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