Three Stars NM (603578) - Total Assets
Based on the latest financial reports, Three Stars NM (603578) holds total assets worth CN¥5.08 Billion CNY (≈ $743.61 Million USD) as of March 2026. 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. Explore 603578 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Three Stars NM - Total Assets Trend (2012–2025)
This chart illustrates how Three Stars NM's total assets have evolved over time, based on quarterly financial data. See 603578 book value for net asset value and shareholders' equity analysis.
Three Stars NM - Asset Composition Analysis
Current Asset Composition (December 2025)
Three Stars NM's total assets of CN¥5.08 Billion consist of 37.1% current assets and 62.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.8% |
| Accounts Receivable | CN¥582.66 Million | 13.1% |
| Inventory | CN¥270.59 Million | 6.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥735.93 Million | 16.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2025)
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. For live market cap, price, and company overview, see 603578 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Three Stars NM's current assets represent 37.1% of total assets in 2025, a decrease from 58.0% in 2012.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2025, 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 16.5% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
China | CN¥10.81 Billion |
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 | 1.08 | 1.05 | 3.23 |
| Quick Ratio | 0.96 | 0.85 | 3.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥166.86 Million | CN¥76.97 Million | CN¥636.19 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 | 1.90 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | CN¥4.46 Billion |
| Market Capitalization | $388.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Three Stars NM's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Three Stars NM's assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Three Stars NM (2012–2025)
The table below shows the annual total assets of Three Stars NM from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.46 Billion ≈ $652.22 Million |
+0.21% |
| 2024-12-31 | CN¥4.45 Billion ≈ $650.87 Million |
+65.58% |
| 2023-12-31 | CN¥2.69 Billion ≈ $393.09 Million |
+122.28% |
| 2022-12-31 | CN¥1.21 Billion ≈ $176.85 Million |
-4.06% |
| 2021-12-31 | CN¥1.26 Billion ≈ $184.32 Million |
+17.35% |
| 2020-12-31 | CN¥1.07 Billion ≈ $157.07 Million |
+15.23% |
| 2019-12-31 | CN¥931.54 Million ≈ $136.31 Million |
+46.64% |
| 2018-12-31 | CN¥635.27 Million ≈ $92.96 Million |
+5.52% |
| 2017-12-31 | CN¥602.04 Million ≈ $88.10 Million |
+101.33% |
| 2016-12-31 | CN¥299.03 Million ≈ $43.76 Million |
+3.68% |
| 2015-12-31 | CN¥288.42 Million ≈ $42.20 Million |
+5.15% |
| 2014-12-31 | CN¥274.29 Million ≈ $40.14 Million |
-0.52% |
| 2013-12-31 | CN¥275.73 Million ≈ $40.35 Million |
+22.12% |
| 2012-12-31 | CN¥225.79 Million ≈ $33.04 Million |
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About 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