Gifore Agricultural Machinery Chain Co Ltd (300022) - Total Assets
Based on the latest financial reports, Gifore Agricultural Machinery Chain Co Ltd (300022) holds total assets worth CN¥2.14 Billion CNY (≈ $312.48 Million USD) as of June 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. Check Gifore Agricultural Machinery Chain Co L total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Gifore Agricultural Machinery Chain Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Gifore Agricultural Machinery Chain Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 300022 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Gifore Agricultural Machinery Chain Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Gifore Agricultural Machinery Chain Co Ltd's total assets of CN¥2.14 Billion consist of 84.5% current assets and 15.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.8% |
| Accounts Receivable | CN¥342.09 Million | 18.3% |
| Inventory | CN¥667.06 Million | 35.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥40.81 Million | 2.2% |
| Goodwill | CN¥82.58 Million | 4.4% |
Asset Composition Trend (2006–2024)
This chart illustrates how Gifore Agricultural Machinery Chain 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 market cap of Gifore Agricultural Machinery Chain Co L.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gifore Agricultural Machinery Chain Co Ltd's current assets represent 84.5% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 19.8% of total assets in 2024, up from 15.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 35.6% of total assets.
Gifore Agricultural Machinery Chain Co Ltd Competitors by Total Assets
Key competitors of Gifore Agricultural Machinery Chain Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Deere & Company
NYSE:DE
|
USA | $103.44 Billion |
|
Shanghai Chuangli Group Co Ltd
SHG:603012
|
China | CN¥8.07 Billion |
|
Shanghai Diesel Engine Co Ltd B
SHG:900920
|
China | $11.16 Billion |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
Germany | €2.99 Billion |
|
Austin Engineering Ltd
AU:ANG
|
Australia | AU$273.50 Million |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
|
IMDEX Ltd
AU:IMD
|
Australia | AU$830.15 Million |
|
Palfinger AG
VI:PAL
|
Austria | €2.12 Billion |
Gifore Agricultural Machinery Chain 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 | 1.48 | 1.50 | 1.00 |
| Quick Ratio | 0.86 | 0.86 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥601.79 Million | CN¥621.91 Million | CN¥7.39 Million |
Gifore Agricultural Machinery Chain Co Ltd - Advanced Valuation Insights
This section examines the relationship between Gifore Agricultural Machinery Chain 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 | 7.57 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | CN¥1.87 Billion |
| Market Capitalization | $538.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gifore Agricultural Machinery Chain Co Ltd's assets below their book value (0.29x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gifore Agricultural Machinery Chain Co Ltd's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gifore Agricultural Machinery Chain Co Ltd (2006–2024)
The table below shows the annual total assets of Gifore Agricultural Machinery Chain Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.87 Billion ≈ $274.28 Million |
+1.89% |
| 2023-12-31 | CN¥1.84 Billion ≈ $269.19 Million |
+13.15% |
| 2022-12-31 | CN¥1.63 Billion ≈ $237.91 Million |
+2.16% |
| 2021-12-31 | CN¥1.59 Billion ≈ $232.88 Million |
-2.69% |
| 2020-12-31 | CN¥1.64 Billion ≈ $239.33 Million |
-6.82% |
| 2019-12-31 | CN¥1.76 Billion ≈ $256.85 Million |
-7.42% |
| 2018-12-31 | CN¥1.90 Billion ≈ $277.43 Million |
-6.90% |
| 2017-12-31 | CN¥2.04 Billion ≈ $297.98 Million |
-8.67% |
| 2016-12-31 | CN¥2.23 Billion ≈ $326.26 Million |
-4.00% |
| 2015-12-31 | CN¥2.32 Billion ≈ $339.85 Million |
-1.91% |
| 2014-12-31 | CN¥2.37 Billion ≈ $346.47 Million |
-38.56% |
| 2013-12-31 | CN¥3.85 Billion ≈ $563.93 Million |
-2.22% |
| 2012-12-31 | CN¥3.94 Billion ≈ $576.72 Million |
+10.47% |
| 2011-12-31 | CN¥3.57 Billion ≈ $522.05 Million |
+40.42% |
| 2010-12-31 | CN¥2.54 Billion ≈ $371.78 Million |
+161.84% |
| 2009-12-31 | CN¥970.32 Million ≈ $141.99 Million |
+300.46% |
| 2008-12-31 | CN¥242.30 Million ≈ $35.46 Million |
+85.86% |
| 2007-12-31 | CN¥130.37 Million ≈ $19.08 Million |
+3.31% |
| 2006-12-31 | CN¥126.19 Million ≈ $18.47 Million |
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About Gifore Agricultural Machinery Chain Co Ltd
Gifore Agricultural Science & Technology Service Co.,Ltd offers agricultural machinery in China. The company provides traditional agricultural, vegetable farm, orchard, livestock, smart agriculture solutions and freight truck. Gifore Agricultural Science & Technology Service Co.,Ltd was formerly known as Gifore Agricultural Machinery Chain Co., Ltd. and changed its name to Gifore Agricultural Sci… Read more