Delong Composite Energy Group Co Ltd
Delong Composite Energy Group Co., Ltd. engages in production and supply of natural gas. The company is involved in the LNG business; integrated energy business; and landing hydrogen energy and photovoltaic business. The company was formerly known as Sichuan Datong Gas Development Co.,Ltd. and changed its name to Delong Composite Energy Group Co., Ltd. in February 2022. Delong Composite Energy Gr… Read more
Delong Composite Energy Group Co Ltd (000593) - Total Assets
Latest total assets as of September 2025: CN¥1.92 Billion CNY
Based on the latest financial reports, Delong Composite Energy Group Co Ltd (000593) holds total assets worth CN¥1.92 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.
Delong Composite Energy Group Co Ltd - Total Assets Trend (1992–2024)
This chart illustrates how Delong Composite Energy Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Delong Composite Energy Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Delong Composite Energy Group Co Ltd's total assets of CN¥1.92 Billion consist of 26.5% current assets and 73.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.2% |
| Accounts Receivable | CN¥216.86 Million | 11.1% |
| Inventory | CN¥88.38 Million | 4.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥72.84 Million | 3.7% |
| Goodwill | CN¥179.58 Million | 9.2% |
Asset Composition Trend (1992–2024)
This chart illustrates how Delong Composite Energy 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: Delong Composite Energy Group Co Ltd's current assets represent 26.5% of total assets in 2024, a decrease from 42.5% in 1992.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, up from 4.8% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is accounts receivable at 11.1% of total assets.
Delong Composite Energy Group Co Ltd Competitors by Total Assets
Key competitors of Delong Composite Energy Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
|
Daesung Holdin
KO:016710
|
Korea | ₩1.08 Trillion |
Delong Composite Energy 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
Strong asset utilization - Delong Composite Energy Group Co Ltd generates 0.89x 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, Delong Composite Energy Group Co Ltd generates $ 0.97 in net profit.
Delong Composite Energy 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 | 0.62 | 0.83 | 0.66 |
| Quick Ratio | 0.50 | 0.67 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-302.09 Million | CN¥ -122.11 Million | CN¥ -300.54 Million |
Delong Composite Energy Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Delong Composite Energy 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 | 6.13 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | CN¥1.96 Billion |
| Market Capitalization | $622.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Delong Composite Energy Group Co Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Delong Composite Energy Group Co Ltd's assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Delong Composite Energy Group Co Ltd (1992–2024)
The table below shows the annual total assets of Delong Composite Energy Group Co Ltd from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.96 Billion | -6.57% |
| 2023-12-31 | CN¥2.10 Billion | -4.07% |
| 2022-12-31 | CN¥2.18 Billion | +1.02% |
| 2021-12-31 | CN¥2.16 Billion | +2.86% |
| 2020-12-31 | CN¥2.10 Billion | +5.81% |
| 2019-12-31 | CN¥1.99 Billion | +21.61% |
| 2018-12-31 | CN¥1.63 Billion | -5.34% |
| 2017-12-31 | CN¥1.73 Billion | +9.16% |
| 2016-12-31 | CN¥1.58 Billion | +100.04% |
| 2015-12-31 | CN¥790.23 Million | +2.80% |
| 2014-12-31 | CN¥768.67 Million | -15.15% |
| 2013-12-31 | CN¥905.95 Million | +44.42% |
| 2012-12-31 | CN¥627.32 Million | -3.98% |
| 2011-12-31 | CN¥653.35 Million | -3.73% |
| 2010-12-31 | CN¥678.65 Million | +17.72% |
| 2009-12-31 | CN¥576.48 Million | -2.13% |
| 2008-12-31 | CN¥589.04 Million | +2.70% |
| 2007-12-31 | CN¥573.53 Million | -20.63% |
| 2006-12-31 | CN¥722.58 Million | +11.32% |
| 2005-12-31 | CN¥649.08 Million | +8.98% |
| 2004-12-31 | CN¥595.61 Million | +2.17% |
| 2003-12-31 | CN¥582.97 Million | +14.40% |
| 2002-12-31 | CN¥509.57 Million | -6.41% |
| 2001-12-31 | CN¥544.45 Million | +0.15% |
| 2000-12-31 | CN¥543.62 Million | +18.15% |
| 1999-12-31 | CN¥460.10 Million | +10.79% |
| 1998-12-31 | CN¥415.31 Million | +30.89% |
| 1997-12-31 | CN¥317.30 Million | +7.04% |
| 1996-12-31 | CN¥296.44 Million | +12.60% |
| 1995-12-31 | CN¥263.26 Million | +9.80% |
| 1994-12-31 | CN¥239.76 Million | +13.09% |
| 1993-12-31 | CN¥212.01 Million | +215.36% |
| 1992-12-31 | CN¥67.23 Million | -- |