Qingdao Huijintong Power
Qingdao Huijintong Power Equipment Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of various galvanized and painted steel structures in China and internationally. The company offers lattice steel towers, UHV towers, steel tubular towers, steel pole, communication tower, and substation structure; and fastener, including anchor bolt, washer, nut, and bolt. It also pro… Read more
Qingdao Huijintong Power (603577) - Total Assets
Latest total assets as of September 2025: CN¥6.41 Billion CNY
Based on the latest financial reports, Qingdao Huijintong Power (603577) holds total assets worth CN¥6.41 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.
Qingdao Huijintong Power - Total Assets Trend (2011–2024)
This chart illustrates how Qingdao Huijintong Power’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qingdao Huijintong Power - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Huijintong Power's total assets of CN¥6.41 Billion consist of 72.9% current assets and 27.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.1% |
| Accounts Receivable | CN¥3.06 Billion | 52.2% |
| Inventory | CN¥955.25 Million | 16.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥293.05 Million | 5.0% |
| Goodwill | CN¥112.12 Million | 1.9% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qingdao Huijintong Power'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: Qingdao Huijintong Power's current assets represent 72.9% of total assets in 2024, a decrease from 73.8% in 2011.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 11.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 4.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 52.2% of total assets.
Qingdao Huijintong Power Competitors by Total Assets
Key competitors of Qingdao Huijintong Power based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Qingdao Huijintong Power - 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
Strong asset utilization - Qingdao Huijintong Power generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Qingdao Huijintong Power generates $ 2.64 in net profit.
Qingdao Huijintong Power - 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 | 1.33 | 1.34 | 1.83 |
| Quick Ratio | 1.00 | 0.96 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.21 Billion | CN¥ 1.12 Billion | CN¥ 876.36 Million |
Qingdao Huijintong Power - Advanced Valuation Insights
This section examines the relationship between Qingdao Huijintong Power'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 | 1.89 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.8% |
| Total Assets | CN¥5.86 Billion |
| Market Capitalization | $218.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Huijintong Power's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Qingdao Huijintong Power's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Qingdao Huijintong Power (2011–2024)
The table below shows the annual total assets of Qingdao Huijintong Power from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.86 Billion | -4.83% |
| 2023-12-31 | CN¥6.16 Billion | +3.74% |
| 2022-12-31 | CN¥5.93 Billion | +20.22% |
| 2021-12-31 | CN¥4.94 Billion | +91.92% |
| 2020-12-31 | CN¥2.57 Billion | +3.38% |
| 2019-12-31 | CN¥2.49 Billion | +25.14% |
| 2018-12-31 | CN¥1.99 Billion | +24.60% |
| 2017-12-31 | CN¥1.60 Billion | +8.00% |
| 2016-12-31 | CN¥1.48 Billion | +71.32% |
| 2015-12-31 | CN¥862.40 Million | +8.62% |
| 2014-12-31 | CN¥793.97 Million | +1.49% |
| 2013-12-31 | CN¥782.32 Million | +3.83% |
| 2012-12-31 | CN¥753.45 Million | +2.18% |
| 2011-12-31 | CN¥737.38 Million | -- |