Caihong Display Devices Co Ltd
Caihong Display Devices Co.,Ltd. engages in the research, development, production, and sale of substrate glass and display panels in China and internationally. The company offers TFT-LCD liquid crystal substrate glasses, liquid crystal glass panels, and other glass products and related products, as well as modules and supporting products, and new display devices and components, etc. It also invol… Read more
Caihong Display Devices Co Ltd (600707) - Total Assets
Latest total assets as of September 2025: CN¥45.59 Billion CNY
Based on the latest financial reports, Caihong Display Devices Co Ltd (600707) holds total assets worth CN¥45.59 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.
Caihong Display Devices Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Caihong Display Devices Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Caihong Display Devices Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Caihong Display Devices Co Ltd's total assets of CN¥45.59 Billion consist of 23.8% current assets and 76.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.6% |
| Accounts Receivable | CN¥1.96 Billion | 4.9% |
| Inventory | CN¥1.08 Billion | 2.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.60 Billion | 4.0% |
| Goodwill | CN¥98.32 Million | 0.3% |
Asset Composition Trend (1994–2024)
This chart illustrates how Caihong Display Devices 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Caihong Display Devices Co Ltd's current assets represent 23.8% of total assets in 2024, a decrease from 48.1% in 1994.
- Cash Position: Cash and equivalents constituted 12.6% of total assets in 2024, up from 4.7% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 4.9% of total assets.
Caihong Display Devices Co Ltd Competitors by Total Assets
Key competitors of Caihong Display Devices Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DukSan Neolux Co.Ltd
KQ:213420
|
Korea | ₩682.28 Billion |
|
Gmt Global Inc.
TWO:4573
|
Taiwan | NT$1.75 Billion |
|
Hanchem Co,. Ltd.
KQ:457370
|
Korea | ₩63.76 Billion |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
Caihong Display Devices Co Ltd - 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
Lower asset utilization - Caihong Display Devices Co Ltd generates 0.29x 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, Caihong Display Devices Co Ltd generates $ 3.11 in net profit.
Caihong Display Devices 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 | 1.76 | 1.14 | 1.00 |
| Quick Ratio | 1.62 | 1.03 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥6.88 Billion | CN¥ 1.36 Billion | CN¥ 17.36 Million |
Caihong Display Devices Co Ltd - Advanced Valuation Insights
This section examines the relationship between Caihong Display Devices 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 | 1.07 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | CN¥39.87 Billion |
| Market Capitalization | $1.06 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Caihong Display Devices Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Caihong Display Devices Co Ltd's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Caihong Display Devices Co Ltd (1994–2024)
The table below shows the annual total assets of Caihong Display Devices Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥39.87 Billion | +2.39% |
| 2023-12-31 | CN¥38.94 Billion | -4.44% |
| 2022-12-31 | CN¥40.75 Billion | -5.55% |
| 2021-12-31 | CN¥43.15 Billion | +4.98% |
| 2020-12-31 | CN¥41.10 Billion | -1.61% |
| 2019-12-31 | CN¥41.77 Billion | +4.15% |
| 2018-12-31 | CN¥40.11 Billion | +10.08% |
| 2017-12-31 | CN¥36.44 Billion | +430.96% |
| 2016-12-31 | CN¥6.86 Billion | +11.55% |
| 2015-12-31 | CN¥6.15 Billion | +6.74% |
| 2014-12-31 | CN¥5.76 Billion | -21.57% |
| 2013-12-31 | CN¥7.35 Billion | -8.18% |
| 2012-12-31 | CN¥8.00 Billion | -9.76% |
| 2011-12-31 | CN¥8.87 Billion | +13.43% |
| 2010-12-31 | CN¥7.82 Billion | +140.54% |
| 2009-12-31 | CN¥3.25 Billion | +65.89% |
| 2008-12-31 | CN¥1.96 Billion | -4.07% |
| 2007-12-31 | CN¥2.04 Billion | -4.76% |
| 2006-12-31 | CN¥2.14 Billion | -3.74% |
| 2005-12-31 | CN¥2.23 Billion | -25.88% |
| 2004-12-31 | CN¥3.01 Billion | +5.39% |
| 2003-12-31 | CN¥2.85 Billion | +13.97% |
| 2002-12-31 | CN¥2.50 Billion | -4.74% |
| 2001-12-31 | CN¥2.63 Billion | +16.99% |
| 2000-12-31 | CN¥2.25 Billion | +79.43% |
| 1999-12-31 | CN¥1.25 Billion | -2.65% |
| 1998-12-31 | CN¥1.29 Billion | +11.94% |
| 1997-12-31 | CN¥1.15 Billion | +4.11% |
| 1996-12-31 | CN¥1.10 Billion | +35.40% |
| 1995-12-31 | CN¥814.65 Million | -12.55% |
| 1994-12-31 | CN¥931.60 Million | -- |