Sansteel MinGuang Co Ltd Fujian
Sansteel MinGuang Co.,Ltd.,Fujian manufactures and sells iron and steel products in China. The company offers building materials, metal, medium and thick plates, round and H shaped steel, steel mold, self-processed steel billets, alloy structure steel, and coal chemical products. Sansteel MinGuang Co.,Ltd.,Fujian was founded in 2001 and is headquartered in Sanming, China.
Sansteel MinGuang Co Ltd Fujian (002110) - Total Assets
Latest total assets as of September 2025: CN¥51.66 Billion CNY
Based on the latest financial reports, Sansteel MinGuang Co Ltd Fujian (002110) holds total assets worth CN¥51.66 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.
Sansteel MinGuang Co Ltd Fujian - Total Assets Trend (2003–2024)
This chart illustrates how Sansteel MinGuang Co Ltd Fujian’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sansteel MinGuang Co Ltd Fujian - Asset Composition Analysis
Current Asset Composition (December 2024)
Sansteel MinGuang Co Ltd Fujian's total assets of CN¥51.66 Billion consist of 32.3% current assets and 67.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.4% |
| Accounts Receivable | CN¥2.15 Billion | 4.2% |
| Inventory | CN¥3.20 Billion | 6.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.53 Billion | 4.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Sansteel MinGuang Co Ltd Fujian'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: Sansteel MinGuang Co Ltd Fujian's current assets represent 32.3% of total assets in 2024, a decrease from 48.4% in 2003.
- Cash Position: Cash and equivalents constituted 14.4% of total assets in 2024, up from 8.8% 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 inventory at 6.2% of total assets.
Sansteel MinGuang Co Ltd Fujian Competitors by Total Assets
Key competitors of Sansteel MinGuang Co Ltd Fujian based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Sansteel MinGuang Co Ltd Fujian - 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 - Sansteel MinGuang Co Ltd Fujian generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sansteel MinGuang Co Ltd Fujian is currently not profitable relative to its asset base.
Sansteel MinGuang Co Ltd Fujian - 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 | 0.58 | 0.64 | 0.92 |
| Quick Ratio | 0.48 | 0.55 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-11.34 Billion | CN¥ -10.77 Billion | CN¥ -1.64 Billion |
Sansteel MinGuang Co Ltd Fujian - Advanced Valuation Insights
This section examines the relationship between Sansteel MinGuang Co Ltd Fujian'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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | CN¥51.65 Billion |
| Market Capitalization | $530.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sansteel MinGuang Co Ltd Fujian's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Sansteel MinGuang Co Ltd Fujian's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sansteel MinGuang Co Ltd Fujian (2003–2024)
The table below shows the annual total assets of Sansteel MinGuang Co Ltd Fujian from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥51.65 Billion | +7.16% |
| 2023-12-31 | CN¥48.20 Billion | +4.04% |
| 2022-12-31 | CN¥46.32 Billion | +0.76% |
| 2021-12-31 | CN¥45.98 Billion | +6.18% |
| 2020-12-31 | CN¥43.30 Billion | +45.45% |
| 2019-12-31 | CN¥29.77 Billion | +5.50% |
| 2018-12-31 | CN¥28.22 Billion | +70.24% |
| 2017-12-31 | CN¥16.58 Billion | +31.81% |
| 2016-12-31 | CN¥12.58 Billion | +76.52% |
| 2015-12-31 | CN¥7.12 Billion | -11.36% |
| 2014-12-31 | CN¥8.04 Billion | -6.58% |
| 2013-12-31 | CN¥8.60 Billion | -1.71% |
| 2012-12-31 | CN¥8.75 Billion | -2.98% |
| 2011-12-31 | CN¥9.02 Billion | +17.97% |
| 2010-12-31 | CN¥7.65 Billion | +2.84% |
| 2009-12-31 | CN¥7.44 Billion | +5.05% |
| 2008-12-31 | CN¥7.08 Billion | +9.87% |
| 2007-12-31 | CN¥6.44 Billion | +37.73% |
| 2006-12-31 | CN¥4.68 Billion | +14.99% |
| 2005-12-31 | CN¥4.07 Billion | +1.18% |
| 2004-12-31 | CN¥4.02 Billion | +43.63% |
| 2003-12-31 | CN¥2.80 Billion | -- |