Shandong Donghong Pipe Ind Co (603856) - Total Assets
Based on the latest financial reports, Shandong Donghong Pipe Ind Co (603856) holds total assets worth CN¥3.64 Billion CNY (≈ $532.52 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 Shandong Donghong Pipe Ind Co book value and equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 603856 stock market capitalisation.
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 |
|---|---|---|
|
Lindab International AB
ST:LIAB
|
Sweden | Skr14.63 Billion |
|
Palram
TA:PLRM
|
Israel | ILA1.97 Billion |
|
Svedbergs i Dalstorp AB (publ)
ST:SVED-B
|
Sweden | Skr3.23 Billion |
|
Europen Endustri Insaat Sanayi ve Ticaret A.S.
IS:EUREN
|
Turkey | TL14.48 Billion |
|
Sejal Glass Limited
NSE:SEJALLTD
|
India | Rs3.89 Billion |
|
Eternit S.A
SA:ETER3
|
Brazil | R$1.42 Billion |
|
Bigbloc Construction Limited
NSE:BIGBLOC
|
India | Rs3.77 Billion |
|
Ferrum S.A.
BA:FERR
|
Argentina | AR$245.16 Billion |
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 | 0.15 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | CN¥3.70 Billion |
| Market Capitalization | $536.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Donghong Pipe Ind Co's assets below their book value (0.15x), 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 ≈ $541.19 Million |
+3.93% |
| 2023-12-31 | CN¥3.56 Billion ≈ $520.72 Million |
-9.62% |
| 2022-12-31 | CN¥3.94 Billion ≈ $576.15 Million |
+13.52% |
| 2021-12-31 | CN¥3.47 Billion ≈ $507.52 Million |
+20.91% |
| 2020-12-31 | CN¥2.87 Billion ≈ $419.74 Million |
+37.37% |
| 2019-12-31 | CN¥2.09 Billion ≈ $305.55 Million |
+10.68% |
| 2018-12-31 | CN¥1.89 Billion ≈ $276.06 Million |
+9.30% |
| 2017-12-31 | CN¥1.73 Billion ≈ $252.57 Million |
+48.26% |
| 2016-12-31 | CN¥1.16 Billion ≈ $170.36 Million |
-3.75% |
| 2015-12-31 | CN¥1.21 Billion ≈ $176.99 Million |
+2.80% |
| 2014-12-31 | CN¥1.18 Billion ≈ $172.18 Million |
+3.50% |
| 2013-12-31 | CN¥1.14 Billion ≈ $166.35 Million |
+25.30% |
| 2012-12-31 | CN¥907.27 Million ≈ $132.76 Million |
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About 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