Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) - Total Assets
Based on the latest financial reports, Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) holds total assets worth CN¥12.52 Billion CNY (≈ $1.83 Billion 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 002585 book value for net asset value and shareholders' equity analysis.
Jiangsu Shuangxing Color Plastic New Materials Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Jiangsu Shuangxing Color Plastic New Materials Co Ltd's total assets have evolved over time, based on quarterly financial data.
Jiangsu Shuangxing Color Plastic New Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Shuangxing Color Plastic New Materials Co Ltd's total assets of CN¥12.52 Billion consist of 38.3% current assets and 61.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.7% |
| Accounts Receivable | CN¥1.32 Billion | 9.9% |
| Inventory | CN¥2.41 Billion | 18.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥356.94 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Jiangsu Shuangxing Color Plastic New Materials 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 002585 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Shuangxing Color Plastic New Materials Co Ltd's current assets represent 38.3% of total assets in 2024, a decrease from 55.2% in 2008.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, down from 12.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 18.1% of total assets.
Jiangsu Shuangxing Color Plastic New Materials Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Shuangxing Color Plastic New Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
China | CN¥4.31 Billion |
|
Jinfu Technology Co Ltd
SHE:003018
|
China | CN¥1.95 Billion |
|
Zhejiang Cayi Vacuum Container Co. Ltd.
SHE:301004
|
China | CN¥2.74 Billion |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
China | CN¥1.53 Billion |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
China | CN¥3.54 Billion |
|
Eightco Holdings Inc.
NASDAQ:ORBS
|
USA | $355.53 Million |
|
PT Primadaya Plastisindo Tbk
JK:PDPP
|
Indonesia | Rp620.76 Billion |
|
Bowler Metcalf Ltd
JSE:BCF
|
South Africa | ZAC1.07 Billion |
Jiangsu Shuangxing Color Plastic New Materials 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 | 1.37 | 1.35 | 2.59 |
| Quick Ratio | 0.71 | 0.70 | 1.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.20 Billion | CN¥1.32 Billion | CN¥3.02 Billion |
Jiangsu Shuangxing Color Plastic New Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Shuangxing Color Plastic New Materials 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 | 0.97 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | CN¥13.31 Billion |
| Market Capitalization | $1.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Shuangxing Color Plastic New Materials Co Ltd's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Jiangsu Shuangxing Color Plastic New Materials Co Ltd's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu Shuangxing Color Plastic New Materials Co Ltd (2008–2024)
The table below shows the annual total assets of Jiangsu Shuangxing Color Plastic New Materials Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.31 Billion ≈ $1.95 Billion |
-0.71% |
| 2023-12-31 | CN¥13.40 Billion ≈ $1.96 Billion |
+9.40% |
| 2022-12-31 | CN¥12.25 Billion ≈ $1.79 Billion |
+1.01% |
| 2021-12-31 | CN¥12.13 Billion ≈ $1.77 Billion |
+18.67% |
| 2020-12-31 | CN¥10.22 Billion ≈ $1.50 Billion |
+13.59% |
| 2019-12-31 | CN¥9.00 Billion ≈ $1.32 Billion |
-3.30% |
| 2018-12-31 | CN¥9.30 Billion ≈ $1.36 Billion |
+2.79% |
| 2017-12-31 | CN¥9.05 Billion ≈ $1.32 Billion |
+35.32% |
| 2016-12-31 | CN¥6.69 Billion ≈ $978.64 Million |
+15.08% |
| 2015-12-31 | CN¥5.81 Billion ≈ $850.42 Million |
+3.35% |
| 2014-12-31 | CN¥5.62 Billion ≈ $822.87 Million |
+34.37% |
| 2013-12-31 | CN¥4.18 Billion ≈ $612.38 Million |
+3.31% |
| 2012-12-31 | CN¥4.05 Billion ≈ $592.73 Million |
-2.58% |
| 2011-12-31 | CN¥4.16 Billion ≈ $608.44 Million |
+211.45% |
| 2010-12-31 | CN¥1.34 Billion ≈ $195.35 Million |
+93.06% |
| 2009-12-31 | CN¥691.52 Million ≈ $101.19 Million |
+34.53% |
| 2008-12-31 | CN¥514.04 Million ≈ $75.22 Million |
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About Jiangsu Shuangxing Color Plastic New Materials Co Ltd
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. engages in the research, development, production, and sale of polymer composite products in China and internationally. The company offers optical substrates, including protective, optical film, MLCC, and energy-saving window film substrates; optical films, such as diffusion, prism, micro-transparent, optical composite, protective, back coat… Read more