Jiangsu Changfa Refrigeration Co Ltd (002413) - Total Assets

Latest as of September 2025: CN¥5.09 Billion CNY ≈ $744.89 Million USD

Based on the latest financial reports, Jiangsu Changfa Refrigeration Co Ltd (002413) holds total assets worth CN¥5.09 Billion CNY (≈ $744.89 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. See 002413 total equity for net asset value and shareholders' equity analysis.

Jiangsu Changfa Refrigeration Co Ltd - Total Assets Trend (2006–2024)

This chart illustrates how Jiangsu Changfa Refrigeration Co Ltd's total assets have evolved over time, based on quarterly financial data.

Jiangsu Changfa Refrigeration Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiangsu Changfa Refrigeration Co Ltd's total assets of CN¥5.09 Billion consist of 59.9% current assets and 40.1% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	12.1%
Accounts Receivable	CN¥1.39 Billion	28.1%
Inventory	CN¥831.62 Million	16.8%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥318.01 Million	6.4%
Goodwill	CN¥395.40 Million	8.0%

Asset Composition Trend (2006–2024)

This chart illustrates how Jiangsu Changfa Refrigeration 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 002413 stock market capitalisation.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Jiangsu Changfa Refrigeration Co Ltd's current assets represent 59.9% of total assets in 2024, a decrease from 75.1% in 2006.
Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, down from 12.5% in 2006.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 2.0% in 2006.
Asset Diversification: The largest asset category is accounts receivable at 28.1% of total assets.

Jiangsu Changfa Refrigeration Co Ltd Competitors by Total Assets

Key competitors of Jiangsu Changfa Refrigeration Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Shenzhen Everbest Machinery Indus SHE:002980	China	CN¥1.46 Billion
Goldcard High-Tech Co Ltd SHE:300349	China	CN¥7.07 Billion
Orexplore Technologies Ltd AU:OXT	Australia	AU$10.11 Million
Codan Ltd AU:CDA	Australia	AU$904.80 Million
Catapult Group International Ltd AU:CAT	Australia	AU$218.31 Million
Ikegps Group Ltd AU:IKE	Australia	AU$51.01 Million
Optiscan Imaging Ltd AU:OIL	Australia	AU$10.56 Million
Structural Monitoring Systems Plc AU:SMN	Australia	AU$34.67 Million

Jiangsu Changfa Refrigeration 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	2.08	2.49	1.91
Quick Ratio	1.37	1.60	1.33
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥1.64 Billion	CN¥1.68 Billion	CN¥1.16 Billion

Jiangsu Changfa Refrigeration Co Ltd - Advanced Valuation Insights

This section examines the relationship between Jiangsu Changfa Refrigeration 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	5.30
Latest Market Cap to Assets Ratio	0.51
Asset Growth Rate (YoY)	-6.5%
Total Assets	CN¥4.94 Billion
Market Capitalization	$2.54 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Changfa Refrigeration Co Ltd's assets below their book value (0.51x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Jiangsu Changfa Refrigeration Co Ltd's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Jiangsu Changfa Refrigeration Co Ltd (2006–2024)

The table below shows the annual total assets of Jiangsu Changfa Refrigeration Co Ltd from 2006 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥4.94 Billion ≈ $723.40 Million	-6.47%
2023-12-31	CN¥5.29 Billion ≈ $773.48 Million	-11.40%
2022-12-31	CN¥5.97 Billion ≈ $872.98 Million	-7.46%
2021-12-31	CN¥6.45 Billion ≈ $943.35 Million	+10.43%
2020-12-31	CN¥5.84 Billion ≈ $854.28 Million	+27.34%
2019-12-31	CN¥4.58 Billion ≈ $670.84 Million	+0.21%
2018-12-31	CN¥4.57 Billion ≈ $669.42 Million	+11.68%
2017-12-31	CN¥4.10 Billion ≈ $599.43 Million	+9.74%
2016-12-31	CN¥3.73 Billion ≈ $546.21 Million	+59.27%
2015-12-31	CN¥2.34 Billion ≈ $342.94 Million	+45.92%
2014-12-31	CN¥1.61 Billion ≈ $235.03 Million	-10.35%
2013-12-31	CN¥1.79 Billion ≈ $262.16 Million	+21.45%
2012-12-31	CN¥1.48 Billion ≈ $215.85 Million	-8.89%
2011-12-31	CN¥1.62 Billion ≈ $236.92 Million	-3.02%
2010-12-31	CN¥1.67 Billion ≈ $244.30 Million	+86.96%
2009-12-31	CN¥892.97 Million ≈ $130.67 Million	+41.04%
2008-12-31	CN¥633.15 Million ≈ $92.65 Million	-13.57%
2007-12-31	CN¥732.54 Million ≈ $107.19 Million	+10.07%
2006-12-31	CN¥665.53 Million ≈ $97.39 Million	--

About Jiangsu Changfa Refrigeration Co Ltd

SHE:002413 China Scientific & Technical Instruments

Market Cap

$2.54 Billion

CN¥17.34 Billion CNY

Market Cap Rank

#5442 Global

#1099 in China

Share Price

CN¥13.14

Change (1 day)

+3.14%

52-Week Range

CN¥4.40 - CN¥20.13

All Time High

CN¥21.48