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¥3.02 Billion CNY (≈ $441.63 Million USD) 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. See Guangdong Rongtai Industry Co Ltd net assets for net asset value and shareholders' equity analysis.
Guangdong Rongtai Industry Co Ltd - Total Assets Trend (1998–2024)
This chart illustrates how Guangdong Rongtai Industry Co Ltd's total assets have evolved over time, based on quarterly financial data.
Guangdong Rongtai Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Rongtai Industry Co Ltd's total assets of CN¥3.02 Billion consist of 24.0% current assets and 76.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.4% |
| Accounts Receivable | CN¥58.91 Million | 3.5% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥182.70 Million | 10.9% |
| Goodwill | CN¥125.91 Million | 7.5% |
Asset Composition Trend (1998–2024)
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 24.0% of total assets in 2024, a decrease from 54.3% in 1998.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 1.6% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 10.9% 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 |
|---|---|---|
|
FSPG Hi-Tech Co Ltd
SHE:000973
|
China | CN¥5.04 Billion |
|
Methanex Corporation
TO:MX
|
Canada | CA$7.52 Billion |
|
Xinfengming Group Co Ltd
SHG:603225
|
China | CN¥59.98 Billion |
|
Kemira Oyj
HE:KEMIRA
|
Finland | €3.13 Billion |
|
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
|
China | CN¥19.62 Billion |
|
Lihuayi Weiyuan Chemical Co Ltd
SHG:600955
|
China | CN¥13.14 Billion |
|
Jiangxi Hungpai New Material Co Ltd
SHG:605366
|
China | CN¥4.02 Billion |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
China | CN¥3.31 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 | 0.51 | 0.93 | 1.43 |
| Quick Ratio | 0.51 | 0.93 | 1.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-417.25 Million | CN¥-42.55 Million | CN¥877.26 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 | 27.54 |
| Latest Market Cap to Assets Ratio | 1.43 |
| Asset Growth Rate (YoY) | -14.4% |
| Total Assets | CN¥1.68 Billion |
| Market Capitalization | $2.41 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Guangdong Rongtai Industry Co Ltd's assets above their book value (1.43x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Guangdong Rongtai Industry Co Ltd's assets decreased by 14.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Guangdong Rongtai Industry Co Ltd (1998–2024)
The table below shows the annual total assets of Guangdong Rongtai Industry Co Ltd from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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