Shandong Longda Meat Foodstuff Co Ltd (002726) - Total Assets

Latest as of September 2025: CN¥5.46 Billion CNY ≈ $799.48 Million USD

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

SHE:002726 China Packaged Foods
Market Cap
$451.64 Million
CN¥3.09 Billion CNY
Market Cap Rank
#13074 Global
#4108 in China
Share Price
CN¥2.86
Change (1 day)
-4.98%
52-Week Range
CN¥2.86 - CN¥6.37
All Time High
CN¥14.70
About

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