Hongsheng Heat Exchanger Mnfg (603090) - Total Assets
Based on the latest financial reports, Hongsheng Heat Exchanger Mnfg (603090) holds total assets worth CN¥1.01 Billion CNY (≈ $147.62 Million USD) as of March 2026. 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 (2011–2025)
This chart illustrates how Hongsheng Heat Exchanger Mnfg's total assets have evolved over time, based on quarterly financial data. Also see Hongsheng Heat Exchanger Mnfg stock valuation for the company's overall valuation and market capitalisation.
Hongsheng Heat Exchanger Mnfg - Asset Composition Analysis
Current Asset Composition (December 2025)
Hongsheng Heat Exchanger Mnfg's total assets of CN¥1.01 Billion consist of 60.2% current assets and 39.8% non-current assets. Review Hongsheng Heat Exchanger Mnfg balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.4% |
| Accounts Receivable | CN¥240.77 Million | 25.6% |
| Inventory | CN¥152.07 Million | 16.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥32.94 Million | 3.5% |
| Goodwill | CN¥56.02 Million | 6.0% |
Asset Composition Trend (2011–2025)
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. See Hongsheng Heat Exchanger Mnfg share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hongsheng Heat Exchanger Mnfg's current assets represent 60.2% of total assets in 2025, a decrease from 77.4% in 2011.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2025, down from 36.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 5.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 25.6% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Schindler Holding AG
SW:SCHN
|
Switzerland | CHF11.89 Billion |
|
Symbotic Inc
NASDAQ:SYM
|
USA | $3.52 Billion |
|
Sulzer AG
SW:SUN
|
Switzerland | CHF4.72 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $2.26 Billion |
|
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
|
China | CN¥6.41 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr182.23 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
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 | 2.08 | 2.26 | 1.91 |
| Quick Ratio | 1.51 | 1.72 | 1.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥322.73 Million | CN¥333.78 Million | CN¥205.61 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 | 9.84 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | 7.1% |
| Total Assets | CN¥942.24 Million |
| Market Capitalization | $578.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hongsheng Heat Exchanger Mnfg's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hongsheng Heat Exchanger Mnfg's assets grew by 7.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hongsheng Heat Exchanger Mnfg (2011–2025)
The table below shows the annual total assets of Hongsheng Heat Exchanger Mnfg from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥942.24 Million ≈ $137.88 Million |
+7.13% |
| 2024-12-31 | CN¥879.51 Million ≈ $128.70 Million |
+7.32% |
| 2023-12-31 | CN¥819.51 Million ≈ $119.92 Million |
-4.85% |
| 2022-12-31 | CN¥861.26 Million ≈ $126.03 Million |
+12.05% |
| 2021-12-31 | CN¥768.67 Million ≈ $112.48 Million |
+10.11% |
| 2020-12-31 | CN¥698.10 Million ≈ $102.15 Million |
-6.99% |
| 2019-12-31 | CN¥750.60 Million ≈ $109.84 Million |
+13.07% |
| 2018-12-31 | CN¥663.83 Million ≈ $97.14 Million |
+10.51% |
| 2017-12-31 | CN¥600.70 Million ≈ $87.90 Million |
+15.97% |
| 2016-12-31 | CN¥517.97 Million ≈ $75.80 Million |
+74.57% |
| 2015-12-31 | CN¥296.71 Million ≈ $43.42 Million |
-0.21% |
| 2014-12-31 | CN¥297.33 Million ≈ $43.51 Million |
+20.01% |
| 2013-12-31 | CN¥247.75 Million ≈ $36.25 Million |
+12.15% |
| 2012-12-31 | CN¥220.91 Million ≈ $32.33 Million |
+9.15% |
| 2011-12-31 | CN¥202.39 Million ≈ $29.62 Million |
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About 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. It offers aluminum plate-fin heat exchangers and thermal management systems. The company also provides power lithium battery pack for energy storage systems for power, construction machinery, special truc… Read more