Hongda
Sichuan Hongda Co.,Ltd., together with its subsidiaries, engages in the non-ferrous metal zinc smelting and phosphorous chemical businesses in China. It operates through Chemical Industry, Non-Ferrous Metals Industry, and Others segments. The company offers zinc ingots, hot-dip galvanized and cast zinc alloys, and zinc oxide under the Cishan brand; and rare metals, such as molybdenum, indium, and… Read more
Hongda (600331) - Total Assets
Latest total assets as of June 2025: CN¥5.26 Billion CNY
Based on the latest financial reports, Hongda (600331) holds total assets worth CN¥5.26 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.
Hongda - Total Assets Trend (1998–2024)
This chart illustrates how Hongda’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hongda - Asset Composition Analysis
Current Asset Composition (December 2024)
Hongda's total assets of CN¥5.26 Billion consist of 48.7% current assets and 51.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.4% |
| Accounts Receivable | CN¥271.83 Million | 11.9% |
| Inventory | CN¥397.15 Million | 17.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥68.29 Million | 3.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Hongda'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: Hongda's current assets represent 48.7% of total assets in 2024, a decrease from 68.2% in 1998.
- Cash Position: Cash and equivalents constituted 14.4% of total assets in 2024, up from 4.4% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 17.5% of total assets.
Hongda Competitors by Total Assets
Key competitors of Hongda based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Hongda - 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 - Hongda generates 1.50x 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, Hongda generates $ 1.59 in net profit.
Hongda - 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 | 2.57 | 0.57 | 0.36 |
| Quick Ratio | 2.24 | 0.33 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.52 Billion | CN¥ -780.70 Million | CN¥ -1.43 Billion |
Hongda - Advanced Valuation Insights
This section examines the relationship between Hongda'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 | 14.49 |
| Latest Market Cap to Assets Ratio | 2.19 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | CN¥2.28 Billion |
| Market Capitalization | $4.99 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Hongda's assets at a significant premium ( 2.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Hongda's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hongda (1998–2024)
The table below shows the annual total assets of Hongda from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.28 Billion | +6.29% |
| 2023-12-31 | CN¥2.14 Billion | -8.87% |
| 2022-12-31 | CN¥2.35 Billion | +3.93% |
| 2021-12-31 | CN¥2.26 Billion | -2.84% |
| 2020-12-31 | CN¥2.33 Billion | -49.96% |
| 2019-12-31 | CN¥4.65 Billion | -3.20% |
| 2018-12-31 | CN¥4.80 Billion | -49.55% |
| 2017-12-31 | CN¥9.52 Billion | -7.34% |
| 2016-12-31 | CN¥10.28 Billion | +0.41% |
| 2015-12-31 | CN¥10.24 Billion | -2.55% |
| 2014-12-31 | CN¥10.50 Billion | +33.36% |
| 2013-12-31 | CN¥7.88 Billion | -2.48% |
| 2012-12-31 | CN¥8.08 Billion | -13.08% |
| 2011-12-31 | CN¥9.29 Billion | -9.88% |
| 2010-12-31 | CN¥10.31 Billion | +19.01% |
| 2009-12-31 | CN¥8.66 Billion | +17.94% |
| 2008-12-31 | CN¥7.35 Billion | -7.58% |
| 2007-12-31 | CN¥7.95 Billion | +37.97% |
| 2006-12-31 | CN¥5.76 Billion | +42.61% |
| 2005-12-31 | CN¥4.04 Billion | +44.67% |
| 2004-12-31 | CN¥2.79 Billion | +23.80% |
| 2003-12-31 | CN¥2.26 Billion | +56.47% |
| 2002-12-31 | CN¥1.44 Billion | +27.96% |
| 2001-12-31 | CN¥1.13 Billion | +116.05% |
| 2000-12-31 | CN¥521.45 Million | +17.15% |
| 1999-12-31 | CN¥445.12 Million | +12.74% |
| 1998-12-31 | CN¥394.81 Million | -- |