Shandong Longda Meat Foodstuff Co Ltd (002726) - Total Assets
Based on the latest financial reports, Shandong Longda Meat Foodstuff Co Ltd (002726) holds total assets worth CN¥5.46 Billion CNY (≈ $799.48 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. See Shandong Longda Meat Foodstuff Co Ltd (002726) shareholders funds for net asset value and shareholders' equity analysis.
Shandong Longda Meat Foodstuff Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Shandong Longda Meat Foodstuff Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shandong Longda Meat Foodstuff Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Longda Meat Foodstuff Co Ltd's total assets of CN¥5.46 Billion consist of 43.0% current assets and 57.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.5% |
| Accounts Receivable | CN¥530.04 Million | 9.0% |
| Inventory | CN¥994.36 Million | 16.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥125.51 Million | 2.1% |
| Goodwill | CN¥26.87 Million | 0.5% |
Asset Composition Trend (2009–2024)
This chart illustrates how Shandong Longda Meat Foodstuff 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. For live market cap, price, and company overview, see 002726 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Longda Meat Foodstuff Co Ltd's current assets represent 43.0% of total assets in 2024, a decrease from 56.2% in 2009.
- Cash Position: Cash and equivalents constituted 16.5% of total assets in 2024, up from 9.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 16.9% of total assets.
Shandong Longda Meat Foodstuff Co Ltd Competitors by Total Assets
Key competitors of Shandong Longda Meat Foodstuff Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Orkla ASA
OL:ORK
|
Norway | Nkr88.70 Billion |
|
New Hope Dairy Co Ltd
SHE:002946
|
China | CN¥9.38 Billion |
|
Yankershop Food Co Ltd
SHE:002847
|
China | CN¥4.06 Billion |
|
Bellring Brands LLC
NYSE:BRBR
|
USA | $1.06 Billion |
|
Shandong Bailong Chuangyuan Bio-Tech Co. Ltd.
SHG:605016
|
China | CN¥2.58 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
China | CN¥5.36 Billion |
|
Xinjiang Guannong Fruit & Antler Group Co Ltd
SHG:600251
|
China | CN¥5.94 Billion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
China | CN¥8.38 Billion |
Shandong Longda Meat Foodstuff 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 | 0.80 | 0.91 | 1.57 |
| Quick Ratio | 0.42 | 0.51 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-525.89 Million | CN¥-275.03 Million | CN¥2.29 Billion |
Shandong Longda Meat Foodstuff Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Longda Meat Foodstuff 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 | 3.47 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -6.9% |
| Total Assets | CN¥5.88 Billion |
| Market Capitalization | $451.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Longda Meat Foodstuff Co Ltd's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shandong Longda Meat Foodstuff Co Ltd's assets decreased by 6.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shandong Longda Meat Foodstuff Co Ltd (2009–2024)
The table below shows the annual total assets of Shandong Longda Meat Foodstuff Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.88 Billion ≈ $860.35 Million |
-6.93% |
| 2023-12-31 | CN¥6.32 Billion ≈ $924.45 Million |
-20.80% |
| 2022-12-31 | CN¥7.98 Billion ≈ $1.17 Billion |
-3.11% |
| 2021-12-31 | CN¥8.23 Billion ≈ $1.20 Billion |
-3.72% |
| 2020-12-31 | CN¥8.55 Billion ≈ $1.25 Billion |
+35.35% |
| 2019-12-31 | CN¥6.32 Billion ≈ $924.54 Million |
+68.28% |
| 2018-12-31 | CN¥3.75 Billion ≈ $549.42 Million |
+47.61% |
| 2017-12-31 | CN¥2.54 Billion ≈ $372.22 Million |
+10.64% |
| 2016-12-31 | CN¥2.30 Billion ≈ $336.43 Million |
+19.09% |
| 2015-12-31 | CN¥1.93 Billion ≈ $282.51 Million |
+10.95% |
| 2014-12-31 | CN¥1.74 Billion ≈ $254.63 Million |
+40.66% |
| 2013-12-31 | CN¥1.24 Billion ≈ $181.02 Million |
+20.01% |
| 2012-12-31 | CN¥1.03 Billion ≈ $150.84 Million |
+5.73% |
| 2011-12-31 | CN¥974.95 Million ≈ $142.67 Million |
+6.80% |
| 2010-12-31 | CN¥912.89 Million ≈ $133.58 Million |
+25.98% |
| 2009-12-31 | CN¥724.65 Million ≈ $106.04 Million |
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About Shandong Longda Meat Foodstuff Co Ltd
Shandong Longda Meishi Co., Ltd. operates as a meat processing company in China. The company operates through slaughtering and aquaculture sectors.It is involved in pig slaughtering and fresh and frozen meat processing; breeding business; and provision of food safety testing services. It offers ingredients; and semi-finished and finished dishes. The also exports its products to Japan. The company… Read more