Shanghai Pret Composites

SHE:002324 China Chemicals
Market Cap
$2.41 Billion
CN¥17.70 Billion CNY
Market Cap Rank
#6345 Global
#957 in China
Share Price
CN¥15.91
Change (1 day)
-4.27%
52-Week Range
CN¥8.35 - CN¥23.90
All Time High
CN¥23.90
About

Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified polyolefin materials use in automotive parts, electronic appliances, aerospace, two-wheeled vehicles, power and energy storage systems, low-altitude flight, robotics, and other fields; and LCP resin, LCP composites, LCP film, and… Read more

Shanghai Pret Composites (002324) - Total Assets

Latest total assets as of September 2025: CN¥13.10 Billion CNY

Based on the latest financial reports, Shanghai Pret Composites (002324) holds total assets worth CN¥13.10 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 Pret Composites - Total Assets Trend (2006–2024)

This chart illustrates how Shanghai Pret Composites’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shanghai Pret Composites - Asset Composition Analysis

Current Asset Composition (December 2024)

Shanghai Pret Composites's total assets of CN¥13.10 Billion consist of 60.9% current assets and 39.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 8.1%
Accounts Receivable CN¥3.90 Billion 33.3%
Inventory CN¥1.75 Billion 15.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥476.90 Million 4.1%
Goodwill CN¥376.63 Million 3.2%

Asset Composition Trend (2006–2024)

This chart illustrates how Shanghai Pret Composites'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 Pret Composites's current assets represent 60.9% of total assets in 2024, a decrease from 79.5% in 2006.
  • Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 4.8% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 1.0% in 2006.
  • Asset Diversification: The largest asset category is accounts receivable at 33.3% of total assets.

Shanghai Pret Composites Competitors by Total Assets

Key competitors of Shanghai Pret Composites based on total assets are shown below.

Shanghai Pret Composites - 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

Historical Range: 0.71 - 1.05

Strong asset utilization - Shanghai Pret Composites generates 0.71x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.51% - 8.97%

Moderate ROA - For every $100 in assets, Shanghai Pret Composites generates $ 1.21 in net profit.

Shanghai Pret Composites - 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 1.14 1.23 1.87
Quick Ratio 0.85 0.91 1.45
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥992.00 Million CN¥ 1.35 Billion CN¥ 1.41 Billion

Shanghai Pret Composites - Advanced Valuation Insights

This section examines the relationship between Shanghai Pret Composites'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 5.54
Latest Market Cap to Assets Ratio 0.11
Asset Growth Rate (YoY) -1.7%
Total Assets CN¥11.71 Billion
Market Capitalization $1.29 Billion USD

Valuation Analysis

Below Book Valuation: The market values Shanghai Pret Composites's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Shanghai Pret Composites's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Shanghai Pret Composites (2006–2024)

The table below shows the annual total assets of Shanghai Pret Composites from 2006 to 2024.

Year Total Assets Change
2024-12-31 CN¥11.71 Billion -1.67%
2023-12-31 CN¥11.91 Billion +38.32%
2022-12-31 CN¥8.61 Billion +86.44%
2021-12-31 CN¥4.62 Billion +4.71%
2020-12-31 CN¥4.41 Billion +13.29%
2019-12-31 CN¥3.89 Billion -0.66%
2018-12-31 CN¥3.92 Billion +2.10%
2017-12-31 CN¥3.84 Billion +11.58%
2016-12-31 CN¥3.44 Billion +17.85%
2015-12-31 CN¥2.92 Billion +29.88%
2014-12-31 CN¥2.25 Billion +10.98%
2013-12-31 CN¥2.02 Billion +31.59%
2012-12-31 CN¥1.54 Billion +16.46%
2011-12-31 CN¥1.32 Billion +10.86%
2010-12-31 CN¥1.19 Billion +2.28%
2009-12-31 CN¥1.16 Billion +343.35%
2008-12-31 CN¥262.77 Million +9.20%
2007-12-31 CN¥240.62 Million +84.61%
2006-12-31 CN¥130.33 Million --