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¥2.25 Billion CNY (≈ $329.56 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 002909 net asset value for net asset value and shareholders' equity analysis.
Guangzhou Jointas Chemical Joint Stock Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Guangzhou Jointas Chemical Joint Stock Co Ltd's total assets have evolved over time, based on quarterly financial data.
Guangzhou Jointas Chemical Joint Stock Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangzhou Jointas Chemical Joint Stock Co Ltd's total assets of CN¥2.25 Billion consist of 39.5% current assets and 60.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.1% |
| Accounts Receivable | CN¥502.30 Million | 22.3% |
| Inventory | CN¥112.30 Million | 5.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥386.91 Million | 17.2% |
| Goodwill | CN¥24.92 Million | 1.1% |
Asset Composition Trend (2012–2024)
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. For live market cap, price, and company overview, see Guangzhou Jointas Chemical Joint Stock C market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangzhou Jointas Chemical Joint Stock Co Ltd's current assets represent 39.5% of total assets in 2024, a decrease from 75.6% in 2012.
- Cash Position: Cash and equivalents constituted 10.1% of total assets in 2024, 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 accounts receivable at 22.3% 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 |
|---|---|---|
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €13.95 Billion |
|
Air Products and Chemicals Inc
NYSE:APD
|
USA | $41.24 Billion |
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Swancor Advanced Materials Co Ltd
SHG:688585
|
China | CN¥2.24 Billion |
|
Azelis Group NV
BR:AZE
|
Belgium | €5.41 Billion |
|
Shenzhen Rongda Photosensitive & Technology Co Ltd
SHE:300576
|
China | CN¥2.07 Billion |
|
Jihua Group Corp Ltd
SHG:601718
|
China | CN¥20.16 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
China | CN¥6.21 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 | 0.69 | 0.83 | 1.47 |
| Quick Ratio | 0.61 | 0.72 | 1.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-341.33 Million | CN¥-198.43 Million | CN¥335.13 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 | 2.80 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 14.6% |
| Total Assets | CN¥2.25 Billion |
| Market Capitalization | $381.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangzhou Jointas Chemical Joint Stock Co Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Guangzhou Jointas Chemical Joint Stock Co Ltd's assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Guangzhou Jointas Chemical Joint Stock Co Ltd (2012–2024)
The table below shows the annual total assets of Guangzhou Jointas Chemical Joint Stock Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 sale of sealants and coatings in China. The company offers construction, home improvement, electronic, automobile and ship, and solar photovoltaic glue products, as well as construction and industrial adhesives and paints. It sells its products under the Antai and Jitai brands. Guangzhou Jointas Chemical Co… Read more