Shandong Zhangqiu Blower Co Ltd
Shandong Zhangqiu Blower Co., Ltd engages in the design, manufacture, and sale of fans, industrial pumps, and related accessories in China. It offers root and turbo blowers, screw blowers, centrifugal fans, liquid ring vacuum pumps, and MVR evaporation concentration and crystallization system, as well as pneumatic conveying products. The company exports its products to approximately 70 countries,… Read more
Shandong Zhangqiu Blower Co Ltd (002598) - Total Assets
Latest total assets as of September 2025: CN¥3.17 Billion CNY
Based on the latest financial reports, Shandong Zhangqiu Blower Co Ltd (002598) holds total assets worth CN¥3.17 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.
Shandong Zhangqiu Blower Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Shandong Zhangqiu Blower Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Zhangqiu Blower Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Zhangqiu Blower Co Ltd's total assets of CN¥3.17 Billion consist of 74.9% current assets and 25.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.0% |
| Accounts Receivable | CN¥1.47 Billion | 46.8% |
| Inventory | CN¥426.29 Million | 13.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥63.91 Million | 2.0% |
| Goodwill | CN¥49.86 Million | 1.6% |
Asset Composition Trend (2008–2024)
This chart illustrates how Shandong Zhangqiu Blower 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: Shandong Zhangqiu Blower Co Ltd's current assets represent 74.9% of total assets in 2024, an increase from 54.6% in 2008.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, up from 7.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 46.8% of total assets.
Shandong Zhangqiu Blower Co Ltd Competitors by Total Assets
Key competitors of Shandong Zhangqiu Blower Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Shandong Zhangqiu Blower 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
Moderate asset utilization - Shandong Zhangqiu Blower Co Ltd generates 0.66x 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, Shandong Zhangqiu Blower Co Ltd generates $ 2.27 in net profit.
Shandong Zhangqiu Blower 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 | 1.60 | 1.65 | 1.74 |
| Quick Ratio | 1.29 | 1.29 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥882.55 Million | CN¥ 798.77 Million | CN¥ 503.89 Million |
Shandong Zhangqiu Blower Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Zhangqiu Blower 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 | 2.39 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | CN¥3.15 Billion |
| Market Capitalization | $230.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Zhangqiu Blower Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shandong Zhangqiu Blower Co Ltd's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shandong Zhangqiu Blower Co Ltd (2008–2024)
The table below shows the annual total assets of Shandong Zhangqiu Blower Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.15 Billion | +10.56% |
| 2023-12-31 | CN¥2.85 Billion | +11.63% |
| 2022-12-31 | CN¥2.55 Billion | +11.94% |
| 2021-12-31 | CN¥2.28 Billion | +41.42% |
| 2020-12-31 | CN¥1.61 Billion | +17.26% |
| 2019-12-31 | CN¥1.37 Billion | -0.84% |
| 2018-12-31 | CN¥1.39 Billion | +25.58% |
| 2017-12-31 | CN¥1.10 Billion | +7.08% |
| 2016-12-31 | CN¥1.03 Billion | +4.91% |
| 2015-12-31 | CN¥982.17 Million | -1.13% |
| 2014-12-31 | CN¥993.38 Million | +1.59% |
| 2013-12-31 | CN¥977.82 Million | +4.15% |
| 2012-12-31 | CN¥938.88 Million | +1.26% |
| 2011-12-31 | CN¥927.16 Million | +68.17% |
| 2010-12-31 | CN¥551.31 Million | +7.12% |
| 2009-12-31 | CN¥514.67 Million | +3.04% |
| 2008-12-31 | CN¥499.51 Million | -- |