Shandong Longquan Pipeline Engineering Co Ltd
Shandong Longquan Pipe Industry Co.,Ltd engages in the production, sale, installation, and service of prestressed concrete cylinder pipes and metal pipe fittings in China. It also offers concrete pipes, including Prestressed Concrete Cylinder Pipe with Internal Lining, Embedded prestressed concrete cylinder pipe, Armored joint prestressed steel cylinder concrete pipe, el cylinder concrete pipe, P… Read more
Shandong Longquan Pipeline Engineering Co Ltd (002671) - Total Assets
Latest total assets as of September 2025: CN¥3.20 Billion CNY
Based on the latest financial reports, Shandong Longquan Pipeline Engineering Co Ltd (002671) holds total assets worth CN¥3.20 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.
Shandong Longquan Pipeline Engineering Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Shandong Longquan Pipeline Engineering Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Longquan Pipeline Engineering Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Longquan Pipeline Engineering Co Ltd's total assets of CN¥3.20 Billion consist of 62.1% current assets and 37.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.4% |
| Accounts Receivable | CN¥911.48 Million | 30.9% |
| Inventory | CN¥225.07 Million | 7.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥152.92 Million | 5.2% |
| Goodwill | CN¥77.69 Million | 2.6% |
Asset Composition Trend (2008–2024)
This chart illustrates how Shandong Longquan Pipeline Engineering 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: Shandong Longquan Pipeline Engineering Co Ltd's current assets represent 62.1% of total assets in 2024, a decrease from 66.8% in 2008.
- Cash Position: Cash and equivalents constituted 22.4% of total assets in 2024, up from 10.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 6.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 30.9% of total assets.
Shandong Longquan Pipeline Engineering Co Ltd Competitors by Total Assets
Key competitors of Shandong Longquan Pipeline Engineering Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Shandong Longquan Pipeline Engineering 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 - Shandong Longquan Pipeline Engineering Co Ltd generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shandong Longquan Pipeline Engineering Co Ltd generates $ 2.23 in net profit.
Shandong Longquan Pipeline Engineering 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 | 2.08 | 1.66 | 1.74 |
| Quick Ratio | 1.79 | 1.39 | 1.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.10 Billion | CN¥ 707.91 Million | CN¥ 652.92 Million |
Shandong Longquan Pipeline Engineering Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Longquan Pipeline Engineering 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 | 1.87 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥2.95 Billion |
| Market Capitalization | $246.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Longquan Pipeline Engineering Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shandong Longquan Pipeline Engineering Co Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shandong Longquan Pipeline Engineering Co Ltd (2008–2024)
The table below shows the annual total assets of Shandong Longquan Pipeline Engineering Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.95 Billion | +13.12% |
| 2023-12-31 | CN¥2.60 Billion | -1.54% |
| 2022-12-31 | CN¥2.64 Billion | -16.38% |
| 2021-12-31 | CN¥3.16 Billion | +2.18% |
| 2020-12-31 | CN¥3.10 Billion | -1.78% |
| 2019-12-31 | CN¥3.15 Billion | -7.01% |
| 2018-12-31 | CN¥3.39 Billion | -7.94% |
| 2017-12-31 | CN¥3.68 Billion | +6.91% |
| 2016-12-31 | CN¥3.44 Billion | +39.55% |
| 2015-12-31 | CN¥2.47 Billion | +3.34% |
| 2014-12-31 | CN¥2.39 Billion | +8.44% |
| 2013-12-31 | CN¥2.20 Billion | +81.76% |
| 2012-12-31 | CN¥1.21 Billion | +135.87% |
| 2011-12-31 | CN¥513.56 Million | +45.75% |
| 2010-12-31 | CN¥352.34 Million | +10.63% |
| 2009-12-31 | CN¥318.50 Million | +15.50% |
| 2008-12-31 | CN¥275.76 Million | -- |