Lets Holding Group Co Ltd Total Assets

Latest as of September 2025: CN¥5.82 Billion CNY ≈ $851.54 Million USD

Lets Holding Group Co Ltd total assets. Based on the latest financial reports, Lets Holding Group Co Ltd (002398) holds total assets worth CN¥5.82 Billion CNY (≈ $851.54 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. Also see Lets Holding Group Co Ltd (002398) cash conversion ratio for how efficiently the company converts equity into cash flow.

Total Assets of Lets Holding Group Co Ltd (2006–2024)

Total assets of Lets Holding Group Co Ltd from 2006 to 2024. This chart illustrates how Lets Holding Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002398 stock price for real-time trading data and today's change.

Lets Holding Group Co Ltd - Asset Composition Analysis

Lets Holding Group Co Ltd Total Assets Breakdown (December 2024)

Lets Holding Group Co Ltd total assets breakdown as of December 2024. Lets Holding Group Co Ltd's total assets of CN¥5.82 Billion consist of 67.3% current assets and 32.7% non-current assets. Explore how liquid is Lets Holding Group Co Ltd's working capital to assess how much short-term liquidity the company maintains relative to its equity base.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 3.9%
Accounts Receivable CN¥2.93 Billion 49.0%
Inventory CN¥114.39 Million 1.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥254.06 Million 4.3%
Goodwill CN¥127.12 Million 2.1%

Asset Composition Trend (2006–2024)

This chart illustrates how Lets Holding Group 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: Lets Holding Group Co Ltd's current assets represent 67.3% of total assets in 2024, an increase from 65.2% in 2006.
  • Cash Position: Cash and equivalents constituted 3.9% of total assets in 2024, down from 18.9% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 8.0% in 2006.
  • Asset Diversification: The largest asset category is accounts receivable at 49.0% of total assets.

Lets Holding Group Co Ltd Competitors by Total Assets

Key competitors of Lets Holding Group Co Ltd based on total assets are shown below.

Company Country Total Assets
Vulcan Materials Company
NYSE:VMC
USA $16.44 Billion
Brickworks Ltd
AU:BKW
Australia AU$5.78 Billion
The India Cements Limited
NSE:INDIACEM
India Rs134.03 Billion
Jiangsu Baoli Asphalt
SHE:300135
China CN¥1.45 Billion
Holcim Argentina SA
BA:HARG
Argentina AR$1.07 Trillion
Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678
China CN¥1.52 Billion
Yibitas Yozgat Isci Birligi Insaat Malzemeleri Ticaret Sanayi AS
IS:YBTAS
Turkey TL151.46 Million
Mathios Refractories S.A.
AT:MATHIO
Greece €23.67 Million

Lets Holding Group 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 2.68 2.34 1.87
Quick Ratio 2.58 2.27 1.80
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥2.44 Billion CN¥2.30 Billion CN¥1.87 Billion

Lets Holding Group Co Ltd - Advanced Valuation Insights

This section examines the relationship between Lets Holding Group 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 1.08
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) -7.7%
Total Assets CN¥5.98 Billion
Market Capitalization $391.21 Million USD

Valuation Analysis

Below Book Valuation: The market values Lets Holding Group Co Ltd's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Lets Holding Group Co Ltd's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Lets Holding Group Co Ltd (2006–2024)

The table below shows the annual total assets of Lets Holding Group Co Ltd from 2006 to 2024.

Year Total Assets Change
2024-12-31 CN¥5.98 Billion
≈ $874.60 Million
-7.66%
2023-12-31 CN¥6.47 Billion
≈ $947.11 Million
+1.15%
2022-12-31 CN¥6.40 Billion
≈ $936.37 Million
-1.75%
2021-12-31 CN¥6.51 Billion
≈ $953.04 Million
+19.57%
2020-12-31 CN¥5.45 Billion
≈ $797.04 Million
+22.43%
2019-12-31 CN¥4.45 Billion
≈ $651.04 Million
+21.79%
2018-12-31 CN¥3.65 Billion
≈ $534.56 Million
+16.14%
2017-12-31 CN¥3.15 Billion
≈ $460.28 Million
+18.38%
2016-12-31 CN¥2.66 Billion
≈ $388.81 Million
+7.24%
2015-12-31 CN¥2.48 Billion
≈ $362.55 Million
+1.84%
2014-12-31 CN¥2.43 Billion
≈ $355.99 Million
+4.31%
2013-12-31 CN¥2.33 Billion
≈ $341.30 Million
+18.71%
2012-12-31 CN¥1.96 Billion
≈ $287.52 Million
+31.86%
2011-12-31 CN¥1.49 Billion
≈ $218.04 Million
+10.74%
2010-12-31 CN¥1.35 Billion
≈ $196.90 Million
+178.58%
2009-12-31 CN¥483.01 Million
≈ $70.68 Million
+19.61%
2008-12-31 CN¥403.82 Million
≈ $59.09 Million
+28.96%
2007-12-31 CN¥313.14 Million
≈ $45.82 Million
+14.51%
2006-12-31 CN¥273.45 Million
≈ $40.01 Million
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About Lets Holding Group Co Ltd

SHE:002398 China Building Materials
Market Cap
$391.21 Million
CN¥2.67 Billion CNY
Market Cap Rank
#13312 Global
#3917 in China
Share Price
CN¥3.83
Change (1 day)
-5.43%
52-Week Range
CN¥3.63 - CN¥6.85
All Time High
CN¥11.93
About

Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, electric power, and other projects. The company also offers technical construction serv… Read more