Ronshin Group A
Rongxin Education and Culture Industry Development Co., Ltd. engages in the planning and distribution of children's books. It also exports children's cultural product. The company was founded in 2006 and is based in Xi'an, China.
Ronshin Group A (301231) - Total Assets
Latest total assets as of June 2025: CN¥942.77 Million CNY
Based on the latest financial reports, Ronshin Group A (301231) holds total assets worth CN¥942.77 Million 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.
Ronshin Group A - Total Assets Trend (2019–2024)
This chart illustrates how Ronshin Group A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ronshin Group A - Asset Composition Analysis
Current Asset Composition (December 2024)
Ronshin Group A's total assets of CN¥942.77 Million consist of 79.4% current assets and 20.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 54.3% |
| Accounts Receivable | CN¥58.01 Million | 6.3% |
| Inventory | CN¥143.22 Million | 15.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥17.84 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Ronshin Group A'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: Ronshin Group A's current assets represent 79.4% of total assets in 2024, a decrease from 82.7% in 2019.
- Cash Position: Cash and equivalents constituted 54.3% of total assets in 2024, up from 36.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 15.7% of total assets.
Ronshin Group A Competitors by Total Assets
Key competitors of Ronshin Group A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tangel Publishing
SHE:300148
|
China | CN¥1.48 Billion |
|
Huamei Holding
SHE:000607
|
China | CN¥3.53 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
China | CN¥18.96 Billion |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
|
China | CN¥5.13 Billion |
|
Catcha Digital Bhd
KLSE:0173
|
Malaysia | RM142.18 Million |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
Korea | ₩300.92 Billion |
|
Samsung Publis
KO:068290
|
Korea | ₩212.43 Billion |
|
Woongjin Thinkbig Co Ltd
KO:095720
|
Korea | ₩747.74 Billion |
Ronshin Group A - 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
Lower asset utilization - Ronshin Group A generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ronshin Group A is currently not profitable relative to its asset base.
Ronshin Group A - 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 | 12.38 | 18.57 | 6.73 |
| Quick Ratio | 10.20 | 15.07 | 4.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥685.83 Million | CN¥ 733.46 Million | CN¥ 357.03 Million |
Ronshin Group A - Advanced Valuation Insights
This section examines the relationship between Ronshin Group A'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 | 3.98 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -4.9% |
| Total Assets | CN¥914.33 Million |
| Market Capitalization | $255.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ronshin Group A's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ronshin Group A's assets decreased by 4.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ronshin Group A (2019–2024)
The table below shows the annual total assets of Ronshin Group A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥914.33 Million | -4.89% |
| 2023-12-31 | CN¥961.37 Million | -4.67% |
| 2022-12-31 | CN¥1.01 Billion | +88.81% |
| 2021-12-31 | CN¥534.13 Million | +4.63% |
| 2020-12-31 | CN¥510.47 Million | +1.91% |
| 2019-12-31 | CN¥500.91 Million | -- |