North Chemical Industries Co Ltd (002246) - Total Assets
Based on the latest financial reports, North Chemical Industries Co Ltd (002246) holds total assets worth CN¥4.91 Billion CNY (≈ $718.58 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 002246 net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see North Chemical Industries Co Ltd (002246) total market value.
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 |
|---|---|---|
|
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 |
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 | 0.43 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | CN¥4.57 Billion |
| Market Capitalization | $1.96 Billion USD |
Valuation Analysis
Below Book Valuation: The market values North Chemical Industries Co Ltd's assets below their book value (0.43x), 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 ≈ $668.36 Million |
-0.04% |
| 2023-12-31 | CN¥4.57 Billion ≈ $668.64 Million |
-3.27% |
| 2022-12-31 | CN¥4.72 Billion ≈ $691.21 Million |
+4.03% |
| 2021-12-31 | CN¥4.54 Billion ≈ $664.41 Million |
+7.93% |
| 2020-12-31 | CN¥4.21 Billion ≈ $615.57 Million |
+7.31% |
| 2019-12-31 | CN¥3.92 Billion ≈ $573.63 Million |
+8.29% |
| 2018-12-31 | CN¥3.62 Billion ≈ $529.73 Million |
+4.00% |
| 2017-12-31 | CN¥3.48 Billion ≈ $509.36 Million |
+111.14% |
| 2016-12-31 | CN¥1.65 Billion ≈ $241.24 Million |
+3.61% |
| 2015-12-31 | CN¥1.59 Billion ≈ $232.84 Million |
-3.78% |
| 2014-12-31 | CN¥1.65 Billion ≈ $242.00 Million |
-1.49% |
| 2013-12-31 | CN¥1.68 Billion ≈ $245.65 Million |
+128.12% |
| 2012-12-31 | CN¥735.88 Million ≈ $107.68 Million |
+0.97% |
| 2011-12-31 | CN¥728.84 Million ≈ $106.65 Million |
-4.71% |
| 2010-12-31 | CN¥764.88 Million ≈ $111.93 Million |
+12.95% |
| 2009-12-31 | CN¥677.20 Million ≈ $99.10 Million |
+5.39% |
| 2008-12-31 | CN¥642.57 Million ≈ $94.03 Million |
+40.21% |
| 2007-12-31 | CN¥458.29 Million ≈ $67.06 Million |
+11.77% |
| 2006-12-31 | CN¥410.04 Million ≈ $60.00 Million |
+27.34% |
| 2005-12-31 | CN¥322.01 Million ≈ $47.12 Million |
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About 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