Luoyang Glass Company Limited
Triumph New Energy Company Limited engages in research and development, manufacturing, and sales of new energy materials. The company provides screen printed glass, drilled tempered glass, ultra-clear and ultra-thin photovoltaic glass, rolled photovoltaic coated and tempered glass, rolled photovoltaic glass, original glass, tempered glass, AR coated glass, back glass, double glass component glass… Read more
Luoyang Glass Company Limited (LUOYF) - Total Assets
Latest total assets as of June 2025: $13.63 Billion USD
Based on the latest financial reports, Luoyang Glass Company Limited (LUOYF) holds total assets worth $13.63 Billion USD as of June 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.
Luoyang Glass Company Limited - Total Assets Trend (2013–2024)
This chart illustrates how Luoyang Glass Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luoyang Glass Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Luoyang Glass Company Limited's total assets of $13.63 Billion consist of 26.8% current assets and 73.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $1.03 Billion | 8.4% |
| Inventory | $891.34 Million | 7.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $770.52 Million | 6.3% |
| Goodwill | $17.58 Million | 0.1% |
Asset Composition Trend (2013–2024)
This chart illustrates how Luoyang Glass Company 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: Luoyang Glass Company Limited's current assets represent 26.8% of total assets in 2024, a decrease from 40.3% in 2013.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 10.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, unchanged from 6.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 8.4% of total assets.
Luoyang Glass Company Limited Competitors by Total Assets
Key competitors of Luoyang Glass Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CSG Holding Co Ltd
SHE:000012
|
China | CN¥31.27 Billion |
|
Tangshan Jidong Cement Co Ltd
SHE:000401
|
China | CN¥58.66 Billion |
|
Chosun Refractories Co Ltd
KO:000480
|
Korea | ₩1.60 Trillion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
China | CN¥16.88 Billion |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
China | CN¥15.80 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
China | CN¥289.73 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
China | CN¥2.25 Billion |
|
Tongyang Inc
KO:001525
|
Korea | ₩1.31 Trillion |
Luoyang Glass Company 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
Lower asset utilization - Luoyang Glass Company Limited generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Luoyang Glass Company Limited is currently not profitable relative to its asset base.
Luoyang Glass Company 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 | 0.53 | 0.93 | 0.73 |
| Quick Ratio | 0.39 | 0.74 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.02 Billion | $ -307.23 Million | $ -157.15 Million |
Luoyang Glass Company Limited - Advanced Valuation Insights
This section examines the relationship between Luoyang Glass Company 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 | 0.75 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -1.0% |
| Total Assets | $12.31 Billion |
| Market Capitalization | $179.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luoyang Glass Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Luoyang Glass Company Limited's assets decreased by 1.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Luoyang Glass Company Limited (2013–2024)
The table below shows the annual total assets of Luoyang Glass Company Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.31 Billion | -0.99% |
| 2023-12-31 | $12.43 Billion | +17.62% |
| 2022-12-31 | $10.57 Billion | +14.19% |
| 2021-12-31 | $9.25 Billion | +41.79% |
| 2020-12-31 | $6.53 Billion | +24.52% |
| 2019-12-31 | $5.24 Billion | +281.69% |
| 2017-12-31 | $1.37 Billion | +1.20% |
| 2016-12-31 | $1.36 Billion | +3.26% |
| 2015-12-31 | $1.31 Billion | -25.88% |
| 2014-12-31 | $1.77 Billion | +44.53% |
| 2013-12-31 | $1.23 Billion | -- |