Shandong Daye Co Ltd Class A (603278) - Total Assets
Based on the latest financial reports, Shandong Daye Co Ltd Class A (603278) holds total assets worth CN¥8.11 Billion CNY (≈ $1.19 Billion 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. Check 603278 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Shandong Daye Co Ltd Class A - Total Assets Trend (2013–2024)
This chart illustrates how Shandong Daye Co Ltd Class A's total assets have evolved over time, based on quarterly financial data. Check Shandong Daye Co Ltd Class A (603278) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Shandong Daye Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Daye Co Ltd Class A's total assets of CN¥8.11 Billion consist of 52.0% current assets and 48.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.2% |
| Accounts Receivable | CN¥1.73 Billion | 22.4% |
| Inventory | CN¥750.47 Million | 9.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥528.85 Million | 6.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Shandong Daye Co Ltd Class A'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 603278 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Daye Co Ltd Class A's current assets represent 52.0% of total assets in 2024, a decrease from 57.2% in 2013.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, up from 7.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 4.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 22.4% of total assets.
Shandong Daye Co Ltd Class A Competitors by Total Assets
Key competitors of Shandong Daye Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MFO SA
WAR:MFO
|
Poland | zł634.41 Million |
|
Western Superconducting Tech Co Ltd
SHG:688122
|
China | CN¥14.66 Billion |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥15.96 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123
|
China | CN¥8.20 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
China | CN¥28.52 Billion |
Shandong Daye Co Ltd Class A - 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 | 0.85 | 0.98 | 1.23 |
| Quick Ratio | 0.69 | 0.80 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-670.22 Million | CN¥-95.22 Million | CN¥648.97 Million |
Shandong Daye Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between Shandong Daye Co Ltd Class A'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 | 2.12 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | CN¥7.70 Billion |
| Market Capitalization | $627.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Daye Co Ltd Class A's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Daye Co Ltd Class A's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Daye Co Ltd Class A (2013–2024)
The table below shows the annual total assets of Shandong Daye Co Ltd Class A from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.70 Billion ≈ $1.13 Billion |
+5.65% |
| 2023-12-31 | CN¥7.29 Billion ≈ $1.07 Billion |
+1.19% |
| 2022-12-31 | CN¥7.20 Billion ≈ $1.05 Billion |
+6.41% |
| 2021-12-31 | CN¥6.77 Billion ≈ $990.41 Million |
+27.77% |
| 2020-12-31 | CN¥5.30 Billion ≈ $775.18 Million |
+30.42% |
| 2019-12-31 | CN¥4.06 Billion ≈ $594.37 Million |
+26.77% |
| 2018-12-31 | CN¥3.20 Billion ≈ $468.84 Million |
+13.76% |
| 2017-12-31 | CN¥2.82 Billion ≈ $412.14 Million |
+70.12% |
| 2016-12-31 | CN¥1.66 Billion ≈ $242.26 Million |
+11.54% |
| 2015-12-31 | CN¥1.48 Billion ≈ $217.19 Million |
+3.83% |
| 2014-12-31 | CN¥1.43 Billion ≈ $209.18 Million |
+16.35% |
| 2013-12-31 | CN¥1.23 Billion ≈ $179.79 Million |
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About Shandong Daye Co Ltd Class A
Shandong Daye Co., Ltd. engages in the research, development, production, and sales of bead wires, steel cords, and hose steel, aluminum-clad steel and rope wires in China. It also provides steel nails, aluminum products, metallurgical rollers and accessories, textile machinery and accessories, auto parts, and motorcycle accessories. In addition, it provides spraying, metal surface treatment, and… Read more