Zhongfu Straits Pingtan Development Co Ltd
Zhongfu Straits (Pingtan) Development Company Limited engages in the afforestation and forest management in China. It is also involved in processing and sale of forest products, such as medium- and high-density fiberboard; trade of agricultural products, including tobacco fertilizers, timber, pulp, and paper pulp; and seedling cultivation and tree planting, as well as the sale of seedling product… Read more
Zhongfu Straits Pingtan Development Co Ltd (000592) - Total Assets
Latest total assets as of September 2025: CN¥3.30 Billion CNY
Based on the latest financial reports, Zhongfu Straits Pingtan Development Co Ltd (000592) holds total assets worth CN¥3.30 Billion CNY 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.
Zhongfu Straits Pingtan Development Co Ltd - Total Assets Trend (1992–2024)
This chart illustrates how Zhongfu Straits Pingtan Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhongfu Straits Pingtan Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhongfu Straits Pingtan Development Co Ltd's total assets of CN¥3.30 Billion consist of 81.1% current assets and 18.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.6% |
| Accounts Receivable | CN¥301.95 Million | 8.1% |
| Inventory | CN¥1.73 Billion | 46.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥96.70 Million | 2.6% |
| Goodwill | CN¥3.01 Million | 0.1% |
Asset Composition Trend (1992–2024)
This chart illustrates how Zhongfu Straits Pingtan Development 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: Zhongfu Straits Pingtan Development Co Ltd's current assets represent 81.1% of total assets in 2024, a decrease from 92.2% in 1992.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, up from 0.0% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is inventory at 46.5% of total assets.
Zhongfu Straits Pingtan Development Co Ltd Competitors by Total Assets
Key competitors of Zhongfu Straits Pingtan Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungchang Hold
KO:000180
|
Korea | ₩709.18 Billion |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
China | CN¥1.47 Billion |
|
Dare Technology Co Ltd
SHE:000910
|
China | CN¥9.75 Billion |
|
Dehua TB New Decoration Material Co Ltd
SHE:002043
|
China | CN¥5.71 Billion |
|
Fujian Jinsen Forestry Co Ltd
SHE:002679
|
China | CN¥1.95 Billion |
|
Sun&L Co Ltd
KO:002820
|
Korea | ₩481.80 Billion |
|
Eagon Ind
KO:008250
|
Korea | ₩409.89 Billion |
|
Kanger International Bhd
KLSE:0170
|
Malaysia | RM250.61 Million |
Zhongfu Straits Pingtan Development 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 - Zhongfu Straits Pingtan Development Co Ltd generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhongfu Straits Pingtan Development Co Ltd is currently not profitable relative to its asset base.
Zhongfu Straits Pingtan Development 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 | 2.01 | 1.84 | 2.53 |
| Quick Ratio | 0.97 | 0.83 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.32 Billion | CN¥ 1.34 Billion | CN¥ 2.52 Billion |
Zhongfu Straits Pingtan Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhongfu Straits Pingtan Development 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 | 10.68 |
| Latest Market Cap to Assets Ratio | 0.60 |
| Asset Growth Rate (YoY) | -10.1% |
| Total Assets | CN¥3.71 Billion |
| Market Capitalization | $2.22 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhongfu Straits Pingtan Development Co Ltd's assets below their book value (0.60 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhongfu Straits Pingtan Development Co Ltd's assets decreased by 10.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhongfu Straits Pingtan Development Co Ltd (1992–2024)
The table below shows the annual total assets of Zhongfu Straits Pingtan Development Co Ltd from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.71 Billion | -10.06% |
| 2023-12-31 | CN¥4.13 Billion | +0.48% |
| 2022-12-31 | CN¥4.11 Billion | -1.23% |
| 2021-12-31 | CN¥4.16 Billion | -15.78% |
| 2020-12-31 | CN¥4.94 Billion | +16.11% |
| 2019-12-31 | CN¥4.25 Billion | -1.23% |
| 2018-12-31 | CN¥4.30 Billion | -0.94% |
| 2017-12-31 | CN¥4.34 Billion | +4.18% |
| 2016-12-31 | CN¥4.17 Billion | +9.81% |
| 2015-12-31 | CN¥3.80 Billion | +77.03% |
| 2014-12-31 | CN¥2.15 Billion | +17.43% |
| 2013-12-31 | CN¥1.83 Billion | +0.09% |
| 2012-12-31 | CN¥1.83 Billion | +0.14% |
| 2011-12-31 | CN¥1.82 Billion | -5.41% |
| 2010-12-31 | CN¥1.93 Billion | +79.60% |
| 2009-12-31 | CN¥1.07 Billion | +11.47% |
| 2008-12-31 | CN¥962.45 Million | +445.09% |
| 2007-12-31 | CN¥176.56 Million | -34.47% |
| 2006-12-31 | CN¥269.44 Million | +6.47% |
| 2005-12-31 | CN¥253.07 Million | -50.28% |
| 2004-12-31 | CN¥508.94 Million | -26.52% |
| 2003-12-31 | CN¥692.62 Million | -23.77% |
| 2002-12-31 | CN¥908.55 Million | -22.40% |
| 2001-12-31 | CN¥1.17 Billion | +30.18% |
| 2000-12-31 | CN¥899.42 Million | +6.59% |
| 1999-12-31 | CN¥843.83 Million | -23.36% |
| 1998-12-31 | CN¥1.10 Billion | -5.24% |
| 1997-12-31 | CN¥1.16 Billion | +24.65% |
| 1996-12-31 | CN¥932.15 Million | +44.70% |
| 1995-12-31 | CN¥644.20 Million | -30.38% |
| 1994-12-31 | CN¥925.29 Million | -1.53% |
| 1993-12-31 | CN¥939.70 Million | +120.00% |
| 1992-12-31 | CN¥427.13 Million | -- |