Elite Color Environmental Resources
Elite Color Environmental Resources Science & Technology Co., Ltd. manufactures and sells polyester fiber and its products in China and internationally. The company offers virgin and regenerated low-melting fibers; home textile, cotton textile, carpet, scouring pad, geotextile, flame-retardant, and automotive interior trim material polyester staple fiber; ES fibers; melt-blown non-woven fabrics; … Read more
Elite Color Environmental Resources (002998) - Total Assets
Latest total assets as of September 2025: CN¥2.53 Billion CNY
Based on the latest financial reports, Elite Color Environmental Resources (002998) holds total assets worth CN¥2.53 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.
Elite Color Environmental Resources - Total Assets Trend (2016–2024)
This chart illustrates how Elite Color Environmental Resources ’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elite Color Environmental Resources - Asset Composition Analysis
Current Asset Composition (December 2024)
Elite Color Environmental Resources 's total assets of CN¥2.53 Billion consist of 48.2% current assets and 51.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.2% |
| Accounts Receivable | CN¥205.16 Million | 7.7% |
| Inventory | CN¥460.27 Million | 17.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥106.47 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Elite Color Environmental Resources '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: Elite Color Environmental Resources 's current assets represent 48.2% of total assets in 2024, a decrease from 49.8% in 2016.
- Cash Position: Cash and equivalents constituted 20.2% of total assets in 2024, up from 14.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 17.2% of total assets.
Elite Color Environmental Resources Competitors by Total Assets
Key competitors of Elite Color Environmental Resources based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Elite Color Environmental Resources - 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
Strong asset utilization - Elite Color Environmental Resources generates 0.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Elite Color Environmental Resources generates $ 3.13 in net profit.
Elite Color Environmental Resources - 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 | 3.85 | 5.40 | 3.41 |
| Quick Ratio | 2.36 | 3.13 | 2.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥822.91 Million | CN¥ 1.03 Billion | CN¥ 553.26 Million |
Elite Color Environmental Resources - Advanced Valuation Insights
This section examines the relationship between Elite Color Environmental Resources '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 | 1.92 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CN¥2.68 Billion |
| Market Capitalization | $190.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elite Color Environmental Resources 's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Elite Color Environmental Resources 's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Elite Color Environmental Resources (2016–2024)
The table below shows the annual total assets of Elite Color Environmental Resources from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.68 Billion | +8.78% |
| 2023-12-31 | CN¥2.46 Billion | -4.87% |
| 2022-12-31 | CN¥2.59 Billion | +39.90% |
| 2021-12-31 | CN¥1.85 Billion | +12.43% |
| 2020-12-31 | CN¥1.64 Billion | +17.71% |
| 2019-12-31 | CN¥1.40 Billion | +6.76% |
| 2018-12-31 | CN¥1.31 Billion | +49.03% |
| 2017-12-31 | CN¥878.15 Million | +19.82% |
| 2016-12-31 | CN¥732.86 Million | -- |