Rongyu Group Co Ltd
Whole Shine Medical Technology Co., Ltd. engages in the oral medical services business in China. The company is also involved in the research and development, production, and sale of permanent magnet switches and high and low voltage switch complete sets of equipment products; provision of high-voltage switchgears, low voltage switchgear of other models, permanent magnet indoor high voltage vacuu… Read more
Rongyu Group Co Ltd (002622) - Total Assets
Latest total assets as of September 2025: CN¥1.45 Billion CNY
Based on the latest financial reports, Rongyu Group Co Ltd (002622) holds total assets worth CN¥1.45 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.
Rongyu Group Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Rongyu Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rongyu Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Rongyu Group Co Ltd's total assets of CN¥1.45 Billion consist of 19.8% current assets and 80.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.9% |
| Accounts Receivable | CN¥88.54 Million | 5.9% |
| Inventory | CN¥50.75 Million | 3.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥48.30 Million | 3.2% |
| Goodwill | CN¥199.67 Million | 13.3% |
Asset Composition Trend (2007–2024)
This chart illustrates how Rongyu Group 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: Rongyu Group Co Ltd's current assets represent 19.8% of total assets in 2024, a decrease from 61.9% in 2007.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2024, up from 4.3% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 7.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 13.3% of total assets.
Rongyu Group Co Ltd Competitors by Total Assets
Key competitors of Rongyu Group 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 |
Rongyu Group 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 - Rongyu Group Co Ltd generates 0.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rongyu Group Co Ltd is currently not profitable relative to its asset base.
Rongyu Group 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 | 0.31 | 0.35 | 0.85 |
| Quick Ratio | 0.24 | 0.28 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-612.74 Million | CN¥ -580.31 Million | CN¥ -57.48 Million |
Rongyu Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Rongyu Group 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 | 6.66 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CN¥1.50 Billion |
| Market Capitalization | $242.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rongyu Group Co Ltd's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Rongyu Group Co Ltd's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Rongyu Group Co Ltd (2007–2024)
The table below shows the annual total assets of Rongyu Group Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion | -2.50% |
| 2023-12-31 | CN¥1.54 Billion | -6.09% |
| 2022-12-31 | CN¥1.64 Billion | -8.75% |
| 2021-12-31 | CN¥1.79 Billion | +33.69% |
| 2020-12-31 | CN¥1.34 Billion | -24.10% |
| 2019-12-31 | CN¥1.77 Billion | -5.61% |
| 2018-12-31 | CN¥1.87 Billion | +8.43% |
| 2017-12-31 | CN¥1.73 Billion | +36.10% |
| 2016-12-31 | CN¥1.27 Billion | -6.19% |
| 2015-12-31 | CN¥1.35 Billion | -3.81% |
| 2014-12-31 | CN¥1.41 Billion | +13.14% |
| 2013-12-31 | CN¥1.24 Billion | +5.55% |
| 2012-12-31 | CN¥1.18 Billion | -1.53% |
| 2011-12-31 | CN¥1.19 Billion | +162.61% |
| 2010-12-31 | CN¥455.01 Million | +17.50% |
| 2009-12-31 | CN¥387.23 Million | +9.54% |
| 2008-12-31 | CN¥353.51 Million | +20.22% |
| 2007-12-31 | CN¥294.04 Million | -- |