Wankai New Materials Co. Ltd.
Wankai New Materials Co., Ltd. engages in the research, development, production, and sale of polyethylene terephthalate (PET) materials in China and internationally. The company offers bottle-grade PET chips used in the production of bottle packaging containers, such as water bottles, beverage bottles, edible oil bottles, and cosmetic bottles, etc. It also provides non-bottle-grade PET chips, inc… Read more
Wankai New Materials Co. Ltd. (301216) - Total Assets
Latest total assets as of June 2025: CN¥17.84 Billion CNY
Based on the latest financial reports, Wankai New Materials Co. Ltd. (301216) holds total assets worth CN¥17.84 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.
Wankai New Materials Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Wankai New Materials Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wankai New Materials Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Wankai New Materials Co. Ltd.'s total assets of CN¥17.84 Billion consist of 49.9% current assets and 50.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.2% |
| Accounts Receivable | CN¥698.73 Million | 3.9% |
| Inventory | CN¥3.69 Billion | 20.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥492.86 Million | 2.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Wankai New Materials 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: Wankai New Materials Co. Ltd.'s current assets represent 49.9% of total assets in 2024, a decrease from 56.5% in 2019.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2024, down from 21.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 20.8% of total assets.
Wankai New Materials Co. Ltd. Competitors by Total Assets
Key competitors of Wankai New Materials 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 |
Wankai New Materials 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 - Wankai New Materials Co. Ltd. generates 0.97x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wankai New Materials Co. Ltd. is currently not profitable relative to its asset base.
Wankai New Materials 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 | 1.24 | 1.34 | 1.63 |
| Quick Ratio | 0.75 | 0.72 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.62 Billion | CN¥ 1.95 Billion | CN¥ 3.09 Billion |
Wankai New Materials Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Wankai New Materials 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 | 2.12 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 39.3% |
| Total Assets | CN¥17.78 Billion |
| Market Capitalization | $1.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Wankai New Materials Co. Ltd.'s assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wankai New Materials Co. Ltd.'s assets grew by 39.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wankai New Materials Co. Ltd. (2019–2024)
The table below shows the annual total assets of Wankai New Materials Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.78 Billion | +39.29% |
| 2023-12-31 | CN¥12.76 Billion | +5.67% |
| 2022-12-31 | CN¥12.08 Billion | +72.59% |
| 2021-12-31 | CN¥7.00 Billion | +44.59% |
| 2020-12-31 | CN¥4.84 Billion | +3.59% |
| 2019-12-31 | CN¥4.67 Billion | -- |