Fujian Minfa Aluminium Co Ltd
Fujian Minfa Aluminium Inc. develops, processes, and sells aluminum alloy extruded profiles for architecture, general engineering, and industry fields in China. The company offers sliding, casement, and insulated windows and doors; railings and shutters; aluminum formwork and aluminum plates; and curtainwall building profiles. It also provides industrial profiles, including luggage, decorating, a… Read more
Fujian Minfa Aluminium Co Ltd (002578) - Total Assets
Latest total assets as of September 2025: CN¥2.51 Billion CNY
Based on the latest financial reports, Fujian Minfa Aluminium Co Ltd (002578) holds total assets worth CN¥2.51 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.
Fujian Minfa Aluminium Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Fujian Minfa Aluminium Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fujian Minfa Aluminium Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fujian Minfa Aluminium Co Ltd's total assets of CN¥2.51 Billion consist of 70.1% current assets and 29.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.6% |
| Accounts Receivable | CN¥622.01 Million | 26.7% |
| Inventory | CN¥276.21 Million | 11.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥88.46 Million | 3.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Fujian Minfa Aluminium 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: Fujian Minfa Aluminium Co Ltd's current assets represent 70.1% of total assets in 2024, an increase from 41.7% in 2008.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, up from 9.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 12.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 26.7% of total assets.
Fujian Minfa Aluminium Co Ltd Competitors by Total Assets
Key competitors of Fujian Minfa Aluminium Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612
|
China | CN¥8.14 Billion |
|
Yunnan Aluminium Co Ltd
SHE:000807
|
China | CN¥47.75 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
China | CN¥57.74 Billion |
|
Aluko Co Ltd
KO:001780
|
Korea | ₩915.01 Billion |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
China | CN¥14.40 Billion |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
China | CN¥8.74 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
China | CN¥14.41 Billion |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
China | CN¥3.19 Billion |
Fujian Minfa Aluminium 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 - Fujian Minfa Aluminium Co Ltd generates 0.96x 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, Fujian Minfa Aluminium Co Ltd generates $ 0.89 in net profit.
Fujian Minfa Aluminium 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 | 1.88 | 2.02 | 2.58 |
| Quick Ratio | 1.46 | 1.61 | 1.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥842.14 Million | CN¥ 910.25 Million | CN¥ 575.32 Million |
Fujian Minfa Aluminium Co Ltd - Advanced Valuation Insights
This section examines the relationship between Fujian Minfa Aluminium 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 | 2.71 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | CN¥2.33 Billion |
| Market Capitalization | $265.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fujian Minfa Aluminium Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fujian Minfa Aluminium Co Ltd's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fujian Minfa Aluminium Co Ltd (2008–2024)
The table below shows the annual total assets of Fujian Minfa Aluminium Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.33 Billion | -10.44% |
| 2023-12-31 | CN¥2.61 Billion | +9.34% |
| 2022-12-31 | CN¥2.38 Billion | +19.58% |
| 2021-12-31 | CN¥1.99 Billion | +9.82% |
| 2020-12-31 | CN¥1.81 Billion | +7.12% |
| 2019-12-31 | CN¥1.69 Billion | -0.85% |
| 2018-12-31 | CN¥1.71 Billion | +0.49% |
| 2017-12-31 | CN¥1.70 Billion | +0.35% |
| 2016-12-31 | CN¥1.69 Billion | +32.79% |
| 2015-12-31 | CN¥1.28 Billion | -2.44% |
| 2014-12-31 | CN¥1.31 Billion | +7.21% |
| 2013-12-31 | CN¥1.22 Billion | +5.68% |
| 2012-12-31 | CN¥1.15 Billion | +11.49% |
| 2011-12-31 | CN¥1.04 Billion | +89.44% |
| 2010-12-31 | CN¥546.51 Million | +5.69% |
| 2009-12-31 | CN¥517.06 Million | +4.09% |
| 2008-12-31 | CN¥496.75 Million | -- |