Jiangsu Changhai Compos Material

SHE:300196 China Chemicals
Market Cap
$1.00 Billion
CN¥7.35 Billion CNY
Market Cap Rank
#10964 Global
#2509 in China
Share Price
CN¥17.98
Change (1 day)
-6.60%
52-Week Range
CN¥9.26 - CN¥22.36
All Time High
CN¥22.36
About

Jiangsu Changhai Composite Materials Co., Ltd engages in the research and development, production, and sale of glass fiber products and composite materials. It offers glass fiber yarns, which include felt yarn, transparent board yarn, continuous fiberglass pipe, SMC sheet yarn, textile direct yarn, chopped fiber, direct yarn, jet yarn, roof yarn, ply yarn, ply-type pultruded yarn, glass fiber cho… Read more

Jiangsu Changhai Compos Material (300196) - Total Assets

Latest total assets as of September 2025: CN¥7.48 Billion CNY

Based on the latest financial reports, Jiangsu Changhai Compos Material (300196) holds total assets worth CN¥7.48 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.

Jiangsu Changhai Compos Material - Total Assets Trend (2007–2024)

This chart illustrates how Jiangsu Changhai Compos Material’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Jiangsu Changhai Compos Material - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiangsu Changhai Compos Material's total assets of CN¥7.48 Billion consist of 38.3% current assets and 61.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 19.3%
Accounts Receivable CN¥980.74 Million 13.8%
Inventory CN¥269.87 Million 3.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥399.66 Million 5.6%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2007–2024)

This chart illustrates how Jiangsu Changhai Compos Material'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: Jiangsu Changhai Compos Material's current assets represent 38.3% of total assets in 2024, a decrease from 41.2% in 2007.
  • Cash Position: Cash and equivalents constituted 19.3% of total assets in 2024, up from 11.6% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 2.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 13.8% of total assets.

Jiangsu Changhai Compos Material Competitors by Total Assets

Key competitors of Jiangsu Changhai Compos Material based on total assets are shown below.

Jiangsu Changhai Compos Material - 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

Historical Range: 0.37 - 0.70

Lower asset utilization - Jiangsu Changhai Compos Material generates 0.37x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.86% - 14.68%

Moderate ROA - For every $100 in assets, Jiangsu Changhai Compos Material generates $ 3.86 in net profit.

Jiangsu Changhai Compos Material - 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 1.84 1.97 4.93
Quick Ratio 1.63 1.79 4.55
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.43 Billion CN¥ 1.32 Billion CN¥ 1.70 Billion

Jiangsu Changhai Compos Material - Advanced Valuation Insights

This section examines the relationship between Jiangsu Changhai Compos Material'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 1.59
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 12.8%
Total Assets CN¥7.12 Billion
Market Capitalization $433.44 Million USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Changhai Compos Material's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Jiangsu Changhai Compos Material's assets grew by 12.8% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Jiangsu Changhai Compos Material (2007–2024)

The table below shows the annual total assets of Jiangsu Changhai Compos Material from 2007 to 2024.

Year Total Assets Change
2024-12-31 CN¥7.12 Billion +12.77%
2023-12-31 CN¥6.31 Billion +13.37%
2022-12-31 CN¥5.57 Billion +18.57%
2021-12-31 CN¥4.70 Billion +21.11%
2020-12-31 CN¥3.88 Billion +21.74%
2019-12-31 CN¥3.19 Billion +1.57%
2018-12-31 CN¥3.14 Billion +1.04%
2017-12-31 CN¥3.10 Billion +2.57%
2016-12-31 CN¥3.03 Billion +33.46%
2015-12-31 CN¥2.27 Billion +47.69%
2014-12-31 CN¥1.54 Billion +7.20%
2013-12-31 CN¥1.43 Billion +21.04%
2012-12-31 CN¥1.18 Billion +23.64%
2011-12-31 CN¥957.04 Million +129.25%
2010-12-31 CN¥417.47 Million +8.44%
2009-12-31 CN¥384.99 Million +6.63%
2008-12-31 CN¥361.04 Million +8.88%
2007-12-31 CN¥331.59 Million --