Hubei Heyuan Gas Co Ltd

SHE:002971 China Chemicals
Market Cap
$864.08 Million
CN¥6.34 Billion CNY
Market Cap Rank
#9743 Global
#2054 in China
Share Price
CN¥29.94
Change (1 day)
-3.11%
52-Week Range
CN¥17.24 - CN¥39.12
All Time High
CN¥39.12
About

Hubei Heyuan Gas Co.,Ltd. engages in the research and development, production, and sale of gas products in China. The company is also involved in recovery and recycling of industrial exhaust gas. Further, it offers hydropower energy, metal silicon, hydrochloric acid, industrial exhaust gas, machinery and equipment, transport vehicles. Its products include medical oxygen, industrial oxygen, food a… Read more

Hubei Heyuan Gas Co Ltd (002971) - Total Assets

Latest total assets as of September 2025: CN¥5.88 Billion CNY

Based on the latest financial reports, Hubei Heyuan Gas Co Ltd (002971) holds total assets worth CN¥5.88 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.

Hubei Heyuan Gas Co Ltd - Total Assets Trend (2015–2024)

This chart illustrates how Hubei Heyuan Gas Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Hubei Heyuan Gas Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Hubei Heyuan Gas Co Ltd's total assets of CN¥5.88 Billion consist of 17.2% current assets and 82.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 6.9%
Accounts Receivable CN¥308.73 Million 5.4%
Inventory CN¥73.00 Million 1.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥284.49 Million 5.0%
Goodwill CN¥10.14 Million 0.2%

Asset Composition Trend (2015–2024)

This chart illustrates how Hubei Heyuan Gas 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: Hubei Heyuan Gas Co Ltd's current assets represent 17.2% of total assets in 2024, a decrease from 38.0% in 2015.
  • Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, down from 7.7% in 2015.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2015.
  • Asset Diversification: The largest asset category is accounts receivable at 5.4% of total assets.

Hubei Heyuan Gas Co Ltd Competitors by Total Assets

Key competitors of Hubei Heyuan Gas Co Ltd based on total assets are shown below.

Hubei Heyuan Gas 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

Historical Range: 0.27 - 0.65

Lower asset utilization - Hubei Heyuan Gas Co Ltd generates 0.27x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.28% - 7.32%

Moderate ROA - For every $100 in assets, Hubei Heyuan Gas Co Ltd generates $ 1.28 in net profit.

Hubei Heyuan Gas 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 0.35 0.46 1.00
Quick Ratio 0.31 0.43 0.96
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-1.49 Billion CN¥ -934.28 Million CN¥ 3.04 Million

Hubei Heyuan Gas Co Ltd - Advanced Valuation Insights

This section examines the relationship between Hubei Heyuan Gas 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 4.40
Latest Market Cap to Assets Ratio 0.10
Asset Growth Rate (YoY) 40.5%
Total Assets CN¥5.72 Billion
Market Capitalization $554.24 Million USD

Valuation Analysis

Below Book Valuation: The market values Hubei Heyuan Gas Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Hubei Heyuan Gas Co Ltd's assets grew by 40.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Hubei Heyuan Gas Co Ltd (2015–2024)

The table below shows the annual total assets of Hubei Heyuan Gas Co Ltd from 2015 to 2024.

Year Total Assets Change
2024-12-31 CN¥5.72 Billion +40.46%
2023-12-31 CN¥4.07 Billion +38.60%
2022-12-31 CN¥2.94 Billion +26.07%
2021-12-31 CN¥2.33 Billion +27.91%
2020-12-31 CN¥1.82 Billion +48.82%
2019-12-31 CN¥1.22 Billion +19.03%
2018-12-31 CN¥1.03 Billion +16.09%
2017-12-31 CN¥886.54 Million +8.17%
2016-12-31 CN¥819.55 Million +13.36%
2015-12-31 CN¥722.96 Million --