Qingdao Richen Food Co Ltd (603755) - Total Assets
Based on the latest financial reports, Qingdao Richen Food Co Ltd (603755) holds total assets worth CN¥1.10 Billion CNY (≈ $160.87 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 Qingdao Richen Food Co Ltd for net asset value and shareholders' equity analysis.
Qingdao Richen Food Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Qingdao Richen Food Co Ltd's total assets have evolved over time, based on quarterly financial data.
Qingdao Richen Food Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Richen Food Co Ltd's total assets of CN¥1.10 Billion consist of 30.7% current assets and 69.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.2% |
| Accounts Receivable | CN¥83.30 Million | 8.3% |
| Inventory | CN¥36.41 Million | 3.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥38.38 Million | 3.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Qingdao Richen Food 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. For live market cap, price, and company overview, see Qingdao Richen Food Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Richen Food Co Ltd's current assets represent 30.7% of total assets in 2024, a decrease from 61.9% in 2014.
- Cash Position: Cash and equivalents constituted 16.2% of total assets in 2024, down from 24.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 8.3% of total assets.
Qingdao Richen Food Co Ltd Competitors by Total Assets
Key competitors of Qingdao Richen Food Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Orkla ASA
OL:ORK
|
Norway | Nkr88.70 Billion |
|
New Hope Dairy Co Ltd
SHE:002946
|
China | CN¥9.38 Billion |
|
Yankershop Food Co Ltd
SHE:002847
|
China | CN¥4.06 Billion |
|
Bellring Brands LLC
NYSE:BRBR
|
USA | $1.06 Billion |
|
Shandong Bailong Chuangyuan Bio-Tech Co. Ltd.
SHG:605016
|
China | CN¥2.58 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
China | CN¥5.36 Billion |
|
Xinjiang Guannong Fruit & Antler Group Co Ltd
SHG:600251
|
China | CN¥5.94 Billion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
China | CN¥8.38 Billion |
Qingdao Richen Food 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 | 1.28 | 1.57 | 9.94 |
| Quick Ratio | 1.14 | 1.41 | 9.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥61.82 Million | CN¥123.83 Million | CN¥507.42 Million |
Qingdao Richen Food Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Richen Food 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 | 4.89 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 4.2% |
| Total Assets | CN¥1.00 Billion |
| Market Capitalization | $419.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Richen Food Co Ltd's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Qingdao Richen Food Co Ltd's assets grew by 4.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Qingdao Richen Food Co Ltd (2014–2024)
The table below shows the annual total assets of Qingdao Richen Food Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.00 Billion ≈ $146.76 Million |
+4.22% |
| 2023-12-31 | CN¥962.30 Million ≈ $140.81 Million |
+4.39% |
| 2022-12-31 | CN¥921.84 Million ≈ $134.89 Million |
+11.89% |
| 2021-12-31 | CN¥823.90 Million ≈ $120.56 Million |
+15.80% |
| 2020-12-31 | CN¥711.49 Million ≈ $104.11 Million |
+12.67% |
| 2019-12-31 | CN¥631.48 Million ≈ $92.41 Million |
+157.95% |
| 2018-12-31 | CN¥244.81 Million ≈ $35.82 Million |
+20.23% |
| 2017-12-31 | CN¥203.62 Million ≈ $29.80 Million |
+18.43% |
| 2016-12-31 | CN¥171.93 Million ≈ $25.16 Million |
+9.09% |
| 2015-12-31 | CN¥157.60 Million ≈ $23.06 Million |
+15.19% |
| 2014-12-31 | CN¥136.82 Million ≈ $20.02 Million |
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About Qingdao Richen Food Co Ltd
Qingdao Richen Food Co.,Ltd. engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China. The company offers sauces, liquid and powder seasonings, roast chicken seasoning, coating flour, and coating paste, as well as food additive products that include compound acidity regulator, compound moisture retaining… Read more