Changzhou Almaden Co Ltd

SHE:002623 China Solar
Market Cap
$658.18 Million
CN¥4.83 Billion CNY
Market Cap Rank
#12613 Global
#3144 in China
Share Price
CN¥24.26
Change (1 day)
-0.90%
52-Week Range
CN¥12.97 - CN¥32.47
All Time High
CN¥56.20
About

Changzhou Almaden Co., Ltd. produces and sells photovoltaic glass coating and double-glass modules in China and internationally. The company offers solar glass, BIPV, photoelectric glass, and full bonding glass related products. It also provides coated conductive glass, atmospheric pressure and vacuum coated glass, and energy-saving and microelectronics glass products. In addition, the company is… Read more

Changzhou Almaden Co Ltd (002623) - Total Assets

Latest total assets as of September 2025: CN¥5.75 Billion CNY

Based on the latest financial reports, Changzhou Almaden Co Ltd (002623) holds total assets worth CN¥5.75 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.

Changzhou Almaden Co Ltd - Total Assets Trend (2008–2024)

This chart illustrates how Changzhou Almaden Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Changzhou Almaden Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Changzhou Almaden Co Ltd's total assets of CN¥5.75 Billion consist of 60.6% current assets and 39.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 20.9%
Accounts Receivable CN¥1.10 Billion 20.4%
Inventory CN¥119.11 Million 2.2%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥136.94 Million 2.5%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Changzhou Almaden 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: Changzhou Almaden Co Ltd's current assets represent 60.6% of total assets in 2024, an increase from 55.2% in 2008.
  • Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, up from 14.9% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2008.
  • Asset Diversification: The largest asset category is accounts receivable at 20.4% of total assets.

Changzhou Almaden Co Ltd Competitors by Total Assets

Key competitors of Changzhou Almaden Co Ltd based on total assets are shown below.

Company Country Total Assets
Shenzhen Topraysolar Co Ltd
SHE:002218
China CN¥6.66 Billion
JA Solar Technology Co Ltd
SHE:002459
China CN¥105.38 Billion
GCL System Integration Technology Co Ltd
SHE:002506
China CN¥19.27 Billion
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
China CN¥18.01 Billion
Hanwha Solutions
KO:009830
Korea ₩32.26 Trillion
Hanwha Chemical Corp Pref
KO:009835
Korea ₩32.26 Trillion
Trive Property Group Bhd
KLSE:0118
Malaysia RM126.77 Million
Solarvest Holdings Bhd
KLSE:0215
Malaysia RM1.11 Billion

Changzhou Almaden 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

Historical Range: 0.32 - 0.69

Moderate asset utilization - Changzhou Almaden Co Ltd generates 0.54x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -2.53% - 3.40%

Negative ROA - Changzhou Almaden Co Ltd is currently not profitable relative to its asset base.

Changzhou Almaden 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 1.63 2.00 1.50
Quick Ratio 1.59 1.92 1.42
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.45 Billion CN¥ 1.70 Billion CN¥ 757.54 Million

Changzhou Almaden Co Ltd - Advanced Valuation Insights

This section examines the relationship between Changzhou Almaden 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 1.80
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 2.5%
Total Assets CN¥5.40 Billion
Market Capitalization $313.43 Million USD

Valuation Analysis

Below Book Valuation: The market values Changzhou Almaden Co Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Changzhou Almaden Co Ltd's assets grew by 2.5% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Changzhou Almaden Co Ltd (2008–2024)

The table below shows the annual total assets of Changzhou Almaden Co Ltd from 2008 to 2024.

Year Total Assets Change
2024-12-31 CN¥5.40 Billion +2.52%
2023-12-31 CN¥5.26 Billion +5.64%
2022-12-31 CN¥4.98 Billion +1.86%
2021-12-31 CN¥4.89 Billion +20.70%
2020-12-31 CN¥4.05 Billion +9.28%
2019-12-31 CN¥3.71 Billion -12.29%
2018-12-31 CN¥4.23 Billion -10.74%
2017-12-31 CN¥4.74 Billion +10.69%
2016-12-31 CN¥4.28 Billion +60.38%
2015-12-31 CN¥2.67 Billion +2.69%
2014-12-31 CN¥2.60 Billion +13.38%
2013-12-31 CN¥2.29 Billion +4.36%
2012-12-31 CN¥2.20 Billion +4.40%
2011-12-31 CN¥2.10 Billion +323.50%
2010-12-31 CN¥496.82 Million +60.61%
2009-12-31 CN¥309.33 Million +183.73%
2008-12-31 CN¥109.02 Million --