Three Stars NM
Zhejiang Three Stars New Materials Co., Ltd., together with its subsidiaries, manufactures and sells glass products in China and internationally. It offers glass door, deep-processed glass, photovoltaic glass, and plastic products. The company also imports and exports its products. Its products are used in low-temperature storage equipment, including beverage cabinets, wine cabinets, smart retail… Read more
Three Stars NM (603578) - Total Assets
Latest total assets as of September 2025: CN¥4.49 Billion CNY
Based on the latest financial reports, Three Stars NM (603578) holds total assets worth CN¥4.49 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.
Three Stars NM - Total Assets Trend (2012–2024)
This chart illustrates how Three Stars NM’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Three Stars NM - Asset Composition Analysis
Current Asset Composition (December 2024)
Three Stars NM's total assets of CN¥4.49 Billion consist of 32.0% current assets and 68.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.4% |
| Accounts Receivable | CN¥586.55 Million | 13.2% |
| Inventory | CN¥220.76 Million | 5.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥752.00 Million | 16.9% |
| Goodwill | CN¥10.22 Million | 0.2% |
Asset Composition Trend (2012–2024)
This chart illustrates how Three Stars NM'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: Three Stars NM's current assets represent 32.0% of total assets in 2024, a decrease from 58.0% in 2012.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2024, up from 5.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 3.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 16.9% of total assets.
Three Stars NM Competitors by Total Assets
Key competitors of Three Stars NM based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
USA | $165.80 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
China | CN¥2.14 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
Three Stars NM - 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
Lower asset utilization - Three Stars NM generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Three Stars NM is currently not profitable relative to its asset base.
Three Stars NM - 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 | 1.07 | 1.17 | 4.32 |
| Quick Ratio | 0.92 | 1.01 | 4.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥100.37 Million | CN¥ 192.62 Million | CN¥ 650.44 Million |
Three Stars NM - Advanced Valuation Insights
This section examines the relationship between Three Stars NM'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 | 2.86 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 65.6% |
| Total Assets | CN¥4.45 Billion |
| Market Capitalization | $146.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Three Stars NM's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Three Stars NM's assets grew by 65.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Three Stars NM (2012–2024)
The table below shows the annual total assets of Three Stars NM from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.45 Billion | +65.58% |
| 2023-12-31 | CN¥2.69 Billion | +122.28% |
| 2022-12-31 | CN¥1.21 Billion | -4.06% |
| 2021-12-31 | CN¥1.26 Billion | +17.35% |
| 2020-12-31 | CN¥1.07 Billion | +15.23% |
| 2019-12-31 | CN¥931.54 Million | +46.64% |
| 2018-12-31 | CN¥635.27 Million | +5.52% |
| 2017-12-31 | CN¥602.04 Million | +101.33% |
| 2016-12-31 | CN¥299.03 Million | +3.68% |
| 2015-12-31 | CN¥288.42 Million | +5.15% |
| 2014-12-31 | CN¥274.29 Million | -0.52% |
| 2013-12-31 | CN¥275.73 Million | +22.12% |
| 2012-12-31 | CN¥225.79 Million | -- |