Shanghai SK Petroleum & Chemical Equipment Corp Ltd
Shanghai SK Petroleum & Chemical Equipment Corporation Ltd., together with its subsidiaries, engages in the research and development, and manufacture of petroleum and chemical equipment in China. The company offers mud logging units, chromatographs, sensors, special and drilling instruments, LWD's, GMWD's, and FMWD's. It also provides well logging tools, oil instruments, well control equipment, w… Read more
Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) - Total Assets
Latest total assets as of September 2025: CN¥1.93 Billion CNY
Based on the latest financial reports, Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) holds total assets worth CN¥1.93 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.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Shanghai SK Petroleum & Chemical Equipment Corp Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai SK Petroleum & Chemical Equipment Corp Ltd's total assets of CN¥1.93 Billion consist of 71.8% current assets and 28.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.4% |
| Accounts Receivable | CN¥560.91 Million | 29.6% |
| Inventory | CN¥455.01 Million | 24.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥25.11 Million | 1.3% |
| Goodwill | CN¥87.69 Million | 4.6% |
Asset Composition Trend (2006–2024)
This chart illustrates how Shanghai SK Petroleum & Chemical Equipment Corp 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: Shanghai SK Petroleum & Chemical Equipment Corp Ltd's current assets represent 71.8% of total assets in 2024, a decrease from 81.2% in 2006.
- Cash Position: Cash and equivalents constituted 16.4% of total assets in 2024, up from 7.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 29.6% of total assets.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd Competitors by Total Assets
Key competitors of Shanghai SK Petroleum & Chemical Equipment Corp Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Shanghai SK Petroleum & Chemical Equipment Corp 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
Lower asset utilization - Shanghai SK Petroleum & Chemical Equipment Corp Ltd generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shanghai SK Petroleum & Chemical Equipment Corp Ltd generates $ 1.59 in net profit.
Shanghai SK Petroleum & Chemical Equipment Corp 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 | 2.34 | 2.26 | 2.61 |
| Quick Ratio | 1.51 | 1.49 | 1.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥779.88 Million | CN¥ 749.86 Million | CN¥ 747.58 Million |
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Advanced Valuation Insights
This section examines the relationship between Shanghai SK Petroleum & Chemical Equipment Corp 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 | 4.43 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 4.8% |
| Total Assets | CN¥1.89 Billion |
| Market Capitalization | $405.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai SK Petroleum & Chemical Equipment Corp Ltd's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanghai SK Petroleum & Chemical Equipment Corp Ltd's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanghai SK Petroleum & Chemical Equipment Corp Ltd (2006–2024)
The table below shows the annual total assets of Shanghai SK Petroleum & Chemical Equipment Corp Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion | +4.83% |
| 2023-12-31 | CN¥1.81 Billion | -0.37% |
| 2022-12-31 | CN¥1.81 Billion | +2.36% |
| 2021-12-31 | CN¥1.77 Billion | +2.90% |
| 2020-12-31 | CN¥1.72 Billion | +4.91% |
| 2019-12-31 | CN¥1.64 Billion | -0.10% |
| 2018-12-31 | CN¥1.64 Billion | +4.53% |
| 2017-12-31 | CN¥1.57 Billion | -3.26% |
| 2016-12-31 | CN¥1.62 Billion | -7.04% |
| 2015-12-31 | CN¥1.75 Billion | -7.87% |
| 2014-12-31 | CN¥1.90 Billion | +19.36% |
| 2013-12-31 | CN¥1.59 Billion | +2.16% |
| 2012-12-31 | CN¥1.56 Billion | +4.30% |
| 2011-12-31 | CN¥1.49 Billion | +16.59% |
| 2010-12-31 | CN¥1.28 Billion | +2.34% |
| 2009-12-31 | CN¥1.25 Billion | +101.23% |
| 2008-12-31 | CN¥621.06 Million | +23.29% |
| 2007-12-31 | CN¥503.75 Million | +48.71% |
| 2006-12-31 | CN¥338.75 Million | -- |