Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) - Total Assets
Based on the latest financial reports, Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) holds total assets worth CN¥5.72 Billion CNY (≈ $836.67 Million USD) as of June 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.
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. Also see Hangzhou Fortune Gas Cryogenic Group Co. stock valuation for the company's overall valuation and market capitalisation.
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's total assets of CN¥5.72 Billion consist of 87.8% current assets and 12.2% non-current assets. Review how much debt does Hangzhou Fortune Gas Cryogenic Group Co. carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 28.7% |
| Accounts Receivable | CN¥722.71 Million | 13.6% |
| Inventory | CN¥1.03 Billion | 19.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥93.95 Million | 1.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A'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 current stock price of Hangzhou Fortune Gas Cryogenic Group Co. for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's current assets represent 87.8% of total assets in 2024, an increase from 84.8% in 2021.
- Cash Position: Cash and equivalents constituted 28.7% of total assets in 2024, up from 11.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 19.4% of total assets.
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Competitors by Total Assets
Key competitors of Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SCHNEIDER ELECTR.ADR/1/5
F:SNDB
|
Germany | €62.50 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr182.23 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
|
Zhejiang Sanhua Co Ltd
SHE:002050
|
China | CN¥49.36 Billion |
|
Wuxi Lead Auto Equipment Co Ltd
SHE:300450
|
China | CN¥49.83 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
China | CN¥10.76 Billion |
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A - 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 | 1.30 | 1.32 | 1.32 |
| Quick Ratio | 0.99 | 1.02 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.16 Billion | CN¥1.01 Billion | CN¥1.01 Billion |
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A'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 | 3.80 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 20.5% |
| Total Assets | CN¥5.30 Billion |
| Market Capitalization | $667.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's assets grew by 20.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.30 Billion ≈ $775.38 Million |
+20.51% |
| 2023-12-31 | CN¥4.40 Billion ≈ $643.44 Million |
+51.19% |
| 2022-12-31 | CN¥2.91 Billion ≈ $425.57 Million |
+43.36% |
| 2021-12-31 | CN¥2.03 Billion ≈ $296.85 Million |
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About Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A
Hangzhou Fortune Gas Cryogenic Group Co., Ltd. engages in the research, design, and complete service of various industrial gas cryogenic technologies, natural gas treatment and liquefaction technologies, and technologies related to syngas and hydrogen. It offers turnkey; spare parts, remote support, and personnel dispatch; and installation supervision, commissioning, and operation grantee service… Read more