Zhejiang Sanmei Chemical Industry Co Ltd (603379) - Total Assets
Based on the latest financial reports, Zhejiang Sanmei Chemical Industry Co Ltd (603379) holds total assets worth CN¥9.36 Billion CNY (≈ $1.37 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 Zhejiang Sanmei Chemical Industry Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Check Zhejiang Sanmei Chemical Industry Co Ltd (603379) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see Zhejiang Sanmei Chemical Industry Co Ltd market cap and net worth.
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.
| Company | Country | Total Assets |
|---|---|---|
|
Epoxy Base Electronic Material Corp Ltd
SHG:603002
|
China | CN¥6.04 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
China | CN¥13.62 Billion |
|
Darbond Technology Co. Ltd. A
SHG:688035
|
China | CN¥3.42 Billion |
|
Ecopro Co. Ltd
KQ:086520
|
Korea | ₩9.78 Trillion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.73 Billion |
|
Shandong Fengyuan Chemical Co Ltd
SHE:002805
|
China | CN¥5.94 Billion |
|
Xinyaqiang Silicon Chemistry Co Ltd
SHG:603155
|
China | CN¥2.39 Billion |
|
Lecron Energy Saving Materials
SHE:300343
|
China | CN¥2.64 Billion |
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 | 0.87 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | CN¥7.14 Billion |
| Market Capitalization | $6.21 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Zhejiang Sanmei Chemical Industry Co Ltd's assets close to their book value (0.87x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $1.04 Billion |
+6.11% |
| 2023-12-31 | CN¥6.73 Billion ≈ $984.66 Million |
+4.65% |
| 2022-12-31 | CN¥6.43 Billion ≈ $940.88 Million |
+6.26% |
| 2021-12-31 | CN¥6.05 Billion ≈ $885.47 Million |
+12.78% |
| 2020-12-31 | CN¥5.37 Billion ≈ $785.15 Million |
+0.14% |
| 2019-12-31 | CN¥5.36 Billion ≈ $784.03 Million |
+51.84% |
| 2018-12-31 | CN¥3.53 Billion ≈ $516.36 Million |
+29.71% |
| 2017-12-31 | CN¥2.72 Billion ≈ $398.08 Million |
+30.81% |
| 2016-12-31 | CN¥2.08 Billion ≈ $304.32 Million |
-28.62% |
| 2015-12-31 | CN¥2.91 Billion ≈ $426.37 Million |
-4.60% |
| 2014-12-31 | CN¥3.05 Billion ≈ $446.91 Million |
+13.05% |
| 2013-12-31 | CN¥2.70 Billion ≈ $395.30 Million |
-- |
About Zhejiang Sanmei Chemical Industry Co Ltd
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