Hongsheng Heat Exchanger Mnfg
Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. engages in the research and development, design, production, and sales of heat exchangers and related products in China and internationally. The company offers aluminum plate-fin heat exchangers and thermal management systems. It also provides power lithium battery pack for energy storage, power energy storage, and household energy storage mar… Read more
Hongsheng Heat Exchanger Mnfg (603090) - Total Assets
Latest total assets as of September 2025: CN¥910.60 Million CNY
Based on the latest financial reports, Hongsheng Heat Exchanger Mnfg (603090) holds total assets worth CN¥910.60 Million 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.
Hongsheng Heat Exchanger Mnfg - Total Assets Trend (2011–2024)
This chart illustrates how Hongsheng Heat Exchanger Mnfg’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hongsheng Heat Exchanger Mnfg - Asset Composition Analysis
Current Asset Composition (December 2024)
Hongsheng Heat Exchanger Mnfg's total assets of CN¥910.60 Million consist of 65.7% current assets and 34.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.7% |
| Accounts Receivable | CN¥269.59 Million | 30.7% |
| Inventory | CN¥120.57 Million | 13.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥35.11 Million | 4.0% |
| Goodwill | CN¥56.02 Million | 6.4% |
Asset Composition Trend (2011–2024)
This chart illustrates how Hongsheng Heat Exchanger Mnfg'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: Hongsheng Heat Exchanger Mnfg's current assets represent 65.7% of total assets in 2024, a decrease from 77.4% in 2011.
- Cash Position: Cash and equivalents constituted 19.7% of total assets in 2024, down from 36.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 5.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 30.7% of total assets.
Hongsheng Heat Exchanger Mnfg Competitors by Total Assets
Key competitors of Hongsheng Heat Exchanger Mnfg based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
John Bean Technologies Corporation
NYSE:JBT
|
USA | $2.79 Billion |
|
JBTMarel Corp
NYSE:JBTM
|
USA | $8.20 Billion |
|
JE Cleantech Holdings Ltd
NASDAQ:JCSE
|
USA | $25.64 Million |
|
Jensen-Group NV
BR:JEN
|
Belgium | €483.96 Million |
|
Jungheinrich Aktiengesellschaft
PINK:JGHAF
|
USA | $7.20 Billion |
|
Jacksam Corporation
PINK:JKSM
|
USA | $36.34K |
|
JNK India Ltd
NSE:JNKINDIA
|
India | ₹7.72 Billion |
|
JUKCF
PINK:JUKCF
|
USA | $127.40 Billion |
Hongsheng Heat Exchanger Mnfg - 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 - Hongsheng Heat Exchanger Mnfg generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Hongsheng Heat Exchanger Mnfg generates $5.61 in net profit.
Hongsheng Heat Exchanger Mnfg - 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 | 2.30 | 2.41 | 2.06 |
| Quick Ratio | 1.75 | 1.82 | 1.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥339.27 Million | CN¥ 324.46 Million | CN¥ 194.48 Million |
Hongsheng Heat Exchanger Mnfg - Advanced Valuation Insights
This section examines the relationship between Hongsheng Heat Exchanger Mnfg'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 | 11.39 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | CN¥879.51 Million |
| Market Capitalization | $456.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hongsheng Heat Exchanger Mnfg's assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hongsheng Heat Exchanger Mnfg's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hongsheng Heat Exchanger Mnfg (2011–2024)
The table below shows the annual total assets of Hongsheng Heat Exchanger Mnfg from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥879.51 Million | +7.32% |
| 2023-12-31 | CN¥819.51 Million | -4.85% |
| 2022-12-31 | CN¥861.26 Million | +12.05% |
| 2021-12-31 | CN¥768.67 Million | +10.11% |
| 2020-12-31 | CN¥698.10 Million | -6.99% |
| 2019-12-31 | CN¥750.60 Million | +13.07% |
| 2018-12-31 | CN¥663.83 Million | +10.51% |
| 2017-12-31 | CN¥600.70 Million | +15.97% |
| 2016-12-31 | CN¥517.97 Million | +74.57% |
| 2015-12-31 | CN¥296.71 Million | -0.21% |
| 2014-12-31 | CN¥297.33 Million | +20.01% |
| 2013-12-31 | CN¥247.75 Million | +12.15% |
| 2012-12-31 | CN¥220.91 Million | +9.15% |
| 2011-12-31 | CN¥202.39 Million | -- |