Ronglian Group Ltd (002642) - Total Assets
Based on the latest financial reports, Ronglian Group Ltd (002642) holds total assets worth CN¥2.56 Billion CNY (≈ $374.66 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 Ronglian Group Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Ronglian Group Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Ronglian Group Ltd's total assets have evolved over time, based on quarterly financial data. Explore Ronglian Group Ltd (002642) investment intensity to see how much of total assets are deployed in long-term investments.
Ronglian Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ronglian Group Ltd's total assets of CN¥2.56 Billion consist of 77.2% current assets and 22.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.3% |
| Accounts Receivable | CN¥916.17 Million | 40.3% |
| Inventory | CN¥296.98 Million | 13.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥220.95K | 0.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Ronglian Group 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 002642 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ronglian Group Ltd's current assets represent 77.2% of total assets in 2024, a decrease from 97.6% in 2008.
- Cash Position: Cash and equivalents constituted 21.3% of total assets in 2024, down from 25.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 40.3% of total assets.
Ronglian Group Ltd Competitors by Total Assets
Key competitors of Ronglian Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
China | CN¥11.39 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
China | CN¥968.34 Million |
|
Malam Team
TA:MLTM
|
Israel | ILA2.68 Billion |
|
DB INC
KO:012030
|
Korea | ₩932.35 Billion |
Ronglian Group 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 | 1.50 | 1.49 | 1.52 |
| Quick Ratio | 0.91 | 0.98 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥679.68 Million | CN¥641.44 Million | CN¥690.48 Million |
Ronglian Group Ltd - Advanced Valuation Insights
This section examines the relationship between Ronglian Group 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 | 4.84 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | -12.7% |
| Total Assets | CN¥2.27 Billion |
| Market Capitalization | $675.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ronglian Group Ltd's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ronglian Group Ltd's assets decreased by 12.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ronglian Group Ltd (2008–2024)
The table below shows the annual total assets of Ronglian Group Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion ≈ $332.54 Million |
-12.66% |
| 2023-12-31 | CN¥2.60 Billion ≈ $380.73 Million |
-18.39% |
| 2022-12-31 | CN¥3.19 Billion ≈ $466.51 Million |
-4.67% |
| 2021-12-31 | CN¥3.34 Billion ≈ $489.35 Million |
+19.88% |
| 2020-12-31 | CN¥2.79 Billion ≈ $408.21 Million |
-24.68% |
| 2019-12-31 | CN¥3.70 Billion ≈ $541.97 Million |
-21.10% |
| 2018-12-31 | CN¥4.69 Billion ≈ $686.93 Million |
-20.64% |
| 2017-12-31 | CN¥5.92 Billion ≈ $865.62 Million |
+27.65% |
| 2016-12-31 | CN¥4.63 Billion ≈ $678.14 Million |
-0.55% |
| 2015-12-31 | CN¥4.66 Billion ≈ $681.88 Million |
+45.16% |
| 2014-12-31 | CN¥3.21 Billion ≈ $469.75 Million |
+48.74% |
| 2013-12-31 | CN¥2.16 Billion ≈ $315.82 Million |
+81.79% |
| 2012-12-31 | CN¥1.19 Billion ≈ $173.72 Million |
+10.81% |
| 2011-12-31 | CN¥1.07 Billion ≈ $156.77 Million |
+184.43% |
| 2010-12-31 | CN¥376.65 Million ≈ $55.12 Million |
+27.48% |
| 2009-12-31 | CN¥295.46 Million ≈ $43.23 Million |
+3.15% |
| 2008-12-31 | CN¥286.44 Million ≈ $41.92 Million |
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About Ronglian Group Ltd
Ronglian Group Ltd. provides information technology(IT) services in China and internationally. It provides system integration services, including data center construction, data storage, disaster recovery and backup, network and information security, intelligent buildings, security systems, AI artificial intelligence applications, software customization and development, etc., as well as develops b… Read more