Qifeng New Material Co Ltd
Qifeng New Material Co., Ltd. sells decorative base papers, overlay papers, and non-woven wallpaper base papers in China. The company also offers abrasive backing, surface wear resistant, wrapping, surface, flicker overlay, pre impregnated finishing base, sandpaper base, and leather papers, as well as decorative base papers for digital printing. In addition, it exports its products to approximate… Read more
Qifeng New Material Co Ltd (002521) - Total Assets
Latest total assets as of September 2025: CN¥5.39 Billion CNY
Based on the latest financial reports, Qifeng New Material Co Ltd (002521) holds total assets worth CN¥5.39 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.
Qifeng New Material Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Qifeng New Material Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qifeng New Material Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qifeng New Material Co Ltd's total assets of CN¥5.39 Billion consist of 56.6% current assets and 43.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.5% |
| Accounts Receivable | CN¥1.49 Billion | 27.0% |
| Inventory | CN¥567.11 Million | 10.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥113.94 Million | 2.1% |
| Goodwill | CN¥2.32 Million | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Qifeng New Material 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: Qifeng New Material Co Ltd's current assets represent 56.6% of total assets in 2024, a decrease from 70.5% in 2007.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, down from 20.2% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 27.0% of total assets.
Qifeng New Material Co Ltd Competitors by Total Assets
Key competitors of Qifeng New Material Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Chenming Paper Holdings Ltd
SHE:000488
|
China | CN¥52.85 Billion |
|
MCC Meili Paper Industry Co Ltd
SHE:000815
|
China | CN¥2.32 Billion |
|
Papercorea
KO:001020
|
Korea | ₩485.02 Billion |
|
Zhejiang Kan Specialities Material Co Ltd
SHE:002012
|
China | CN¥1.86 Billion |
|
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067
|
China | CN¥9.00 Billion |
|
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
|
China | CN¥57.85 Billion |
|
Xiamen Anne Corp Ltd
SHE:002235
|
China | CN¥1.20 Billion |
|
Asia Paper
KO:002310
|
Korea | ₩1.05 Trillion |
Qifeng New Material 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
Moderate asset utilization - Qifeng New Material Co Ltd generates 0.61x 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, Qifeng New Material Co Ltd generates $ 2.03 in net profit.
Qifeng New Material 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 | 2.20 | 2.02 | 2.68 |
| Quick Ratio | 1.75 | 1.62 | 2.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.66 Billion | CN¥ 1.41 Billion | CN¥ 2.10 Billion |
Qifeng New Material Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qifeng New Material 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 | 1.16 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | CN¥5.52 Billion |
| Market Capitalization | $387.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qifeng New Material Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qifeng New Material Co Ltd's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qifeng New Material Co Ltd (2007–2024)
The table below shows the annual total assets of Qifeng New Material Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.52 Billion | +10.19% |
| 2023-12-31 | CN¥5.01 Billion | +5.90% |
| 2022-12-31 | CN¥4.73 Billion | -6.61% |
| 2021-12-31 | CN¥5.07 Billion | +7.05% |
| 2020-12-31 | CN¥4.73 Billion | +9.05% |
| 2019-12-31 | CN¥4.34 Billion | -0.40% |
| 2018-12-31 | CN¥4.36 Billion | -2.26% |
| 2017-12-31 | CN¥4.46 Billion | +5.61% |
| 2016-12-31 | CN¥4.22 Billion | +3.08% |
| 2015-12-31 | CN¥4.10 Billion | +1.73% |
| 2014-12-31 | CN¥4.03 Billion | +15.39% |
| 2013-12-31 | CN¥3.49 Billion | +20.48% |
| 2012-12-31 | CN¥2.90 Billion | +13.16% |
| 2011-12-31 | CN¥2.56 Billion | +0.01% |
| 2010-12-31 | CN¥2.56 Billion | +181.91% |
| 2009-12-31 | CN¥908.04 Million | +11.94% |
| 2008-12-31 | CN¥811.19 Million | -7.69% |
| 2007-12-31 | CN¥878.77 Million | -- |