Huali Industries
Dongguan Huali Industries Co.,Ltd researches and develops, designs, produces, and sells decorative composite materials in China and internationally. It offers Melamine edge-banding, ABS edge-banding, PVC edge-banding, 3D edge-banding, LASER / HOT AIR edge banding etc.; bumper strip, sealing strip, golden-silver line, skirting board, kitchen skirting, wave board, flooring profile, Roman column, do… Read more
Huali Industries (603038) - Total Assets
Latest total assets as of September 2025: CN¥2.86 Billion CNY
Based on the latest financial reports, Huali Industries (603038) holds total assets worth CN¥2.86 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.
Huali Industries - Total Assets Trend (2011–2024)
This chart illustrates how Huali Industries’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Huali Industries - Asset Composition Analysis
Current Asset Composition (December 2024)
Huali Industries's total assets of CN¥2.86 Billion consist of 46.5% current assets and 53.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.3% |
| Accounts Receivable | CN¥485.14 Million | 16.7% |
| Inventory | CN¥187.22 Million | 6.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥243.05 Million | 8.4% |
| Goodwill | CN¥214.54 Million | 7.4% |
Asset Composition Trend (2011–2024)
This chart illustrates how Huali 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: Huali Industries's current assets represent 46.5% of total assets in 2024, a decrease from 61.3% in 2011.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, down from 23.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 6.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 16.7% of total assets.
Huali Industries Competitors by Total Assets
Key competitors of Huali Industries based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Huali 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
Lower asset utilization - Huali Industries generates 0.36x 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, Huali Industries generates $ 0.79 in net profit.
Huali 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 | 1.47 | 3.07 | 1.55 |
| Quick Ratio | 1.22 | 2.28 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥380.98 Million | CN¥ 373.45 Million | CN¥ 247.88 Million |
Huali Industries - Advanced Valuation Insights
This section examines the relationship between Huali 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 | 3.35 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 42.7% |
| Total Assets | CN¥2.91 Billion |
| Market Capitalization | $288.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Huali Industries's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Huali Industries's assets grew by 42.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Huali Industries (2011–2024)
The table below shows the annual total assets of Huali Industries from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.91 Billion | +42.73% |
| 2023-12-31 | CN¥2.04 Billion | +0.16% |
| 2022-12-31 | CN¥2.03 Billion | -0.05% |
| 2021-12-31 | CN¥2.03 Billion | +26.78% |
| 2020-12-31 | CN¥1.60 Billion | +12.26% |
| 2019-12-31 | CN¥1.43 Billion | +13.06% |
| 2018-12-31 | CN¥1.26 Billion | +10.42% |
| 2017-12-31 | CN¥1.15 Billion | +48.97% |
| 2016-12-31 | CN¥768.66 Million | +16.69% |
| 2015-12-31 | CN¥658.70 Million | +15.13% |
| 2014-12-31 | CN¥572.16 Million | +26.85% |
| 2013-12-31 | CN¥451.05 Million | +12.87% |
| 2012-12-31 | CN¥399.61 Million | +30.14% |
| 2011-12-31 | CN¥307.06 Million | -- |