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. Check Flat Glass Group Co. Ltd (601865) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Check Flat Glass Group Co. Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 601865 market cap.
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 |
|---|---|---|
|
United Renewable Energy Co Ltd
TW:3576
|
Taiwan | NT$24.05 Billion |
|
Lingda Group Co Ltd
SHE:300125
|
China | CN¥1.58 Billion |
|
7C Solarparken AG
XETRA:HRPK
|
Germany | €516.93 Million |
|
ANJI Technology Co. Ltd
TW:6477
|
Taiwan | NT$8.20 Billion |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$5.95 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
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 | 0.07 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥42.92 Billion |
| Market Capitalization | $3.03 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Flat Glass Group Co. Ltd's assets below their book value (0.07x), 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