Foshan Haitian Flavouring and Food Co Ltd (603288) - Total Assets
Based on the latest financial reports, Foshan Haitian Flavouring and Food Co Ltd (603288) holds total assets worth CN¥47.35 Billion CNY (≈ $6.93 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. See Foshan Haitian Flavouring and Food Co Lt book value and equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 603288 market cap.
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 |
|---|---|---|
|
Orkla ASA
OL:ORK
|
Norway | Nkr88.70 Billion |
|
The a2 Milk Company Ltd
AU:A2M
|
Australia | AU$1.85 Billion |
|
M. Dias Branco S.A. Indústria e Comércio de Alimentos
SA:MDIA3
|
Brazil | R$13.07 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
China | CN¥5.36 Billion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
China | CN¥8.38 Billion |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
China | CN¥4.13 Billion |
|
Grupo Herdez S.A.B. de C.V
MX:HERDEZ
|
Mexico | MX$35.95 Billion |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
China | CN¥4.72 Billion |
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 | 0.77 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | CN¥40.86 Billion |
| Market Capitalization | $31.44 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Foshan Haitian Flavouring and Food Co Ltd's assets below their book value (0.77x), 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 ≈ $5.98 Billion |
+6.34% |
| 2023-12-31 | CN¥38.42 Billion ≈ $5.62 Billion |
+12.81% |
| 2022-12-31 | CN¥34.06 Billion ≈ $4.98 Billion |
+2.16% |
| 2021-12-31 | CN¥33.34 Billion ≈ $4.88 Billion |
+12.88% |
| 2020-12-31 | CN¥29.53 Billion ≈ $4.32 Billion |
+19.31% |
| 2019-12-31 | CN¥24.75 Billion ≈ $3.62 Billion |
+22.89% |
| 2018-12-31 | CN¥20.14 Billion ≈ $2.95 Billion |
+23.31% |
| 2017-12-31 | CN¥16.34 Billion ≈ $2.39 Billion |
+21.33% |
| 2016-12-31 | CN¥13.46 Billion ≈ $1.97 Billion |
+17.10% |
| 2015-12-31 | CN¥11.50 Billion ≈ $1.68 Billion |
+4.52% |
| 2014-12-31 | CN¥11.00 Billion ≈ $1.61 Billion |
+63.65% |
| 2013-12-31 | CN¥6.72 Billion ≈ $983.66 Million |
+10.01% |
| 2012-12-31 | CN¥6.11 Billion ≈ $894.12 Million |
+31.36% |
| 2011-12-31 | CN¥4.65 Billion ≈ $680.68 Million |
+17.87% |
| 2010-12-31 | CN¥3.95 Billion ≈ $577.49 Million |
-1.49% |
| 2009-12-31 | CN¥4.01 Billion ≈ $586.19 Million |
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About 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