Shenzhen Changfang Light Emitting
Shenzhen Changfang Group Co., Ltd. engages in the research and development, design, production, and sale of LED lighting source device packaging and LED lighting application products in China and internationally. The company offers flashlights, emergency lights, lamps, bulbs; ceiling lights; and eye protection tables. It also provides its lighting products for whole house customization, living ro… Read more
Shenzhen Changfang Light Emitting (300301) - Total Assets
Latest total assets as of September 2025: CN¥873.71 Million CNY
Based on the latest financial reports, Shenzhen Changfang Light Emitting (300301) holds total assets worth CN¥873.71 Million 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.
Shenzhen Changfang Light Emitting - Total Assets Trend (2008–2024)
This chart illustrates how Shenzhen Changfang Light Emitting’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shenzhen Changfang Light Emitting - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Changfang Light Emitting's total assets of CN¥873.71 Million consist of 39.7% current assets and 60.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.8% |
| Accounts Receivable | CN¥123.56 Million | 16.1% |
| Inventory | CN¥87.82 Million | 11.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥30.53 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Shenzhen Changfang Light Emitting'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: Shenzhen Changfang Light Emitting's current assets represent 39.7% of total assets in 2024, a decrease from 52.9% in 2008.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2024, down from 10.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 23.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 16.1% of total assets.
Shenzhen Changfang Light Emitting Competitors by Total Assets
Key competitors of Shenzhen Changfang Light Emitting based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Shenzhen Changfang Light Emitting - 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 - Shenzhen Changfang Light Emitting generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shenzhen Changfang Light Emitting is currently not profitable relative to its asset base.
Shenzhen Changfang Light Emitting - 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 | 0.31 | 0.37 | 0.83 |
| Quick Ratio | 0.22 | 0.26 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-444.70 Million | CN¥ -433.55 Million | CN¥ -222.36 Million |
Shenzhen Changfang Light Emitting - Advanced Valuation Insights
This section examines the relationship between Shenzhen Changfang Light Emitting'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 | 12.76 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | CN¥767.86 Million |
| Market Capitalization | $273.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Changfang Light Emitting's assets below their book value (0.36 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shenzhen Changfang Light Emitting's assets decreased by 6.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shenzhen Changfang Light Emitting (2008–2024)
The table below shows the annual total assets of Shenzhen Changfang Light Emitting from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥767.86 Million | -6.29% |
| 2023-12-31 | CN¥819.38 Million | -17.67% |
| 2022-12-31 | CN¥995.27 Million | -25.88% |
| 2021-12-31 | CN¥1.34 Billion | -50.97% |
| 2020-12-31 | CN¥2.74 Billion | -15.96% |
| 2019-12-31 | CN¥3.26 Billion | -6.74% |
| 2018-12-31 | CN¥3.49 Billion | -8.17% |
| 2017-12-31 | CN¥3.81 Billion | +0.30% |
| 2016-12-31 | CN¥3.79 Billion | +23.29% |
| 2015-12-31 | CN¥3.08 Billion | +76.81% |
| 2014-12-31 | CN¥1.74 Billion | +32.80% |
| 2013-12-31 | CN¥1.31 Billion | +16.89% |
| 2012-12-31 | CN¥1.12 Billion | +126.17% |
| 2011-12-31 | CN¥495.70 Million | +26.50% |
| 2010-12-31 | CN¥391.86 Million | +195.80% |
| 2009-12-31 | CN¥132.47 Million | +77.60% |
| 2008-12-31 | CN¥74.59 Million | -- |