Tianjin You Fa Steel Pipe Group Stock Co Ltd
Tianjin You Fa Steel Pipe Group Stock Co., Ltd. engages in the research, development, production, and sale of steel pipes in China. The company offers steel pipes, including hot-dip galvanized, straight seam, plastic-lined and coated composite, galvanized seamless, spiral seam double-sided submerged arc welded, and square rectangular welded steel pipes; stainless steel pipes and fittings; hot-dip… Read more
Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) - Total Assets
Latest total assets as of September 2025: CN¥26.74 Billion CNY
Based on the latest financial reports, Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) holds total assets worth CN¥26.74 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.
Tianjin You Fa Steel Pipe Group Stock Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Tianjin You Fa Steel Pipe Group Stock Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tianjin You Fa Steel Pipe Group Stock Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tianjin You Fa Steel Pipe Group Stock Co Ltd's total assets of CN¥26.74 Billion consist of 73.9% current assets and 26.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 48.1% |
| Accounts Receivable | CN¥1.72 Billion | 6.6% |
| Inventory | CN¥3.32 Billion | 12.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥680.96 Million | 2.6% |
| Goodwill | CN¥168.91 Million | 0.7% |
Asset Composition Trend (2016–2024)
This chart illustrates how Tianjin You Fa Steel Pipe Group Stock 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: Tianjin You Fa Steel Pipe Group Stock Co Ltd's current assets represent 73.9% of total assets in 2024, an increase from 63.1% in 2016.
- Cash Position: Cash and equivalents constituted 48.1% of total assets in 2024, up from 20.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 12.8% of total assets.
Tianjin You Fa Steel Pipe Group Stock Co Ltd Competitors by Total Assets
Key competitors of Tianjin You Fa Steel Pipe Group Stock Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Tianjin You Fa Steel Pipe Group Stock 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
Strong asset utilization - Tianjin You Fa Steel Pipe Group Stock Co Ltd generates 2.11x 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, Tianjin You Fa Steel Pipe Group Stock Co Ltd generates $ 1.63 in net profit.
Tianjin You Fa Steel Pipe Group Stock 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 | 1.19 | 1.23 | 1.82 |
| Quick Ratio | 0.97 | 1.04 | 1.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.18 Billion | CN¥ 3.23 Billion | CN¥ 3.96 Billion |
Tianjin You Fa Steel Pipe Group Stock Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tianjin You Fa Steel Pipe Group Stock 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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 47.3% |
| Total Assets | CN¥26.00 Billion |
| Market Capitalization | $487.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tianjin You Fa Steel Pipe Group Stock Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tianjin You Fa Steel Pipe Group Stock Co Ltd's assets grew by 47.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)
The table below shows the annual total assets of Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥26.00 Billion | +47.32% |
| 2023-12-31 | CN¥17.65 Billion | +5.18% |
| 2022-12-31 | CN¥16.78 Billion | +5.75% |
| 2021-12-31 | CN¥15.87 Billion | +34.02% |
| 2020-12-31 | CN¥11.84 Billion | +33.71% |
| 2019-12-31 | CN¥8.86 Billion | +18.99% |
| 2018-12-31 | CN¥7.44 Billion | +13.53% |
| 2017-12-31 | CN¥6.56 Billion | +6.01% |
| 2016-12-31 | CN¥6.18 Billion | -- |