Ningxia Qinglong Pipes Industry Co Ltd (002457) - Total Assets
Based on the latest financial reports, Ningxia Qinglong Pipes Industry Co Ltd (002457) holds total assets worth CN¥4.87 Billion CNY (≈ $712.24 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 002457 net assets for net asset value and shareholders' equity analysis.
Ningxia Qinglong Pipes Industry Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Ningxia Qinglong Pipes Industry Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ningxia Qinglong Pipes Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningxia Qinglong Pipes Industry Co Ltd's total assets of CN¥4.87 Billion consist of 71.6% current assets and 28.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.3% |
| Accounts Receivable | CN¥1.72 Billion | 38.0% |
| Inventory | CN¥662.66 Million | 14.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥166.46 Million | 3.7% |
| Goodwill | CN¥89.47 Million | 2.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Ningxia Qinglong Pipes Industry 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 how much is Ningxia Qinglong Pipes Industry Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningxia Qinglong Pipes Industry Co Ltd's current assets represent 71.6% of total assets in 2024, a decrease from 74.0% in 2007.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, down from 17.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 5.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 38.0% of total assets.
Ningxia Qinglong Pipes Industry Co Ltd Competitors by Total Assets
Key competitors of Ningxia Qinglong Pipes Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
China | CN¥4.38 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
|
D&O Home Collection Co Ltd
SHE:002798
|
China | CN¥5.62 Billion |
|
Zhejiang Lianxiang Smart Home
SHG:603272
|
China | CN¥650.52 Million |
|
Jiangsu Jingxue Insulation
SHE:301010
|
China | CN¥1.50 Billion |
|
Deceuninck
BR:DECB
|
Belgium | €708.72 Million |
|
PT Mulia Industrindo Tbk
JK:MLIA
|
Indonesia | Rp7.34 Trillion |
|
Bigbloc Construction Limited
NSE:BIGBLOC
|
India | Rs3.77 Billion |
Ningxia Qinglong Pipes Industry 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 | 1.67 | 1.73 | 1.79 |
| Quick Ratio | 1.23 | 1.24 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.41 Billion | CN¥1.37 Billion | CN¥1.08 Billion |
Ningxia Qinglong Pipes Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningxia Qinglong Pipes Industry 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 | 1.70 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | CN¥4.54 Billion |
| Market Capitalization | $563.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningxia Qinglong Pipes Industry Co Ltd's assets below their book value (0.12x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningxia Qinglong Pipes Industry Co Ltd's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningxia Qinglong Pipes Industry Co Ltd (2007–2024)
The table below shows the annual total assets of Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.54 Billion ≈ $664.10 Million |
+5.42% |
| 2023-12-31 | CN¥4.30 Billion ≈ $629.95 Million |
+3.34% |
| 2022-12-31 | CN¥4.17 Billion ≈ $609.57 Million |
+3.69% |
| 2021-12-31 | CN¥4.02 Billion ≈ $587.89 Million |
+9.91% |
| 2020-12-31 | CN¥3.66 Billion ≈ $534.89 Million |
+2.65% |
| 2019-12-31 | CN¥3.56 Billion ≈ $521.10 Million |
+23.65% |
| 2018-12-31 | CN¥2.88 Billion ≈ $421.42 Million |
+2.83% |
| 2017-12-31 | CN¥2.80 Billion ≈ $409.81 Million |
-3.88% |
| 2016-12-31 | CN¥2.91 Billion ≈ $426.36 Million |
+17.79% |
| 2015-12-31 | CN¥2.47 Billion ≈ $361.97 Million |
+10.15% |
| 2014-12-31 | CN¥2.25 Billion ≈ $328.62 Million |
-6.29% |
| 2013-12-31 | CN¥2.40 Billion ≈ $350.67 Million |
+23.50% |
| 2012-12-31 | CN¥1.94 Billion ≈ $283.95 Million |
+3.61% |
| 2011-12-31 | CN¥1.87 Billion ≈ $274.06 Million |
+2.95% |
| 2010-12-31 | CN¥1.82 Billion ≈ $266.21 Million |
+88.77% |
| 2009-12-31 | CN¥963.73 Million ≈ $141.02 Million |
+26.00% |
| 2008-12-31 | CN¥764.85 Million ≈ $111.92 Million |
+39.00% |
| 2007-12-31 | CN¥550.25 Million ≈ $80.52 Million |
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About Ningxia Qinglong Pipes Industry Co Ltd
Qinglong Pipes Industry Group Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of water pipelines and related products in China. The company offers concrete pipes and products, such as prestressed steel cylinder concrete pipes, reinforced wound steel cylinder concrete pipes, prestressed concrete pipes, reinforced concrete drainage pipes, rein… Read more