Shenzhen Sunxing Light Alloys (603978) - Total Assets
Based on the latest financial reports, Shenzhen Sunxing Light Alloys (603978) holds total assets worth CN¥4.21 Billion CNY (≈ $616.13 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 Shenzhen Sunxing Light Alloys book value and equity for net asset value and shareholders' equity analysis.
Shenzhen Sunxing Light Alloys - Total Assets Trend (2012–2024)
This chart illustrates how Shenzhen Sunxing Light Alloys's total assets have evolved over time, based on quarterly financial data.
Shenzhen Sunxing Light Alloys - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Sunxing Light Alloys's total assets of CN¥4.21 Billion consist of 52.6% current assets and 47.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.7% |
| Accounts Receivable | CN¥1.26 Billion | 32.2% |
| Inventory | CN¥390.43 Million | 10.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥90.10 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Shenzhen Sunxing Light Alloys'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 603978 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Sunxing Light Alloys's current assets represent 52.6% of total assets in 2024, a decrease from 53.9% in 2012.
- Cash Position: Cash and equivalents constituted 6.7% of total assets in 2024, up from 5.8% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 11.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 32.2% of total assets.
Shenzhen Sunxing Light Alloys Competitors by Total Assets
Key competitors of Shenzhen Sunxing Light Alloys based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ye Chiu Metal Recycling China Ltd
SHG:601388
|
China | CN¥6.28 Billion |
|
Choil Aluminum
KO:018470
|
Korea | ₩432.90 Billion |
|
Coil S.A./N.V
PA:ALCOI
|
France | €28.18 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
Argentina | AR$3.02 Trillion |
|
Alpha Hpa Ltd
AU:A4N
|
Australia | AU$305.35 Million |
|
Capral Ltd
AU:CAA
|
Australia | AU$482.90 Million |
|
ABX Group Ltd
AU:ABX
|
Australia | AU$18.71 Million |
|
AMAG Austria Metall AG
VI:AMAG
|
Austria | €1.66 Billion |
Shenzhen Sunxing Light Alloys - 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 | 1.29 | 1.22 | 3.43 |
| Quick Ratio | 1.01 | 1.02 | 3.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥530.90 Million | CN¥377.23 Million | CN¥1.04 Billion |
Shenzhen Sunxing Light Alloys - Advanced Valuation Insights
This section examines the relationship between Shenzhen Sunxing Light Alloys'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 | 3.46 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 8.9% |
| Total Assets | CN¥3.90 Billion |
| Market Capitalization | $832.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Sunxing Light Alloys's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shenzhen Sunxing Light Alloys's assets grew by 8.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shenzhen Sunxing Light Alloys (2012–2024)
The table below shows the annual total assets of Shenzhen Sunxing Light Alloys from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.90 Billion ≈ $570.50 Million |
+8.86% |
| 2023-12-31 | CN¥3.58 Billion ≈ $524.06 Million |
+12.30% |
| 2022-12-31 | CN¥3.19 Billion ≈ $466.66 Million |
+16.96% |
| 2021-12-31 | CN¥2.73 Billion ≈ $398.98 Million |
-0.78% |
| 2020-12-31 | CN¥2.75 Billion ≈ $402.12 Million |
+29.37% |
| 2019-12-31 | CN¥2.12 Billion ≈ $310.82 Million |
+10.57% |
| 2018-12-31 | CN¥1.92 Billion ≈ $281.10 Million |
+20.03% |
| 2017-12-31 | CN¥1.60 Billion ≈ $234.19 Million |
+71.76% |
| 2016-12-31 | CN¥931.76 Million ≈ $136.35 Million |
+29.46% |
| 2015-12-31 | CN¥719.71 Million ≈ $105.32 Million |
+19.59% |
| 2014-12-31 | CN¥601.81 Million ≈ $88.06 Million |
+16.64% |
| 2013-12-31 | CN¥515.95 Million ≈ $75.50 Million |
+26.54% |
| 2012-12-31 | CN¥407.74 Million ≈ $59.66 Million |
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About Shenzhen Sunxing Light Alloys
Shenzhen SunXing Light Alloys Materials Co.,Ltd. develops, produces, and sells light alloy materials in China. The company offers aluminum and magnesium alloy materials for use in various fields, such as military, aerospace, navigation, rail transit. Shenzhen SunXing Light Alloys Materials Co.,Ltd. was founded in 1992 and is based in Shenzhen, China.