Daqing Huake Co Ltd (000985) - Total Assets
Based on the latest financial reports, Daqing Huake Co Ltd (000985) holds total assets worth CN¥729.38 Million CNY (≈ $106.73 Million 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. See 000985 book value for net asset value and shareholders' equity analysis.
Daqing Huake Co Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Daqing Huake Co Ltd's total assets have evolved over time, based on quarterly financial data.
Daqing Huake Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Daqing Huake Co Ltd's total assets of CN¥729.38 Million consist of 56.6% current assets and 43.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 47.1% |
| Accounts Receivable | CN¥3.41 Million | 0.5% |
| Inventory | CN¥60.22 Million | 8.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥10.87 Million | 1.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Daqing Huake 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. For live market cap, price, and company overview, see 000985 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Daqing Huake Co Ltd's current assets represent 56.6% of total assets in 2024, an increase from 40.2% in 1997.
- Cash Position: Cash and equivalents constituted 47.1% of total assets in 2024, up from 7.5% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 8.6% of total assets.
Daqing Huake Co Ltd Competitors by Total Assets
Key competitors of Daqing Huake Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493
|
China | CN¥392.92 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
China | CN¥86.15 Billion |
|
Youngy Co Ltd
SHE:002192
|
China | CN¥4.92 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
China | CN¥13.38 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
China | CN¥4.94 Billion |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
China | CN¥2.18 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.77 Billion |
Daqing Huake 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 | 4.23 | 3.85 | 4.62 |
| Quick Ratio | 3.89 | 3.47 | 3.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥337.05 Million | CN¥351.57 Million | CN¥225.43 Million |
Daqing Huake Co Ltd - Advanced Valuation Insights
This section examines the relationship between Daqing Huake 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 | 4.31 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | CN¥697.16 Million |
| Market Capitalization | $383.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Daqing Huake Co Ltd's assets below their book value (0.55x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Daqing Huake Co Ltd's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Daqing Huake Co Ltd (1997–2024)
The table below shows the annual total assets of Daqing Huake Co Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥697.16 Million ≈ $102.02 Million |
-0.68% |
| 2023-12-31 | CN¥701.94 Million ≈ $102.72 Million |
-0.59% |
| 2022-12-31 | CN¥706.07 Million ≈ $103.32 Million |
+0.09% |
| 2021-12-31 | CN¥705.44 Million ≈ $103.23 Million |
+1.55% |
| 2020-12-31 | CN¥694.66 Million ≈ $101.65 Million |
-6.26% |
| 2019-12-31 | CN¥741.04 Million ≈ $108.44 Million |
+7.01% |
| 2018-12-31 | CN¥692.51 Million ≈ $101.34 Million |
-1.15% |
| 2017-12-31 | CN¥700.55 Million ≈ $102.51 Million |
+5.70% |
| 2016-12-31 | CN¥662.78 Million ≈ $96.99 Million |
+9.10% |
| 2015-12-31 | CN¥607.48 Million ≈ $88.89 Million |
-4.35% |
| 2014-12-31 | CN¥635.08 Million ≈ $92.93 Million |
+3.40% |
| 2013-12-31 | CN¥614.18 Million ≈ $89.87 Million |
+2.33% |
| 2012-12-31 | CN¥600.20 Million ≈ $87.83 Million |
+3.19% |
| 2011-12-31 | CN¥581.64 Million ≈ $85.11 Million |
+11.80% |
| 2010-12-31 | CN¥520.26 Million ≈ $76.13 Million |
+1.94% |
| 2009-12-31 | CN¥510.36 Million ≈ $74.68 Million |
+7.29% |
| 2008-12-31 | CN¥475.67 Million ≈ $69.61 Million |
-9.18% |
| 2007-12-31 | CN¥523.77 Million ≈ $76.64 Million |
+6.36% |
| 2006-12-31 | CN¥492.46 Million ≈ $72.06 Million |
+0.76% |
| 2005-12-31 | CN¥488.76 Million ≈ $71.52 Million |
+4.30% |
| 2004-12-31 | CN¥468.59 Million ≈ $68.57 Million |
-2.19% |
| 2003-12-31 | CN¥479.10 Million ≈ $70.11 Million |
-8.54% |
| 2002-12-31 | CN¥523.84 Million ≈ $76.65 Million |
+8.34% |
| 2001-12-31 | CN¥483.53 Million ≈ $70.76 Million |
+1.71% |
| 2000-12-31 | CN¥475.40 Million ≈ $69.57 Million |
+163.08% |
| 1999-12-31 | CN¥180.71 Million ≈ $26.44 Million |
+2.36% |
| 1998-12-31 | CN¥176.55 Million ≈ $25.83 Million |
-2.35% |
| 1997-12-31 | CN¥180.79 Million ≈ $26.46 Million |
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About Daqing Huake Co Ltd
Daqing Huake Company Limited develops, produces, and sells petrochemicals and fine chemicals in China. The company offers chemical products, including heavy aromatics, crude isopentene, crude isoprene, industrial acetonitrile, industrial dicyclopentadiene, light aromatics, pyrolysis heavy fraction, crude pentadiene, hydropentene, hot poly hydrocarbon resins, and liquid phase bulk polypropylene po… Read more