Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) - Total Assets
Based on the latest financial reports, Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) holds total assets worth CN¥9.46 Billion CNY (≈ $1.38 Billion 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.
Jiangsu Ruitai New Energy Materials Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Jiangsu Ruitai New Energy Materials Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. Also see market cap of Jiangsu Ruitai New Energy Materials Co. for the company's overall valuation and market capitalisation.
Jiangsu Ruitai New Energy Materials Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Ruitai New Energy Materials Co. Ltd.'s total assets of CN¥9.46 Billion consist of 71.0% current assets and 29.0% non-current assets. Review total liabilities of Jiangsu Ruitai New Energy Materials Co. to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.1% |
| Accounts Receivable | CN¥938.54 Million | 9.4% |
| Inventory | CN¥207.50 Million | 2.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥237.95 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Jiangsu Ruitai New Energy 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. See Jiangsu Ruitai New Energy Materials Co. (301238) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Ruitai New Energy Materials Co. Ltd.'s current assets represent 71.0% of total assets in 2024, a decrease from 74.9% in 2019.
- Cash Position: Cash and equivalents constituted 26.1% of total assets in 2024, up from 19.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 9.4% of total assets.
Jiangsu Ruitai New Energy Materials Co. Ltd. Competitors by Total Assets
Key competitors of Jiangsu Ruitai New Energy Materials Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Minmetals Rare Earth Co Ltd
SHE:000831
|
China | CN¥5.82 Billion |
|
Orica Ltd
AU:ORI
|
Australia | AU$9.68 Billion |
|
NINGBO SHANSHAN GDR/A
F:OJ8
|
Germany | €45.88 Billion |
|
Novoray Corporation
SHG:688300
|
China | CN¥2.22 Billion |
|
Jiangsu Sidike New Materials Sci Te
SHE:300806
|
China | CN¥8.06 Billion |
|
Zhejiang Longsheng Group Co Ltd
SHG:600352
|
China | CN¥76.50 Billion |
|
Ningbo Shanshan Co Ltd
SHG:600884
|
China | CN¥45.88 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥121.12 Billion |
Jiangsu Ruitai New Energy 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 | 4.64 | 3.85 | 1.60 |
| Quick Ratio | 4.50 | 3.74 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.14 Billion | CN¥5.24 Billion | CN¥2.16 Billion |
Jiangsu Ruitai New Energy Materials Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Jiangsu Ruitai New Energy 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 | 2.07 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -8.5% |
| Total Assets | CN¥10.01 Billion |
| Market Capitalization | $1.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Ruitai New Energy Materials Co. Ltd.'s assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiangsu Ruitai New Energy Materials Co. Ltd.'s assets decreased by 8.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)
The table below shows the annual total assets of Jiangsu Ruitai New Energy Materials Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.01 Billion ≈ $1.47 Billion |
-8.53% |
| 2023-12-31 | CN¥10.95 Billion ≈ $1.60 Billion |
+7.29% |
| 2022-12-31 | CN¥10.20 Billion ≈ $1.49 Billion |
+82.59% |
| 2021-12-31 | CN¥5.59 Billion ≈ $817.81 Million |
+75.66% |
| 2020-12-31 | CN¥3.18 Billion ≈ $465.57 Million |
+45.58% |
| 2019-12-31 | CN¥2.19 Billion ≈ $319.81 Million |
-- |
About Jiangsu Ruitai New Energy Materials Co. Ltd.
Jiangsu Ruitai New Energy Materials Co., Ltd. researches and develops, produces, and sells lithium-ion battery materials and silane coupling agents in China and internationally. The company offers power and consumer battery electrolytes, energy storage battery electrolytes, lithium-ion battery electrolyte additives, and supercapacitor products. It also provides battery chemicals, capacitor chemic… Read more