Longxing Chemical Stock Co Ltd
Longxing Technology Group Co., Ltd. produces and sells carbon black products under the Longxing brand in China. The company offers carbon black, silica, and coal tar products. Its carbon black is used for the production of steel and semi-steel radial tires and inner tubes; and used in door and window sealing strips, oil pipes, shock absorbers, brake pads, and other auto parts, as well as rubbers,… Read more
Longxing Chemical Stock Co Ltd (002442) - Total Assets
Latest total assets as of September 2025: CN¥4.51 Billion CNY
Based on the latest financial reports, Longxing Chemical Stock Co Ltd (002442) holds total assets worth CN¥4.51 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.
Longxing Chemical Stock Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Longxing Chemical Stock Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Longxing Chemical Stock Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Longxing Chemical Stock Co Ltd's total assets of CN¥4.51 Billion consist of 60.0% current assets and 40.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.1% |
| Accounts Receivable | CN¥1.75 Billion | 39.7% |
| Inventory | CN¥473.90 Million | 10.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥248.71 Million | 5.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Longxing Chemical Stock 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: Longxing Chemical Stock Co Ltd's current assets represent 60.0% of total assets in 2024, a decrease from 63.9% in 2007.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, down from 12.6% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 39.7% of total assets.
Longxing Chemical Stock Co Ltd Competitors by Total Assets
Key competitors of Longxing Chemical Stock Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Longxing Chemical Stock Co Ltd - 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
Strong asset utilization - Longxing Chemical Stock Co Ltd generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Longxing Chemical Stock Co Ltd generates $ 3.22 in net profit.
Longxing Chemical Stock 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 | 1.91 | 2.13 | 1.18 |
| Quick Ratio | 1.48 | 1.69 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.26 Billion | CN¥ 1.43 Billion | CN¥ 217.08 Million |
Longxing Chemical Stock Co Ltd - Advanced Valuation Insights
This section examines the relationship between Longxing Chemical Stock 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 16.0% |
| Total Assets | CN¥4.41 Billion |
| Market Capitalization | $262.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Longxing Chemical Stock Co Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Longxing Chemical Stock Co Ltd's assets grew by 16.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Longxing Chemical Stock Co Ltd (2007–2024)
The table below shows the annual total assets of Longxing Chemical Stock Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.41 Billion | +15.97% |
| 2023-12-31 | CN¥3.80 Billion | +12.54% |
| 2022-12-31 | CN¥3.38 Billion | +20.90% |
| 2021-12-31 | CN¥2.80 Billion | +11.07% |
| 2020-12-31 | CN¥2.52 Billion | -5.46% |
| 2019-12-31 | CN¥2.66 Billion | -8.61% |
| 2018-12-31 | CN¥2.91 Billion | -1.96% |
| 2017-12-31 | CN¥2.97 Billion | +13.68% |
| 2016-12-31 | CN¥2.61 Billion | -7.65% |
| 2015-12-31 | CN¥2.83 Billion | -10.46% |
| 2014-12-31 | CN¥3.16 Billion | +0.97% |
| 2013-12-31 | CN¥3.13 Billion | +19.12% |
| 2012-12-31 | CN¥2.63 Billion | +19.12% |
| 2011-12-31 | CN¥2.21 Billion | +27.88% |
| 2010-12-31 | CN¥1.73 Billion | +92.08% |
| 2009-12-31 | CN¥898.06 Million | -3.30% |
| 2008-12-31 | CN¥928.69 Million | +23.82% |
| 2007-12-31 | CN¥750.01 Million | -- |