Guangdong Rongtai Industry Co Ltd (600589) - Total Assets
Based on the latest financial reports, Guangdong Rongtai Industry Co Ltd (600589) holds total assets worth CN¥3.63 Billion CNY (≈ $531.19 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. Check total reinvestment intensity of Guangdong Rongtai Industry Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
Guangdong Rongtai Industry Co Ltd - Total Assets Trend (1998–2025)
This chart illustrates how Guangdong Rongtai Industry Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Guangdong Rongtai Industry Co Ltd to see how much of total assets are deployed in long-term investments.
Guangdong Rongtai Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Guangdong Rongtai Industry Co Ltd's total assets of CN¥3.63 Billion consist of 15.8% current assets and 84.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.4% |
| Accounts Receivable | CN¥62.60 Million | 2.0% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥167.27 Million | 5.4% |
| Goodwill | CN¥125.91 Million | 4.1% |
Asset Composition Trend (1998–2025)
This chart illustrates how Guangdong Rongtai Industry 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. For live market cap, price, and company overview, see how much is Guangdong Rongtai Industry Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangdong Rongtai Industry Co Ltd's current assets represent 15.8% of total assets in 2025, a decrease from 54.3% in 1998.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, up from 1.6% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 5.4% of total assets.
Guangdong Rongtai Industry Co Ltd Competitors by Total Assets
Key competitors of Guangdong Rongtai Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Levima Advanced Materials Corp
SHE:003022
|
China | CN¥26.17 Billion |
|
Xinfengming Group Co Ltd
SHG:603225
|
China | CN¥67.08 Billion |
|
Methanex Corporation
TO:MX
|
Canada | CA$7.21 Billion |
|
Youngy Co Ltd
SHE:002192
|
China | CN¥5.08 Billion |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690
|
China | CN¥2.34 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
China | CN¥6.73 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
China | CN¥4.94 Billion |
Guangdong Rongtai Industry 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 | 0.52 | 0.55 | 1.12 |
| Quick Ratio | 0.52 | 0.55 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-603.02 Million | CN¥-313.81 Million | CN¥181.30 Million |
Guangdong Rongtai Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangdong Rongtai Industry 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 | 29.91 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | 84.5% |
| Total Assets | CN¥3.10 Billion |
| Market Capitalization | $2.22 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Rongtai Industry Co Ltd's assets below their book value (0.72x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Guangdong Rongtai Industry Co Ltd's assets grew by 84.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Guangdong Rongtai Industry Co Ltd (1998–2025)
The table below shows the annual total assets of Guangdong Rongtai Industry Co Ltd from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.10 Billion ≈ $453.13 Million |
+84.53% |
| 2024-12-31 | CN¥1.68 Billion ≈ $245.56 Million |
-14.35% |
| 2023-12-31 | CN¥1.96 Billion ≈ $286.71 Million |
+76.57% |
| 2022-12-31 | CN¥1.11 Billion ≈ $162.38 Million |
-40.53% |
| 2021-12-31 | CN¥1.87 Billion ≈ $273.02 Million |
-48.76% |
| 2020-12-31 | CN¥3.64 Billion ≈ $532.85 Million |
-14.49% |
| 2019-12-31 | CN¥4.26 Billion ≈ $623.15 Million |
-21.09% |
| 2018-12-31 | CN¥5.40 Billion ≈ $789.67 Million |
-8.07% |
| 2017-12-31 | CN¥5.87 Billion ≈ $858.96 Million |
+16.13% |
| 2016-12-31 | CN¥5.05 Billion ≈ $739.69 Million |
+23.63% |
| 2015-12-31 | CN¥4.09 Billion ≈ $598.28 Million |
+9.89% |
| 2014-12-31 | CN¥3.72 Billion ≈ $544.43 Million |
+8.51% |
| 2013-12-31 | CN¥3.43 Billion ≈ $501.73 Million |
+10.14% |
| 2012-12-31 | CN¥3.11 Billion ≈ $455.53 Million |
+3.75% |
| 2011-12-31 | CN¥3.00 Billion ≈ $439.08 Million |
+3.47% |
| 2010-12-31 | CN¥2.90 Billion ≈ $424.37 Million |
+8.59% |
| 2009-12-31 | CN¥2.67 Billion ≈ $390.81 Million |
+30.38% |
| 2008-12-31 | CN¥2.05 Billion ≈ $299.74 Million |
+14.52% |
| 2007-12-31 | CN¥1.79 Billion ≈ $261.74 Million |
+11.92% |
| 2006-12-31 | CN¥1.60 Billion ≈ $233.86 Million |
+43.43% |
| 2005-12-31 | CN¥1.11 Billion ≈ $163.05 Million |
+3.93% |
| 2004-12-31 | CN¥1.07 Billion ≈ $156.88 Million |
+29.02% |
| 2003-12-31 | CN¥830.92 Million ≈ $121.59 Million |
+15.38% |
| 2002-12-31 | CN¥720.14 Million ≈ $105.38 Million |
+4.61% |
| 2001-12-31 | CN¥688.38 Million ≈ $100.73 Million |
+155.37% |
| 2000-12-31 | CN¥269.56 Million ≈ $39.45 Million |
+14.96% |
| 1999-12-31 | CN¥234.48 Million ≈ $34.31 Million |
+5.97% |
| 1998-12-31 | CN¥221.28 Million ≈ $32.38 Million |
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About Guangdong Rongtai Industry Co Ltd
Dawei Technology (Guangdong) Group Co., Ltd., through its subsidiaries, engages in the internet data center business in China. The company offers internet data, computer system, energy storage technology, information system integration, and cloud computing equipment technology services, as well as technical services, including development, consulting, exchange, transfer, and promotion services. I… Read more