Grg Metrology
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China. The company offers measurement and calibration, environmental and reliability testing, EMC testing, chemical and failure analysis, safety test and certification, environmental monitoring, and food and agricultural product testing services; integrated circui… Read more
Grg Metrology (002967) - Total Assets
Latest total assets as of September 2025: CN¥6.56 Billion CNY
Based on the latest financial reports, Grg Metrology (002967) holds total assets worth CN¥6.56 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.
Grg Metrology - Total Assets Trend (2012–2024)
This chart illustrates how Grg Metrology’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grg Metrology - Asset Composition Analysis
Current Asset Composition (December 2024)
Grg Metrology's total assets of CN¥6.56 Billion consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.6% |
| Accounts Receivable | CN¥1.93 Billion | 29.5% |
| Inventory | CN¥30.94 Million | 0.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥150.95 Million | 2.3% |
| Goodwill | CN¥166.53 Million | 2.5% |
Asset Composition Trend (2012–2024)
This chart illustrates how Grg Metrology'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: Grg Metrology's current assets represent 49.8% of total assets in 2024, a decrease from 60.3% in 2012.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2024, down from 32.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 2.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 29.5% of total assets.
Grg Metrology Competitors by Total Assets
Key competitors of Grg Metrology based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Orbitech Co. Ltd
KQ:046120
|
Korea | ₩126.48 Billion |
|
Centre Testing Intl Shenzhen
SHE:300012
|
China | CN¥9.86 Billion |
|
Shanghai HYP-ARCH Architectural Design Consultant Co.Ltd.
SHE:301024
|
China | CN¥703.68 Million |
|
Palgon AG
DU:3D6
|
Germany | €169.74K |
|
Rejlerkoncernen AB
F:3RE
|
Germany | €3.97 Billion |
|
China Building Material
SHG:603060
|
China | CN¥5.79 Billion |
|
Rich Honour International Designs Co Ltd
TW:6754
|
Taiwan | NT$4.58 Billion |
|
RC Fornax Plc
F:8AD
|
Germany | €6.05 Million |
Grg Metrology - 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 - Grg Metrology generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Grg Metrology generates $5.37 in net profit.
Grg Metrology - 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 | 1.68 | 1.80 | 1.12 |
| Quick Ratio | 1.64 | 1.77 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.31 Billion | CN¥ 1.39 Billion | CN¥ 163.36 Million |
Grg Metrology - Advanced Valuation Insights
This section examines the relationship between Grg Metrology'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 | 4.27 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 8.0% |
| Total Assets | CN¥6.55 Billion |
| Market Capitalization | $788.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values Grg Metrology's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Grg Metrology's assets grew by 8.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Grg Metrology (2012–2024)
The table below shows the annual total assets of Grg Metrology from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.55 Billion | +7.97% |
| 2023-12-31 | CN¥6.07 Billion | +9.30% |
| 2022-12-31 | CN¥5.55 Billion | +5.19% |
| 2021-12-31 | CN¥5.28 Billion | +57.81% |
| 2020-12-31 | CN¥3.35 Billion | +15.13% |
| 2019-12-31 | CN¥2.91 Billion | +44.85% |
| 2018-12-31 | CN¥2.01 Billion | +37.31% |
| 2017-12-31 | CN¥1.46 Billion | +27.46% |
| 2016-12-31 | CN¥1.15 Billion | +96.80% |
| 2015-12-31 | CN¥582.48 Million | +56.93% |
| 2014-12-31 | CN¥371.17 Million | +50.48% |
| 2013-12-31 | CN¥246.65 Million | +53.12% |
| 2012-12-31 | CN¥161.08 Million | -- |