Shandong Donghong Pipe Ind Co
Shandong Donghong Pipe Industry Co., Ltd. engages in the research, development, manufacture, and servicing of pipeline systems in China. It offers SRTP piping systems, polyethylene pipes, PVC pipes, insulation pipe, and anti-corrosion metal pipes, as well as pipe connections. The company also develops and produces materials, such as plastic increase materials for polyolefin wear-resistant pipes, … Read more
Shandong Donghong Pipe Ind Co (603856) - Total Assets
Latest total assets as of September 2025: CN¥3.64 Billion CNY
Based on the latest financial reports, Shandong Donghong Pipe Ind Co (603856) holds total assets worth CN¥3.64 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.
Shandong Donghong Pipe Ind Co - Total Assets Trend (2012–2024)
This chart illustrates how Shandong Donghong Pipe Ind Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Donghong Pipe Ind Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Donghong Pipe Ind Co's total assets of CN¥3.64 Billion consist of 67.5% current assets and 32.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.9% |
| Accounts Receivable | CN¥1.73 Billion | 46.8% |
| Inventory | CN¥304.32 Million | 8.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥144.60 Million | 3.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Shandong Donghong Pipe Ind Co'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: Shandong Donghong Pipe Ind Co's current assets represent 67.5% of total assets in 2024, a decrease from 75.8% in 2012.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2024, up from 4.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 46.8% of total assets.
Shandong Donghong Pipe Ind Co Competitors by Total Assets
Key competitors of Shandong Donghong Pipe Ind Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Shandong Donghong Pipe Ind Co - 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 - Shandong Donghong Pipe Ind Co generates 0.67x 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, Shandong Donghong Pipe Ind Co generates $ 4.58 in net profit.
Shandong Donghong Pipe Ind Co - 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 | 3.55 | 2.17 | 2.69 |
| Quick Ratio | 2.90 | 1.90 | 2.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.86 Billion | CN¥ 1.50 Billion | CN¥ 1.41 Billion |
Shandong Donghong Pipe Ind Co - Advanced Valuation Insights
This section examines the relationship between Shandong Donghong Pipe Ind Co'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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | CN¥3.70 Billion |
| Market Capitalization | $196.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Donghong Pipe Ind Co's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Donghong Pipe Ind Co's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Donghong Pipe Ind Co (2012–2024)
The table below shows the annual total assets of Shandong Donghong Pipe Ind Co from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.70 Billion | +3.93% |
| 2023-12-31 | CN¥3.56 Billion | -9.62% |
| 2022-12-31 | CN¥3.94 Billion | +13.52% |
| 2021-12-31 | CN¥3.47 Billion | +20.91% |
| 2020-12-31 | CN¥2.87 Billion | +37.37% |
| 2019-12-31 | CN¥2.09 Billion | +10.68% |
| 2018-12-31 | CN¥1.89 Billion | +9.30% |
| 2017-12-31 | CN¥1.73 Billion | +48.26% |
| 2016-12-31 | CN¥1.16 Billion | -3.75% |
| 2015-12-31 | CN¥1.21 Billion | +2.80% |
| 2014-12-31 | CN¥1.18 Billion | +3.50% |
| 2013-12-31 | CN¥1.14 Billion | +25.30% |
| 2012-12-31 | CN¥907.27 Million | -- |