Jiangyin Hengrun Heavy
Jiangyin Hengrun Heavy Industries Co., Ltd manufactures and sells precision machinery in China. The company offers wind power flanges, gas turbine components, nuclear components, semiconductor equipment, pressure vessels, offshore oil and gas equipment. It also provides design; and forging and finishing services. The company was founded in 2003 and is headquartered in Jiangyin, China.
Jiangyin Hengrun Heavy (603985) - Total Assets
Latest total assets as of September 2025: CN¥5.57 Billion CNY
Based on the latest financial reports, Jiangyin Hengrun Heavy (603985) holds total assets worth CN¥5.57 Billion CNY 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.
Jiangyin Hengrun Heavy - Total Assets Trend (2012–2024)
This chart illustrates how Jiangyin Hengrun Heavy’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangyin Hengrun Heavy - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangyin Hengrun Heavy's total assets of CN¥5.57 Billion consist of 41.7% current assets and 58.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.2% |
| Accounts Receivable | CN¥808.70 Million | 17.6% |
| Inventory | CN¥606.54 Million | 13.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥112.02 Million | 2.4% |
| Goodwill | CN¥3.85K | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Jiangyin Hengrun Heavy'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: Jiangyin Hengrun Heavy's current assets represent 41.7% of total assets in 2024, a decrease from 63.0% in 2012.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, down from 19.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 17.6% of total assets.
Jiangyin Hengrun Heavy Competitors by Total Assets
Key competitors of Jiangyin Hengrun Heavy based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Jiangyin Hengrun Heavy - 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
Lower asset utilization - Jiangyin Hengrun Heavy generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiangyin Hengrun Heavy is currently not profitable relative to its asset base.
Jiangyin Hengrun Heavy - 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 | 1.28 | 1.60 | 1.46 |
| Quick Ratio | 0.91 | 0.98 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥542.21 Million | CN¥ 707.09 Million | CN¥ 477.12 Million |
Jiangyin Hengrun Heavy - Advanced Valuation Insights
This section examines the relationship between Jiangyin Hengrun Heavy'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 | 2.40 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -7.1% |
| Total Assets | CN¥4.60 Billion |
| Market Capitalization | $606.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangyin Hengrun Heavy's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiangyin Hengrun Heavy's assets decreased by 7.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiangyin Hengrun Heavy (2012–2024)
The table below shows the annual total assets of Jiangyin Hengrun Heavy from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.60 Billion | -7.08% |
| 2023-12-31 | CN¥4.95 Billion | +14.68% |
| 2022-12-31 | CN¥4.31 Billion | +10.83% |
| 2021-12-31 | CN¥3.89 Billion | +44.79% |
| 2020-12-31 | CN¥2.69 Billion | +37.91% |
| 2019-12-31 | CN¥1.95 Billion | +9.85% |
| 2018-12-31 | CN¥1.77 Billion | +42.86% |
| 2017-12-31 | CN¥1.24 Billion | +37.95% |
| 2016-12-31 | CN¥900.48 Million | +9.71% |
| 2015-12-31 | CN¥820.80 Million | -4.91% |
| 2014-12-31 | CN¥863.17 Million | +9.63% |
| 2013-12-31 | CN¥787.35 Million | +0.68% |
| 2012-12-31 | CN¥782.03 Million | -- |