COFCO Engineering & Technology Co Ltd (301058) - Total Assets
Based on the latest financial reports, COFCO Engineering & Technology Co Ltd (301058) holds total assets worth CN¥4.56 Billion CNY (≈ $667.06 Million USD) 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. See shareholders equity of COFCO Engineering & Technology Co Ltd for net asset value and shareholders' equity analysis.
COFCO Engineering & Technology Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how COFCO Engineering & Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
COFCO Engineering & Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
COFCO Engineering & Technology Co Ltd's total assets of CN¥4.56 Billion consist of 87.0% current assets and 13.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 41.5% |
| Accounts Receivable | CN¥740.18 Million | 15.2% |
| Inventory | CN¥552.45 Million | 11.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥162.76 Million | 3.3% |
| Goodwill | CN¥23.96 Million | 0.5% |
Asset Composition Trend (2017–2024)
This chart illustrates how COFCO Engineering & Technology 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 how much is COFCO Engineering & Technology Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: COFCO Engineering & Technology Co Ltd's current assets represent 87.0% of total assets in 2024, an increase from 63.5% in 2017.
- Cash Position: Cash and equivalents constituted 41.5% of total assets in 2024, up from 24.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 15.2% of total assets.
COFCO Engineering & Technology Co Ltd Competitors by Total Assets
Key competitors of COFCO Engineering & Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
COFCO Engineering & Technology 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 | 1.77 | 1.86 | 1.76 |
| Quick Ratio | 1.46 | 1.59 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.70 Billion | CN¥1.58 Billion | CN¥861.23 Million |
COFCO Engineering & Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between COFCO Engineering & Technology 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 | 2.61 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 16.0% |
| Total Assets | CN¥4.88 Billion |
| Market Capitalization | $730.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values COFCO Engineering & Technology Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: COFCO Engineering & Technology Co Ltd's assets grew by 16.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for COFCO Engineering & Technology Co Ltd (2017–2024)
The table below shows the annual total assets of COFCO Engineering & Technology Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.88 Billion ≈ $713.46 Million |
+16.00% |
| 2023-12-31 | CN¥4.20 Billion ≈ $615.04 Million |
+10.24% |
| 2022-12-31 | CN¥3.81 Billion ≈ $557.90 Million |
+0.63% |
| 2021-12-31 | CN¥3.79 Billion ≈ $554.42 Million |
+38.51% |
| 2020-12-31 | CN¥2.74 Billion ≈ $400.28 Million |
+21.05% |
| 2019-12-31 | CN¥2.26 Billion ≈ $330.66 Million |
+15.86% |
| 2018-12-31 | CN¥1.95 Billion ≈ $285.41 Million |
+6.80% |
| 2017-12-31 | CN¥1.83 Billion ≈ $267.24 Million |
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About COFCO Engineering & Technology Co Ltd
COFCO Technology & Industry Co., Ltd., a scientific and technological company, operates as an agricultural food engineering technology service provider in China and internationally. The company engages in the consultation and design business, including engineering design and engineering consulting in the field of agricultural and food product processing engineering; and agricultural and food prod… Read more