Guangdong Songfa Ceramics Co
Guangdong Songfa Ceramics Co.,Ltd. produces and sells ceramic products in China and internationally. The company offers tableware in various styles, including garden flowers, ocean's songs, starry sky, and minimalism; kitchenware in various types, such as modern bakeware, vichy check pattern, dopamine colors, and slate series. It also provides coffee and tea ware in checkboard, french romance, bu… Read more
Guangdong Songfa Ceramics Co (603268) - Total Assets
Latest total assets as of September 2025: CN¥43.42 Billion CNY
Based on the latest financial reports, Guangdong Songfa Ceramics Co (603268) holds total assets worth CN¥43.42 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.
Guangdong Songfa Ceramics Co - Total Assets Trend (2011–2024)
This chart illustrates how Guangdong Songfa Ceramics Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Guangdong Songfa Ceramics Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Songfa Ceramics Co's total assets of CN¥43.42 Billion consist of 55.3% current assets and 44.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.8% |
| Accounts Receivable | CN¥130.61 Million | 22.8% |
| Inventory | CN¥163.04 Million | 28.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥35.69 Million | 6.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Guangdong Songfa Ceramics Co'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: Guangdong Songfa Ceramics Co's current assets represent 55.3% of total assets in 2024, a decrease from 55.4% in 2011.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 17.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 28.5% of total assets.
Guangdong Songfa Ceramics Co Competitors by Total Assets
Key competitors of Guangdong Songfa Ceramics Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Guangdong Songfa Ceramics Co - 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 - Guangdong Songfa Ceramics Co generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Guangdong Songfa Ceramics Co is currently not profitable relative to its asset base.
Guangdong Songfa Ceramics Co - 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 | 0.98 | 0.57 | 1.33 |
| Quick Ratio | 0.78 | 0.26 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-405.17 Million | CN¥ -215.35 Million | CN¥ 120.25 Million |
Guangdong Songfa Ceramics Co - Advanced Valuation Insights
This section examines the relationship between Guangdong Songfa Ceramics Co'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 | 10.01 |
| Latest Market Cap to Assets Ratio | 19.26 |
| Asset Growth Rate (YoY) | 1.1% |
| Total Assets | CN¥571.78 Million |
| Market Capitalization | $11.01 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Guangdong Songfa Ceramics Co's assets at a significant premium ( 19.26x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Guangdong Songfa Ceramics Co's assets grew by 1.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Guangdong Songfa Ceramics Co (2011–2024)
The table below shows the annual total assets of Guangdong Songfa Ceramics Co from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥571.78 Million | +1.11% |
| 2023-12-31 | CN¥565.48 Million | -13.11% |
| 2022-12-31 | CN¥650.78 Million | -21.95% |
| 2021-12-31 | CN¥833.80 Million | -25.83% |
| 2020-12-31 | CN¥1.12 Billion | -7.92% |
| 2019-12-31 | CN¥1.22 Billion | -2.99% |
| 2018-12-31 | CN¥1.26 Billion | +2.78% |
| 2017-12-31 | CN¥1.22 Billion | +40.68% |
| 2016-12-31 | CN¥870.46 Million | +35.63% |
| 2015-12-31 | CN¥641.79 Million | +69.93% |
| 2014-12-31 | CN¥377.67 Million | -2.09% |
| 2013-12-31 | CN¥385.73 Million | +19.87% |
| 2012-12-31 | CN¥321.79 Million | +30.48% |
| 2011-12-31 | CN¥246.61 Million | -- |