Shandong Hongyu Agricultural Machinery Co Ltd
Shandong Hongyu Precision Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery parts and components in China and internationally. It offers electric control lifters, hydraulic lifts and cylinders, control valves, and casting products. Shandong Hongyu Precision Machinery Co., Ltd. was formerly known as Shandong Hongyu Agricultural Ma… Read more
Shandong Hongyu Agricultural Machinery Co Ltd (002890) - Total Assets
Latest total assets as of September 2025: CN¥741.50 Million CNY
Based on the latest financial reports, Shandong Hongyu Agricultural Machinery Co Ltd (002890) holds total assets worth CN¥741.50 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.
Shandong Hongyu Agricultural Machinery Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Shandong Hongyu Agricultural Machinery Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Hongyu Agricultural Machinery Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Hongyu Agricultural Machinery Co Ltd's total assets of CN¥741.50 Million consist of 73.2% current assets and 26.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.0% |
| Accounts Receivable | CN¥158.03 Million | 21.4% |
| Inventory | CN¥123.12 Million | 16.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥24.12 Million | 3.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Shandong Hongyu Agricultural Machinery 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: Shandong Hongyu Agricultural Machinery Co Ltd's current assets represent 73.2% of total assets in 2024, an increase from 48.3% in 2012.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 5.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 21.4% of total assets.
Shandong Hongyu Agricultural Machinery Co Ltd Competitors by Total Assets
Key competitors of Shandong Hongyu Agricultural Machinery Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Shandong Hongyu Agricultural Machinery 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 - Shandong Hongyu Agricultural Machinery Co Ltd generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shandong Hongyu Agricultural Machinery Co Ltd generates $ 2.29 in net profit.
Shandong Hongyu Agricultural Machinery 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 | 4.09 | 3.99 | 4.93 |
| Quick Ratio | 3.26 | 3.09 | 3.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥398.45 Million | CN¥ 401.68 Million | CN¥ 372.94 Million |
Shandong Hongyu Agricultural Machinery Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Hongyu Agricultural Machinery 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 | 4.80 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | CN¥737.45 Million |
| Market Capitalization | $172.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Hongyu Agricultural Machinery Co Ltd's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shandong Hongyu Agricultural Machinery Co Ltd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shandong Hongyu Agricultural Machinery Co Ltd (2012–2024)
The table below shows the annual total assets of Shandong Hongyu Agricultural Machinery Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥737.45 Million | +0.01% |
| 2023-12-31 | CN¥737.41 Million | -0.26% |
| 2022-12-31 | CN¥739.36 Million | +3.95% |
| 2021-12-31 | CN¥711.29 Million | +8.72% |
| 2020-12-31 | CN¥654.26 Million | +2.05% |
| 2019-12-31 | CN¥641.10 Million | +0.43% |
| 2018-12-31 | CN¥638.38 Million | +5.62% |
| 2017-12-31 | CN¥604.40 Million | +48.59% |
| 2016-12-31 | CN¥406.76 Million | +6.25% |
| 2015-12-31 | CN¥382.83 Million | -9.38% |
| 2014-12-31 | CN¥422.45 Million | -13.20% |
| 2013-12-31 | CN¥486.68 Million | +6.37% |
| 2012-12-31 | CN¥457.51 Million | -- |