Yantai Zhenghai Magnetic Mat
Yantai Zhenghai Magnetic Material Co., Ltd. engages in the research and development, manufacturing, and sale of rare earth permanent magnet materials and components in the People's Republic of China. Yantai Zhenghai Magnetic Material Co., Ltd. was incorporated in 2000 and is based in Yantai, China.
Yantai Zhenghai Magnetic Mat (300224) - Total Assets
Latest total assets as of September 2025: CN¥8.74 Billion CNY
Based on the latest financial reports, Yantai Zhenghai Magnetic Mat (300224) holds total assets worth CN¥8.74 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.
Yantai Zhenghai Magnetic Mat - Total Assets Trend (2008–2024)
This chart illustrates how Yantai Zhenghai Magnetic Mat’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Yantai Zhenghai Magnetic Mat - Asset Composition Analysis
Current Asset Composition (December 2024)
Yantai Zhenghai Magnetic Mat's total assets of CN¥8.74 Billion consist of 71.8% current assets and 28.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.1% |
| Accounts Receivable | CN¥2.19 Billion | 24.9% |
| Inventory | CN¥1.74 Billion | 19.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥295.44 Million | 3.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Yantai Zhenghai Magnetic Mat'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: Yantai Zhenghai Magnetic Mat's current assets represent 71.8% of total assets in 2024, an increase from 28.6% in 2008.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, up from 6.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 24.9% of total assets.
Yantai Zhenghai Magnetic Mat Competitors by Total Assets
Key competitors of Yantai Zhenghai Magnetic Mat based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Yantai Zhenghai Magnetic Mat - 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 - Yantai Zhenghai Magnetic Mat generates 0.63x 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, Yantai Zhenghai Magnetic Mat generates $ 1.05 in net profit.
Yantai Zhenghai Magnetic Mat - 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 | 1.81 | 2.01 | 2.32 |
| Quick Ratio | 1.28 | 1.43 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.75 Billion | CN¥ 2.78 Billion | CN¥ 1.58 Billion |
Yantai Zhenghai Magnetic Mat - Advanced Valuation Insights
This section examines the relationship between Yantai Zhenghai Magnetic Mat'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 | 3.14 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 4.7% |
| Total Assets | CN¥8.78 Billion |
| Market Capitalization | $1.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Yantai Zhenghai Magnetic Mat's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Yantai Zhenghai Magnetic Mat's assets grew by 4.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Yantai Zhenghai Magnetic Mat (2008–2024)
The table below shows the annual total assets of Yantai Zhenghai Magnetic Mat from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.78 Billion | +4.75% |
| 2023-12-31 | CN¥8.38 Billion | -5.65% |
| 2022-12-31 | CN¥8.88 Billion | +73.95% |
| 2021-12-31 | CN¥5.10 Billion | +28.33% |
| 2020-12-31 | CN¥3.98 Billion | +10.12% |
| 2019-12-31 | CN¥3.61 Billion | -3.67% |
| 2018-12-31 | CN¥3.75 Billion | -2.52% |
| 2017-12-31 | CN¥3.85 Billion | +19.95% |
| 2016-12-31 | CN¥3.21 Billion | +9.14% |
| 2015-12-31 | CN¥2.94 Billion | +44.29% |
| 2014-12-31 | CN¥2.04 Billion | +7.86% |
| 2013-12-31 | CN¥1.89 Billion | +2.52% |
| 2012-12-31 | CN¥1.84 Billion | -0.62% |
| 2011-12-31 | CN¥1.85 Billion | +102.12% |
| 2010-12-31 | CN¥916.86 Million | +77.28% |
| 2009-12-31 | CN¥517.18 Million | +48.73% |
| 2008-12-31 | CN¥347.74 Million | -- |