North Chemical Industries Co Ltd
North Chemical Industries Co., Ltd. manufactures and sells nitrocellulose products in China. It also provides industrial pumps and valves, gas masks, filter absorbers, and other products. Its nitrocellulose products are used in propellant, nitro paint, ink, celluloid products, adhesives, leather oil, nail polish, etc.; activated carbon and catalyst for use in industrial exhaust and sewage treatme… Read more
North Chemical Industries Co Ltd (002246) - Total Assets
Latest total assets as of September 2025: CN¥4.91 Billion CNY
Based on the latest financial reports, North Chemical Industries Co Ltd (002246) holds total assets worth CN¥4.91 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.
North Chemical Industries Co Ltd - Total Assets Trend (2005–2024)
This chart illustrates how North Chemical Industries Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
North Chemical Industries Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
North Chemical Industries Co Ltd's total assets of CN¥4.91 Billion consist of 69.0% current assets and 31.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 30.3% |
| Accounts Receivable | CN¥1.14 Billion | 25.0% |
| Inventory | CN¥353.95 Million | 7.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥295.09 Million | 6.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how North Chemical Industries 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: North Chemical Industries Co Ltd's current assets represent 69.0% of total assets in 2024, a decrease from 76.7% in 2005.
- Cash Position: Cash and equivalents constituted 30.3% of total assets in 2024, up from 17.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 25.0% of total assets.
North Chemical Industries Co Ltd Competitors by Total Assets
Key competitors of North Chemical Industries Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
North Chemical Industries 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
Moderate asset utilization - North Chemical Industries Co Ltd generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - North Chemical Industries Co Ltd is currently not profitable relative to its asset base.
North Chemical Industries 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 | 2.18 | 2.38 | 2.30 |
| Quick Ratio | 1.93 | 2.06 | 1.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.89 Billion | CN¥ 1.76 Billion | CN¥ 1.62 Billion |
North Chemical Industries Co Ltd - Advanced Valuation Insights
This section examines the relationship between North Chemical Industries 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 | 3.69 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | CN¥4.57 Billion |
| Market Capitalization | $943.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values North Chemical Industries Co Ltd's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: North Chemical Industries Co Ltd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for North Chemical Industries Co Ltd (2005–2024)
The table below shows the annual total assets of North Chemical Industries Co Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.57 Billion | -0.04% |
| 2023-12-31 | CN¥4.57 Billion | -3.27% |
| 2022-12-31 | CN¥4.72 Billion | +4.03% |
| 2021-12-31 | CN¥4.54 Billion | +7.93% |
| 2020-12-31 | CN¥4.21 Billion | +7.31% |
| 2019-12-31 | CN¥3.92 Billion | +8.29% |
| 2018-12-31 | CN¥3.62 Billion | +4.00% |
| 2017-12-31 | CN¥3.48 Billion | +111.14% |
| 2016-12-31 | CN¥1.65 Billion | +3.61% |
| 2015-12-31 | CN¥1.59 Billion | -3.78% |
| 2014-12-31 | CN¥1.65 Billion | -1.49% |
| 2013-12-31 | CN¥1.68 Billion | +128.12% |
| 2012-12-31 | CN¥735.88 Million | +0.97% |
| 2011-12-31 | CN¥728.84 Million | -4.71% |
| 2010-12-31 | CN¥764.88 Million | +12.95% |
| 2009-12-31 | CN¥677.20 Million | +5.39% |
| 2008-12-31 | CN¥642.57 Million | +40.21% |
| 2007-12-31 | CN¥458.29 Million | +11.77% |
| 2006-12-31 | CN¥410.04 Million | +27.34% |
| 2005-12-31 | CN¥322.01 Million | -- |