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.

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. Also see Letong Chemical Co Ltd (002319) total market value for the company's overall valuation and market capitalisation.

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. Review Letong Chemical Co Ltd (002319) financial obligations to assess the company's total debt and financial obligations.

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. See Letong Chemical Co Ltd stock price for real-time trading data and today's change.

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 SPONS.ADRS 1/3
F:AKUP
Germany €16.13 Billion
Cngr Advanced Material Co Ltd
SHE:300919
China CN¥83.43 Billion
Supreme Petrochem Limited
NSE:SPLPETRO
India Rs34.90 Billion
5N Plus Inc.
TO:VNP
Canada CA$519.27 Million
Cofco Biochemical Anhui Co Ltd
SHE:000930
China CN¥17.66 Billion
Zhejiang Fulai New Material Co.Ltd.
SHG:605488
China CN¥4.33 Billion
Jiangxi Guotai Civilian
SHG:603977
China CN¥6.21 Billion
Suzhou Shihua New Material Technology Co Ltd
SHG:688093
China CN¥2.99 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 0.54
Asset Growth Rate (YoY) -5.2%
Total Assets CN¥575.73 Million
Market Capitalization $310.82 Million USD

Valuation Analysis

Below Book Valuation: The market values Letong Chemical Co Ltd's assets below their book value (0.54x), 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
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About Letong Chemical Co Ltd

SHE:002319 China Specialty Chemicals
Market Cap
$310.82 Million
CN¥2.12 Billion CNY
Market Cap Rank
#14753 Global
#4415 in China
Share Price
CN¥10.14
Change (1 day)
+1.50%
52-Week Range
CN¥9.55 - CN¥15.55
All Time High
CN¥25.27
About

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