Letong Chemical Co Ltd
Letong Chemical Co.,LTD produces and sells chemical raw materials and chemical products in China and internationally. It operates through three segments: Ink Business, Internet Advertising Marketing, and Other. The company offers various inks, coatings, and related ancillary products; and Internet advertising design, production, agency, placement, and technical promotion services. It also engages… Read more
Letong Chemical Co Ltd (002319) - Total Assets
Latest total assets as of September 2025: CN¥596.94 Million CNY
Based on the latest financial reports, Letong Chemical Co Ltd (002319) holds total assets worth CN¥596.94 Million 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.
Letong Chemical Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Letong Chemical Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Letong Chemical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Letong Chemical Co Ltd's total assets of CN¥596.94 Million consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.1% |
| Accounts Receivable | CN¥186.74 Million | 32.4% |
| Inventory | CN¥44.03 Million | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥16.05 Million | 2.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Letong Chemical 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: Letong Chemical Co Ltd's current assets represent 42.4% of total assets in 2024, a decrease from 68.6% in 2006.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 4.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 32.4% of total assets.
Letong Chemical Co Ltd Competitors by Total Assets
Key competitors of Letong Chemical Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Letong Chemical 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 - Letong Chemical Co Ltd generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Letong Chemical Co Ltd is currently not profitable relative to its asset base.
Letong Chemical 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 | 0.67 | 0.50 | 0.48 |
| Quick Ratio | 0.56 | 0.41 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-139.19 Million | CN¥ -276.87 Million | CN¥ -250.39 Million |
Letong Chemical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Letong Chemical 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 | 15.46 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | CN¥575.73 Million |
| Market Capitalization | $260.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Letong Chemical Co Ltd's assets below their book value (0.45 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Letong Chemical Co Ltd's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Letong Chemical Co Ltd (2006–2024)
The table below shows the annual total assets of Letong Chemical Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥575.73 Million | -5.23% |
| 2023-12-31 | CN¥607.49 Million | -4.20% |
| 2022-12-31 | CN¥634.09 Million | -3.32% |
| 2021-12-31 | CN¥655.89 Million | +4.69% |
| 2020-12-31 | CN¥626.52 Million | -4.30% |
| 2019-12-31 | CN¥654.65 Million | -31.66% |
| 2018-12-31 | CN¥957.89 Million | -12.34% |
| 2017-12-31 | CN¥1.09 Billion | -2.93% |
| 2016-12-31 | CN¥1.13 Billion | -5.97% |
| 2015-12-31 | CN¥1.20 Billion | +25.41% |
| 2014-12-31 | CN¥954.59 Million | -8.19% |
| 2013-12-31 | CN¥1.04 Billion | +36.25% |
| 2012-12-31 | CN¥763.11 Million | -0.48% |
| 2011-12-31 | CN¥766.81 Million | +10.02% |
| 2010-12-31 | CN¥696.96 Million | +14.85% |
| 2009-12-31 | CN¥606.83 Million | +162.36% |
| 2008-12-31 | CN¥231.30 Million | +10.23% |
| 2007-12-31 | CN¥209.83 Million | +35.15% |
| 2006-12-31 | CN¥155.25 Million | -- |