Fujian Minfa Aluminium Co Ltd (002578) - Total Assets
Based on the latest financial reports, Fujian Minfa Aluminium Co Ltd (002578) holds total assets worth CN¥2.51 Billion CNY (≈ $366.99 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 002578 net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Fujian Minfa Aluminium Co Ltd market capitalisation.
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 |
|---|---|---|
|
Xinjiang Joinworld Co Ltd
SHG:600888
|
China | CN¥19.79 Billion |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
China | CN¥4.21 Billion |
|
Maan Aluminium Limited
NSE:MAANALU
|
India | Rs3.05 Billion |
|
Alpha Hpa Ltd
AU:A4N
|
Australia | AU$305.35 Million |
|
Capral Ltd
AU:CAA
|
Australia | AU$482.90 Million |
|
ABX Group Ltd
AU:ABX
|
Australia | AU$18.71 Million |
|
AMAG Austria Metall AG
VI:AMAG
|
Austria | €1.66 Billion |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
Brazil | R$13.97 Billion |
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 | 0.25 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | CN¥2.33 Billion |
| Market Capitalization | $582.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fujian Minfa Aluminium Co Ltd's assets below their book value (0.25x), 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 ≈ $341.45 Million |
-10.44% |
| 2023-12-31 | CN¥2.61 Billion ≈ $381.26 Million |
+9.34% |
| 2022-12-31 | CN¥2.38 Billion ≈ $348.69 Million |
+19.58% |
| 2021-12-31 | CN¥1.99 Billion ≈ $291.59 Million |
+9.82% |
| 2020-12-31 | CN¥1.81 Billion ≈ $265.52 Million |
+7.12% |
| 2019-12-31 | CN¥1.69 Billion ≈ $247.87 Million |
-0.85% |
| 2018-12-31 | CN¥1.71 Billion ≈ $249.99 Million |
+0.49% |
| 2017-12-31 | CN¥1.70 Billion ≈ $248.78 Million |
+0.35% |
| 2016-12-31 | CN¥1.69 Billion ≈ $247.90 Million |
+32.79% |
| 2015-12-31 | CN¥1.28 Billion ≈ $186.70 Million |
-2.44% |
| 2014-12-31 | CN¥1.31 Billion ≈ $191.37 Million |
+7.21% |
| 2013-12-31 | CN¥1.22 Billion ≈ $178.50 Million |
+5.68% |
| 2012-12-31 | CN¥1.15 Billion ≈ $168.90 Million |
+11.49% |
| 2011-12-31 | CN¥1.04 Billion ≈ $151.50 Million |
+89.44% |
| 2010-12-31 | CN¥546.51 Million ≈ $79.97 Million |
+5.69% |
| 2009-12-31 | CN¥517.06 Million ≈ $75.66 Million |
+4.09% |
| 2008-12-31 | CN¥496.75 Million ≈ $72.69 Million |
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About 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