Suzhou Douson Drilling & Production Equipment Co Ltd
Jiangsu Hongtian Technology Co.,Ltd. engages in the oil and gas electrical, and electrolytic copper foil equipment business in China. The company also engages in steel trading, oil and gas product processing, and oil and gas forging production. The company was formerly known as Suzhou Douson Drilling & Production Equipment Co.,Ltd. and changed its name to Jiangsu Hongtian Technology Co.,Ltd. in J… Read more
Suzhou Douson Drilling & Production Equipment Co Ltd (603800) - Total Assets
Latest total assets as of September 2025: CN¥2.73 Billion CNY
Based on the latest financial reports, Suzhou Douson Drilling & Production Equipment Co Ltd (603800) holds total assets worth CN¥2.73 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.
Suzhou Douson Drilling & Production Equipment Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Suzhou Douson Drilling & Production Equipment Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Suzhou Douson Drilling & Production Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Douson Drilling & Production Equipment Co Ltd's total assets of CN¥2.73 Billion consist of 70.5% current assets and 29.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.2% |
| Accounts Receivable | CN¥673.44 Million | 23.1% |
| Inventory | CN¥748.58 Million | 25.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥67.98 Million | 2.3% |
| Goodwill | CN¥308.37 Million | 10.6% |
Asset Composition Trend (2011–2024)
This chart illustrates how Suzhou Douson Drilling & Production Equipment 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: Suzhou Douson Drilling & Production Equipment Co Ltd's current assets represent 70.5% of total assets in 2024, an increase from 64.9% in 2011.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2024, down from 18.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 1.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 25.6% of total assets.
Suzhou Douson Drilling & Production Equipment Co Ltd Competitors by Total Assets
Key competitors of Suzhou Douson Drilling & Production Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Suzhou Douson Drilling & Production Equipment 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
Moderate asset utilization - Suzhou Douson Drilling & Production Equipment Co Ltd generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Suzhou Douson Drilling & Production Equipment Co Ltd generates $ 4.00 in net profit.
Suzhou Douson Drilling & Production Equipment 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 | 1.39 | 1.30 | 1.85 |
| Quick Ratio | 0.95 | 0.85 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥524.76 Million | CN¥ 569.43 Million | CN¥ 544.51 Million |
Suzhou Douson Drilling & Production Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Suzhou Douson Drilling & Production Equipment 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 | 9.61 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -19.3% |
| Total Assets | CN¥2.92 Billion |
| Market Capitalization | $499.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Douson Drilling & Production Equipment Co Ltd's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Suzhou Douson Drilling & Production Equipment Co Ltd's assets decreased by 19.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Suzhou Douson Drilling & Production Equipment Co Ltd (2011–2024)
The table below shows the annual total assets of Suzhou Douson Drilling & Production Equipment Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | -19.30% |
| 2023-12-31 | CN¥3.62 Billion | -2.07% |
| 2022-12-31 | CN¥3.70 Billion | +105.92% |
| 2021-12-31 | CN¥1.80 Billion | +13.78% |
| 2020-12-31 | CN¥1.58 Billion | -9.99% |
| 2019-12-31 | CN¥1.75 Billion | +10.35% |
| 2018-12-31 | CN¥1.59 Billion | +11.36% |
| 2017-12-31 | CN¥1.43 Billion | +15.76% |
| 2016-12-31 | CN¥1.23 Billion | -2.10% |
| 2015-12-31 | CN¥1.26 Billion | +33.50% |
| 2014-12-31 | CN¥942.91 Million | +18.90% |
| 2013-12-31 | CN¥793.00 Million | +2.98% |
| 2012-12-31 | CN¥770.08 Million | +9.24% |
| 2011-12-31 | CN¥704.93 Million | -- |