Zibo Qixiang Tengda Chemical Co Ltd (002408) - Total Assets
Based on the latest financial reports, Zibo Qixiang Tengda Chemical Co Ltd (002408) holds total assets worth CN¥24.74 Billion CNY (≈ $3.62 Billion 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. See 002408 net asset value for net asset value and shareholders' equity analysis.
Zibo Qixiang Tengda Chemical Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Zibo Qixiang Tengda Chemical Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zibo Qixiang Tengda Chemical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zibo Qixiang Tengda Chemical Co Ltd's total assets of CN¥24.74 Billion consist of 26.1% current assets and 73.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.4% |
| Accounts Receivable | CN¥2.28 Billion | 9.0% |
| Inventory | CN¥1.18 Billion | 4.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.62 Billion | 6.4% |
| Goodwill | CN¥640.57 Million | 2.5% |
Asset Composition Trend (2006–2024)
This chart illustrates how Zibo Qixiang Tengda 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 Zibo Qixiang Tengda Chemical Co Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zibo Qixiang Tengda Chemical Co Ltd's current assets represent 26.1% of total assets in 2024, a decrease from 62.3% in 2006.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2024, down from 28.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 3.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 9.0% of total assets.
Zibo Qixiang Tengda Chemical Co Ltd Competitors by Total Assets
Key competitors of Zibo Qixiang Tengda Chemical Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €13.95 Billion |
|
Air Products and Chemicals Inc
NYSE:APD
|
USA | $41.24 Billion |
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Swancor Advanced Materials Co Ltd
SHG:688585
|
China | CN¥2.24 Billion |
|
Azelis Group NV
BR:AZE
|
Belgium | €5.41 Billion |
|
Shenzhen Rongda Photosensitive & Technology Co Ltd
SHE:300576
|
China | CN¥2.07 Billion |
|
Jihua Group Corp Ltd
SHG:601718
|
China | CN¥20.16 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
China | CN¥6.21 Billion |
Zibo Qixiang Tengda 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 | 0.70 | 0.65 | 1.14 |
| Quick Ratio | 0.55 | 0.51 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-2.95 Billion | CN¥-3.42 Billion | CN¥1.04 Billion |
Zibo Qixiang Tengda Chemical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zibo Qixiang Tengda 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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | CN¥25.36 Billion |
| Market Capitalization | $2.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zibo Qixiang Tengda Chemical Co Ltd's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zibo Qixiang Tengda Chemical Co Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zibo Qixiang Tengda Chemical Co Ltd (2006–2024)
The table below shows the annual total assets of Zibo Qixiang Tengda Chemical Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥25.36 Billion ≈ $3.71 Billion |
-5.30% |
| 2023-12-31 | CN¥26.78 Billion ≈ $3.92 Billion |
-7.66% |
| 2022-12-31 | CN¥29.00 Billion ≈ $4.24 Billion |
+11.24% |
| 2021-12-31 | CN¥26.07 Billion ≈ $3.81 Billion |
+26.17% |
| 2020-12-31 | CN¥20.66 Billion ≈ $3.02 Billion |
+46.23% |
| 2019-12-31 | CN¥14.13 Billion ≈ $2.07 Billion |
+22.71% |
| 2018-12-31 | CN¥11.52 Billion ≈ $1.69 Billion |
+19.39% |
| 2017-12-31 | CN¥9.65 Billion ≈ $1.41 Billion |
+12.80% |
| 2016-12-31 | CN¥8.55 Billion ≈ $1.25 Billion |
+6.24% |
| 2015-12-31 | CN¥8.05 Billion ≈ $1.18 Billion |
+23.05% |
| 2014-12-31 | CN¥6.54 Billion ≈ $957.12 Million |
+25.47% |
| 2013-12-31 | CN¥5.21 Billion ≈ $762.82 Million |
+18.70% |
| 2012-12-31 | CN¥4.39 Billion ≈ $642.64 Million |
+43.45% |
| 2011-12-31 | CN¥3.06 Billion ≈ $447.99 Million |
+12.37% |
| 2010-12-31 | CN¥2.72 Billion ≈ $398.67 Million |
+227.97% |
| 2009-12-31 | CN¥830.70 Million ≈ $121.56 Million |
-1.71% |
| 2008-12-31 | CN¥845.18 Million ≈ $123.68 Million |
+80.19% |
| 2007-12-31 | CN¥469.05 Million ≈ $68.64 Million |
+40.77% |
| 2006-12-31 | CN¥333.21 Million ≈ $48.76 Million |
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About Zibo Qixiang Tengda Chemical Co Ltd
Zibo Qixiang Tengda Chemical Co., Ltd engages in the chemical manufacturing sector in China and internationally. The company offers methyl ethyl ketone, cis-ethanol, propylene, rubber, butadiene, methyl methacrylate, butadiene latex, tert-butyl alcohol, isooctane, MTBE, propylene oxide, acrylic acid, various catalysts for petroleum and chemical industries, etc. It is also involved in the supply c… Read more