Luoyang Northglass Technology Co Ltd (002613) - Total Assets
Based on the latest financial reports, Luoyang Northglass Technology Co Ltd (002613) holds total assets worth CN¥2.95 Billion CNY (≈ $432.25 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. Check 002613 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Luoyang Northglass Technology Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Luoyang Northglass Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 002613 long-term investments to assets to see how much of total assets are deployed in long-term investments.
Luoyang Northglass Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Luoyang Northglass Technology Co Ltd's total assets of CN¥2.95 Billion consist of 63.5% current assets and 36.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.2% |
| Accounts Receivable | CN¥440.36 Million | 14.2% |
| Inventory | CN¥450.42 Million | 14.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥192.95 Million | 6.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Luoyang Northglass Technology 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 Luoyang Northglass Technology Co Ltd (002613) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Luoyang Northglass Technology Co Ltd's current assets represent 63.5% of total assets in 2024, an increase from 47.2% in 2007.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2024, up from 11.6% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 7.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 14.5% of total assets.
Luoyang Northglass Technology Co Ltd Competitors by Total Assets
Key competitors of Luoyang Northglass Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
Luoyang Northglass Technology 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 | 2.86 | 2.25 | 2.95 |
| Quick Ratio | 2.13 | 1.67 | 2.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.23 Billion | CN¥995.44 Million | CN¥954.83 Million |
Luoyang Northglass Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Luoyang Northglass Technology 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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 22.6% |
| Total Assets | CN¥3.11 Billion |
| Market Capitalization | $758.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luoyang Northglass Technology Co Ltd's assets below their book value (0.24x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Luoyang Northglass Technology Co Ltd's assets grew by 22.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Luoyang Northglass Technology Co Ltd (2007–2024)
The table below shows the annual total assets of Luoyang Northglass Technology Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.11 Billion ≈ $454.96 Million |
+22.59% |
| 2023-12-31 | CN¥2.54 Billion ≈ $371.13 Million |
+10.50% |
| 2022-12-31 | CN¥2.30 Billion ≈ $335.85 Million |
-8.11% |
| 2021-12-31 | CN¥2.50 Billion ≈ $365.50 Million |
+18.57% |
| 2020-12-31 | CN¥2.11 Billion ≈ $308.27 Million |
+6.44% |
| 2019-12-31 | CN¥1.98 Billion ≈ $289.62 Million |
+0.98% |
| 2018-12-31 | CN¥1.96 Billion ≈ $286.80 Million |
-7.66% |
| 2017-12-31 | CN¥2.12 Billion ≈ $310.60 Million |
+8.45% |
| 2016-12-31 | CN¥1.96 Billion ≈ $286.40 Million |
+0.66% |
| 2015-12-31 | CN¥1.94 Billion ≈ $284.53 Million |
+0.17% |
| 2014-12-31 | CN¥1.94 Billion ≈ $284.06 Million |
-0.23% |
| 2013-12-31 | CN¥1.95 Billion ≈ $284.71 Million |
+9.14% |
| 2012-12-31 | CN¥1.78 Billion ≈ $260.88 Million |
-0.58% |
| 2011-12-31 | CN¥1.79 Billion ≈ $262.41 Million |
+100.23% |
| 2010-12-31 | CN¥895.57 Million ≈ $131.05 Million |
+15.49% |
| 2009-12-31 | CN¥775.42 Million ≈ $113.47 Million |
+13.19% |
| 2008-12-31 | CN¥685.03 Million ≈ $100.24 Million |
+6.59% |
| 2007-12-31 | CN¥642.67 Million ≈ $94.04 Million |
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About Luoyang Northglass Technology Co Ltd
Luoyang Northglass Technology Co.,Ltd designs, develops, manufactures, and sells glass deep processing equipment in China. The company's deep processing equipment comprises glass tempering furnaces, coating lines, glass automation systems, glass storage systems, glass cutting machines, buffer systems, and vertical seaming and washer machines. It also offers processed glass products, such as lamin… Read more