Harson Trading China Co Ltd
Harson Trading (China) Co.,Ltd. engages in the design, development, production, and wholesale of leather products in China and internationally. It offers shoes, bags, clothing products, and accessories. The company was founded in 2006 and is based in Kunshan, China. Harson Trading (China) Co.,Ltd. is a subsidiary of Zhenxing International Co., Ltd.
Harson Trading China Co Ltd (603958) - Total Assets
Latest total assets as of June 2025: CN¥1.78 Billion CNY
Based on the latest financial reports, Harson Trading China Co Ltd (603958) holds total assets worth CN¥1.78 Billion CNY as of June 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.
Harson Trading China Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Harson Trading China Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harson Trading China Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Harson Trading China Co Ltd's total assets of CN¥1.78 Billion consist of 62.5% current assets and 37.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.3% |
| Accounts Receivable | CN¥349.62 Million | 19.6% |
| Inventory | CN¥404.15 Million | 22.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥61.39 Million | 3.5% |
| Goodwill | CN¥249.74 Million | 14.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Harson Trading China 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Harson Trading China Co Ltd's current assets represent 62.5% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 14.3% of total assets in 2024, up from 0.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 22.7% of total assets.
Harson Trading China Co Ltd Competitors by Total Assets
Key competitors of Harson Trading China Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
Harson Trading China Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Harson Trading China Co Ltd generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harson Trading China Co Ltd is currently not profitable relative to its asset base.
Harson Trading China 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 | 1.33 | 6.00 | 4.82 |
| Quick Ratio | 0.86 | 3.59 | 2.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥270.05 Million | CN¥ 642.09 Million | CN¥ 763.15 Million |
Harson Trading China Co Ltd - Advanced Valuation Insights
This section examines the relationship between Harson Trading China 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 | 5.19 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 83.2% |
| Total Assets | CN¥1.78 Billion |
| Market Capitalization | $204.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harson Trading China Co Ltd's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Harson Trading China Co Ltd's assets grew by 83.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Harson Trading China Co Ltd (2011–2024)
The table below shows the annual total assets of Harson Trading China Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion | +83.15% |
| 2023-12-31 | CN¥972.03 Million | -6.53% |
| 2022-12-31 | CN¥1.04 Billion | -10.44% |
| 2021-12-31 | CN¥1.16 Billion | +0.26% |
| 2020-12-31 | CN¥1.16 Billion | -8.74% |
| 2019-12-31 | CN¥1.27 Billion | -3.69% |
| 2018-12-31 | CN¥1.32 Billion | -8.35% |
| 2017-12-31 | CN¥1.44 Billion | -3.42% |
| 2016-12-31 | CN¥1.49 Billion | +21.30% |
| 2015-12-31 | CN¥1.23 Billion | -2.32% |
| 2014-12-31 | CN¥1.26 Billion | -11.52% |
| 2013-12-31 | CN¥1.42 Billion | +11.43% |
| 2012-12-31 | CN¥1.27 Billion | +13.74% |
| 2011-12-31 | CN¥1.12 Billion | -- |