Strong Petrochemical Holdings Limited
Strong Petrochemical Holdings Limited, an investment holding company, trades in commodities. Its commodities include crude oil, petroleum products, petrochemicals, and coal. The company is also involved in the provision of storage, leasing, and other ancillary services for petroleum products and petrochemicals; property investment activities; and installation and maintenance service of solar ener… Read more
Strong Petrochemical Holdings Limited (K20A) - Total Assets
Latest total assets as of June 2024: €1.87 Billion EUR
Based on the latest financial reports, Strong Petrochemical Holdings Limited (K20A) holds total assets worth €1.87 Billion EUR as of June 2024.
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.
Strong Petrochemical Holdings Limited - Total Assets Trend (2013–2023)
This chart illustrates how Strong Petrochemical Holdings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Strong Petrochemical Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Strong Petrochemical Holdings Limited's total assets of €1.87 Billion consist of 50.6% current assets and 49.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 28.8% |
| Accounts Receivable | €196.71 Million | 12.4% |
| Inventory | €9.39 Million | 0.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Strong Petrochemical Holdings Limited'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: Strong Petrochemical Holdings Limited's current assets represent 50.6% of total assets in 2023, a decrease from 91.8% in 2013.
- Cash Position: Cash and equivalents constituted 28.8% of total assets in 2023, up from 5.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 12.4% of total assets.
Strong Petrochemical Holdings Limited Competitors by Total Assets
Key competitors of Strong Petrochemical Holdings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Strong Petrochemical Holdings Limited - 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 - Strong Petrochemical Holdings Limited generates 0.80x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Strong Petrochemical Holdings Limited is currently not profitable relative to its asset base.
Strong Petrochemical Holdings Limited - 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 | 2.94 | 12.71 | 1.74 |
| Quick Ratio | 2.83 | 12.16 | 1.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €586.31 Million | € 661.40 Million | € 1.18 Billion |
Strong Petrochemical Holdings Limited - Advanced Valuation Insights
This section examines the relationship between Strong Petrochemical Holdings Limited'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 | 0.15 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | €1.59 Billion |
| Market Capitalization | $6.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Strong Petrochemical Holdings Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Strong Petrochemical Holdings Limited's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Strong Petrochemical Holdings Limited (2013–2023)
The table below shows the annual total assets of Strong Petrochemical Holdings Limited from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €1.59 Billion | +7.40% |
| 2022-12-31 | €1.48 Billion | -9.20% |
| 2021-12-31 | €1.63 Billion | -6.84% |
| 2020-12-31 | €1.75 Billion | -54.87% |
| 2019-12-31 | €3.87 Billion | +5.73% |
| 2018-12-31 | €3.66 Billion | -2.73% |
| 2017-12-31 | €3.77 Billion | +12.97% |
| 2016-12-31 | €3.33 Billion | +15.38% |
| 2015-12-31 | €2.89 Billion | -33.72% |
| 2014-12-31 | €4.36 Billion | -31.47% |
| 2013-12-31 | €6.36 Billion | -- |