Essence Fastening Systems (Shanghai) Co. Ltd. (301005) - Total Assets
Based on the latest financial reports, Essence Fastening Systems (Shanghai) Co. Ltd. (301005) holds total assets worth CN¥1.25 Billion CNY (≈ $182.37 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 301005 net asset value for net asset value and shareholders' equity analysis.
Essence Fastening Systems (Shanghai) Co. Ltd. - Total Assets Trend (2017–2024)
This chart illustrates how Essence Fastening Systems (Shanghai) Co. Ltd.'s total assets have evolved over time, based on quarterly financial data.
Essence Fastening Systems (Shanghai) Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Essence Fastening Systems (Shanghai) Co. Ltd.'s total assets of CN¥1.25 Billion consist of 56.9% current assets and 43.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.2% |
| Accounts Receivable | CN¥260.94 Million | 21.7% |
| Inventory | CN¥235.24 Million | 19.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥42.28 Million | 3.5% |
| Goodwill | CN¥10.40 Million | 0.9% |
Asset Composition Trend (2017–2024)
This chart illustrates how Essence Fastening Systems (Shanghai) 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 market cap of Essence Fastening Systems (Shanghai) Co..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Essence Fastening Systems (Shanghai) Co. Ltd.'s current assets represent 56.9% of total assets in 2024, a decrease from 69.3% in 2017.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, up from 4.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% of total assets.
Essence Fastening Systems (Shanghai) Co. Ltd. Competitors by Total Assets
Key competitors of Essence Fastening Systems (Shanghai) Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Worldia Diamond Tools Co Ltd
SHG:688028
|
China | CN¥2.25 Billion |
|
National Aerospace Fasteners Corp
TW:3004
|
Taiwan | NT$7.41 Billion |
|
GEVORKYAN as
PR:GEV
|
Czech Republic | Kč207.98 Million |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
China | CN¥5.21 Billion |
|
Shareate Tools Ltd
SHG:688257
|
China | CN¥4.72 Billion |
|
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
|
China | CN¥4.84 Billion |
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
China | CN¥2.43 Billion |
Essence Fastening Systems (Shanghai) 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 | 1.66 | 1.81 | 2.05 |
| Quick Ratio | 1.09 | 1.24 | 1.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥299.26 Million | CN¥300.72 Million | CN¥131.58 Million |
Essence Fastening Systems (Shanghai) Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Essence Fastening Systems (Shanghai) 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 | 25.23 |
| Latest Market Cap to Assets Ratio | 2.85 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | CN¥1.20 Billion |
| Market Capitalization | $3.43 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Essence Fastening Systems (Shanghai) Co. Ltd.'s assets at a significant premium (2.85x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Essence Fastening Systems (Shanghai) Co. Ltd.'s assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Essence Fastening Systems (Shanghai) Co. Ltd. (2017–2024)
The table below shows the annual total assets of Essence Fastening Systems (Shanghai) Co. Ltd. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion ≈ $176.06 Million |
+5.40% |
| 2023-12-31 | CN¥1.14 Billion ≈ $167.03 Million |
+0.56% |
| 2022-12-31 | CN¥1.14 Billion ≈ $166.10 Million |
+28.95% |
| 2021-12-31 | CN¥880.31 Million ≈ $128.82 Million |
+123.06% |
| 2020-12-31 | CN¥394.65 Million ≈ $57.75 Million |
+24.16% |
| 2019-12-31 | CN¥317.85 Million ≈ $46.51 Million |
+16.57% |
| 2018-12-31 | CN¥272.67 Million ≈ $39.90 Million |
+18.71% |
| 2017-12-31 | CN¥229.69 Million ≈ $33.61 Million |
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About Essence Fastening Systems (Shanghai) Co. Ltd.
Essence Fastening Systems (Shanghai) Co., Ltd. engages in the research and development, production, and sale of high-strength and high-precision fasteners and special-shaped parts for automobile systems in China. The company offers automotive fasteners, special-shaped connectors, plastic functional parts and fasteners, and car exhaust systems, as well as fastening and connection of interior and e… Read more