Guangdong Songyang Recycle Resources Co Ltd (603863) - Total Assets
Based on the latest financial reports, Guangdong Songyang Recycle Resources Co Ltd (603863) holds total assets worth CN¥1.14 Billion CNY (≈ $167.21 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. Explore how well can Guangdong Songyang Recycle Resources Co service its debt to assess how comfortably operating cash covers total debt obligations.
Guangdong Songyang Recycle Resources Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Guangdong Songyang Recycle Resources Co Ltd's total assets have evolved over time, based on quarterly financial data. See Guangdong Songyang Recycle Resources Co (603863) net assets for net asset value and shareholders' equity analysis.
Guangdong Songyang Recycle Resources Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Songyang Recycle Resources Co Ltd's total assets of CN¥1.14 Billion consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.8% |
| Accounts Receivable | CN¥32.18 Million | 2.5% |
| Inventory | CN¥76.98 Million | 5.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥185.19 Million | 14.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Guangdong Songyang Recycle Resources Co Ltd's current assets represent 13.9% of total assets in 2024, a decrease from 20.2% in 2012.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, up from 2.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, a decrease from 17.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 14.2% of total assets.
Guangdong Songyang Recycle Resources Co Ltd Competitors by Total Assets
Key competitors of Guangdong Songyang Recycle Resources Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Klabin S.A.
SA:KLBN11
|
Brazil | R$62.09 Billion |
|
Asia Paper
KO:002310
|
Korea | ₩1.03 Trillion |
|
Seshasayee Paper and Boards Limited
NSE:SESHAPAPER
|
India | Rs24.87 Billion |
|
Alkim Alkali Kimya AS
IS:ALKIM
|
Turkey | TL6.04 Billion |
|
Young Poong Pa
KO:006740
|
Korea | ₩177.24 Billion |
|
Celulosa Argentina SA
BA:CELU
|
Argentina | AR$442.37 Billion |
|
Suzano S.A.
SA:SUZB3
|
Brazil | R$165.83 Billion |
|
Klabin S.A
SA:KLBN3
|
Brazil | R$62.09 Billion |
Guangdong Songyang Recycle Resources 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 | 0.14 | 0.29 | 3.08 |
| Quick Ratio | 0.11 | 0.15 | 2.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-547.78 Million | CN¥-495.25 Million | CN¥535.77 Million |
Guangdong Songyang Recycle Resources Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangdong Songyang Recycle Resources 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 | 10.76 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | -12.4% |
| Total Assets | CN¥1.30 Billion |
| Market Capitalization | $382.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Songyang Recycle Resources Co Ltd's assets below their book value (0.29x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Guangdong Songyang Recycle Resources Co Ltd's assets decreased by 12.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Guangdong Songyang Recycle Resources Co Ltd (2012–2024)
The table below shows the annual total assets of Guangdong Songyang Recycle Resources Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.30 Billion ≈ $190.58 Million |
-12.44% |
| 2023-12-31 | CN¥1.49 Billion ≈ $217.66 Million |
-6.07% |
| 2022-12-31 | CN¥1.58 Billion ≈ $231.74 Million |
-14.20% |
| 2021-12-31 | CN¥1.85 Billion ≈ $270.10 Million |
+14.47% |
| 2020-12-31 | CN¥1.61 Billion ≈ $235.96 Million |
+23.02% |
| 2019-12-31 | CN¥1.31 Billion ≈ $191.80 Million |
+53.46% |
| 2018-12-31 | CN¥854.15 Million ≈ $124.99 Million |
+30.53% |
| 2017-12-31 | CN¥654.35 Million ≈ $95.75 Million |
+6.00% |
| 2016-12-31 | CN¥617.31 Million ≈ $90.33 Million |
+114.99% |
| 2015-12-31 | CN¥287.14 Million ≈ $42.02 Million |
+51.06% |
| 2014-12-31 | CN¥190.09 Million ≈ $27.82 Million |
-1.83% |
| 2013-12-31 | CN¥193.64 Million ≈ $28.34 Million |
+5.22% |
| 2012-12-31 | CN¥184.03 Million ≈ $26.93 Million |
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About Guangdong Songyang Recycle Resources Co Ltd
GuangDong SongYang Recycle Resources CO.,LTD engages in the research and development, production, and sale of recycled paper products in China. It offers white board paper, corrugated paper, and specialty paper. The company was formerly known as Shantou Songyang Paper Industry Co., Ltd. GuangDong SongYang Recycle Resources CO.,LTD was incorporated in 2008 and is headquartered in Shantou, China.