Flat Glass Group Co. Ltd (601865) - Total Assets
Based on the latest financial reports, Flat Glass Group Co. Ltd (601865) holds total assets worth CN¥41.91 Billion CNY (≈ $6.13 Billion 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. Explore 601865 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Flat Glass Group Co. Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Flat Glass Group Co. Ltd's total assets have evolved over time, based on quarterly financial data. See Flat Glass Group Co. Ltd (601865) shareholders funds for net asset value and shareholders' equity analysis.
Flat Glass Group Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Flat Glass Group Co. Ltd's total assets of CN¥41.91 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.3% |
| Accounts Receivable | CN¥5.30 Billion | 12.4% |
| Inventory | CN¥1.73 Billion | 4.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥848.33 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Flat Glass Group 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 Flat Glass Group Co. Ltd (601865) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flat Glass Group Co. Ltd's current assets represent 32.3% of total assets in 2024, a decrease from 37.0% in 2012.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, up from 3.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 12.4% of total assets.
Flat Glass Group Co. Ltd Competitors by Total Assets
Key competitors of Flat Glass Group Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥186.99 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
India | Rs108.45 Billion |
|
Henan Yicheng New Energy Co Ltd
SHE:300080
|
China | CN¥13.90 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
China | CN¥16.36 Billion |
|
Soltec Power Holdings S.A
MC:SOL
|
Spain | €333.30 Million |
|
Otovo AS
OL:OTOVO
|
Norway | Nkr553.98 Million |
|
7C Solarparken AG
XETRA:HRPK
|
Germany | €516.93 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
Flat Glass Group 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 | 1.85 | 1.70 | 1.67 |
| Quick Ratio | 1.67 | 1.46 | 1.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.74 Billion | CN¥6.36 Billion | CN¥2.24 Billion |
Flat Glass Group Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Flat Glass Group 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 | 1.75 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥42.92 Billion |
| Market Capitalization | $2.78 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Flat Glass Group Co. Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Flat Glass Group Co. Ltd's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Flat Glass Group Co. Ltd (2012–2024)
The table below shows the annual total assets of Flat Glass Group Co. Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥42.92 Billion ≈ $6.28 Billion |
-0.14% |
| 2023-12-31 | CN¥42.98 Billion ≈ $6.29 Billion |
+32.74% |
| 2022-12-31 | CN¥32.38 Billion ≈ $4.74 Billion |
+61.24% |
| 2021-12-31 | CN¥20.08 Billion ≈ $2.94 Billion |
+63.73% |
| 2020-12-31 | CN¥12.27 Billion ≈ $1.79 Billion |
+30.59% |
| 2019-12-31 | CN¥9.39 Billion ≈ $1.37 Billion |
+35.07% |
| 2018-12-31 | CN¥6.95 Billion ≈ $1.02 Billion |
+16.76% |
| 2017-12-31 | CN¥5.96 Billion ≈ $871.48 Million |
+33.33% |
| 2016-12-31 | CN¥4.47 Billion ≈ $653.61 Million |
-4.71% |
| 2015-12-31 | CN¥4.69 Billion ≈ $685.93 Million |
+14.21% |
| 2014-12-31 | CN¥4.10 Billion ≈ $600.57 Million |
+3.84% |
| 2013-12-31 | CN¥3.95 Billion ≈ $578.38 Million |
+8.46% |
| 2012-12-31 | CN¥3.64 Billion ≈ $533.26 Million |
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About Flat Glass Group Co. Ltd
Flat Glass Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of glass products in the People's Republic of China, the rest of Asia, Europe, North America, and internationally. It operates through PV Glass, Household Glass, Architectural Glass, Float Glass, Mining Products, Electricity Generation Revenue, and Other Business segments. The company is also involved … Read more