Chengdu Rainbow Appliance Gr
Chengdu Rainbow Appliance (Group) Shares Co., Ltd. manufacture and sells flexible electric heating blankets in China. The company offers electric blanket, heated overblanket, electric heating pad, and electric feet warmer. The company was founded in 1982 and is based in Chengdu, China.
Chengdu Rainbow Appliance Gr (003023) - Total Assets
Latest total assets as of September 2025: CN¥2.10 Billion CNY
Based on the latest financial reports, Chengdu Rainbow Appliance Gr (003023) holds total assets worth CN¥2.10 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.
Chengdu Rainbow Appliance Gr - Total Assets Trend (2016–2024)
This chart illustrates how Chengdu Rainbow Appliance Gr’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chengdu Rainbow Appliance Gr - Asset Composition Analysis
Current Asset Composition (December 2024)
Chengdu Rainbow Appliance Gr's total assets of CN¥2.10 Billion consist of 79.6% current assets and 20.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 41.0% |
| Accounts Receivable | CN¥104.87 Million | 4.8% |
| Inventory | CN¥559.37 Million | 25.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥59.77 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Chengdu Rainbow Appliance Gr'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: Chengdu Rainbow Appliance Gr's current assets represent 79.6% of total assets in 2024, an increase from 68.2% in 2016.
- Cash Position: Cash and equivalents constituted 41.0% of total assets in 2024, up from 25.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 25.4% of total assets.
Chengdu Rainbow Appliance Gr Competitors by Total Assets
Key competitors of Chengdu Rainbow Appliance Gr based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
China | CN¥3.66 Billion |
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
China | CN¥2.20 Billion |
|
Hunan Resun Co Ltd
SHE:001218
|
China | CN¥3.08 Billion |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
China | CN¥1.90 Billion |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
China | CN¥3.19 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
China | CN¥9.17 Billion |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
China | CN¥3.08 Billion |
|
Amore Group
KO:002790
|
Korea | ₩8.54 Trillion |
Chengdu Rainbow Appliance Gr - 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 - Chengdu Rainbow Appliance Gr generates 0.59x 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, Chengdu Rainbow Appliance Gr generates $ 4.98 in net profit.
Chengdu Rainbow Appliance Gr - 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 | 3.25 | 2.59 | 2.59 |
| Quick Ratio | 2.00 | 1.69 | 1.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.15 Billion | CN¥ 1.09 Billion | CN¥ 916.19 Million |
Chengdu Rainbow Appliance Gr - Advanced Valuation Insights
This section examines the relationship between Chengdu Rainbow Appliance Gr'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 | 1.60 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | CN¥2.20 Billion |
| Market Capitalization | $159.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chengdu Rainbow Appliance Gr's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Chengdu Rainbow Appliance Gr's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Chengdu Rainbow Appliance Gr (2016–2024)
The table below shows the annual total assets of Chengdu Rainbow Appliance Gr from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.20 Billion | +4.93% |
| 2023-12-31 | CN¥2.10 Billion | +5.77% |
| 2022-12-31 | CN¥1.98 Billion | +3.15% |
| 2021-12-31 | CN¥1.92 Billion | +2.05% |
| 2020-12-31 | CN¥1.88 Billion | +44.16% |
| 2019-12-31 | CN¥1.31 Billion | -1.23% |
| 2018-12-31 | CN¥1.32 Billion | +19.36% |
| 2017-12-31 | CN¥1.11 Billion | +1.24% |
| 2016-12-31 | CN¥1.09 Billion | -- |