New East New Materials Co Ltd
New East New Materials Co., Ltd engaged in the production and sales of gravure inks in China and internationally. The company offers polyurethane adhesives, and electronic and packaging ink. It also offers artificial intelligent rental services, such as GPU Bare Metal, cloud computing service; GPU Cloud Host, an elastic computing service; and GPU Cloud Container for quick task initiation. New Eas… Read more
New East New Materials Co Ltd (603110) - Total Assets
Latest total assets as of September 2025: CN¥797.57 Million CNY
Based on the latest financial reports, New East New Materials Co Ltd (603110) holds total assets worth CN¥797.57 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.
New East New Materials Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how New East New Materials Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New East New Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
New East New Materials Co Ltd's total assets of CN¥797.57 Million consist of 64.3% current assets and 35.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.9% |
| Accounts Receivable | CN¥247.47 Million | 28.3% |
| Inventory | CN¥62.46 Million | 7.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥42.57 Million | 4.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how New East New Materials 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: New East New Materials Co Ltd's current assets represent 64.3% of total assets in 2024, an increase from 53.6% in 2012.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, up from 4.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 7.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 28.3% of total assets.
New East New Materials Co Ltd Competitors by Total Assets
Key competitors of New East New Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
New East New Materials 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 - New East New Materials Co Ltd generates 0.50x 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, New East New Materials Co Ltd generates $ 1.60 in net profit.
New East New Materials 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 | 5.06 | 4.07 | 3.71 |
| Quick Ratio | 4.50 | 3.58 | 3.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥404.72 Million | CN¥ 411.35 Million | CN¥ 412.64 Million |
New East New Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between New East New Materials 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 | 4.92 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | CN¥874.01 Million |
| Market Capitalization | $369.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values New East New Materials Co Ltd's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: New East New Materials Co Ltd's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for New East New Materials Co Ltd (2012–2024)
The table below shows the annual total assets of New East New Materials Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥874.01 Million | +1.90% |
| 2023-12-31 | CN¥857.75 Million | +3.54% |
| 2022-12-31 | CN¥828.46 Million | -1.05% |
| 2021-12-31 | CN¥837.27 Million | +6.93% |
| 2020-12-31 | CN¥782.98 Million | +2.77% |
| 2019-12-31 | CN¥761.88 Million | +3.38% |
| 2018-12-31 | CN¥736.96 Million | +0.44% |
| 2017-12-31 | CN¥733.76 Million | +55.13% |
| 2016-12-31 | CN¥472.99 Million | +9.19% |
| 2015-12-31 | CN¥433.17 Million | -2.04% |
| 2014-12-31 | CN¥442.17 Million | -4.65% |
| 2013-12-31 | CN¥463.72 Million | +39.35% |
| 2012-12-31 | CN¥332.78 Million | -- |