Shenzhen Changfang Light Emitting (300301) - Total Assets
Based on the latest financial reports, Shenzhen Changfang Light Emitting (300301) holds total assets worth CN¥873.71 Million CNY (≈ $127.85 Million USD) 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. See Shenzhen Changfang Light Emitting shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 300301 company net worth.
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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
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 | 0.58 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | CN¥767.86 Million |
| Market Capitalization | $448.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Changfang Light Emitting's assets below their book value (0.58x), 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 ≈ $112.36 Million |
-6.29% |
| 2023-12-31 | CN¥819.38 Million ≈ $119.90 Million |
-17.67% |
| 2022-12-31 | CN¥995.27 Million ≈ $145.64 Million |
-25.88% |
| 2021-12-31 | CN¥1.34 Billion ≈ $196.48 Million |
-50.97% |
| 2020-12-31 | CN¥2.74 Billion ≈ $400.76 Million |
-15.96% |
| 2019-12-31 | CN¥3.26 Billion ≈ $476.90 Million |
-6.74% |
| 2018-12-31 | CN¥3.49 Billion ≈ $511.34 Million |
-8.17% |
| 2017-12-31 | CN¥3.81 Billion ≈ $556.83 Million |
+0.30% |
| 2016-12-31 | CN¥3.79 Billion ≈ $555.14 Million |
+23.29% |
| 2015-12-31 | CN¥3.08 Billion ≈ $450.26 Million |
+76.81% |
| 2014-12-31 | CN¥1.74 Billion ≈ $254.66 Million |
+32.80% |
| 2013-12-31 | CN¥1.31 Billion ≈ $191.76 Million |
+16.89% |
| 2012-12-31 | CN¥1.12 Billion ≈ $164.06 Million |
+126.17% |
| 2011-12-31 | CN¥495.70 Million ≈ $72.54 Million |
+26.50% |
| 2010-12-31 | CN¥391.86 Million ≈ $57.34 Million |
+195.80% |
| 2009-12-31 | CN¥132.47 Million ≈ $19.38 Million |
+77.60% |
| 2008-12-31 | CN¥74.59 Million ≈ $10.91 Million |
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About 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