New Hope Dairy Co Ltd (002946) - Total Assets
Based on the latest financial reports, New Hope Dairy Co Ltd (002946) holds total assets worth CN¥9.38 Billion CNY (≈ $1.37 Billion 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.
New Hope Dairy Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how New Hope Dairy Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see how much is New Hope Dairy Co Ltd worth for the company's overall valuation and market capitalisation.
New Hope Dairy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
New Hope Dairy Co Ltd's total assets of CN¥9.38 Billion consist of 22.5% current assets and 77.5% non-current assets. Review 002946 total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.5% |
| Accounts Receivable | CN¥649.29 Million | 7.3% |
| Inventory | CN¥741.64 Million | 8.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥661.92 Million | 7.5% |
| Goodwill | CN¥1.00 Billion | 11.3% |
Asset Composition Trend (2014–2024)
This chart illustrates how New Hope Dairy 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 New Hope Dairy Co Ltd stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New Hope Dairy Co Ltd's current assets represent 22.5% of total assets in 2024, a decrease from 39.0% in 2014.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, down from 7.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 3.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 11.3% of total assets.
New Hope Dairy Co Ltd Competitors by Total Assets
Key competitors of New Hope Dairy Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.83 Billion |
|
Saputo Inc
TO:SAP
|
Canada | CA$13.61 Billion |
|
Lotus Bakeries
BR:LOTB
|
Belgium | €1.54 Billion |
|
COFCO Tunhe Sugar Co Ltd
SHG:600737
|
China | CN¥22.01 Billion |
|
Nongshim
KO:004370
|
Korea | ₩4.00 Trillion |
|
Grupo Bimbo S.A.B. de C.V
MX:BIMBOA
|
Mexico | MX$414.57 Billion |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
India | Rs42.35 Billion |
|
Juewei Food Co Ltd
SHG:603517
|
China | CN¥8.18 Billion |
New Hope Dairy 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 | 0.59 | 0.56 | 0.54 |
| Quick Ratio | 0.43 | 0.39 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.61 Billion | CN¥-1.71 Billion | CN¥-1.59 Billion |
New Hope Dairy Co Ltd - Advanced Valuation Insights
This section examines the relationship between New Hope Dairy 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 | 4.65 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | CN¥8.88 Billion |
| Market Capitalization | $1.82 Billion USD |
Valuation Analysis
Below Book Valuation: The market values New Hope Dairy Co Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: New Hope Dairy Co Ltd's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New Hope Dairy Co Ltd (2014–2024)
The table below shows the annual total assets of New Hope Dairy Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.88 Billion ≈ $1.30 Billion |
-0.66% |
| 2023-12-31 | CN¥8.94 Billion ≈ $1.31 Billion |
-5.82% |
| 2022-12-31 | CN¥9.49 Billion ≈ $1.39 Billion |
-0.14% |
| 2021-12-31 | CN¥9.50 Billion ≈ $1.39 Billion |
+10.79% |
| 2020-12-31 | CN¥8.58 Billion ≈ $1.26 Billion |
+59.93% |
| 2019-12-31 | CN¥5.36 Billion ≈ $784.93 Million |
+26.48% |
| 2018-12-31 | CN¥4.24 Billion ≈ $620.58 Million |
-3.20% |
| 2017-12-31 | CN¥4.38 Billion ≈ $641.09 Million |
-1.70% |
| 2016-12-31 | CN¥4.46 Billion ≈ $652.15 Million |
+9.28% |
| 2015-12-31 | CN¥4.08 Billion ≈ $596.76 Million |
+39.98% |
| 2014-12-31 | CN¥2.91 Billion ≈ $426.31 Million |
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About New Hope Dairy Co Ltd
New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers pasteurized milk, ultra-high temperature milk, formulated milk, fermented milk, and other dairy products, as well as involved in food trading, dairy cattle breeding, and other businesses. New Hope Dairy Co., Ltd. was founded in 2006 and is based in Chengdu, China. New Hope Dairy Co., Ltd. operates as a subsidiary of UN… Read more