Guangzhou Jointas Chemical Joint Stock Co Ltd (002909) - Total Assets
Based on the latest financial reports, Guangzhou Jointas Chemical Joint Stock Co Ltd (002909) holds total assets worth CN¥2.37 Billion CNY (≈ $346.62 Million USD) as of June 2026. 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.
Guangzhou Jointas Chemical Joint Stock Co Ltd - Total Assets Trend (2012–2025)
This chart illustrates how Guangzhou Jointas Chemical Joint Stock Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see market cap of Guangzhou Jointas Chemical Joint Stock C for the company's overall valuation and market capitalisation.
Guangzhou Jointas Chemical Joint Stock Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Guangzhou Jointas Chemical Joint Stock Co Ltd's total assets of CN¥2.37 Billion consist of 31.0% current assets and 69.0% non-current assets. Review 002909 current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.7% |
| Accounts Receivable | CN¥335.14 Million | 15.0% |
| Inventory | CN¥84.65 Million | 3.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥382.75 Million | 17.2% |
| Goodwill | CN¥24.92 Million | 1.1% |
Asset Composition Trend (2012–2025)
This chart illustrates how Guangzhou Jointas Chemical Joint Stock 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. See 002909 stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangzhou Jointas Chemical Joint Stock Co Ltd's current assets represent 31.0% of total assets in 2025, a decrease from 75.6% in 2012.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2025, down from 10.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 6.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 17.2% of total assets.
Guangzhou Jointas Chemical Joint Stock Co Ltd Competitors by Total Assets
Key competitors of Guangzhou Jointas Chemical Joint Stock Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
China | CN¥89.26 Billion |
|
Suzhou TA&A Ultra Clean Technology Co Ltd
SHE:300390
|
China | CN¥27.92 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
China | CN¥10.25 Billion |
|
Jiangsu Sidike New Materials Sci Te
SHE:300806
|
China | CN¥8.17 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
China | CN¥6.11 Billion |
|
Enaex S.A
SN:ENAEX
|
Chile | CL$2.28 Billion |
|
GCH Technology Co. Ltd. A
SHG:688625
|
China | CN¥3.20 Billion |
|
Aether Industries Limited
NSE:AETHER
|
India | Rs32.01 Billion |
Guangzhou Jointas Chemical Joint Stock 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 | 0.64 | 0.71 | 1.27 |
| Quick Ratio | 0.56 | 0.62 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-415.37 Million | CN¥-322.42 Million | CN¥226.11 Million |
Guangzhou Jointas Chemical Joint Stock Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangzhou Jointas Chemical Joint Stock 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 | 3.97 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -1.1% |
| Total Assets | CN¥2.23 Billion |
| Market Capitalization | $402.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangzhou Jointas Chemical Joint Stock Co Ltd's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Guangzhou Jointas Chemical Joint Stock Co Ltd's assets decreased by 1.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Guangzhou Jointas Chemical Joint Stock Co Ltd (2012–2025)
The table below shows the annual total assets of Guangzhou Jointas Chemical Joint Stock Co Ltd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.23 Billion ≈ $326.29 Million |
-1.06% |
| 2024-12-31 | CN¥2.25 Billion ≈ $329.79 Million |
+14.62% |
| 2023-12-31 | CN¥1.97 Billion ≈ $287.72 Million |
+4.04% |
| 2022-12-31 | CN¥1.89 Billion ≈ $276.54 Million |
+0.04% |
| 2021-12-31 | CN¥1.89 Billion ≈ $276.44 Million |
+14.55% |
| 2020-12-31 | CN¥1.65 Billion ≈ $241.31 Million |
+65.08% |
| 2019-12-31 | CN¥998.98 Million ≈ $146.18 Million |
+13.83% |
| 2018-12-31 | CN¥877.58 Million ≈ $128.42 Million |
+6.44% |
| 2017-12-31 | CN¥824.50 Million ≈ $120.65 Million |
+76.27% |
| 2016-12-31 | CN¥467.75 Million ≈ $68.45 Million |
+8.97% |
| 2015-12-31 | CN¥429.26 Million ≈ $62.81 Million |
-0.01% |
| 2014-12-31 | CN¥429.29 Million ≈ $62.82 Million |
+25.18% |
| 2013-12-31 | CN¥342.94 Million ≈ $50.18 Million |
+24.86% |
| 2012-12-31 | CN¥274.66 Million ≈ $40.19 Million |
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About Guangzhou Jointas Chemical Joint Stock Co Ltd
Guangzhou Jointas Chemical Co., Ltd. engages in the research, development, production, and sales of adhesives in China. Its products are used in construction, containers, automobiles/electric vehicles, electronics, transportation, petrochemical equipment, steel structures, and engineering equipment. It sells its products under the Antai and Jitai brands. Guangzhou Jointas Chemical Co., Ltd. was f… Read more