Sanxiang Advanced Materials (603663) - Total Assets
Based on the latest financial reports, Sanxiang Advanced Materials (603663) holds total assets worth CN¥2.15 Billion CNY (≈ $313.89 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. Check Sanxiang Advanced Materials (603663) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Sanxiang Advanced Materials - Total Assets Trend (2011–2024)
This chart illustrates how Sanxiang Advanced Materials's total assets have evolved over time, based on quarterly financial data. Check how high is Sanxiang Advanced Materials's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Sanxiang Advanced Materials - Asset Composition Analysis
Current Asset Composition (December 2024)
Sanxiang Advanced Materials's total assets of CN¥2.15 Billion consist of 37.4% current assets and 62.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.6% |
| Accounts Receivable | CN¥402.40 Million | 19.6% |
| Inventory | CN¥273.55 Million | 13.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥106.58 Million | 5.2% |
| Goodwill | CN¥37.14 Million | 1.8% |
Asset Composition Trend (2011–2024)
This chart illustrates how Sanxiang Advanced Materials'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 Sanxiang Advanced Materials market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sanxiang Advanced Materials's current assets represent 37.4% of total assets in 2024, a decrease from 68.3% in 2011.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 4.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 19.6% of total assets.
Sanxiang Advanced Materials Competitors by Total Assets
Key competitors of Sanxiang Advanced Materials based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Peric Special Gases Co. Ltd. A
SHG:688146
|
China | CN¥7.26 Billion |
|
NINGBO SHANSHAN GDR/A
F:OJ8
|
Germany | €45.88 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655
|
China | CN¥5.29 Billion |
|
Jiangsu Cnano Technology Co Ltd
SHG:688116
|
China | CN¥5.83 Billion |
|
Qingdao Gon Technology Co Ltd
SHE:002768
|
China | CN¥21.26 Billion |
|
5N Plus Inc.
TO:VNP
|
Canada | CA$519.27 Million |
|
Suzhou Shihua New Material Technology Co Ltd
SHG:688093
|
China | CN¥2.99 Billion |
Sanxiang Advanced Materials - 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 | 1.25 | 1.25 | 1.60 |
| Quick Ratio | 0.87 | 0.85 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥178.53 Million | CN¥185.99 Million | CN¥183.04 Million |
Sanxiang Advanced Materials - Advanced Valuation Insights
This section examines the relationship between Sanxiang Advanced Materials'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 | 14.45 |
| Latest Market Cap to Assets Ratio | 2.65 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | CN¥2.05 Billion |
| Market Capitalization | $5.42 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Sanxiang Advanced Materials's assets at a significant premium (2.65x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Sanxiang Advanced Materials's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sanxiang Advanced Materials (2011–2024)
The table below shows the annual total assets of Sanxiang Advanced Materials from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.05 Billion ≈ $299.76 Million |
+1.48% |
| 2023-12-31 | CN¥2.02 Billion ≈ $295.37 Million |
+11.74% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.33 Million |
+17.49% |
| 2021-12-31 | CN¥1.54 Billion ≈ $224.97 Million |
+15.33% |
| 2020-12-31 | CN¥1.33 Billion ≈ $195.07 Million |
+28.70% |
| 2019-12-31 | CN¥1.04 Billion ≈ $151.58 Million |
+21.86% |
| 2018-12-31 | CN¥850.01 Million ≈ $124.38 Million |
+48.19% |
| 2017-12-31 | CN¥573.60 Million ≈ $83.94 Million |
+18.04% |
| 2016-12-31 | CN¥485.95 Million ≈ $71.11 Million |
+62.59% |
| 2015-12-31 | CN¥298.88 Million ≈ $43.74 Million |
+6.73% |
| 2014-12-31 | CN¥280.03 Million ≈ $40.98 Million |
-0.71% |
| 2013-12-31 | CN¥282.03 Million ≈ $41.27 Million |
+5.09% |
| 2012-12-31 | CN¥268.36 Million ≈ $39.27 Million |
-6.02% |
| 2011-12-31 | CN¥285.54 Million ≈ $41.78 Million |
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About Sanxiang Advanced Materials
Sanxiang Advanced Materials Co., Ltd. engages in the manufacture and sale of fused zirconia, cast modified materials, and single crystal fused aluminum materials. The company offers monoclinic and stabilized zirconia, nano zirconium, sponge zirconium, zirconium oxychloride and tetrachloride, silicon tetrachloride, micro silica, cast modified materials, single crystal fused aluminum, silica fumes,… Read more