Hangcha Group Co Ltd (603298) - Total Assets
Based on the latest financial reports, Hangcha Group Co Ltd (603298) holds total assets worth CN¥18.83 Billion CNY (≈ $2.75 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 603298 book value for net asset value and shareholders' equity analysis.
Hangcha Group Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Hangcha Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Hangcha Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangcha Group Co Ltd's total assets of CN¥18.83 Billion consist of 63.0% current assets and 37.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 25.1% |
| Accounts Receivable | CN¥3.15 Billion | 19.3% |
| Inventory | CN¥2.31 Billion | 14.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥402.29 Million | 2.5% |
| Goodwill | CN¥10.65 Million | 0.1% |
Asset Composition Trend (2011–2024)
This chart illustrates how Hangcha Group 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 market value of Hangcha Group Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hangcha Group Co Ltd's current assets represent 63.0% of total assets in 2024, a decrease from 68.9% in 2011.
- Cash Position: Cash and equivalents constituted 25.1% of total assets in 2024, up from 20.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 19.3% of total assets.
Hangcha Group Co Ltd Competitors by Total Assets
Key competitors of Hangcha Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhengzhou Coal Mining Machinery Group Co Ltd
SHG:601717
|
China | CN¥47.96 Billion |
|
Cargotec Oyj
HE:CGCBV
|
Finland | €2.48 Billion |
|
Exor N.V.
AS:EXO
|
Netherlands | €40.00 Billion |
|
Marcopolo S.A
SA:POMO3
|
Brazil | R$9.72 Billion |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
|
IMDEX Ltd
AU:IMD
|
Australia | AU$830.15 Million |
|
Austin Engineering Ltd
AU:ANG
|
Australia | AU$303.33 Million |
|
Palfinger AG
VI:PAL
|
Austria | €2.12 Billion |
Hangcha Group 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 | 1.81 | 2.08 | 1.78 |
| Quick Ratio | 1.36 | 1.61 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.26 Billion | CN¥5.11 Billion | CN¥2.11 Billion |
Hangcha Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hangcha Group 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 | 2.85 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 17.8% |
| Total Assets | CN¥16.36 Billion |
| Market Capitalization | $5.17 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hangcha Group Co Ltd's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hangcha Group Co Ltd's assets grew by 17.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hangcha Group Co Ltd (2011–2024)
The table below shows the annual total assets of Hangcha Group Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.36 Billion ≈ $2.39 Billion |
+17.77% |
| 2023-12-31 | CN¥13.89 Billion ≈ $2.03 Billion |
+18.82% |
| 2022-12-31 | CN¥11.69 Billion ≈ $1.71 Billion |
+12.47% |
| 2021-12-31 | CN¥10.40 Billion ≈ $1.52 Billion |
+28.26% |
| 2020-12-31 | CN¥8.11 Billion ≈ $1.19 Billion |
+29.10% |
| 2019-12-31 | CN¥6.28 Billion ≈ $918.87 Million |
+11.62% |
| 2018-12-31 | CN¥5.63 Billion ≈ $823.21 Million |
+9.10% |
| 2017-12-31 | CN¥5.16 Billion ≈ $754.56 Million |
+12.58% |
| 2016-12-31 | CN¥4.58 Billion ≈ $670.26 Million |
+45.74% |
| 2015-12-31 | CN¥3.14 Billion ≈ $459.91 Million |
+2.68% |
| 2014-12-31 | CN¥3.06 Billion ≈ $447.91 Million |
+1.27% |
| 2013-12-31 | CN¥3.02 Billion ≈ $442.29 Million |
+13.70% |
| 2012-12-31 | CN¥2.66 Billion ≈ $389.01 Million |
+12.70% |
| 2011-12-31 | CN¥2.36 Billion ≈ $345.18 Million |
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About Hangcha Group Co Ltd
Hangcha Group Co., Ltd manufactures and sells forklift products in China and internationally. The company offers lithium e-trucks, e-trucks, IC - trucks, pallet trucks, and reach trucks; and pallet stackers, order pickers, tow tractors, very narrow aisle trucks, rough terrain trucks, aerial platforms, explosion proof forklifts, and AGVs. It also provides spare parts; bulk supply of forklift forks… Read more