Jiangsu Changbao Steeltube Co Ltd (002478) - Total Assets

Latest as of March 2026: CN¥8.82 Billion CNY ≈ $1.29 Billion USD

Based on the latest financial reports, Jiangsu Changbao Steeltube Co Ltd (002478) holds total assets worth CN¥8.82 Billion CNY (≈ $1.29 Billion USD) as of March 2026. 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. Check 002478 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Jiangsu Changbao Steeltube Co Ltd - Total Assets Trend (2007–2025)

This chart illustrates how Jiangsu Changbao Steeltube Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 002478 long-term investment intensity to see how much of total assets are deployed in long-term investments.

Jiangsu Changbao Steeltube Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Jiangsu Changbao Steeltube Co Ltd's total assets of CN¥8.82 Billion consist of 65.1% current assets and 35.0% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	33.7%
Accounts Receivable	CN¥641.78 Million	7.2%
Inventory	CN¥1.21 Billion	13.6%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥151.15 Million	1.7%
Goodwill	CN¥9.60 Million	0.1%

Asset Composition Trend (2007–2025)

This chart illustrates how Jiangsu Changbao Steeltube 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 market value of Jiangsu Changbao Steeltube Co Ltd.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Jiangsu Changbao Steeltube Co Ltd's current assets represent 65.1% of total assets in 2025, a decrease from 68.1% in 2007.
Cash Position: Cash and equivalents constituted 33.7% of total assets in 2025, up from 26.6% in 2007.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2007.
Asset Diversification: The largest asset category is inventory at 13.6% of total assets.

Jiangsu Changbao Steeltube Co Ltd Competitors by Total Assets

Key competitors of Jiangsu Changbao Steeltube Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Gerdau S.A F:GDUA	Germany	€81.05 Billion
CSN Mineração S.A SA:CMIN3	Brazil	R$33.55 Billion
Gerdau S.A SA:GGBR3	Brazil	R$81.05 Billion
NMDC Steel Limited NSE:NSLNISP	India	Rs278.81 Billion
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHG:601686	China	CN¥26.74 Billion
Champion Iron Ltd TO:CIA	Canada	CA$3.43 Billion
Zhejiang Kaier New Materials SHE:300234	China	CN¥1.34 Billion
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd SHG:603878	China	CN¥4.19 Billion

Jiangsu Changbao Steeltube 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	2.25	2.44	2.09
Quick Ratio	1.74	1.94	1.50
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥3.18 Billion	CN¥3.21 Billion	CN¥2.22 Billion

Jiangsu Changbao Steeltube Co Ltd - Advanced Valuation Insights

This section examines the relationship between Jiangsu Changbao Steeltube 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	1.02
Latest Market Cap to Assets Ratio	0.10
Asset Growth Rate (YoY)	6.9%
Total Assets	CN¥8.87 Billion
Market Capitalization	$868.67 Million USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Changbao Steeltube Co Ltd's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Jiangsu Changbao Steeltube Co Ltd's assets grew by 6.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Jiangsu Changbao Steeltube Co Ltd (2007–2025)

The table below shows the annual total assets of Jiangsu Changbao Steeltube Co Ltd from 2007 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥8.87 Billion ≈ $1.30 Billion	+6.90%
2024-12-31	CN¥8.29 Billion ≈ $1.21 Billion	+6.07%
2023-12-31	CN¥7.82 Billion ≈ $1.14 Billion	+6.60%
2022-12-31	CN¥7.34 Billion ≈ $1.07 Billion	+5.23%
2021-12-31	CN¥6.97 Billion ≈ $1.02 Billion	+1.20%
2020-12-31	CN¥6.89 Billion ≈ $1.01 Billion	+0.64%
2019-12-31	CN¥6.84 Billion ≈ $1.00 Billion	+6.56%
2018-12-31	CN¥6.42 Billion ≈ $939.83 Million	+13.09%
2017-12-31	CN¥5.68 Billion ≈ $831.07 Million	+44.42%
2016-12-31	CN¥3.93 Billion ≈ $575.46 Million	-0.40%
2015-12-31	CN¥3.95 Billion ≈ $577.77 Million	-0.80%
2014-12-31	CN¥3.98 Billion ≈ $582.45 Million	+7.63%
2013-12-31	CN¥3.70 Billion ≈ $541.15 Million	+9.76%
2012-12-31	CN¥3.37 Billion ≈ $493.03 Million	+12.20%
2011-12-31	CN¥3.00 Billion ≈ $439.44 Million	-16.28%
2010-12-31	CN¥3.59 Billion ≈ $524.90 Million	+58.84%
2009-12-31	CN¥2.26 Billion ≈ $330.46 Million	-17.77%
2008-12-31	CN¥2.75 Billion ≈ $401.88 Million	+117.93%
2007-12-31	CN¥1.26 Billion ≈ $184.41 Million	--

About Jiangsu Changbao Steeltube Co Ltd

SHE:002478 China Steel

Market Cap

$868.67 Million

CN¥5.94 Billion CNY

Market Cap Rank

#9610 Global

#2513 in China

Share Price

CN¥6.59

Change (1 day)

-2.80%

52-Week Range

CN¥5.25 - CN¥13.87

All Time High

CN¥13.87