Xinxiang Richful Lube Additive Co. Ltd
Xinxiang Richful Lube Additive Co.,Ltd. engages in the sales of lubricant additive products in China and internationally. The company provides single dose lubricant additives, such as detergent, dispersant, ZDDP, viscosity index improver, and others; and lubricant additives combinations, including automotive oil, industrial oil, agricultural machine oil, and marine oil compounds. It also offers g… Read more
Xinxiang Richful Lube Additive Co. Ltd (300910) - Total Assets
Latest total assets as of September 2025: CN¥4.79 Billion CNY
Based on the latest financial reports, Xinxiang Richful Lube Additive Co. Ltd (300910) holds total assets worth CN¥4.79 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.
Xinxiang Richful Lube Additive Co. Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Xinxiang Richful Lube Additive Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinxiang Richful Lube Additive Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinxiang Richful Lube Additive Co. Ltd's total assets of CN¥4.79 Billion consist of 61.0% current assets and 39.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.1% |
| Accounts Receivable | CN¥642.77 Million | 14.9% |
| Inventory | CN¥550.26 Million | 12.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥194.64 Million | 4.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Xinxiang Richful Lube Additive Co. Ltd'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: Xinxiang Richful Lube Additive Co. Ltd's current assets represent 61.0% of total assets in 2024, a decrease from 61.6% in 2016.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, down from 17.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 14.9% of total assets.
Xinxiang Richful Lube Additive Co. Ltd Competitors by Total Assets
Key competitors of Xinxiang Richful Lube Additive Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Xinxiang Richful Lube Additive Co. Ltd - 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
Strong asset utilization - Xinxiang Richful Lube Additive Co. Ltd generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Xinxiang Richful Lube Additive Co. Ltd generates $ 16.80 in net profit.
Xinxiang Richful Lube Additive Co. Ltd - 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 | 2.97 | 3.57 | 8.75 |
| Quick Ratio | 2.30 | 2.74 | 8.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.88 Billion | CN¥ 1.76 Billion | CN¥ 1.75 Billion |
Xinxiang Richful Lube Additive Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Xinxiang Richful Lube Additive Co. Ltd'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 | 4.39 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 13.8% |
| Total Assets | CN¥4.30 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinxiang Richful Lube Additive Co. Ltd's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Xinxiang Richful Lube Additive Co. Ltd's assets grew by 13.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Xinxiang Richful Lube Additive Co. Ltd (2016–2024)
The table below shows the annual total assets of Xinxiang Richful Lube Additive Co. Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.30 Billion | +13.83% |
| 2023-12-31 | CN¥3.78 Billion | +11.27% |
| 2022-12-31 | CN¥3.40 Billion | +38.18% |
| 2021-12-31 | CN¥2.46 Billion | +6.71% |
| 2020-12-31 | CN¥2.30 Billion | +140.52% |
| 2019-12-31 | CN¥957.65 Million | +81.68% |
| 2018-12-31 | CN¥527.09 Million | +15.53% |
| 2017-12-31 | CN¥456.24 Million | +56.42% |
| 2016-12-31 | CN¥291.68 Million | -- |