Qianhe Condiment&Food Co Ltd
Qianhe Condiment and Food Co., Ltd. engages in the research and development, production and sale of high-quality soy sauce, vinegar, cooking wine, and other condiments. It offers dark, light, low sodium, organic, and seasoned soy sauces, as well as soy sauce paste and powder and oyster sauce. It also provides Liquid and powder caramel color. Qianhe Condiment and Food Co., Ltd. was founded in 1996… Read more
Qianhe Condiment&Food Co Ltd (603027) - Total Assets
Latest total assets as of September 2025: CN¥4.46 Billion CNY
Based on the latest financial reports, Qianhe Condiment&Food Co Ltd (603027) holds total assets worth CN¥4.46 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.
Qianhe Condiment&Food Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Qianhe Condiment&Food Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qianhe Condiment&Food Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qianhe Condiment&Food Co Ltd's total assets of CN¥4.46 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.7% |
| Accounts Receivable | CN¥148.28 Million | 3.3% |
| Inventory | CN¥892.53 Million | 19.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥118.98 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qianhe Condiment&Food 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: Qianhe Condiment&Food Co Ltd's current assets represent 57.4% of total assets in 2024, an increase from 43.2% in 2011.
- Cash Position: Cash and equivalents constituted 32.7% of total assets in 2024, up from 14.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 19.9% of total assets.
Qianhe Condiment&Food Co Ltd Competitors by Total Assets
Key competitors of Qianhe Condiment&Food Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Qianhe Condiment&Food 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
Moderate asset utilization - Qianhe Condiment&Food Co Ltd generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Qianhe Condiment&Food Co Ltd generates $ 11.48 in net profit.
Qianhe Condiment&Food 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 | 2.65 | 3.47 | 4.45 |
| Quick Ratio | 1.75 | 2.34 | 2.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.59 Billion | CN¥ 1.69 Billion | CN¥ 822.94 Million |
Qianhe Condiment&Food Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qianhe Condiment&Food 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 | 4.04 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 5.0% |
| Total Assets | CN¥4.48 Billion |
| Market Capitalization | $841.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qianhe Condiment&Food Co Ltd's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Qianhe Condiment&Food Co Ltd's assets grew by 5.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Qianhe Condiment&Food Co Ltd (2011–2024)
The table below shows the annual total assets of Qianhe Condiment&Food Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.48 Billion | +4.97% |
| 2023-12-31 | CN¥4.27 Billion | +34.56% |
| 2022-12-31 | CN¥3.17 Billion | +32.26% |
| 2021-12-31 | CN¥2.40 Billion | +9.72% |
| 2020-12-31 | CN¥2.19 Billion | +6.32% |
| 2019-12-31 | CN¥2.06 Billion | +6.44% |
| 2018-12-31 | CN¥1.93 Billion | +61.45% |
| 2017-12-31 | CN¥1.20 Billion | +16.51% |
| 2016-12-31 | CN¥1.03 Billion | +41.78% |
| 2015-12-31 | CN¥724.12 Million | +11.57% |
| 2014-12-31 | CN¥649.04 Million | +25.35% |
| 2013-12-31 | CN¥517.79 Million | +15.99% |
| 2012-12-31 | CN¥446.39 Million | +16.76% |
| 2011-12-31 | CN¥382.33 Million | -- |