Letong Chemical Co Ltd (002319) - Total Assets

Latest as of September 2025: CN¥596.94 Million CNY ≈ $87.35 Million USD

Based on the latest financial reports, Letong Chemical Co Ltd (002319) holds total assets worth CN¥596.94 Million CNY (≈ $87.35 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. Check 002319 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

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. Check cash flow quality index of Letong Chemical Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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. For live market cap, price, and company overview, see market value of Letong Chemical Co Ltd.

Show as percentage

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
Linde plc Ordinary Shares NASDAQ:LIN	USA	$86.82 Billion
Zhongfu Shenying Carbon Fiber Co. Ltd. A SHG:688295	China	CN¥10.25 Billion
Ningbo Shanshan Co Ltd SHG:600884	China	CN¥45.88 Billion
Incitec Pivot Ltd AU:IPL	Australia	AU$8.40 Billion
Shandong Dongyue Organosilicon Mat SHE:300821	China	CN¥6.27 Billion
Huaibei Mining Holdings Co Ltd SHG:600985	China	CN¥89.26 Billion
Zhejiang Transfar Co Ltd SHE:002010	China	CN¥38.45 Billion
Aarti Industries Limited NSE:AARTIIND	India	Rs132.99 Billion

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	0.59
Asset Growth Rate (YoY)	-5.2%
Total Assets	CN¥575.73 Million
Market Capitalization	$338.10 Million USD

Valuation Analysis

Below Book Valuation: The market values Letong Chemical Co Ltd's assets below their book value (0.59x), 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 ≈ $84.25 Million	-5.23%
2023-12-31	CN¥607.49 Million ≈ $88.89 Million	-4.20%
2022-12-31	CN¥634.09 Million ≈ $92.79 Million	-3.32%
2021-12-31	CN¥655.89 Million ≈ $95.98 Million	+4.69%
2020-12-31	CN¥626.52 Million ≈ $91.68 Million	-4.30%
2019-12-31	CN¥654.65 Million ≈ $95.80 Million	-31.66%
2018-12-31	CN¥957.89 Million ≈ $140.17 Million	-12.34%
2017-12-31	CN¥1.09 Billion ≈ $159.90 Million	-2.93%
2016-12-31	CN¥1.13 Billion ≈ $164.72 Million	-5.97%
2015-12-31	CN¥1.20 Billion ≈ $175.19 Million	+25.41%
2014-12-31	CN¥954.59 Million ≈ $139.69 Million	-8.19%
2013-12-31	CN¥1.04 Billion ≈ $152.14 Million	+36.25%
2012-12-31	CN¥763.11 Million ≈ $111.67 Million	-0.48%
2011-12-31	CN¥766.81 Million ≈ $112.21 Million	+10.02%
2010-12-31	CN¥696.96 Million ≈ $101.99 Million	+14.85%
2009-12-31	CN¥606.83 Million ≈ $88.80 Million	+162.36%
2008-12-31	CN¥231.30 Million ≈ $33.85 Million	+10.23%
2007-12-31	CN¥209.83 Million ≈ $30.70 Million	+35.15%
2006-12-31	CN¥155.25 Million ≈ $22.72 Million	--

About Letong Chemical Co Ltd

SHE:002319 China Specialty Chemicals

Market Cap

$338.10 Million

CN¥2.31 Billion CNY

Market Cap Rank

#14354 Global

#4296 in China

Share Price

CN¥11.03

Change (1 day)

-2.30%

52-Week Range

CN¥10.31 - CN¥15.55

All Time High

CN¥25.27