Jiangsu Hengxing New Material
Jiangsu Hengxing New Material Technology Co.,Ltd. researches, develops, and manufactures chemicals worldwide. It offers organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides, etc. The company was founded in 2006 and is headquartered in Jiangsu, China.
Jiangsu Hengxing New Material (603276) - Total Assets
Latest total assets as of September 2025: CN¥1.90 Billion CNY
Based on the latest financial reports, Jiangsu Hengxing New Material (603276) holds total assets worth CN¥1.90 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.
Jiangsu Hengxing New Material - Total Assets Trend (2017–2024)
This chart illustrates how Jiangsu Hengxing New Material’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Hengxing New Material - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Hengxing New Material's total assets of CN¥1.90 Billion consist of 58.4% current assets and 41.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.6% |
| Accounts Receivable | CN¥134.18 Million | 7.3% |
| Inventory | CN¥167.20 Million | 9.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥73.71 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Jiangsu Hengxing New Material'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: Jiangsu Hengxing New Material's current assets represent 58.4% of total assets in 2024, a decrease from 61.6% in 2017.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, down from 19.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 2.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 9.2% of total assets.
Jiangsu Hengxing New Material Competitors by Total Assets
Key competitors of Jiangsu Hengxing New Material based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Jiangsu Hengxing New Material - 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
Lower asset utilization - Jiangsu Hengxing New Material generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Jiangsu Hengxing New Material generates $ 1.91 in net profit.
Jiangsu Hengxing New Material - 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 | 8.79 | 25.36 | 4.84 |
| Quick Ratio | 7.38 | 21.62 | 4.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥994.31 Million | CN¥ 1.06 Billion | CN¥ 331.83 Million |
Jiangsu Hengxing New Material - Advanced Valuation Insights
This section examines the relationship between Jiangsu Hengxing New Material'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 | 2.14 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | CN¥1.83 Billion |
| Market Capitalization | $161.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Hengxing New Material's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Jiangsu Hengxing New Material's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu Hengxing New Material (2017–2024)
The table below shows the annual total assets of Jiangsu Hengxing New Material from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion | -2.87% |
| 2023-12-31 | CN¥1.88 Billion | +84.07% |
| 2022-12-31 | CN¥1.02 Billion | +3.07% |
| 2021-12-31 | CN¥991.32 Million | +33.67% |
| 2020-12-31 | CN¥741.61 Million | +32.72% |
| 2019-12-31 | CN¥558.79 Million | +20.07% |
| 2018-12-31 | CN¥465.37 Million | +59.80% |
| 2017-12-31 | CN¥291.22 Million | -- |