Race Eco Chain Limited
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and ot… Read more
Race Eco Chain Limited (RACE) - Total Assets
Latest total assets as of September 2025: ₹2.02 Billion INR
Based on the latest financial reports, Race Eco Chain Limited (RACE) holds total assets worth ₹2.02 Billion INR 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.
Race Eco Chain Limited - Total Assets Trend (2009–2025)
This chart illustrates how Race Eco Chain Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Race Eco Chain Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Race Eco Chain Limited's total assets of ₹2.02 Billion consist of 77.3% current assets and 22.7% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 2.9% |
| Accounts Receivable | ₹1.19 Billion | 65.5% |
| Inventory | ₹12.40 Million | 0.7% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹303.00K | 0.0% |
| Goodwill | ₹125.00K | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how Race Eco Chain 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: Race Eco Chain Limited's current assets represent 77.3% of total assets in 2025, a decrease from 87.4% in 2009.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2025, up from 0.2% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 65.5% of total assets.
Race Eco Chain Limited Competitors by Total Assets
Key competitors of Race Eco Chain Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Race Eco Chain 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 - Race Eco Chain Limited generates 3.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Race Eco Chain Limited generates $ 2.14 in net profit.
Race Eco Chain 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 | 1.34 | 2.58 | 1.62 |
| Quick Ratio | 1.31 | 2.55 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹385.59 Million | ₹ 552.51 Million | ₹ 71.67 Million |
Race Eco Chain Limited - Advanced Valuation Insights
This section examines the relationship between Race Eco Chain 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 | 2.62 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 119.8% |
| Total Assets | ₹1.82 Billion |
| Market Capitalization | $7.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Race Eco Chain Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Race Eco Chain Limited's assets grew by 119.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Race Eco Chain Limited (2009–2025)
The table below shows the annual total assets of Race Eco Chain Limited from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.82 Billion | +119.79% |
| 2024-03-31 | ₹829.61 Million | +68.69% |
| 2023-03-31 | ₹491.80 Million | +46.09% |
| 2022-03-31 | ₹336.65 Million | +4.61% |
| 2021-03-31 | ₹321.80 Million | +19.71% |
| 2020-03-31 | ₹268.82 Million | -23.72% |
| 2019-03-31 | ₹352.43 Million | -8.92% |
| 2018-03-31 | ₹386.94 Million | +60.61% |
| 2017-03-31 | ₹240.91 Million | -22.26% |
| 2016-03-31 | ₹309.89 Million | +27.11% |
| 2015-03-31 | ₹243.80 Million | -7.42% |
| 2014-03-31 | ₹263.34 Million | +35.79% |
| 2013-03-31 | ₹193.93 Million | -3.39% |
| 2012-03-31 | ₹200.73 Million | +151.47% |
| 2011-03-31 | ₹79.82 Million | -51.90% |
| 2010-03-31 | ₹165.94 Million | -9.43% |
| 2009-03-31 | ₹183.22 Million | -- |