Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) - Total Assets
Based on the latest financial reports, Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) holds total assets worth CN¥4.19 Billion CNY (≈ $612.40 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 what is Jiang Su Wujin Stainless Steel Pipe Grou's book value for net asset value and shareholders' equity analysis.
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's total assets of CN¥4.19 Billion consist of 68.9% current assets and 31.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.9% |
| Accounts Receivable | CN¥777.20 Million | 19.2% |
| Inventory | CN¥1.02 Billion | 25.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥139.18 Million | 3.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Jiang Su Wujin Stainless Steel Pipe Group 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 603878 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's current assets represent 68.9% of total assets in 2024, a decrease from 73.4% in 2011.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, up from 9.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 25.1% of total assets.
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd Competitors by Total Assets
Key competitors of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.15 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥12.73 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
Taiwan | NT$51.74 Billion |
|
Labrador Iron Ore Royalty Corp
TO:LIF
|
Canada | CA$812.28 Million |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
|
Seah Steel Corp
KO:003030
|
Korea | ₩5.83 Trillion |
|
Vulcan Steel Ltd
AU:VSL
|
Australia | AU$1.08 Billion |
Jiang Su Wujin Stainless Steel Pipe Group 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 | 2.31 | 3.06 | 2.60 |
| Quick Ratio | 1.47 | 1.99 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.55 Billion | CN¥1.96 Billion | CN¥1.58 Billion |
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiang Su Wujin Stainless Steel Pipe Group 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 | 1.81 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | CN¥4.05 Billion |
| Market Capitalization | $702.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (2011–2024)
The table below shows the annual total assets of Jiang Su Wujin Stainless Steel Pipe Group Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.05 Billion ≈ $592.09 Million |
-4.98% |
| 2023-12-31 | CN¥4.26 Billion ≈ $623.12 Million |
+11.56% |
| 2022-12-31 | CN¥3.82 Billion ≈ $558.56 Million |
+7.53% |
| 2021-12-31 | CN¥3.55 Billion ≈ $519.44 Million |
+3.49% |
| 2020-12-31 | CN¥3.43 Billion ≈ $501.93 Million |
+9.50% |
| 2019-12-31 | CN¥3.13 Billion ≈ $458.36 Million |
+8.62% |
| 2018-12-31 | CN¥2.88 Billion ≈ $421.98 Million |
+12.49% |
| 2017-12-31 | CN¥2.56 Billion ≈ $375.14 Million |
+10.01% |
| 2016-12-31 | CN¥2.33 Billion ≈ $341.00 Million |
+26.37% |
| 2015-12-31 | CN¥1.84 Billion ≈ $269.85 Million |
-4.96% |
| 2014-12-31 | CN¥1.94 Billion ≈ $283.94 Million |
+14.12% |
| 2013-12-31 | CN¥1.70 Billion ≈ $248.81 Million |
+5.32% |
| 2012-12-31 | CN¥1.61 Billion ≈ $236.25 Million |
-0.62% |
| 2011-12-31 | CN¥1.62 Billion ≈ $237.73 Million |
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About Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. researches, develops, manufactures, and sells industrial stainless steel pipes and fittings in China and internationally. The company's product portfolio includes stainless steel seamless pipes, industrial stainless steel welded pipes, and steel pipe fittings and flanges. Its products are primarily used in petroleum, chemical, natural gas, electri… Read more