Shandong Weifang Rainbow Chemical Co. Ltd
Shandong Weifang Rainbow Chemical Co., Ltd operates as a crop protection company in China. It offers herbicides, fungicides, insecticides, plant growth regulators, seeds treatments, biostimulants, bio-pesticides, bio-fertilizers, non-crop herbicides, non-crop insecticides, and non-crop fungicides. The company was founded in 2000 and is headquartered in Jinan, China.
Shandong Weifang Rainbow Chemical Co. Ltd (301035) - Total Assets
Latest total assets as of June 2025: CN¥16.47 Billion CNY
Based on the latest financial reports, Shandong Weifang Rainbow Chemical Co. Ltd (301035) holds total assets worth CN¥16.47 Billion CNY as of June 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.
Shandong Weifang Rainbow Chemical Co. Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Shandong Weifang Rainbow Chemical Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Weifang Rainbow Chemical Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Weifang Rainbow Chemical Co. Ltd's total assets of CN¥16.47 Billion consist of 75.0% current assets and 25.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.5% |
| Accounts Receivable | CN¥5.38 Billion | 35.2% |
| Inventory | CN¥2.42 Billion | 15.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥498.74 Million | 3.3% |
| Goodwill | CN¥89.56 Million | 0.6% |
Asset Composition Trend (2019–2024)
This chart illustrates how Shandong Weifang Rainbow Chemical 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: Shandong Weifang Rainbow Chemical Co. Ltd's current assets represent 75.0% of total assets in 2024, a decrease from 79.8% in 2019.
- Cash Position: Cash and equivalents constituted 20.5% of total assets in 2024, down from 30.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 35.2% of total assets.
Shandong Weifang Rainbow Chemical Co. Ltd Competitors by Total Assets
Key competitors of Shandong Weifang Rainbow Chemical Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
China | CN¥6.84 Billion |
|
ADAMA Ltd
SHE:000553
|
China | CN¥49.93 Billion |
|
Grand Industrial Holding Co Ltd
SHE:000626
|
China | CN¥8.43 Billion |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792
|
China | CN¥50.97 Billion |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
China | CN¥5.17 Billion |
|
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893
|
China | CN¥19.38 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
China | CN¥19.75 Billion |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
China | CN¥9.46 Billion |
Shandong Weifang Rainbow Chemical 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 - Shandong Weifang Rainbow Chemical Co. Ltd generates 0.87x 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, Shandong Weifang Rainbow Chemical Co. Ltd generates $ 2.94 in net profit.
Shandong Weifang Rainbow Chemical 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 | 1.48 | 1.45 | 1.72 |
| Quick Ratio | 1.08 | 0.99 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.05 Billion | CN¥ 3.78 Billion | CN¥ 3.55 Billion |
Shandong Weifang Rainbow Chemical Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Weifang Rainbow Chemical 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 | 3.11 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 2.7% |
| Total Assets | CN¥15.30 Billion |
| Market Capitalization | $847.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Weifang Rainbow Chemical Co. Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Weifang Rainbow Chemical Co. Ltd's assets grew by 2.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Weifang Rainbow Chemical Co. Ltd (2019–2024)
The table below shows the annual total assets of Shandong Weifang Rainbow Chemical Co. Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.30 Billion | +2.67% |
| 2023-12-31 | CN¥14.90 Billion | +28.42% |
| 2022-12-31 | CN¥11.60 Billion | +12.50% |
| 2021-12-31 | CN¥10.31 Billion | +41.29% |
| 2020-12-31 | CN¥7.30 Billion | +38.23% |
| 2019-12-31 | CN¥5.28 Billion | -- |