AA Industrial Belting
AA Industrial Belting (Shanghai) Co.,Ltd researches, develops, produces, and sells light conveyor belts in China. The company offers PVC conveyor belts, oil-resistant PVC conveyor belts, PU conveyor belts, PE conveyor belts, and TPEE conveyor belts; and lightweight conveyor, easy-clean, synchronous, felt, roller tension, elevator steel, and winding aid belts, as well as auxiliary materials. Its p… Read more
AA Industrial Belting (603580) - Total Assets
Latest total assets as of September 2025: CN¥778.46 Million CNY
Based on the latest financial reports, AA Industrial Belting (603580) holds total assets worth CN¥778.46 Million 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.
AA Industrial Belting - Total Assets Trend (2011–2024)
This chart illustrates how AA Industrial Belting’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AA Industrial Belting - Asset Composition Analysis
Current Asset Composition (December 2024)
AA Industrial Belting's total assets of CN¥778.46 Million consist of 39.9% current assets and 60.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.8% |
| Accounts Receivable | CN¥55.48 Million | 10.9% |
| Inventory | CN¥101.47 Million | 20.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥31.52 Million | 6.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how AA Industrial Belting'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: AA Industrial Belting's current assets represent 39.9% of total assets in 2024, a decrease from 48.6% in 2011.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, down from 19.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 7.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 20.0% of total assets.
AA Industrial Belting Competitors by Total Assets
Key competitors of AA Industrial Belting based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 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 |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
AA Industrial Belting - 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 - AA Industrial Belting generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AA Industrial Belting is currently not profitable relative to its asset base.
AA Industrial Belting - 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 | 1.31 | 2.90 | 7.59 |
| Quick Ratio | 0.75 | 1.46 | 5.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥77.16 Million | CN¥ 132.22 Million | CN¥ 303.00 Million |
AA Industrial Belting - Advanced Valuation Insights
This section examines the relationship between AA Industrial Belting'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 | 4.94 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | CN¥508.15 Million |
| Market Capitalization | $83.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values AA Industrial Belting's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: AA Industrial Belting's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for AA Industrial Belting (2011–2024)
The table below shows the annual total assets of AA Industrial Belting from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥508.15 Million | -3.83% |
| 2023-12-31 | CN¥528.37 Million | -0.29% |
| 2022-12-31 | CN¥529.93 Million | -3.61% |
| 2021-12-31 | CN¥549.78 Million | +11.01% |
| 2020-12-31 | CN¥495.26 Million | +7.00% |
| 2019-12-31 | CN¥462.88 Million | +5.54% |
| 2018-12-31 | CN¥438.59 Million | +3.24% |
| 2017-12-31 | CN¥424.84 Million | +70.73% |
| 2016-12-31 | CN¥248.84 Million | +12.10% |
| 2015-12-31 | CN¥221.98 Million | +16.20% |
| 2014-12-31 | CN¥191.04 Million | +5.40% |
| 2013-12-31 | CN¥181.25 Million | +5.95% |
| 2012-12-31 | CN¥171.08 Million | -8.23% |
| 2011-12-31 | CN¥186.42 Million | -- |