Jiangsu Gaoke Petrochemical Co
Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd. engages in the research, development, production, and sales of lubricants and greases in China. The company offers engine oil, diesel engine oil, gear oil, grease, automatic transmission fluid, and brake fluid, as well as construction machinery products. Its products are used in the metallurgical, engineering machinery, trucks, transformer oil, meta… Read more
Jiangsu Gaoke Petrochemical Co (002778) - Total Assets
Latest total assets as of September 2025: CN¥905.01 Million CNY
Based on the latest financial reports, Jiangsu Gaoke Petrochemical Co (002778) holds total assets worth CN¥905.01 Million 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.
Jiangsu Gaoke Petrochemical Co - Total Assets Trend (2008–2024)
This chart illustrates how Jiangsu Gaoke Petrochemical Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Gaoke Petrochemical Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Gaoke Petrochemical Co's total assets of CN¥905.01 Million consist of 95.9% current assets and 4.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.0% |
| Accounts Receivable | CN¥475.79 Million | 41.0% |
| Inventory | CN¥8.18 Million | 0.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.48 Million | 0.1% |
| Goodwill | CN¥21.14 Million | 1.8% |
Asset Composition Trend (2008–2024)
This chart illustrates how Jiangsu Gaoke Petrochemical Co'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: Jiangsu Gaoke Petrochemical Co's current assets represent 95.9% of total assets in 2024, an increase from 75.2% in 2008.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, down from 10.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 41.0% of total assets.
Jiangsu Gaoke Petrochemical Co Competitors by Total Assets
Key competitors of Jiangsu Gaoke Petrochemical Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
|
Hiap Huat Holdings Bhd
KLSE:0160
|
Malaysia | RM396.34 Million |
Jiangsu Gaoke Petrochemical Co - 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
Moderate asset utilization - Jiangsu Gaoke Petrochemical Co generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiangsu Gaoke Petrochemical Co is currently not profitable relative to its asset base.
Jiangsu Gaoke Petrochemical Co - 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 | 2.60 | 1.82 | 1.95 |
| Quick Ratio | 2.50 | 1.63 | 1.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥501.52 Million | CN¥ 406.05 Million | CN¥ 516.39 Million |
Jiangsu Gaoke Petrochemical Co - Advanced Valuation Insights
This section examines the relationship between Jiangsu Gaoke Petrochemical Co'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 | 8.58 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -18.7% |
| Total Assets | CN¥1.16 Billion |
| Market Capitalization | $205.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Gaoke Petrochemical Co's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiangsu Gaoke Petrochemical Co's assets decreased by 18.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiangsu Gaoke Petrochemical Co (2008–2024)
The table below shows the annual total assets of Jiangsu Gaoke Petrochemical Co from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion | -18.66% |
| 2023-12-31 | CN¥1.43 Billion | -2.89% |
| 2022-12-31 | CN¥1.47 Billion | -10.52% |
| 2021-12-31 | CN¥1.64 Billion | +3.90% |
| 2020-12-31 | CN¥1.58 Billion | +95.91% |
| 2019-12-31 | CN¥807.00 Million | +4.27% |
| 2018-12-31 | CN¥773.92 Million | +5.41% |
| 2017-12-31 | CN¥734.18 Million | +4.12% |
| 2016-12-31 | CN¥705.14 Million | -4.16% |
| 2015-12-31 | CN¥735.72 Million | +32.36% |
| 2014-12-31 | CN¥555.83 Million | +5.40% |
| 2013-12-31 | CN¥527.37 Million | -0.79% |
| 2012-12-31 | CN¥531.58 Million | -1.42% |
| 2011-12-31 | CN¥539.21 Million | +57.36% |
| 2010-12-31 | CN¥342.66 Million | +30.09% |
| 2009-12-31 | CN¥263.39 Million | +35.60% |
| 2008-12-31 | CN¥194.24 Million | -- |