Guangdong Xinhui Meida Nylon Co Ltd
Guangdong Highsun Meida New Materials Co., Ltd. produces and sells nylon 6 chips and spinning products in China. The company was formerly known as Guangdong Xinhui Meida Nylon Co., Ltd. and changed its name to Guangdong Highsun Meida New Materials Co., Ltd. in June 2024. The company was founded in 1992 and is based in Jiangmen, China.
Guangdong Xinhui Meida Nylon Co Ltd (000782) - Total Assets
Latest total assets as of September 2025: CN¥3.04 Billion CNY
Based on the latest financial reports, Guangdong Xinhui Meida Nylon Co Ltd (000782) holds total assets worth CN¥3.04 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.
Guangdong Xinhui Meida Nylon Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Guangdong Xinhui Meida Nylon Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Guangdong Xinhui Meida Nylon Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Xinhui Meida Nylon Co Ltd's total assets of CN¥3.04 Billion consist of 56.8% current assets and 43.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.3% |
| Accounts Receivable | CN¥570.60 Million | 19.5% |
| Inventory | CN¥380.87 Million | 13.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥217.38 Million | 7.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Guangdong Xinhui Meida Nylon 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: Guangdong Xinhui Meida Nylon Co Ltd's current assets represent 56.8% of total assets in 2024, an increase from 36.5% in 1994.
- Cash Position: Cash and equivalents constituted 20.3% of total assets in 2024, up from 2.2% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 2.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 19.5% of total assets.
Guangdong Xinhui Meida Nylon Co Ltd Competitors by Total Assets
Key competitors of Guangdong Xinhui Meida Nylon Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Guangdong Xinhui Meida Nylon 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 - Guangdong Xinhui Meida Nylon Co Ltd generates 1.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Guangdong Xinhui Meida Nylon Co Ltd is currently not profitable relative to its asset base.
Guangdong Xinhui Meida Nylon 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 | 1.41 | 1.67 | 1.35 |
| Quick Ratio | 1.06 | 1.20 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥426.42 Million | CN¥ 714.05 Million | CN¥ 383.51 Million |
Guangdong Xinhui Meida Nylon Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangdong Xinhui Meida Nylon 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 | 2.45 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -14.0% |
| Total Assets | CN¥2.92 Billion |
| Market Capitalization | $361.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Xinhui Meida Nylon Co Ltd's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Guangdong Xinhui Meida Nylon Co Ltd's assets decreased by 14.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Guangdong Xinhui Meida Nylon Co Ltd (1994–2024)
The table below shows the annual total assets of Guangdong Xinhui Meida Nylon Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | -14.00% |
| 2023-12-31 | CN¥3.40 Billion | +7.90% |
| 2022-12-31 | CN¥3.15 Billion | -0.18% |
| 2021-12-31 | CN¥3.15 Billion | +11.73% |
| 2020-12-31 | CN¥2.82 Billion | +5.97% |
| 2019-12-31 | CN¥2.66 Billion | -7.95% |
| 2018-12-31 | CN¥2.89 Billion | +9.83% |
| 2017-12-31 | CN¥2.63 Billion | +3.54% |
| 2016-12-31 | CN¥2.54 Billion | +10.75% |
| 2015-12-31 | CN¥2.30 Billion | -9.67% |
| 2014-12-31 | CN¥2.54 Billion | -2.85% |
| 2013-12-31 | CN¥2.62 Billion | +24.44% |
| 2012-12-31 | CN¥2.10 Billion | -10.99% |
| 2011-12-31 | CN¥2.36 Billion | -2.51% |
| 2010-12-31 | CN¥2.42 Billion | +21.63% |
| 2009-12-31 | CN¥1.99 Billion | +12.33% |
| 2008-12-31 | CN¥1.77 Billion | -29.93% |
| 2007-12-31 | CN¥2.53 Billion | +10.54% |
| 2006-12-31 | CN¥2.29 Billion | +8.75% |
| 2005-12-31 | CN¥2.11 Billion | -1.74% |
| 2004-12-31 | CN¥2.14 Billion | +7.67% |
| 2003-12-31 | CN¥1.99 Billion | +8.84% |
| 2002-12-31 | CN¥1.83 Billion | +27.36% |
| 2001-12-31 | CN¥1.44 Billion | -12.36% |
| 2000-12-31 | CN¥1.64 Billion | +9.31% |
| 1999-12-31 | CN¥1.50 Billion | +3.46% |
| 1998-12-31 | CN¥1.45 Billion | +6.72% |
| 1997-12-31 | CN¥1.36 Billion | +16.64% |
| 1996-12-31 | CN¥1.16 Billion | -4.47% |
| 1995-12-31 | CN¥1.22 Billion | +21.38% |
| 1994-12-31 | CN¥1.00 Billion | -- |