Hubei Heyuan Gas Co Ltd (002971) - Total Assets
Based on the latest financial reports, Hubei Heyuan Gas Co Ltd (002971) holds total assets worth CN¥5.88 Billion CNY (≈ $860.83 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 002971 book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Hubei Heyuan Gas Co Ltd market cap and net worth.
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.
| Company | Country | Total Assets |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493
|
China | CN¥392.92 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
China | CN¥86.15 Billion |
|
Youngy Co Ltd
SHE:002192
|
China | CN¥4.92 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
China | CN¥13.38 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
China | CN¥4.94 Billion |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
China | CN¥2.18 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.77 Billion |
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 | 0.17 |
| Asset Growth Rate (YoY) | 40.5% |
| Total Assets | CN¥5.72 Billion |
| Market Capitalization | $983.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hubei Heyuan Gas Co Ltd's assets below their book value (0.17x), 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 ≈ $837.48 Million |
+40.46% |
| 2023-12-31 | CN¥4.07 Billion ≈ $596.24 Million |
+38.60% |
| 2022-12-31 | CN¥2.94 Billion ≈ $430.18 Million |
+26.07% |
| 2021-12-31 | CN¥2.33 Billion ≈ $341.22 Million |
+27.91% |
| 2020-12-31 | CN¥1.82 Billion ≈ $266.76 Million |
+48.82% |
| 2019-12-31 | CN¥1.22 Billion ≈ $179.25 Million |
+19.03% |
| 2018-12-31 | CN¥1.03 Billion ≈ $150.60 Million |
+16.09% |
| 2017-12-31 | CN¥886.54 Million ≈ $129.73 Million |
+8.17% |
| 2016-12-31 | CN¥819.55 Million ≈ $119.93 Million |
+13.36% |
| 2015-12-31 | CN¥722.96 Million ≈ $105.79 Million |
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About Hubei Heyuan Gas Co Ltd
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