Guangdong Songfa Ceramics Co (603268) - Total Assets
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. Check total reinvestment intensity of Guangdong Songfa Ceramics Co to assess the company's total reinvestment commitment from operating cash flow.
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. Explore Guangdong Songfa Ceramics Co long-term investment intensity to see how much of total assets are deployed in long-term investments.
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.
| 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. For live market cap, price, and company overview, see 603268 company net worth.
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¥1.23 Billion |
|
SEB SA
PA:SK
|
France | €9.51 Billion |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
China | CN¥4.18 Billion |
|
Opple Lighting Co Ltd
SHG:603515
|
China | CN¥9.27 Billion |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
China | CN¥2.90 Billion |
|
Suofeiya Home Collection Co Ltd
SHE:002572
|
China | CN¥13.22 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
China | CN¥16.05 Billion |
|
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
|
China | CN¥3.54 Billion |
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 | 13.53 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | 8538.3% |
| Total Assets | CN¥49.39 Billion |
| Market Capitalization | $21.42 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Songfa Ceramics Co's assets below their book value (0.43x), 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
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