Shanghai Rongtai Health Tech (603579) - Total Assets
Based on the latest financial reports, Shanghai Rongtai Health Tech (603579) holds total assets worth CN¥3.35 Billion CNY (≈ $489.91 Million 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. See shareholders equity of Shanghai Rongtai Health Tech for net asset value and shareholders' equity analysis.
Shanghai Rongtai Health Tech - Total Assets Trend (2011–2024)
This chart illustrates how Shanghai Rongtai Health Tech's total assets have evolved over time, based on quarterly financial data.
Shanghai Rongtai Health Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai Rongtai Health Tech's total assets of CN¥3.35 Billion consist of 58.2% current assets and 41.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.3% |
| Accounts Receivable | CN¥230.68 Million | 6.2% |
| Inventory | CN¥151.81 Million | 4.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥99.95 Million | 2.7% |
| Goodwill | CN¥524.49K | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Shanghai Rongtai Health Tech'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 603579 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Rongtai Health Tech's current assets represent 58.2% of total assets in 2024, a decrease from 76.6% in 2011.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2024, down from 27.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 6.2% of total assets.
Shanghai Rongtai Health Tech Competitors by Total Assets
Key competitors of Shanghai Rongtai Health Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ANTA Sports Products Limited
F:AS7
|
Germany | €118.23 Billion |
|
Fila Holdings Corp
KO:081660
|
Korea | ₩5.33 Trillion |
|
Phenix Optical Co Ltd
SHG:600071
|
China | CN¥1.63 Billion |
|
Impulse Qingdao Health Tech Co Ltd
SHE:002899
|
China | CN¥2.83 Billion |
|
Piscines Desjoyaux SA
PA:ALPDX
|
France | €174.48 Million |
|
Abeo SAS
PA:ABEO
|
France | €341.18 Million |
|
Wonderla Holidays Limited
NSE:WONDERLA
|
India | Rs18.97 Billion |
|
T4F Entretenimento S.A
SA:SHOW3
|
Brazil | R$396.26 Million |
Shanghai Rongtai Health Tech - 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 | 3.68 | 2.71 | 2.58 |
| Quick Ratio | 3.40 | 2.52 | 2.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.42 Billion | CN¥1.23 Billion | CN¥1.11 Billion |
Shanghai Rongtai Health Tech - Advanced Valuation Insights
This section examines the relationship between Shanghai Rongtai Health Tech'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 | 1.77 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | CN¥3.74 Billion |
| Market Capitalization | $660.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Rongtai Health Tech's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai Rongtai Health Tech's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai Rongtai Health Tech (2011–2024)
The table below shows the annual total assets of Shanghai Rongtai Health Tech from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.74 Billion ≈ $547.58 Million |
+10.55% |
| 2023-12-31 | CN¥3.38 Billion ≈ $495.32 Million |
-1.14% |
| 2022-12-31 | CN¥3.42 Billion ≈ $501.01 Million |
+4.45% |
| 2021-12-31 | CN¥3.28 Billion ≈ $479.66 Million |
+11.11% |
| 2020-12-31 | CN¥2.95 Billion ≈ $431.72 Million |
+19.86% |
| 2019-12-31 | CN¥2.46 Billion ≈ $360.18 Million |
+13.59% |
| 2018-12-31 | CN¥2.17 Billion ≈ $317.07 Million |
-0.93% |
| 2017-12-31 | CN¥2.19 Billion ≈ $320.05 Million |
+102.48% |
| 2016-12-31 | CN¥1.08 Billion ≈ $158.06 Million |
+60.79% |
| 2015-12-31 | CN¥671.79 Million ≈ $98.30 Million |
+51.98% |
| 2014-12-31 | CN¥442.04 Million ≈ $64.68 Million |
+45.71% |
| 2013-12-31 | CN¥303.36 Million ≈ $44.39 Million |
+27.72% |
| 2012-12-31 | CN¥237.53 Million ≈ $34.76 Million |
+7.00% |
| 2011-12-31 | CN¥221.99 Million ≈ $32.48 Million |
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About Shanghai Rongtai Health Tech
Shanghai Rongtai Health Technology Corporation Limited, together with its subsidiaries, engages in the research, design, development, production, and sale of massage equipment under the Rongtai and Momoda brands in China and internationally. The company offers massage chairs and accessories, neck massagers, eye massagers, massage backrests, massage belts, foot massagers, massage pads, and handhel… Read more