Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) - Total Assets
Based on the latest financial reports, Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) holds total assets worth CN¥2.10 Billion CNY (≈ $307.26 Million 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 002278 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Total Assets Trend (2006–2025)
This chart illustrates how Shanghai SK Petroleum & Chemical Equipment Corp Ltd's total assets have evolved over time, based on quarterly financial data. See 002278 total equity for net asset value and shareholders' equity analysis.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Shanghai SK Petroleum & Chemical Equipment Corp Ltd's total assets of CN¥2.10 Billion consist of 73.4% current assets and 26.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.9% |
| Accounts Receivable | CN¥539.72 Million | 24.3% |
| Inventory | CN¥459.99 Million | 20.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥33.61 Million | 1.5% |
| Goodwill | CN¥126.76 Million | 5.7% |
Asset Composition Trend (2006–2025)
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. For live market cap, price, and company overview, see 002278 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai SK Petroleum & Chemical Equipment Corp Ltd's current assets represent 73.4% of total assets in 2025, a decrease from 81.2% in 2006.
- Cash Position: Cash and equivalents constituted 21.9% of total assets in 2025, up from 7.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 3.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 24.3% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
China | CN¥10.81 Billion |
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 | 2.95 | 2.36 | 2.70 |
| Quick Ratio | 2.03 | 1.60 | 1.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥998.89 Million | CN¥754.34 Million | CN¥694.22 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 | 2.06 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 17.5% |
| Total Assets | CN¥2.23 Billion |
| Market Capitalization | $455.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai SK Petroleum & Chemical Equipment Corp Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai SK Petroleum & Chemical Equipment Corp Ltd's assets grew by 17.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai SK Petroleum & Chemical Equipment Corp Ltd (2006–2025)
The table below shows the annual total assets of Shanghai SK Petroleum & Chemical Equipment Corp Ltd from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.23 Billion ≈ $325.69 Million |
+17.54% |
| 2024-12-31 | CN¥1.89 Billion ≈ $277.10 Million |
+4.83% |
| 2023-12-31 | CN¥1.81 Billion ≈ $264.32 Million |
-0.37% |
| 2022-12-31 | CN¥1.81 Billion ≈ $265.31 Million |
+2.36% |
| 2021-12-31 | CN¥1.77 Billion ≈ $259.19 Million |
+2.90% |
| 2020-12-31 | CN¥1.72 Billion ≈ $251.88 Million |
+4.91% |
| 2019-12-31 | CN¥1.64 Billion ≈ $240.10 Million |
-0.10% |
| 2018-12-31 | CN¥1.64 Billion ≈ $240.33 Million |
+4.53% |
| 2017-12-31 | CN¥1.57 Billion ≈ $229.92 Million |
-3.26% |
| 2016-12-31 | CN¥1.62 Billion ≈ $237.68 Million |
-7.04% |
| 2015-12-31 | CN¥1.75 Billion ≈ $255.69 Million |
-7.87% |
| 2014-12-31 | CN¥1.90 Billion ≈ $277.52 Million |
+19.36% |
| 2013-12-31 | CN¥1.59 Billion ≈ $232.50 Million |
+2.16% |
| 2012-12-31 | CN¥1.56 Billion ≈ $227.59 Million |
+4.30% |
| 2011-12-31 | CN¥1.49 Billion ≈ $218.21 Million |
+16.59% |
| 2010-12-31 | CN¥1.28 Billion ≈ $187.16 Million |
+2.34% |
| 2009-12-31 | CN¥1.25 Billion ≈ $182.88 Million |
+101.23% |
| 2008-12-31 | CN¥621.06 Million ≈ $90.88 Million |
+23.29% |
| 2007-12-31 | CN¥503.75 Million ≈ $73.71 Million |
+48.71% |
| 2006-12-31 | CN¥338.75 Million ≈ $49.57 Million |
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About Shanghai SK Petroleum & Chemical Equipment Corp Ltd
Shanghai SK Petroleum & Chemical Equipment Corporation Ltd., together with its subsidiaries, researches, develops, manufactures, and markets oil equipment in China and internationally. The company offers mud logging, high-temperature measurement while drilling (MWD) / logging while drilling (LWD), wireline logging, digital logging, drilling well control, and wellhead oil recovery services, as wel… Read more