Hongda (600331) - Total Assets
Based on the latest financial reports, Hongda (600331) holds total assets worth CN¥3.65 Billion CNY (≈ $534.38 Million USD) as of March 2026. 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. Explore Hongda debt service capacity to assess how comfortably operating cash covers total debt obligations.
Hongda - Total Assets Trend (1998–2025)
This chart illustrates how Hongda's total assets have evolved over time, based on quarterly financial data. See net assets of Hongda for net asset value and shareholders' equity analysis.
Hongda - Asset Composition Analysis
Current Asset Composition (December 2025)
Hongda's total assets of CN¥3.65 Billion consist of 68.3% current assets and 31.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 39.8% |
| Accounts Receivable | CN¥563.53 Million | 15.6% |
| Inventory | CN¥419.35 Million | 11.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥76.22 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1998–2025)
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. For live market cap, price, and company overview, see Hongda (600331) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hongda's current assets represent 68.3% of total assets in 2025, an increase from 68.2% in 1998.
- Cash Position: Cash and equivalents constituted 39.8% of total assets in 2025, up from 4.4% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 15.6% of total assets.
Hongda Competitors by Total Assets
Key competitors of Hongda based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Yunnan Tin Co Ltd
SHE:000960
|
China | CN¥36.70 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Xiamen Tungsten Co Ltd
SHG:600549
|
China | CN¥63.93 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥8.53 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
China | CN¥7.49 Billion |
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 | 4.81 | 0.78 | 0.42 |
| Quick Ratio | 3.88 | 0.45 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.98 Billion | CN¥-277.38 Million | CN¥-1.07 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 | 10.74 |
| Latest Market Cap to Assets Ratio | 1.48 |
| Asset Growth Rate (YoY) | 59.1% |
| Total Assets | CN¥3.62 Billion |
| Market Capitalization | $5.37 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Hongda's assets above their book value (1.48x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Hongda's assets grew by 59.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hongda (1998–2025)
The table below shows the annual total assets of Hongda from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.62 Billion ≈ $529.93 Million |
+59.10% |
| 2024-12-31 | CN¥2.28 Billion ≈ $333.09 Million |
+6.29% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.38 Million |
-8.87% |
| 2022-12-31 | CN¥2.35 Billion ≈ $343.88 Million |
+3.93% |
| 2021-12-31 | CN¥2.26 Billion ≈ $330.87 Million |
-2.84% |
| 2020-12-31 | CN¥2.33 Billion ≈ $340.54 Million |
-49.96% |
| 2019-12-31 | CN¥4.65 Billion ≈ $680.54 Million |
-3.20% |
| 2018-12-31 | CN¥4.80 Billion ≈ $703.03 Million |
-49.55% |
| 2017-12-31 | CN¥9.52 Billion ≈ $1.39 Billion |
-7.34% |
| 2016-12-31 | CN¥10.28 Billion ≈ $1.50 Billion |
+0.41% |
| 2015-12-31 | CN¥10.24 Billion ≈ $1.50 Billion |
-2.55% |
| 2014-12-31 | CN¥10.50 Billion ≈ $1.54 Billion |
+33.36% |
| 2013-12-31 | CN¥7.88 Billion ≈ $1.15 Billion |
-2.48% |
| 2012-12-31 | CN¥8.08 Billion ≈ $1.18 Billion |
-13.08% |
| 2011-12-31 | CN¥9.29 Billion ≈ $1.36 Billion |
-9.88% |
| 2010-12-31 | CN¥10.31 Billion ≈ $1.51 Billion |
+19.01% |
| 2009-12-31 | CN¥8.66 Billion ≈ $1.27 Billion |
+17.94% |
| 2008-12-31 | CN¥7.35 Billion ≈ $1.08 Billion |
-7.58% |
| 2007-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+37.97% |
| 2006-12-31 | CN¥5.76 Billion ≈ $843.06 Million |
+42.61% |
| 2005-12-31 | CN¥4.04 Billion ≈ $591.15 Million |
+44.67% |
| 2004-12-31 | CN¥2.79 Billion ≈ $408.63 Million |
+23.80% |
| 2003-12-31 | CN¥2.26 Billion ≈ $330.08 Million |
+56.47% |
| 2002-12-31 | CN¥1.44 Billion ≈ $210.95 Million |
+27.96% |
| 2001-12-31 | CN¥1.13 Billion ≈ $164.85 Million |
+116.05% |
| 2000-12-31 | CN¥521.45 Million ≈ $76.30 Million |
+17.15% |
| 1999-12-31 | CN¥445.12 Million ≈ $65.13 Million |
+12.74% |
| 1998-12-31 | CN¥394.81 Million ≈ $57.77 Million |
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About Hongda
Sichuan Hongda Co.,Ltd., together with its subsidiaries, engages in the non-ferrous metal zinc smelting and phosphorous chemical businesses in China. The company 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, in… Read more