China First Heavy Industries
China First Heavy Industries manufactures and sells technical equipment in the People's Republic of China and internationally. The company offers nuclear power equipment; petrochemical equipment, such as coal liquefaction, and hydrogenation reactors, PTA and ethylene oxide reactor, oversized heat exchangers, coal gasifiers, etc.; metallurgical equipment, including continuous casting machine, conv… Read more
China First Heavy Industries (601106) - Total Assets
Latest total assets as of September 2025: CN¥38.49 Billion CNY
Based on the latest financial reports, China First Heavy Industries (601106) holds total assets worth CN¥38.49 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.
China First Heavy Industries - Total Assets Trend (2008–2024)
This chart illustrates how China First Heavy Industries’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China First Heavy Industries - Asset Composition Analysis
Current Asset Composition (December 2024)
China First Heavy Industries's total assets of CN¥38.49 Billion consist of 58.4% current assets and 41.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.2% |
| Accounts Receivable | CN¥11.01 Billion | 27.5% |
| Inventory | CN¥8.01 Billion | 20.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.41 Billion | 6.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how China First Heavy Industries'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: China First Heavy Industries's current assets represent 58.4% of total assets in 2024, a decrease from 76.8% in 2008.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, down from 11.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 3.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 27.5% of total assets.
China First Heavy Industries Competitors by Total Assets
Key competitors of China First Heavy Industries based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
China First Heavy Industries - 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
Moderate asset utilization - China First Heavy Industries generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - China First Heavy Industries is currently not profitable relative to its asset base.
China First Heavy Industries - 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 | 1.14 | 1.18 | 1.52 |
| Quick Ratio | 0.75 | 0.82 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.91 Billion | CN¥ 4.28 Billion | CN¥ 7.43 Billion |
China First Heavy Industries - Advanced Valuation Insights
This section examines the relationship between China First Heavy Industries'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 | 6.96 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥39.97 Billion |
| Market Capitalization | $1.78 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China First Heavy Industries's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China First Heavy Industries's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China First Heavy Industries (2008–2024)
The table below shows the annual total assets of China First Heavy Industries from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥39.97 Billion | -0.05% |
| 2023-12-31 | CN¥39.99 Billion | -3.07% |
| 2022-12-31 | CN¥41.26 Billion | +7.75% |
| 2021-12-31 | CN¥38.29 Billion | +16.49% |
| 2020-12-31 | CN¥32.87 Billion | -0.67% |
| 2019-12-31 | CN¥33.09 Billion | -2.80% |
| 2018-12-31 | CN¥34.05 Billion | +2.00% |
| 2017-12-31 | CN¥33.38 Billion | +9.74% |
| 2016-12-31 | CN¥30.42 Billion | -20.10% |
| 2015-12-31 | CN¥38.07 Billion | -4.80% |
| 2014-12-31 | CN¥39.99 Billion | +12.01% |
| 2013-12-31 | CN¥35.70 Billion | -1.35% |
| 2012-12-31 | CN¥36.19 Billion | +5.90% |
| 2011-12-31 | CN¥34.17 Billion | +21.48% |
| 2010-12-31 | CN¥28.13 Billion | +22.91% |
| 2009-12-31 | CN¥22.89 Billion | +15.44% |
| 2008-12-31 | CN¥19.83 Billion | -- |