HaiXin Foods Co Ltd
HaiXin Foods Co.,Ltd, together with its subsidiaries, produces and sells quick-frozen surimi products in China and internationally. The company offers quick-frozen fish and meat products comprising hot pot meatballs, fish balls, meatballs, lucky bags, and fish tofu; quick-frozen rice and noodle products consisting of egg yolk steamed buns and lava buns; quick-frozen dishes, including abalone, hai… Read more
HaiXin Foods Co Ltd (002702) - Total Assets
Latest total assets as of September 2025: CN¥1.97 Billion CNY
Based on the latest financial reports, HaiXin Foods Co Ltd (002702) holds total assets worth CN¥1.97 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.
HaiXin Foods Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how HaiXin Foods Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HaiXin Foods Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
HaiXin Foods Co Ltd's total assets of CN¥1.97 Billion consist of 48.8% current assets and 51.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.4% |
| Accounts Receivable | CN¥215.60 Million | 10.3% |
| Inventory | CN¥460.50 Million | 21.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥64.49 Million | 3.1% |
| Goodwill | CN¥51.34 Million | 2.4% |
Asset Composition Trend (2007–2024)
This chart illustrates how HaiXin Foods 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: HaiXin Foods Co Ltd's current assets represent 48.8% of total assets in 2024, a decrease from 61.7% in 2007.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2024, up from 1.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 7.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 21.9% of total assets.
HaiXin Foods Co Ltd Competitors by Total Assets
Key competitors of HaiXin Foods Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
HaiXin Foods 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
Strong asset utilization - HaiXin Foods Co Ltd generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - HaiXin Foods Co Ltd is currently not profitable relative to its asset base.
HaiXin Foods 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 | 1.27 | 1.36 | 1.70 |
| Quick Ratio | 0.43 | 0.65 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥188.35 Million | CN¥ 252.39 Million | CN¥ 344.64 Million |
HaiXin Foods Co Ltd - Advanced Valuation Insights
This section examines the relationship between HaiXin Foods 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 | 3.28 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | CN¥2.10 Billion |
| Market Capitalization | $266.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values HaiXin Foods Co Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: HaiXin Foods Co Ltd's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for HaiXin Foods Co Ltd (2007–2024)
The table below shows the annual total assets of HaiXin Foods Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.10 Billion | -2.82% |
| 2023-12-31 | CN¥2.16 Billion | +22.58% |
| 2022-12-31 | CN¥1.77 Billion | +18.70% |
| 2021-12-31 | CN¥1.49 Billion | +9.97% |
| 2020-12-31 | CN¥1.35 Billion | +13.12% |
| 2019-12-31 | CN¥1.20 Billion | +3.66% |
| 2018-12-31 | CN¥1.15 Billion | +7.42% |
| 2017-12-31 | CN¥1.07 Billion | -13.26% |
| 2016-12-31 | CN¥1.24 Billion | +28.54% |
| 2015-12-31 | CN¥963.32 Million | -8.95% |
| 2014-12-31 | CN¥1.06 Billion | +7.33% |
| 2013-12-31 | CN¥985.72 Million | +2.62% |
| 2012-12-31 | CN¥960.58 Million | +131.92% |
| 2011-12-31 | CN¥414.19 Million | +19.85% |
| 2010-12-31 | CN¥345.59 Million | +20.53% |
| 2009-12-31 | CN¥286.72 Million | +21.08% |
| 2008-12-31 | CN¥236.80 Million | +56.69% |
| 2007-12-31 | CN¥151.12 Million | -- |