Hainan Drinda Automotive Trim Co Ltd
Hainan Drinda New Energy Technology Co., Ltd. designs, researches, develops, produces, and markets photovoltaic cells. It engages in generation of N-type TOPCon solar cells. The company was formerly known as Hainan Drinda Automotive Trim Co., Ltd and changed its name to Hainan Drinda New Energy Technology Co., Ltd. in September 2022. Hainan Drinda New Energy Technology Co., Ltd. was founded in 20… Read more
Hainan Drinda Automotive Trim Co Ltd (002865) - Total Assets
Latest total assets as of September 2025: CN¥18.01 Billion CNY
Based on the latest financial reports, Hainan Drinda Automotive Trim Co Ltd (002865) holds total assets worth CN¥18.01 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.
Hainan Drinda Automotive Trim Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Hainan Drinda Automotive Trim Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hainan Drinda Automotive Trim Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hainan Drinda Automotive Trim Co Ltd's total assets of CN¥18.01 Billion consist of 38.5% current assets and 61.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.5% |
| Accounts Receivable | CN¥879.97 Million | 5.4% |
| Inventory | CN¥552.08 Million | 3.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥321.02 Million | 2.0% |
| Goodwill | CN¥854.84 Million | 5.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how Hainan Drinda Automotive Trim 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: Hainan Drinda Automotive Trim Co Ltd's current assets represent 38.5% of total assets in 2024, a decrease from 46.5% in 2011.
- Cash Position: Cash and equivalents constituted 21.5% of total assets in 2024, up from 9.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 5.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 5.4% of total assets.
Hainan Drinda Automotive Trim Co Ltd Competitors by Total Assets
Key competitors of Hainan Drinda Automotive Trim Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
|
Solarvest Holdings Bhd
KLSE:0215
|
Malaysia | RM1.11 Billion |
Hainan Drinda Automotive Trim 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
Moderate asset utilization - Hainan Drinda Automotive Trim Co Ltd generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hainan Drinda Automotive Trim Co Ltd is currently not profitable relative to its asset base.
Hainan Drinda Automotive Trim 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 | 1.16 | 0.96 | 1.48 |
| Quick Ratio | 1.07 | 0.86 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.15 Billion | CN¥ -235.05 Million | CN¥ 278.36 Million |
Hainan Drinda Automotive Trim Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hainan Drinda Automotive Trim 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 | 5.98 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -10.5% |
| Total Assets | CN¥16.46 Billion |
| Market Capitalization | $2.32 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hainan Drinda Automotive Trim Co Ltd's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hainan Drinda Automotive Trim Co Ltd's assets decreased by 10.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hainan Drinda Automotive Trim Co Ltd (2011–2024)
The table below shows the annual total assets of Hainan Drinda Automotive Trim Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.46 Billion | -10.47% |
| 2023-12-31 | CN¥18.38 Billion | +93.74% |
| 2022-12-31 | CN¥9.49 Billion | +57.76% |
| 2021-12-31 | CN¥6.02 Billion | +223.82% |
| 2020-12-31 | CN¥1.86 Billion | +0.90% |
| 2019-12-31 | CN¥1.84 Billion | -5.16% |
| 2018-12-31 | CN¥1.94 Billion | +12.92% |
| 2017-12-31 | CN¥1.72 Billion | +20.62% |
| 2016-12-31 | CN¥1.43 Billion | +25.00% |
| 2015-12-31 | CN¥1.14 Billion | -1.05% |
| 2014-12-31 | CN¥1.15 Billion | +16.30% |
| 2013-12-31 | CN¥990.87 Million | +43.30% |
| 2012-12-31 | CN¥691.49 Million | +19.63% |
| 2011-12-31 | CN¥578.01 Million | -- |