Foshan Haitian Flavouring and Food Co Ltd
Foshan Haitian Flavouring and Food Company Ltd. engages in the production and sale of condiments, food and agricultural products, and beverages in China. The company offers paste, soy sauce, oyster sauce, vinegar, cooking wine, granulated chicken bouillon, fermented bean curd, seasoning extract, chicken powder seasoning, sesame oil, monosodium glutamate, pickle, and grain products, as well as dri… Read more
Foshan Haitian Flavouring and Food Co Ltd (603288) - Total Assets
Latest total assets as of September 2025: CN¥47.35 Billion CNY
Based on the latest financial reports, Foshan Haitian Flavouring and Food Co Ltd (603288) holds total assets worth CN¥47.35 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.
Foshan Haitian Flavouring and Food Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Foshan Haitian Flavouring and Food Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Foshan Haitian Flavouring and Food Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Foshan Haitian Flavouring and Food Co Ltd's total assets of CN¥47.35 Billion consist of 80.4% current assets and 19.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 54.1% |
| Accounts Receivable | CN¥261.18 Million | 0.6% |
| Inventory | CN¥2.53 Billion | 6.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥874.56 Million | 2.1% |
| Goodwill | CN¥112.94 Million | 0.3% |
Asset Composition Trend (2009–2024)
This chart illustrates how Foshan Haitian Flavouring and Food Co Ltd'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: Foshan Haitian Flavouring and Food Co Ltd's current assets represent 80.4% of total assets in 2024, an increase from 70.3% in 2009.
- Cash Position: Cash and equivalents constituted 54.1% of total assets in 2024, up from 33.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 6.2% of total assets.
Foshan Haitian Flavouring and Food Co Ltd Competitors by Total Assets
Key competitors of Foshan Haitian Flavouring and Food Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Foshan Haitian Flavouring and Food Co Ltd - 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 - Foshan Haitian Flavouring and Food Co Ltd generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Foshan Haitian Flavouring and Food Co Ltd generates $ 15.53 in net profit.
Foshan Haitian Flavouring and Food Co Ltd - 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 | 4.78 | 4.92 | 2.67 |
| Quick Ratio | 4.53 | 4.58 | 2.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥25.83 Billion | CN¥ 22.43 Billion | CN¥ 15.12 Billion |
Foshan Haitian Flavouring and Food Co Ltd - Advanced Valuation Insights
This section examines the relationship between Foshan Haitian Flavouring and Food Co Ltd'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 | 5.27 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | CN¥40.86 Billion |
| Market Capitalization | $8.22 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Foshan Haitian Flavouring and Food Co Ltd's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Foshan Haitian Flavouring and Food Co Ltd's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Foshan Haitian Flavouring and Food Co Ltd (2009–2024)
The table below shows the annual total assets of Foshan Haitian Flavouring and Food Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥40.86 Billion | +6.34% |
| 2023-12-31 | CN¥38.42 Billion | +12.81% |
| 2022-12-31 | CN¥34.06 Billion | +2.16% |
| 2021-12-31 | CN¥33.34 Billion | +12.88% |
| 2020-12-31 | CN¥29.53 Billion | +19.31% |
| 2019-12-31 | CN¥24.75 Billion | +22.89% |
| 2018-12-31 | CN¥20.14 Billion | +23.31% |
| 2017-12-31 | CN¥16.34 Billion | +21.33% |
| 2016-12-31 | CN¥13.46 Billion | +17.10% |
| 2015-12-31 | CN¥11.50 Billion | +4.52% |
| 2014-12-31 | CN¥11.00 Billion | +63.65% |
| 2013-12-31 | CN¥6.72 Billion | +10.01% |
| 2012-12-31 | CN¥6.11 Billion | +31.36% |
| 2011-12-31 | CN¥4.65 Billion | +17.87% |
| 2010-12-31 | CN¥3.95 Billion | -1.49% |
| 2009-12-31 | CN¥4.01 Billion | -- |