Korla Pear

SHG:600506 China Farm Products
Market Cap
$590.41 Million
CN¥4.33 Billion CNY
Market Cap Rank
#11369 Global
#2656 in China
Share Price
CN¥22.56
Change (1 day)
-2.25%
52-Week Range
CN¥18.12 - CN¥34.43
All Time High
CN¥38.82
About

Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd engages in the research and development, production, and sale of lubricants in China. Its products include gasoline and diesel engine oil, transmission oil, gear oil, motorcycle oil, and special oil for construction and agricultural machinery; and coolants and special lubricants in the new energy industry. The company manufactures petroleum pro… Read more

Korla Pear (600506) - Total Assets

Latest total assets as of September 2025: CN¥2.12 Billion CNY

Based on the latest financial reports, Korla Pear (600506) holds total assets worth CN¥2.12 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.

Korla Pear - Total Assets Trend (1999–2024)

This chart illustrates how Korla Pear’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Korla Pear - Asset Composition Analysis

Current Asset Composition (December 2024)

Korla Pear's total assets of CN¥2.12 Billion consist of 33.8% current assets and 66.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 10.4%
Accounts Receivable CN¥304.55 Million 15.6%
Inventory CN¥117.74 Million 6.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥227.49 Million 11.6%
Goodwill CN¥717.17 Million 36.7%

Asset Composition Trend (1999–2024)

This chart illustrates how Korla Pear'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: Korla Pear's current assets represent 33.8% of total assets in 2024, an increase from 7.4% in 1999.
  • Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 1.2% in 1999.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 24.0% in 1999.
  • Asset Diversification: The largest asset category is goodwill at 36.7% of total assets.

Korla Pear Competitors by Total Assets

Key competitors of Korla Pear based on total assets are shown below.

Korla Pear - 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

Historical Range: 0.08 - 1.18

Strong asset utilization - Korla Pear generates 1.18x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -3.35% - 2.07%

Moderate ROA - For every $100 in assets, Korla Pear generates $ 1.61 in net profit.

Korla Pear - 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 0.85 0.67 13.01
Quick Ratio 0.70 0.57 11.97
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-143.13 Million CN¥ -370.73 Million CN¥ 131.07 Million

Korla Pear - Advanced Valuation Insights

This section examines the relationship between Korla Pear'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 9.98
Latest Market Cap to Assets Ratio 0.21
Asset Growth Rate (YoY) -8.0%
Total Assets CN¥1.95 Billion
Market Capitalization $401.01 Million USD

Valuation Analysis

Below Book Valuation: The market values Korla Pear's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Korla Pear's assets decreased by 8.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Korla Pear (1999–2024)

The table below shows the annual total assets of Korla Pear from 1999 to 2024.

Year Total Assets Change
2024-12-31 CN¥1.95 Billion -7.99%
2023-12-31 CN¥2.12 Billion -15.40%
2022-12-31 CN¥2.51 Billion -31.11%
2021-12-31 CN¥3.65 Billion +1113.64%
2020-12-31 CN¥300.36 Million +2.46%
2019-12-31 CN¥293.13 Million -2.11%
2018-12-31 CN¥299.46 Million +1.48%
2017-12-31 CN¥295.10 Million +2.19%
2016-12-31 CN¥288.76 Million -3.79%
2015-12-31 CN¥300.13 Million +4.29%
2014-12-31 CN¥287.79 Million -5.19%
2013-12-31 CN¥303.54 Million -8.26%
2012-12-31 CN¥330.85 Million +0.85%
2011-12-31 CN¥328.07 Million -1.18%
2010-12-31 CN¥331.99 Million -5.57%
2009-12-31 CN¥351.59 Million -12.18%
2008-12-31 CN¥400.37 Million -30.27%
2007-12-31 CN¥574.20 Million +20.73%
2006-12-31 CN¥475.59 Million -11.02%
2005-12-31 CN¥534.49 Million -20.20%
2004-12-31 CN¥669.79 Million -5.99%
2003-12-31 CN¥712.47 Million +14.91%
2002-12-31 CN¥620.02 Million +1.32%
2001-12-31 CN¥611.93 Million +91.59%
2000-12-31 CN¥319.40 Million +54.55%
1999-12-31 CN¥206.66 Million --