Tangshan Sunfar Silicon Ind (603938) - Total Assets
Based on the latest financial reports, Tangshan Sunfar Silicon Ind (603938) holds total assets worth CN¥3.29 Billion CNY (≈ $481.38 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 603938 book value for net asset value and shareholders' equity analysis.
Tangshan Sunfar Silicon Ind - Total Assets Trend (2012–2024)
This chart illustrates how Tangshan Sunfar Silicon Ind's total assets have evolved over time, based on quarterly financial data.
Tangshan Sunfar Silicon Ind - Asset Composition Analysis
Current Asset Composition (December 2024)
Tangshan Sunfar Silicon Ind's total assets of CN¥3.29 Billion consist of 37.2% current assets and 62.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.1% |
| Accounts Receivable | CN¥403.98 Million | 13.0% |
| Inventory | CN¥180.56 Million | 5.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥129.66 Million | 4.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Tangshan Sunfar Silicon Ind'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 603938 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tangshan Sunfar Silicon Ind's current assets represent 37.2% of total assets in 2024, an increase from 33.2% in 2012.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 5.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 13.0% of total assets.
Tangshan Sunfar Silicon Ind Competitors by Total Assets
Key competitors of Tangshan Sunfar Silicon Ind based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FSPG Hi-Tech Co Ltd
SHE:000973
|
China | CN¥5.04 Billion |
|
Methanex Corporation
TO:MX
|
Canada | CA$7.52 Billion |
|
Xinfengming Group Co Ltd
SHG:603225
|
China | CN¥59.98 Billion |
|
Kemira Oyj
HE:KEMIRA
|
Finland | €3.13 Billion |
|
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
|
China | CN¥19.62 Billion |
|
Lihuayi Weiyuan Chemical Co Ltd
SHG:600955
|
China | CN¥13.14 Billion |
|
Jiangxi Hungpai New Material Co Ltd
SHG:605366
|
China | CN¥4.02 Billion |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
China | CN¥3.31 Billion |
Tangshan Sunfar Silicon Ind - 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 | 1.84 | 1.96 | 4.34 |
| Quick Ratio | 1.64 | 1.73 | 3.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥632.20 Million | CN¥665.66 Million | CN¥576.40 Million |
Tangshan Sunfar Silicon Ind - Advanced Valuation Insights
This section examines the relationship between Tangshan Sunfar Silicon Ind'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 | 4.44 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | CN¥3.11 Billion |
| Market Capitalization | $1.66 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tangshan Sunfar Silicon Ind's assets below their book value (0.53x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tangshan Sunfar Silicon Ind's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tangshan Sunfar Silicon Ind (2012–2024)
The table below shows the annual total assets of Tangshan Sunfar Silicon Ind from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.11 Billion ≈ $454.41 Million |
-5.79% |
| 2023-12-31 | CN¥3.30 Billion ≈ $482.34 Million |
-1.20% |
| 2022-12-31 | CN¥3.34 Billion ≈ $488.19 Million |
+43.70% |
| 2021-12-31 | CN¥2.32 Billion ≈ $339.74 Million |
+51.94% |
| 2020-12-31 | CN¥1.53 Billion ≈ $223.60 Million |
+19.03% |
| 2019-12-31 | CN¥1.28 Billion ≈ $187.85 Million |
+12.67% |
| 2018-12-31 | CN¥1.14 Billion ≈ $166.73 Million |
+8.33% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.91 Million |
+68.30% |
| 2016-12-31 | CN¥624.95 Million ≈ $91.45 Million |
+5.11% |
| 2015-12-31 | CN¥594.54 Million ≈ $87.00 Million |
+23.04% |
| 2014-12-31 | CN¥483.22 Million ≈ $70.71 Million |
+6.00% |
| 2013-12-31 | CN¥455.85 Million ≈ $66.71 Million |
+12.82% |
| 2012-12-31 | CN¥404.06 Million ≈ $59.13 Million |
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About Tangshan Sunfar Silicon Ind
Tangshan Sunfar Silicon Industries Co.,Ltd. engages in the research, development, production, and sale of chemical products in China. Its product portfolio includes trichlorosilane, silicon tetrachloride, high-purity silicon tetrachloride, electronic grade dichlorosilane, electronic grade trichlorosilane, electronic grade silicon tetrachloride, fumed silica, silane coupling agent, potassium hydro… Read more