Hengtong Logistic Co Ltd (603223) - Total Assets
Based on the latest financial reports, Hengtong Logistic Co Ltd (603223) holds total assets worth CN¥5.40 Billion CNY (≈ $789.77 Million USD) 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. See net assets of Hengtong Logistic Co Ltd for net asset value and shareholders' equity analysis.
Hengtong Logistic Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Hengtong Logistic Co Ltd's total assets have evolved over time, based on quarterly financial data.
Hengtong Logistic Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hengtong Logistic Co Ltd's total assets of CN¥5.40 Billion consist of 39.8% current assets and 60.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.6% |
| Accounts Receivable | CN¥211.82 Million | 3.8% |
| Inventory | CN¥27.39 Million | 0.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥387.32 Million | 7.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Hengtong Logistic 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. For live market cap, price, and company overview, see Hengtong Logistic Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hengtong Logistic Co Ltd's current assets represent 39.8% of total assets in 2024, a decrease from 42.6% in 2009.
- Cash Position: Cash and equivalents constituted 32.6% of total assets in 2024, up from 6.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 6.0% in 2009.
- Asset Diversification: The largest asset category is intangible assets at 7.0% of total assets.
Hengtong Logistic Co Ltd Competitors by Total Assets
Key competitors of Hengtong Logistic Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
USA | $101.68 Million |
|
Guna Timur Raya PT
JK:TRUK
|
Indonesia | Rp56.74 Billion |
|
Lindsay Australia Ltd
AU:LAU
|
Australia | AU$751.88 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
Brazil | R$1.37 Billion |
|
TFI International Inc
TO:TFII
|
Canada | CA$7.11 Billion |
|
Mullen Group Ltd.
TO:MTL
|
Canada | CA$2.57 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
China | CN¥16.14 Billion |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
China | CN¥15.27 Billion |
Hengtong Logistic 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 | 3.05 | 2.26 | 1.66 |
| Quick Ratio | 1.95 | 2.18 | 1.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.39 Billion | CN¥1.35 Billion | CN¥344.55 Million |
Hengtong Logistic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hengtong Logistic 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 8.7% |
| Total Assets | CN¥5.51 Billion |
| Market Capitalization | $943.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hengtong Logistic Co Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hengtong Logistic Co Ltd's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hengtong Logistic Co Ltd (2009–2024)
The table below shows the annual total assets of Hengtong Logistic Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.51 Billion ≈ $806.67 Million |
+8.65% |
| 2023-12-31 | CN¥5.07 Billion ≈ $742.43 Million |
+11.38% |
| 2022-12-31 | CN¥4.56 Billion ≈ $666.56 Million |
+161.86% |
| 2021-12-31 | CN¥1.74 Billion ≈ $254.55 Million |
-1.75% |
| 2020-12-31 | CN¥1.77 Billion ≈ $259.08 Million |
+10.01% |
| 2019-12-31 | CN¥1.61 Billion ≈ $235.51 Million |
-3.74% |
| 2018-12-31 | CN¥1.67 Billion ≈ $244.65 Million |
+32.29% |
| 2017-12-31 | CN¥1.26 Billion ≈ $184.94 Million |
+40.98% |
| 2016-12-31 | CN¥896.49 Million ≈ $131.18 Million |
+5.39% |
| 2015-12-31 | CN¥850.68 Million ≈ $124.48 Million |
+20.89% |
| 2014-12-31 | CN¥703.69 Million ≈ $102.97 Million |
+3.71% |
| 2013-12-31 | CN¥678.52 Million ≈ $99.29 Million |
+12.53% |
| 2012-12-31 | CN¥602.98 Million ≈ $88.23 Million |
+25.42% |
| 2011-12-31 | CN¥480.76 Million ≈ $70.35 Million |
+92.19% |
| 2010-12-31 | CN¥250.16 Million ≈ $36.61 Million |
+65.97% |
| 2009-12-31 | CN¥150.72 Million ≈ $22.06 Million |
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About Hengtong Logistic Co Ltd
Hengtong Logistics Co., Ltd. engages in the logistics business in China. It is involved in road freight logistics, transportation, LNG energy trade logistics, and terminal leasing activities. The company also offers general cargo transportation, transportation vehicles, transportation fleet services, and hazardous chemicals transportation. In addition, it provides oil and gas and bulk commodity t… Read more