Changzheng Engineering Co Ltd

SHG:603698 China Engineering & Construction
Market Cap
$2.25 Billion
CN¥16.52 Billion CNY
Market Cap Rank
#7747 Global
#1366 in China
Share Price
CN¥30.83
Change (1 day)
-4.05%
52-Week Range
CN¥15.43 - CN¥48.40
All Time High
CN¥48.40
About

Changzheng Engineering Technology Co.,Ltd provides research and development, engineering design, technical, equipment supply, and general engineering contracting services for aerospace pulverized coal pressurized gasification technology and equipment in the People's Republic of China. It is also involved in the industrial gas operations. The company was formerly known as Changzheng Engineering Co… Read more

Changzheng Engineering Co Ltd (603698) - Total Assets

Latest total assets as of September 2025: CN¥8.32 Billion CNY

Based on the latest financial reports, Changzheng Engineering Co Ltd (603698) holds total assets worth CN¥8.32 Billion 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.

Changzheng Engineering Co Ltd - Total Assets Trend (2011–2024)

This chart illustrates how Changzheng Engineering Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Changzheng Engineering Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Changzheng Engineering Co Ltd's total assets of CN¥8.32 Billion consist of 57.7% current assets and 42.3% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 33.7%
Accounts Receivable CN¥1.05 Billion 12.3%
Inventory CN¥240.98 Million 2.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥151.31 Million 1.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2011–2024)

This chart illustrates how Changzheng Engineering Co Ltd'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: Changzheng Engineering Co Ltd's current assets represent 57.7% of total assets in 2024, a decrease from 58.6% in 2011.
  • Cash Position: Cash and equivalents constituted 33.7% of total assets in 2024, up from 27.2% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 7.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 12.3% of total assets.

Changzheng Engineering Co Ltd Competitors by Total Assets

Key competitors of Changzheng Engineering Co Ltd based on total assets are shown below.

Changzheng Engineering Co Ltd - 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

Historical Range: 0.32 - 0.54

Lower asset utilization - Changzheng Engineering Co Ltd generates 0.40x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.22% - 7.14%

Moderate ROA - For every $100 in assets, Changzheng Engineering Co Ltd generates $ 2.22 in net profit.

Changzheng Engineering Co Ltd - 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 2.30 2.42 2.49
Quick Ratio 2.13 2.23 2.26
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥2.70 Billion CN¥ 2.47 Billion CN¥ 2.05 Billion

Changzheng Engineering Co Ltd - Advanced Valuation Insights

This section examines the relationship between Changzheng Engineering Co Ltd'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 3.77
Latest Market Cap to Assets Ratio 0.11
Asset Growth Rate (YoY) 56.1%
Total Assets CN¥8.52 Billion
Market Capitalization $899.67 Million USD

Valuation Analysis

Below Book Valuation: The market values Changzheng Engineering Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Changzheng Engineering Co Ltd's assets grew by 56.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Changzheng Engineering Co Ltd (2011–2024)

The table below shows the annual total assets of Changzheng Engineering Co Ltd from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥8.52 Billion +56.05%
2023-12-31 CN¥5.46 Billion +12.68%
2022-12-31 CN¥4.85 Billion +6.89%
2021-12-31 CN¥4.54 Billion +4.18%
2020-12-31 CN¥4.35 Billion +10.97%
2019-12-31 CN¥3.92 Billion +6.74%
2018-12-31 CN¥3.68 Billion -4.01%
2017-12-31 CN¥3.83 Billion +6.52%
2016-12-31 CN¥3.59 Billion -13.24%
2015-12-31 CN¥4.14 Billion +56.41%
2014-12-31 CN¥2.65 Billion +25.65%
2013-12-31 CN¥2.11 Billion +30.02%
2012-12-31 CN¥1.62 Billion +36.96%
2011-12-31 CN¥1.18 Billion --