Guangdong Songfa Ceramics Co (603268) - Total Assets

Latest as of March 2026: CN¥56.98 Billion CNY ≈ $8.34 Billion USD

Based on the latest financial reports, Guangdong Songfa Ceramics Co (603268) holds total assets worth CN¥56.98 Billion CNY (≈ $8.34 Billion USD) as of March 2026. 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 (2011–2025)

This chart illustrates how Guangdong Songfa Ceramics Co's total assets have evolved over time, based on quarterly financial data. Also see Guangdong Songfa Ceramics Co stock valuation for the company's overall valuation and market capitalisation.

Guangdong Songfa Ceramics Co - Asset Composition Analysis

Current Asset Composition (December 2025)

Guangdong Songfa Ceramics Co's total assets of CN¥56.98 Billion consist of 58.3% current assets and 41.7% non-current assets. Review Guangdong Songfa Ceramics Co (603268) total liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 14.6%
Accounts Receivable CN¥12.97 Billion 26.3%
Inventory CN¥5.18 Billion 10.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥1.84 Billion 3.7%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2011–2025)

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. See 603268 stock price and chart for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Guangdong Songfa Ceramics Co's current assets represent 58.3% of total assets in 2025, an increase from 55.4% in 2011.
  • Cash Position: Cash and equivalents constituted 14.6% of total assets in 2025, down from 17.3% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 26.3% 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
Vohringer Home Technology Co Ltd
SHG:603226
China CN¥1.20 Billion
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
China CN¥3.64 Billion
Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356
China CN¥3.17 Billion
Zhejiang Walrus New Material Co Ltd
SHE:003011
China CN¥1.87 Billion
Zinus Inc
KO:013890
Korea ₩1.07 Trillion
Wonder Electricals Limited
NSE:WEL
India Rs4.15 Billion
A.S. Création Tapeten AG
F:ACWN
Germany €102.77 Million
Yonga Mobilya Sanayi ve Ticaret AS
IS:YONGA
Turkey TL74.22 Million

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 0.91 0.55 1.27
Quick Ratio 0.77 0.26 0.68
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-3.45 Billion CN¥-245.96 Million CN¥96.55 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 16.74
Latest Market Cap to Assets Ratio 0.56
Asset Growth Rate (YoY) 8538.3%
Total Assets CN¥49.39 Billion
Market Capitalization $27.70 Billion USD

Valuation Analysis

Below Book Valuation: The market values Guangdong Songfa Ceramics Co's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Guangdong Songfa Ceramics Co's assets grew by 8538.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Guangdong Songfa Ceramics Co (2011–2025)

The table below shows the annual total assets of Guangdong Songfa Ceramics Co from 2011 to 2025.

Year Total Assets Change
2025-12-31 CN¥49.39 Billion
≈ $7.23 Billion
+8538.33%
2024-12-31 CN¥571.78 Million
≈ $83.67 Million
+1.11%
2023-12-31 CN¥565.48 Million
≈ $82.75 Million
-13.11%
2022-12-31 CN¥650.78 Million
≈ $95.23 Million
-21.95%
2021-12-31 CN¥833.80 Million
≈ $122.01 Million
-25.83%
2020-12-31 CN¥1.12 Billion
≈ $164.51 Million
-7.92%
2019-12-31 CN¥1.22 Billion
≈ $178.66 Million
-2.99%
2018-12-31 CN¥1.26 Billion
≈ $184.16 Million
+2.78%
2017-12-31 CN¥1.22 Billion
≈ $179.19 Million
+40.68%
2016-12-31 CN¥870.46 Million
≈ $127.38 Million
+35.63%
2015-12-31 CN¥641.79 Million
≈ $93.91 Million
+69.93%
2014-12-31 CN¥377.67 Million
≈ $55.26 Million
-2.09%
2013-12-31 CN¥385.73 Million
≈ $56.44 Million
+19.87%
2012-12-31 CN¥321.79 Million
≈ $47.09 Million
+30.48%
2011-12-31 CN¥246.61 Million
≈ $36.09 Million
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About Guangdong Songfa Ceramics Co

SHG:603268 China Furnishings, Fixtures & Appliances
Market Cap
$27.70 Billion
CN¥189.28 Billion CNY
Market Cap Rank
#967 Global
#65 in China
Share Price
CN¥185.80
Change (1 day)
-5.03%
52-Week Range
CN¥46.10 - CN¥199.59
All Time High
CN¥199.59
About

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