Rendong Holdings Co Ltd
Rendong Holdings Co., Ltd. provides financial services in China. It offers third-party payment, financial leasing, factoring, supply chain management, and other financial technology-related services. The company was formerly known as Meson Fintech Co., Ltd. and changed its name to Rendong Holdings Co., Ltd. in August 2018. Rendong Holdings Co., Ltd. was founded in 1998 and is headquartered in Bei… Read more
Rendong Holdings Co Ltd (002647) - Total Assets
Latest total assets as of September 2025: CN¥5.16 Billion CNY
Based on the latest financial reports, Rendong Holdings Co Ltd (002647) holds total assets worth CN¥5.16 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.
Rendong Holdings Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Rendong Holdings Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rendong Holdings Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Rendong Holdings Co Ltd's total assets of CN¥5.16 Billion consist of 73.8% current assets and 26.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 67.2% |
| Accounts Receivable | CN¥216.54 Million | 4.7% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.52 Million | 0.0% |
| Goodwill | CN¥894.36 Million | 19.5% |
Asset Composition Trend (2008–2024)
This chart illustrates how Rendong Holdings 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: Rendong Holdings Co Ltd's current assets represent 73.8% of total assets in 2024, a decrease from 82.8% in 2008.
- Cash Position: Cash and equivalents constituted 67.2% of total assets in 2024, up from 17.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 4.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 19.5% of total assets.
Rendong Holdings Co Ltd Competitors by Total Assets
Key competitors of Rendong Holdings Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CNPC Capital Co Ltd
SHE:000617
|
China | CN¥1.12 Trillion |
|
Guangzhou Friendship Group Co Ltd
SHE:000987
|
China | CN¥210.72 Billion |
|
Guosheng Financial Holding Inc
SHE:002670
|
China | CN¥48.79 Billion |
|
First Capital Securities Co Ltd Class A
SHE:002797
|
China | CN¥54.90 Billion |
|
Incar Financial Service Co. Ltd.
KQ:211050
|
Korea | ₩896.06 Billion |
|
Yuanta Financial Holdings Co Ltd
TW:2885
|
Taiwan | NT$4.09 Trillion |
|
LX Holdings Corp
KO:383800
|
Korea | ₩2.04 Trillion |
|
LX Holdings Corp. Pfd.
KO:38380K
|
Korea | ₩2.04 Trillion |
Rendong Holdings 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
Lower asset utilization - Rendong Holdings Co Ltd generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rendong Holdings Co Ltd is currently not profitable relative to its asset base.
Rendong Holdings 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 | 1.09 | 0.74 | 0.70 |
| Quick Ratio | 1.09 | 0.74 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥323.57 Million | CN¥ -1.21 Billion | CN¥ -908.09 Million |
Rendong Holdings Co Ltd - Advanced Valuation Insights
This section examines the relationship between Rendong Holdings 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 | 16.34 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | CN¥4.58 Billion |
| Market Capitalization | $1.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Rendong Holdings Co Ltd's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Rendong Holdings Co Ltd's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Rendong Holdings Co Ltd (2008–2024)
The table below shows the annual total assets of Rendong Holdings Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.58 Billion | +3.50% |
| 2023-12-31 | CN¥4.43 Billion | -8.12% |
| 2022-12-31 | CN¥4.82 Billion | +28.36% |
| 2021-12-31 | CN¥3.75 Billion | +1.64% |
| 2020-12-31 | CN¥3.69 Billion | +2.58% |
| 2019-12-31 | CN¥3.60 Billion | -28.20% |
| 2018-12-31 | CN¥5.02 Billion | +76.12% |
| 2017-12-31 | CN¥2.85 Billion | +26.31% |
| 2016-12-31 | CN¥2.25 Billion | +6.51% |
| 2015-12-31 | CN¥2.12 Billion | -20.65% |
| 2014-12-31 | CN¥2.67 Billion | +0.59% |
| 2013-12-31 | CN¥2.65 Billion | -4.53% |
| 2012-12-31 | CN¥2.78 Billion | +25.34% |
| 2011-12-31 | CN¥2.22 Billion | +36.62% |
| 2010-12-31 | CN¥1.62 Billion | -9.09% |
| 2009-12-31 | CN¥1.78 Billion | +3.20% |
| 2008-12-31 | CN¥1.73 Billion | -- |