Suzhou Xingye Material Tech (603928) - Total Assets
Based on the latest financial reports, Suzhou Xingye Material Tech (603928) holds total assets worth CN¥1.80 Billion CNY (≈ $262.96 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 Suzhou Xingye Material Tech's book value for net asset value and shareholders' equity analysis.
Suzhou Xingye Material Tech - Total Assets Trend (2011–2024)
This chart illustrates how Suzhou Xingye Material Tech's total assets have evolved over time, based on quarterly financial data.
Suzhou Xingye Material Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Xingye Material Tech's total assets of CN¥1.80 Billion consist of 60.2% current assets and 39.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.8% |
| Accounts Receivable | CN¥741.09 Million | 42.8% |
| Inventory | CN¥88.40 Million | 5.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥209.77 Million | 12.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Suzhou Xingye Material Tech'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 603928 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suzhou Xingye Material Tech's current assets represent 60.2% of total assets in 2024, a decrease from 81.0% in 2011.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 18.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 6.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 42.8% of total assets.
Suzhou Xingye Material Tech Competitors by Total Assets
Key competitors of Suzhou Xingye Material Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
|
Dyno Nobel Ltd
AU:DNL
|
Australia | AU$7.83 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
China | CN¥4.98 Billion |
|
Lianhe Chemical Technology Co Ltd
SHE:002250
|
China | CN¥13.79 Billion |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
China | CN¥73.96 Billion |
|
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721
|
China | CN¥2.56 Billion |
|
Asia Cuanon Tech (Shanghai)
SHG:603378
|
China | CN¥5.38 Billion |
Suzhou Xingye Material Tech - 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 | 4.73 | 5.04 | 4.67 |
| Quick Ratio | 4.39 | 4.60 | 4.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥881.10 Million | CN¥817.05 Million | CN¥823.29 Million |
Suzhou Xingye Material Tech - Advanced Valuation Insights
This section examines the relationship between Suzhou Xingye Material Tech'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 | 2.53 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | -5.9% |
| Total Assets | CN¥1.73 Billion |
| Market Capitalization | $622.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Xingye Material Tech's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Suzhou Xingye Material Tech's assets decreased by 5.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Suzhou Xingye Material Tech (2011–2024)
The table below shows the annual total assets of Suzhou Xingye Material Tech from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion ≈ $253.28 Million |
-5.87% |
| 2023-12-31 | CN¥1.84 Billion ≈ $269.06 Million |
-8.71% |
| 2022-12-31 | CN¥2.01 Billion ≈ $294.72 Million |
+6.58% |
| 2021-12-31 | CN¥1.89 Billion ≈ $276.53 Million |
+15.26% |
| 2020-12-31 | CN¥1.64 Billion ≈ $239.93 Million |
+6.53% |
| 2019-12-31 | CN¥1.54 Billion ≈ $225.22 Million |
-4.30% |
| 2018-12-31 | CN¥1.61 Billion ≈ $235.33 Million |
+13.19% |
| 2017-12-31 | CN¥1.42 Billion ≈ $207.90 Million |
+18.57% |
| 2016-12-31 | CN¥1.20 Billion ≈ $175.33 Million |
+78.96% |
| 2015-12-31 | CN¥669.53 Million ≈ $97.97 Million |
+8.31% |
| 2014-12-31 | CN¥618.16 Million ≈ $90.46 Million |
-4.13% |
| 2013-12-31 | CN¥644.80 Million ≈ $94.35 Million |
+17.47% |
| 2012-12-31 | CN¥548.88 Million ≈ $80.32 Million |
-13.82% |
| 2011-12-31 | CN¥636.93 Million ≈ $93.20 Million |
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About Suzhou Xingye Material Tech
Suzhou Xingye Materials Technology Co.,Ltd. engages in the research, development, production, sale, and technical servicing of foundry functional new materials in China. It offers self-hardening furan resin, cold box resin, phenolic resin, inorganic binders, coating, smelting materials, foam ceramic filter, riser, and auxiliary materials. Suzhou Xingye Materials Technology Co.,Ltd. was founded in… Read more