Henan Jindan Lactic Acid Technology
Henan Jindan Lactic Acid Technology Co.,Ltd. engages in the research and development, production, and sales of lactic acid and its products in China and internationally. The company provides premium grade lactic acid, food grade lactic acid, feed additive lactic acid, refined lactic acid, refined grade lactic acid, high purity lactic acid, and ultrapure lactic acid. It also offers high quality so… Read more
Henan Jindan Lactic Acid Technology (300829) - Total Assets
Latest total assets as of September 2025: CN¥3.51 Billion CNY
Based on the latest financial reports, Henan Jindan Lactic Acid Technology (300829) holds total assets worth CN¥3.51 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.
Henan Jindan Lactic Acid Technology - Total Assets Trend (2013–2024)
This chart illustrates how Henan Jindan Lactic Acid Technology’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Henan Jindan Lactic Acid Technology - Asset Composition Analysis
Current Asset Composition (December 2024)
Henan Jindan Lactic Acid Technology's total assets of CN¥3.51 Billion consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.8% |
| Accounts Receivable | CN¥152.19 Million | 4.4% |
| Inventory | CN¥303.83 Million | 8.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥122.15 Million | 3.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Henan Jindan Lactic Acid Technology'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: Henan Jindan Lactic Acid Technology's current assets represent 29.2% of total assets in 2024, an increase from 25.9% in 2013.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 1.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 11.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 8.8% of total assets.
Henan Jindan Lactic Acid Technology Competitors by Total Assets
Key competitors of Henan Jindan Lactic Acid Technology based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Henan Jindan Lactic Acid Technology - 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 - Henan Jindan Lactic Acid Technology generates 0.43x 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, Henan Jindan Lactic Acid Technology generates $ 1.08 in net profit.
Henan Jindan Lactic Acid Technology - 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 | 1.27 | 1.37 | 1.80 |
| Quick Ratio | 0.93 | 0.97 | 1.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥189.20 Million | CN¥ 280.03 Million | CN¥ 248.03 Million |
Henan Jindan Lactic Acid Technology - Advanced Valuation Insights
This section examines the relationship between Henan Jindan Lactic Acid Technology'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 | 2.02 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | CN¥3.46 Billion |
| Market Capitalization | $403.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Henan Jindan Lactic Acid Technology's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Henan Jindan Lactic Acid Technology's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Henan Jindan Lactic Acid Technology (2013–2024)
The table below shows the annual total assets of Henan Jindan Lactic Acid Technology from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.46 Billion | +1.75% |
| 2023-12-31 | CN¥3.40 Billion | +35.72% |
| 2022-12-31 | CN¥2.51 Billion | +14.69% |
| 2021-12-31 | CN¥2.19 Billion | +24.80% |
| 2020-12-31 | CN¥1.75 Billion | +44.37% |
| 2019-12-31 | CN¥1.21 Billion | +20.08% |
| 2018-12-31 | CN¥1.01 Billion | +25.79% |
| 2017-12-31 | CN¥803.08 Million | +7.49% |
| 2016-12-31 | CN¥747.14 Million | +7.44% |
| 2015-12-31 | CN¥695.44 Million | -0.97% |
| 2014-12-31 | CN¥702.28 Million | -2.39% |
| 2013-12-31 | CN¥719.45 Million | -- |