Jiangxi Jiangnan New Material
Jiangxi Jiangnan New Material Technology Co., Ltd. engages in the research, development, production, and sale of copper-based new materials worldwide. It offers copper ball series, copper oxide powder series, Anode Phosphor Bronze Series, and high-precision copper-based heat sink series. The company serves communications, computers, consumer electronics, automotive electronics, industrial control… Read more
Jiangxi Jiangnan New Material (603124) - Total Assets
Latest total assets as of September 2025: CN¥4.53 Billion CNY
Based on the latest financial reports, Jiangxi Jiangnan New Material (603124) holds total assets worth CN¥4.53 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.
Jiangxi Jiangnan New Material - Total Assets Trend (2019–2024)
This chart illustrates how Jiangxi Jiangnan New Material’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangxi Jiangnan New Material - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangxi Jiangnan New Material's total assets of CN¥4.53 Billion consist of 90.0% current assets and 10.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.3% |
| Accounts Receivable | CN¥1.65 Billion | 49.4% |
| Inventory | CN¥549.79 Million | 16.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥31.73 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Jiangxi Jiangnan New Material'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: Jiangxi Jiangnan New Material's current assets represent 90.0% of total assets in 2024, an increase from 87.5% in 2019.
- Cash Position: Cash and equivalents constituted 21.3% of total assets in 2024, up from 13.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 49.4% of total assets.
Jiangxi Jiangnan New Material Competitors by Total Assets
Key competitors of Jiangxi Jiangnan New Material based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Jiangxi Jiangnan New Material - 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 - Jiangxi Jiangnan New Material generates 2.60x 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, Jiangxi Jiangnan New Material generates $5.27 in net profit.
Jiangxi Jiangnan New Material - 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 | 1.66 | 1.61 | 2.07 |
| Quick Ratio | 1.42 | 1.32 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.65 Billion | CN¥ 1.05 Billion | CN¥ 828.06 Million |
Jiangxi Jiangnan New Material - Advanced Valuation Insights
This section examines the relationship between Jiangxi Jiangnan New Material'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 | 8.68 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 42.6% |
| Total Assets | CN¥3.34 Billion |
| Market Capitalization | $912.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangxi Jiangnan New Material's assets below their book value (0.27 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiangxi Jiangnan New Material's assets grew by 42.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangxi Jiangnan New Material (2019–2024)
The table below shows the annual total assets of Jiangxi Jiangnan New Material from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.34 Billion | +42.59% |
| 2023-12-31 | CN¥2.34 Billion | +28.22% |
| 2022-12-31 | CN¥1.83 Billion | +2.60% |
| 2021-12-31 | CN¥1.78 Billion | +33.74% |
| 2020-12-31 | CN¥1.33 Billion | +48.28% |
| 2019-12-31 | CN¥898.69 Million | -- |