Sanhe Tongfei Refrigeration Co. Ltd. (300990) - Total Assets

Latest as of September 2025: CN¥2.70 Billion CNY ≈ $395.34 Million USD

Based on the latest financial reports, Sanhe Tongfei Refrigeration Co. Ltd. (300990) holds total assets worth CN¥2.70 Billion CNY (≈ $395.34 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 Sanhe Tongfei Refrigeration Co. Ltd. net assets for net asset value and shareholders' equity analysis.

Sanhe Tongfei Refrigeration Co. Ltd. - Total Assets Trend (2017–2024)

This chart illustrates how Sanhe Tongfei Refrigeration Co. Ltd.'s total assets have evolved over time, based on quarterly financial data.

Sanhe Tongfei Refrigeration Co. Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Sanhe Tongfei Refrigeration Co. Ltd.'s total assets of CN¥2.70 Billion consist of 67.8% current assets and 32.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 6.6%
Accounts Receivable CN¥998.71 Million 40.0%
Inventory CN¥317.17 Million 12.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥147.65 Million 5.9%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2017–2024)

This chart illustrates how Sanhe Tongfei Refrigeration 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. For live market cap, price, and company overview, see Sanhe Tongfei Refrigeration Co. Ltd. (300990) total market value.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Sanhe Tongfei Refrigeration Co. Ltd.'s current assets represent 67.8% of total assets in 2024, a decrease from 75.6% in 2017.
  • Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, up from 5.9% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2017.
  • Asset Diversification: The largest asset category is accounts receivable at 40.0% of total assets.

Sanhe Tongfei Refrigeration Co. Ltd. Competitors by Total Assets

Key competitors of Sanhe Tongfei Refrigeration Co. Ltd. based on total assets are shown below.

Company Country Total Assets
Siemens Aktiengesellschaft
XETRA:SIE
Germany €170.13 Billion
Sandvik AB
ST:SAND
Sweden Skr169.86 Billion
Vestas Wind Systems A/S
CO:VWS
Denmark Dkr25.73 Billion
Ming Yang Smart Energy Group Ltd
SHG:601615
China CN¥91.33 Billion
Shenzhen Yinghe Technology Co Ltd
SHE:300457
China CN¥16.87 Billion
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
China CN¥642.41 Million
American Superconductor Corporation
NASDAQ:AMSC
USA $719.53 Million
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
China CN¥8.14 Billion

Sanhe Tongfei Refrigeration 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 2.93 3.58 5.22
Quick Ratio 2.48 2.90 4.35
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.25 Billion CN¥1.03 Billion CN¥310.71 Million

Sanhe Tongfei Refrigeration Co. Ltd. - Advanced Valuation Insights

This section examines the relationship between Sanhe Tongfei Refrigeration 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 7.74
Latest Market Cap to Assets Ratio 0.80
Asset Growth Rate (YoY) 14.9%
Total Assets CN¥2.50 Billion
Market Capitalization $2.01 Billion USD

Valuation Analysis

Below Book Valuation: The market values Sanhe Tongfei Refrigeration Co. Ltd.'s assets below their book value (0.80x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Sanhe Tongfei Refrigeration Co. Ltd.'s assets grew by 14.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Sanhe Tongfei Refrigeration Co. Ltd. (2017–2024)

The table below shows the annual total assets of Sanhe Tongfei Refrigeration Co. Ltd. from 2017 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.50 Billion
≈ $365.59 Million
+14.86%
2023-12-31 CN¥2.18 Billion
≈ $318.28 Million
+17.00%
2022-12-31 CN¥1.86 Billion
≈ $272.04 Million
+9.73%
2021-12-31 CN¥1.69 Billion
≈ $247.91 Million
+209.06%
2020-12-31 CN¥548.17 Million
≈ $80.21 Million
+38.54%
2019-12-31 CN¥395.68 Million
≈ $57.90 Million
+20.91%
2018-12-31 CN¥327.26 Million
≈ $47.89 Million
+23.57%
2017-12-31 CN¥264.83 Million
≈ $38.75 Million
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About Sanhe Tongfei Refrigeration Co. Ltd.

SHE:300990 China Specialty Industrial Machinery
Market Cap
$2.01 Billion
CN¥13.71 Billion CNY
Market Cap Rank
#6249 Global
#1377 in China
Share Price
CN¥80.39
Change (1 day)
-3.84%
52-Week Range
CN¥44.10 - CN¥97.37
All Time High
CN¥97.37
About

Sanhe Tongfei Refrigeration Co., Ltd. manufactures and sells industrial temperature control products in China. The company offers liquid cooling products, including MCO/MCOI oil chiller, MCW/MCWI water chiller, MCS immersion chiller, MWA air/water heat exchanger, MEO oil/air heat exchanger, MCA temperature and humidity conditioner for electrical cabinet, MEA heat exchanger for electrical cabinet,… Read more