Qian Jiang Water Resources Development Co Ltd
Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, produces and supplies tap water in China. It engages in the operation of sewage treatment plants; and installation of municipal water pipelines. The company was founded in 1998 and is headquartered in Hangzhou, China.
Qian Jiang Water Resources Development Co Ltd (600283) - Total Assets
Latest total assets as of September 2025: CN¥9.79 Billion CNY
Based on the latest financial reports, Qian Jiang Water Resources Development Co Ltd (600283) holds total assets worth CN¥9.79 Billion CNY as of September 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.
Qian Jiang Water Resources Development Co Ltd - Total Assets Trend (1998–2024)
This chart illustrates how Qian Jiang Water Resources Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qian Jiang Water Resources Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qian Jiang Water Resources Development Co Ltd's total assets of CN¥9.79 Billion consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.4% |
| Accounts Receivable | CN¥534.87 Million | 5.2% |
| Inventory | CN¥543.92 Million | 5.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.29 Billion | 22.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Qian Jiang Water Resources Development 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: Qian Jiang Water Resources Development Co Ltd's current assets represent 29.2% of total assets in 2024, a decrease from 29.8% in 1998.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 1.9% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 2.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 22.2% of total assets.
Qian Jiang Water Resources Development Co Ltd Competitors by Total Assets
Key competitors of Qian Jiang Water Resources Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Qian Jiang Water Resources Development 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
Lower asset utilization - Qian Jiang Water Resources Development Co Ltd generates 0.23x 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, Qian Jiang Water Resources Development Co Ltd generates $ 2.09 in net profit.
Qian Jiang Water Resources Development 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 | 0.80 | 0.65 | 0.78 |
| Quick Ratio | 0.62 | 0.45 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-586.57 Million | CN¥ -1.25 Billion | CN¥ -378.86 Million |
Qian Jiang Water Resources Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qian Jiang Water Resources Development 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 | 1.73 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 34.7% |
| Total Assets | CN¥10.31 Billion |
| Market Capitalization | $292.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qian Jiang Water Resources Development Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qian Jiang Water Resources Development Co Ltd's assets grew by 34.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qian Jiang Water Resources Development Co Ltd (1998–2024)
The table below shows the annual total assets of Qian Jiang Water Resources Development Co Ltd from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.31 Billion | +34.70% |
| 2023-12-31 | CN¥7.65 Billion | +11.04% |
| 2022-12-31 | CN¥6.89 Billion | +8.01% |
| 2021-12-31 | CN¥6.38 Billion | +10.89% |
| 2020-12-31 | CN¥5.76 Billion | +11.30% |
| 2019-12-31 | CN¥5.17 Billion | +2.56% |
| 2018-12-31 | CN¥5.04 Billion | +4.30% |
| 2017-12-31 | CN¥4.83 Billion | -11.38% |
| 2016-12-31 | CN¥5.46 Billion | +4.13% |
| 2015-12-31 | CN¥5.24 Billion | +22.49% |
| 2014-12-31 | CN¥4.28 Billion | +19.00% |
| 2013-12-31 | CN¥3.59 Billion | +7.78% |
| 2012-12-31 | CN¥3.33 Billion | +14.33% |
| 2011-12-31 | CN¥2.92 Billion | -0.98% |
| 2010-12-31 | CN¥2.95 Billion | +5.61% |
| 2009-12-31 | CN¥2.79 Billion | +10.73% |
| 2008-12-31 | CN¥2.52 Billion | +27.63% |
| 2007-12-31 | CN¥1.97 Billion | -13.34% |
| 2006-12-31 | CN¥2.28 Billion | +19.12% |
| 2005-12-31 | CN¥1.91 Billion | +16.47% |
| 2004-12-31 | CN¥1.64 Billion | +4.67% |
| 2003-12-31 | CN¥1.57 Billion | -0.01% |
| 2002-12-31 | CN¥1.57 Billion | +31.63% |
| 2001-12-31 | CN¥1.19 Billion | -11.85% |
| 2000-12-31 | CN¥1.35 Billion | +141.00% |
| 1999-12-31 | CN¥560.92 Million | +16.53% |
| 1998-12-31 | CN¥481.34 Million | -- |