Cangzhou Mingzhu Plastic Co Ltd (002108) - Total Assets
Based on the latest financial reports, Cangzhou Mingzhu Plastic Co Ltd (002108) holds total assets worth CN¥8.37 Billion CNY (≈ $1.22 Billion USD) as of March 2026. 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. Explore Cangzhou Mingzhu Plastic Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cangzhou Mingzhu Plastic Co Ltd - Total Assets Trend (2003–2025)
This chart illustrates how Cangzhou Mingzhu Plastic Co Ltd's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Cangzhou Mingzhu Plastic Co Ltd for net asset value and shareholders' equity analysis.
Cangzhou Mingzhu Plastic Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Cangzhou Mingzhu Plastic Co Ltd's total assets of CN¥8.37 Billion consist of 26.2% current assets and 73.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.3% |
| Accounts Receivable | CN¥851.02 Million | 10.4% |
| Inventory | CN¥359.52 Million | 4.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥341.85 Million | 4.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Cangzhou Mingzhu Plastic 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 Cangzhou Mingzhu Plastic Co Ltd (002108) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cangzhou Mingzhu Plastic Co Ltd's current assets represent 26.2% of total assets in 2025, a decrease from 67.4% in 2003.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2025, down from 10.3% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 10.4% of total assets.
Cangzhou Mingzhu Plastic Co Ltd Competitors by Total Assets
Key competitors of Cangzhou Mingzhu Plastic Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Investment AB Latour (publ)
ST:LATO-B
|
Sweden | Skr69.35 Billion |
|
ASAHI KASEI CORP. ADR/2
F:ASA
|
Germany | €4.00 Trillion |
|
L E Lundbergföretagen AB (publ)
ST:LUND-B
|
Sweden | Skr234.81 Billion |
|
Storskogen Group AB Series B
ST:STOR-B
|
Sweden | Skr41.45 Billion |
|
Fujian Guanfu Modern Household Wares Co Ltd
SHE:002102
|
China | CN¥6.79 Billion |
|
Gansu Yatai Industrial Development Co Ltd
SHE:000691
|
China | CN¥571.96 Million |
|
Hunan Fazhan Industrial Co Ltd
SHE:000722
|
China | CN¥3.55 Billion |
|
Cresud SA
BA:CRES
|
Argentina | AR$6.32 Trillion |
Cangzhou Mingzhu Plastic 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 | 1.24 | 1.86 | 1.70 |
| Quick Ratio | 1.02 | 1.53 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥453.60 Million | CN¥1.19 Billion | CN¥941.30 Million |
Cangzhou Mingzhu Plastic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Cangzhou Mingzhu Plastic 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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 8.2% |
| Total Assets | CN¥8.19 Billion |
| Market Capitalization | $1.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Cangzhou Mingzhu Plastic Co Ltd's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Cangzhou Mingzhu Plastic Co Ltd's assets grew by 8.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Cangzhou Mingzhu Plastic Co Ltd (2003–2025)
The table below shows the annual total assets of Cangzhou Mingzhu Plastic Co Ltd from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥8.19 Billion ≈ $1.20 Billion |
+8.19% |
| 2024-12-31 | CN¥7.57 Billion ≈ $1.11 Billion |
+6.44% |
| 2023-12-31 | CN¥7.11 Billion ≈ $1.04 Billion |
+1.38% |
| 2022-12-31 | CN¥7.01 Billion ≈ $1.03 Billion |
+27.20% |
| 2021-12-31 | CN¥5.51 Billion ≈ $806.74 Million |
+11.48% |
| 2020-12-31 | CN¥4.95 Billion ≈ $723.63 Million |
+3.99% |
| 2019-12-31 | CN¥4.76 Billion ≈ $695.87 Million |
-1.88% |
| 2018-12-31 | CN¥4.85 Billion ≈ $709.20 Million |
+26.58% |
| 2017-12-31 | CN¥3.83 Billion ≈ $560.27 Million |
+5.43% |
| 2016-12-31 | CN¥3.63 Billion ≈ $531.39 Million |
+49.10% |
| 2015-12-31 | CN¥2.44 Billion ≈ $356.39 Million |
-3.32% |
| 2014-12-31 | CN¥2.52 Billion ≈ $368.63 Million |
+17.38% |
| 2013-12-31 | CN¥2.15 Billion ≈ $314.06 Million |
+20.58% |
| 2012-12-31 | CN¥1.78 Billion ≈ $260.45 Million |
+38.01% |
| 2011-12-31 | CN¥1.29 Billion ≈ $188.73 Million |
+8.67% |
| 2010-12-31 | CN¥1.19 Billion ≈ $173.67 Million |
+22.04% |
| 2009-12-31 | CN¥972.52 Million ≈ $142.31 Million |
+77.31% |
| 2008-12-31 | CN¥548.50 Million ≈ $80.26 Million |
+26.89% |
| 2007-12-31 | CN¥432.28 Million ≈ $63.26 Million |
+40.22% |
| 2006-12-31 | CN¥308.28 Million ≈ $45.11 Million |
-5.66% |
| 2005-12-31 | CN¥326.77 Million ≈ $47.82 Million |
-1.49% |
| 2004-12-31 | CN¥331.71 Million ≈ $48.54 Million |
+32.51% |
| 2003-12-31 | CN¥250.33 Million ≈ $36.63 Million |
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About Cangzhou Mingzhu Plastic Co Ltd
Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China. The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneou… Read more