Rongyu Group Co Ltd (002622) - Total Assets
Based on the latest financial reports, Rongyu Group Co Ltd (002622) holds total assets worth CN¥1.45 Billion CNY (≈ $212.72 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. See Rongyu Group Co Ltd (002622) shareholders funds for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 002622 market cap overview.
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 |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
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 | 0.23 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CN¥1.50 Billion |
| Market Capitalization | $344.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rongyu Group Co Ltd's assets below their book value (0.23x), 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 ≈ $219.13 Million |
-2.50% |
| 2023-12-31 | CN¥1.54 Billion ≈ $224.75 Million |
-6.09% |
| 2022-12-31 | CN¥1.64 Billion ≈ $239.31 Million |
-8.75% |
| 2021-12-31 | CN¥1.79 Billion ≈ $262.25 Million |
+33.69% |
| 2020-12-31 | CN¥1.34 Billion ≈ $196.16 Million |
-24.10% |
| 2019-12-31 | CN¥1.77 Billion ≈ $258.45 Million |
-5.61% |
| 2018-12-31 | CN¥1.87 Billion ≈ $273.82 Million |
+8.43% |
| 2017-12-31 | CN¥1.73 Billion ≈ $252.52 Million |
+36.10% |
| 2016-12-31 | CN¥1.27 Billion ≈ $185.55 Million |
-6.19% |
| 2015-12-31 | CN¥1.35 Billion ≈ $197.79 Million |
-3.81% |
| 2014-12-31 | CN¥1.41 Billion ≈ $205.63 Million |
+13.14% |
| 2013-12-31 | CN¥1.24 Billion ≈ $181.75 Million |
+5.55% |
| 2012-12-31 | CN¥1.18 Billion ≈ $172.18 Million |
-1.53% |
| 2011-12-31 | CN¥1.19 Billion ≈ $174.85 Million |
+162.61% |
| 2010-12-31 | CN¥455.01 Million ≈ $66.58 Million |
+17.50% |
| 2009-12-31 | CN¥387.23 Million ≈ $56.66 Million |
+9.54% |
| 2008-12-31 | CN¥353.51 Million ≈ $51.73 Million |
+20.22% |
| 2007-12-31 | CN¥294.04 Million ≈ $43.03 Million |
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About 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