Jiangxi Hengda Hi-Tech Co Ltd (002591) - Total Assets

Latest as of September 2025: CN¥881.86 Million CNY ≈ $129.04 Million USD

Based on the latest financial reports, Jiangxi Hengda Hi-Tech Co Ltd (002591) holds total assets worth CN¥881.86 Million CNY (≈ $129.04 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. Explore Jiangxi Hengda Hi-Tech Co Ltd (002591) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Jiangxi Hengda Hi-Tech Co Ltd - Total Assets Trend (2006–2024)

This chart illustrates how Jiangxi Hengda Hi-Tech Co Ltd's total assets have evolved over time, based on quarterly financial data. See Jiangxi Hengda Hi-Tech Co Ltd book value and equity for net asset value and shareholders' equity analysis.

Jiangxi Hengda Hi-Tech Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiangxi Hengda Hi-Tech Co Ltd's total assets of CN¥881.86 Million consist of 51.9% current assets and 48.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 11.3%
Accounts Receivable CN¥260.84 Million 30.0%
Inventory CN¥50.54 Million 5.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥24.30 Million 2.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2006–2024)

This chart illustrates how Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech Co Ltd market cap and net worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Jiangxi Hengda Hi-Tech Co Ltd's current assets represent 51.9% of total assets in 2024, a decrease from 74.2% in 2006.
  • Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, down from 15.7% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 9.0% in 2006.
  • Asset Diversification: The largest asset category is accounts receivable at 30.0% of total assets.

Jiangxi Hengda Hi-Tech Co Ltd Competitors by Total Assets

Key competitors of Jiangxi Hengda Hi-Tech Co Ltd based on total assets are shown below.

Company Country Total Assets
Cngr Advanced Material Co Ltd
SHE:300919
China CN¥83.43 Billion
Luxi Chemical Group Co Ltd
SHE:000830
China CN¥35.95 Billion
Guangdong HongDa Blasting Co Ltd
SHE:002683
China CN¥31.56 Billion
Lily Group Co Ltd
SHG:603823
China CN¥3.49 Billion
Lianhe Chemical Technology Co Ltd
SHE:002250
China CN¥13.79 Billion
Shandong Link Science and Technology Co Ltd
SHE:001207
China CN¥3.22 Billion
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886
China CN¥3.75 Billion
New East New Materials Co Ltd
SHG:603110
China CN¥822.44 Million

Jiangxi Hengda Hi-Tech 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 2.19 2.35 3.09
Quick Ratio 1.84 1.99 2.58
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥243.15 Million CN¥251.34 Million CN¥412.04 Million

Jiangxi Hengda Hi-Tech Co Ltd - Advanced Valuation Insights

This section examines the relationship between Jiangxi Hengda Hi-Tech 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 3.48
Latest Market Cap to Assets Ratio 0.30
Asset Growth Rate (YoY) -14.3%
Total Assets CN¥870.71 Million
Market Capitalization $264.89 Million USD

Valuation Analysis

Below Book Valuation: The market values Jiangxi Hengda Hi-Tech Co Ltd's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Jiangxi Hengda Hi-Tech Co Ltd's assets decreased by 14.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Jiangxi Hengda Hi-Tech Co Ltd (2006–2024)

The table below shows the annual total assets of Jiangxi Hengda Hi-Tech Co Ltd from 2006 to 2024.

Year Total Assets Change
2024-12-31 CN¥870.71 Million
≈ $127.41 Million
-14.27%
2023-12-31 CN¥1.02 Billion
≈ $148.62 Million
+0.69%
2022-12-31 CN¥1.01 Billion
≈ $147.60 Million
-8.56%
2021-12-31 CN¥1.10 Billion
≈ $161.42 Million
+11.53%
2020-12-31 CN¥989.03 Million
≈ $144.73 Million
-35.37%
2019-12-31 CN¥1.53 Billion
≈ $223.92 Million
+5.01%
2018-12-31 CN¥1.46 Billion
≈ $213.24 Million
-3.32%
2017-12-31 CN¥1.51 Billion
≈ $220.57 Million
+63.32%
2016-12-31 CN¥922.95 Million
≈ $135.06 Million
-0.59%
2015-12-31 CN¥928.47 Million
≈ $135.86 Million
-0.15%
2014-12-31 CN¥929.89 Million
≈ $136.07 Million
+4.35%
2013-12-31 CN¥891.09 Million
≈ $130.39 Million
+9.76%
2012-12-31 CN¥811.83 Million
≈ $118.80 Million
+8.13%
2011-12-31 CN¥750.79 Million
≈ $109.86 Million
+101.52%
2010-12-31 CN¥372.56 Million
≈ $54.52 Million
+36.64%
2009-12-31 CN¥272.67 Million
≈ $39.90 Million
+15.11%
2008-12-31 CN¥236.86 Million
≈ $34.66 Million
+7.47%
2007-12-31 CN¥220.40 Million
≈ $32.25 Million
+38.55%
2006-12-31 CN¥159.08 Million
≈ $23.28 Million
--

About Jiangxi Hengda Hi-Tech Co Ltd

SHE:002591 China Specialty Chemicals
Market Cap
$264.89 Million
CN¥1.81 Billion CNY
Market Cap Rank
#15370 Global
#4531 in China
Share Price
CN¥6.03
Change (1 day)
+4.51%
52-Week Range
CN¥5.31 - CN¥9.12
All Time High
CN¥19.28
About

Jiangxi Hengda Hi-Tech Co.,Ltd. engages in the research, development, production, and sale of anti-wear and anti-corrosion materials for industrial equipment in China. It provides wear and corrosion protection services, including protective materials, design solutions, and engineering technical services. The company also offers acoustic products, such as noise reduction, sound absorption, and sou… Read more