Flat Glass Group Co. Ltd
Flat Glass Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of glass products in the People's Republic of China, the rest of Asia, Europe, North America, and internationally. It operates through PV Glass, Household Glass, Architectural Glass, Float Glass, Mining Products, Electricity Generation Revenue, and Other Business segments. The company is also involved … Read more
Flat Glass Group Co. Ltd (FGSGF) - Total Assets
Latest total assets as of September 2025: $41.89 Billion USD
Based on the latest financial reports, Flat Glass Group Co. Ltd (FGSGF) holds total assets worth $41.89 Billion USD 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.
Flat Glass Group Co. Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Flat Glass Group Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flat Glass Group Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Flat Glass Group Co. Ltd's total assets of $41.89 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.3% |
| Accounts Receivable | $5.30 Billion | 12.4% |
| Inventory | $1.73 Billion | 4.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $848.33 Million | 2.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Flat Glass Group Co. 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: Flat Glass Group Co. Ltd's current assets represent 32.3% of total assets in 2024, a decrease from 37.0% in 2012.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, up from 3.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 12.4% of total assets.
Flat Glass Group Co. Ltd Competitors by Total Assets
Key competitors of Flat Glass Group Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Flat Glass Group Co. 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
Moderate asset utilization - Flat Glass Group Co. Ltd generates 0.44x 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, Flat Glass Group Co. Ltd generates $ 2.35 in net profit.
Flat Glass Group Co. 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 | 1.85 | 1.70 | 1.67 |
| Quick Ratio | 1.67 | 1.46 | 1.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.73 Billion | $ 6.36 Billion | $ 2.24 Billion |
Flat Glass Group Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Flat Glass Group Co. 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 | 1.15 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $42.92 Billion |
| Market Capitalization | $1.49 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Flat Glass Group Co. Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Flat Glass Group Co. Ltd's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Flat Glass Group Co. Ltd (2012–2024)
The table below shows the annual total assets of Flat Glass Group Co. Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $42.92 Billion | -0.14% |
| 2023-12-31 | $42.98 Billion | +32.74% |
| 2022-12-31 | $32.38 Billion | +61.24% |
| 2021-12-31 | $20.08 Billion | +63.73% |
| 2020-12-31 | $12.27 Billion | +30.59% |
| 2019-12-31 | $9.39 Billion | +35.07% |
| 2018-12-31 | $6.95 Billion | +16.76% |
| 2017-12-31 | $5.96 Billion | +33.33% |
| 2016-12-31 | $4.47 Billion | -4.71% |
| 2015-12-31 | $4.69 Billion | +14.21% |
| 2014-12-31 | $4.10 Billion | +3.84% |
| 2013-12-31 | $3.95 Billion | +8.46% |
| 2012-12-31 | $3.64 Billion | -- |