higher Receivables and Inventories in 2025

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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) has shared an announcement.

Chengdu SIWI Science and Technology Company Limited reported its audited consolidated results for the year ended 31 December 2025, showing total assets of RMB1.04 billion, slightly higher than the prior year’s RMB1.00 billion, driven by growth in receivables financing and inventories despite a decline in cash and bank balances. The company’s non-current asset base, including investment properties, fixed assets and intangible assets, remained broadly stable, suggesting continued capital intensity and a steady operational footprint, which may support ongoing production capacity and longer-term stability for stakeholders.

The balance sheet shows current assets increasing to RMB798.75 million from RMB762.45 million, reflecting higher receivables financing and inventories that could signal expanding business activity or longer cash-conversion cycles. Non-current assets edged down marginally to RMB238.11 million from RMB242.27 million, as declines in fixed and intangible assets were partly offset by investment property and other long-term holdings, indicating modest asset reallocation rather than a significant strategic shift.

The most recent analyst rating on (HK:1202) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Chengdu Putian Telecommunications Cable Co., Ltd. Class H stock, see the HK:1202 Stock Forecast page.

**More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H**

Chengdu SIWI Science and Technology Company Limited is a sino-foreign joint stock company based in the People’s Republic of China and listed in Hong Kong. The group operates in the technology and industrial sector, with activities supported by significant holdings in fixed assets, investment properties and intangible assets, indicating a focus on manufacturing or technology-related products and services.

**Average Trading Volume:** 518,153

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$460M

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