Nantong Acetic Acid Chemical Co Ltd (603968) - Total Assets
Based on the latest financial reports, Nantong Acetic Acid Chemical Co Ltd (603968) holds total assets worth CN¥3.41 Billion CNY (≈ $499.36 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 Nantong Acetic Acid Chemical Co Ltd's book value for net asset value and shareholders' equity analysis.
Nantong Acetic Acid Chemical Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Nantong Acetic Acid Chemical Co Ltd's total assets have evolved over time, based on quarterly financial data.
Nantong Acetic Acid Chemical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Nantong Acetic Acid Chemical Co Ltd's total assets of CN¥3.41 Billion consist of 61.4% current assets and 38.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.6% |
| Accounts Receivable | CN¥620.20 Million | 18.5% |
| Inventory | CN¥252.44 Million | 7.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥166.76 Million | 5.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Nantong Acetic Acid Chemical 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 Nantong Acetic Acid Chemical Co Ltd (603968) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nantong Acetic Acid Chemical Co Ltd's current assets represent 61.4% of total assets in 2024, an increase from 42.2% in 2011.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2024, up from 19.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 6.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 18.5% of total assets.
Nantong Acetic Acid Chemical Co Ltd Competitors by Total Assets
Key competitors of Nantong Acetic Acid Chemical Co Ltd 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 |
Nantong Acetic Acid Chemical 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 | 1.60 | 1.80 | 2.70 |
| Quick Ratio | 1.34 | 1.57 | 2.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥799.30 Million | CN¥976.17 Million | CN¥1.05 Billion |
Nantong Acetic Acid Chemical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Nantong Acetic Acid Chemical 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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | CN¥3.36 Billion |
| Market Capitalization | $362.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nantong Acetic Acid Chemical Co Ltd's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nantong Acetic Acid Chemical Co Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nantong Acetic Acid Chemical Co Ltd (2011–2024)
The table below shows the annual total assets of Nantong Acetic Acid Chemical Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.36 Billion ≈ $491.14 Million |
-5.35% |
| 2023-12-31 | CN¥3.55 Billion ≈ $518.90 Million |
+11.79% |
| 2022-12-31 | CN¥3.17 Billion ≈ $464.16 Million |
+13.94% |
| 2021-12-31 | CN¥2.78 Billion ≈ $407.36 Million |
+16.26% |
| 2020-12-31 | CN¥2.39 Billion ≈ $350.38 Million |
+14.61% |
| 2019-12-31 | CN¥2.09 Billion ≈ $305.73 Million |
+6.25% |
| 2018-12-31 | CN¥1.97 Billion ≈ $287.75 Million |
+8.63% |
| 2017-12-31 | CN¥1.81 Billion ≈ $264.89 Million |
+3.80% |
| 2016-12-31 | CN¥1.74 Billion ≈ $255.19 Million |
+4.15% |
| 2015-12-31 | CN¥1.67 Billion ≈ $245.02 Million |
+33.70% |
| 2014-12-31 | CN¥1.25 Billion ≈ $183.27 Million |
-1.75% |
| 2013-12-31 | CN¥1.27 Billion ≈ $186.53 Million |
+3.94% |
| 2012-12-31 | CN¥1.23 Billion ≈ $179.46 Million |
+10.51% |
| 2011-12-31 | CN¥1.11 Billion ≈ $162.39 Million |
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About Nantong Acetic Acid Chemical Co Ltd
Nantong Acetic Acid Chemical Co., Ltd. research, develops, produces, and sells fine chemicals in China and internationally. The company offers food and feed additives comprising acesulfame potassium, sorbic acid, potassium sorbate, dehydroacetic acid, sodium dehydroacetate, nicotinic acid, nicotinamide, and clopidol; pharmaceutical and pesticide intermediates consisting of methyl acetoacetate, et… Read more