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.
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. Also see 603663 market cap for the company's overall valuation and market capitalisation.
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. Review how much debt does Sanxiang Advanced Materials carry to assess the company's total debt and financial obligations.
| 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. See Sanxiang Advanced Materials stock quote for real-time trading data and today's change.
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 |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256
|
China | CN¥5.89 Billion |
|
China Minmetals Rare Earth Co Ltd
SHE:000831
|
China | CN¥5.82 Billion |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
|
China | CN¥23.70 Billion |
|
Shandong Dawn Polymer Co Ltd
SHE:002838
|
China | CN¥8.74 Billion |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
China | CN¥2.34 Billion |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658
|
China | CN¥2.90 Billion |
|
Guangdong Delian Group Co Ltd
SHE:002666
|
China | CN¥5.41 Billion |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
China | CN¥1.20 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 | 1.46 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | CN¥2.05 Billion |
| Market Capitalization | $2.98 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Sanxiang Advanced Materials's assets above their book value (1.46x), reflecting positive investor sentiment about the company's future prospects.
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 |
-- |
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