Guangdong Haomei New Material Co Lt (002988) - Total Assets
Based on the latest financial reports, Guangdong Haomei New Material Co Lt (002988) holds total assets worth CN¥6.70 Billion CNY (≈ $979.75 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.
Guangdong Haomei New Material Co Lt - Total Assets Trend (2015–2024)
This chart illustrates how Guangdong Haomei New Material Co Lt's total assets have evolved over time, based on quarterly financial data. Also see Guangdong Haomei New Material Co Lt (002988) market capitalisation for the company's overall valuation and market capitalisation.
Guangdong Haomei New Material Co Lt - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Haomei New Material Co Lt's total assets of CN¥6.70 Billion consist of 65.2% current assets and 34.8% non-current assets. Review how much debt does Guangdong Haomei New Material Co Lt carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.5% |
| Accounts Receivable | CN¥2.75 Billion | 42.9% |
| Inventory | CN¥742.90 Million | 11.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥314.09 Million | 4.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Guangdong Haomei New Material Co Lt'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 Guangdong Haomei New Material Co Lt (002988) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangdong Haomei New Material Co Lt's current assets represent 65.2% of total assets in 2024, an increase from 55.9% in 2015.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, up from 0.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 42.9% of total assets.
Guangdong Haomei New Material Co Lt Competitors by Total Assets
Key competitors of Guangdong Haomei New Material Co Lt based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hindalco Industries Limited
NSE:HINDALCO
|
India | Rs2.97 Trillion |
|
Gränges AB (publ)
ST:GRNG
|
Sweden | Skr22.89 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
China | CN¥14.76 Billion |
|
Klil Industries Ltd
TA:KLIL
|
Israel | ILA576.93 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
Argentina | AR$3.25 Trillion |
|
Alpha Hpa Ltd
AU:A4N
|
Australia | AU$305.35 Million |
|
Capral Ltd
AU:CAA
|
Australia | AU$482.90 Million |
|
VBX Ltd
AU:VBX
|
Australia | AU$2.39 Million |
Guangdong Haomei New Material Co Lt - 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 | 1.51 | 1.62 | 1.45 |
| Quick Ratio | 1.25 | 1.34 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.49 Billion | CN¥1.53 Billion | CN¥764.63 Million |
Guangdong Haomei New Material Co Lt - Advanced Valuation Insights
This section examines the relationship between Guangdong Haomei New Material Co Lt'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 | 3.11 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | CN¥6.41 Billion |
| Market Capitalization | $955.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Haomei New Material Co Lt's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Guangdong Haomei New Material Co Lt's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Guangdong Haomei New Material Co Lt (2015–2024)
The table below shows the annual total assets of Guangdong Haomei New Material Co Lt from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.41 Billion ≈ $937.66 Million |
+8.43% |
| 2023-12-31 | CN¥5.91 Billion ≈ $864.76 Million |
+12.02% |
| 2022-12-31 | CN¥5.28 Billion ≈ $771.94 Million |
+4.81% |
| 2021-12-31 | CN¥5.03 Billion ≈ $736.53 Million |
+25.41% |
| 2020-12-31 | CN¥4.01 Billion ≈ $587.32 Million |
+37.06% |
| 2019-12-31 | CN¥2.93 Billion ≈ $428.50 Million |
+10.76% |
| 2018-12-31 | CN¥2.64 Billion ≈ $386.86 Million |
+9.48% |
| 2017-12-31 | CN¥2.41 Billion ≈ $353.35 Million |
+10.78% |
| 2016-12-31 | CN¥2.18 Billion ≈ $318.97 Million |
+10.85% |
| 2015-12-31 | CN¥1.97 Billion ≈ $287.75 Million |
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About Guangdong Haomei New Material Co Lt
Guangdong Haomei New Materials Co.,Ltd researches, develops, manufactures and sells aluminum profiles in China. The company offers automotive lightweight materials, including anti-collision beams, battery trays, shock absorber brackets, power brackets, by-frames, and motor housing products. It also offers doors and windows systems; aluminum alloy building profiles; and industrial aluminum and for… Read more