Zhejiang Sanmei Chemical Industry Co Ltd

SHG:603379 China Chemicals
Market Cap
$5.71 Billion
CN¥41.87 Billion CNY
Market Cap Rank
#4828 Global
#544 in China
Share Price
CN¥68.59
Change (1 day)
-1.80%
52-Week Range
CN¥37.17 - CN¥76.72
All Time High
CN¥76.72
About

Zhejiang Sanmei Chemical Industry Co., Ltd. engages in the research and development, production, and sales of fluorine chemical products in China and internationally. The company's products portfolio comprises hydrofluoric acid, fluorinated refrigerant, ODS substitute products, foaming agents, and etching new materials. Zhejiang Sanmei Chemical Industry Co., Ltd. was founded in 2001 and is headqu… Read more

Zhejiang Sanmei Chemical Industry Co Ltd (603379) - Total Assets

Latest total assets as of September 2025: CN¥9.36 Billion CNY

Based on the latest financial reports, Zhejiang Sanmei Chemical Industry Co Ltd (603379) holds total assets worth CN¥9.36 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.

Zhejiang Sanmei Chemical Industry Co Ltd - Total Assets Trend (2013–2024)

This chart illustrates how Zhejiang Sanmei Chemical Industry Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Sanmei Chemical Industry Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Sanmei Chemical Industry Co Ltd's total assets of CN¥9.36 Billion consist of 57.5% current assets and 42.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 37.1%
Accounts Receivable CN¥608.61 Million 8.5%
Inventory CN¥561.18 Million 7.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥505.25 Million 7.1%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2013–2024)

This chart illustrates how Zhejiang Sanmei Chemical Industry 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: Zhejiang Sanmei Chemical Industry Co Ltd's current assets represent 57.5% of total assets in 2024, an increase from 56.9% in 2013.
  • Cash Position: Cash and equivalents constituted 37.1% of total assets in 2024, up from 16.6% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 2.0% in 2013.
  • Asset Diversification: The largest asset category is accounts receivable at 8.5% of total assets.

Zhejiang Sanmei Chemical Industry Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Sanmei Chemical Industry Co Ltd based on total assets are shown below.

Zhejiang Sanmei Chemical Industry 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

Historical Range: 0.50 - 1.43

Moderate asset utilization - Zhejiang Sanmei Chemical Industry Co Ltd generates 0.57x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.13% - 35.07%

Excellent ROA - For every $100 in assets, Zhejiang Sanmei Chemical Industry Co Ltd generates $ 10.90 in net profit.

Zhejiang Sanmei Chemical Industry 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 4.83 6.77 11.81
Quick Ratio 4.32 5.95 11.01
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥4.18 Billion CN¥ 3.66 Billion CN¥ 3.84 Billion

Zhejiang Sanmei Chemical Industry Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Sanmei Chemical Industry 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 5.41
Latest Market Cap to Assets Ratio 0.29
Asset Growth Rate (YoY) 6.1%
Total Assets CN¥7.14 Billion
Market Capitalization $2.10 Billion USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Sanmei Chemical Industry Co Ltd's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Sanmei Chemical Industry Co Ltd's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Sanmei Chemical Industry Co Ltd (2013–2024)

The table below shows the annual total assets of Zhejiang Sanmei Chemical Industry Co Ltd from 2013 to 2024.

Year Total Assets Change
2024-12-31 CN¥7.14 Billion +6.11%
2023-12-31 CN¥6.73 Billion +4.65%
2022-12-31 CN¥6.43 Billion +6.26%
2021-12-31 CN¥6.05 Billion +12.78%
2020-12-31 CN¥5.37 Billion +0.14%
2019-12-31 CN¥5.36 Billion +51.84%
2018-12-31 CN¥3.53 Billion +29.71%
2017-12-31 CN¥2.72 Billion +30.81%
2016-12-31 CN¥2.08 Billion -28.62%
2015-12-31 CN¥2.91 Billion -4.60%
2014-12-31 CN¥3.05 Billion +13.05%
2013-12-31 CN¥2.70 Billion --