Shandong Fiberglass Group Co Ltd
Shandong Fiberglass Group Co., Ltd engages in the research and development, production, and sale of glass fiber and related products in China and internationally. The company operates in two segments, Glass Fiber Business and Thermoelectric Business. It provides fiberglass direct roving, fiberglass yarn, fiberglass roving, wet-laid tissue, chopped strands, direct roving, fiberglass wet-laid mat, … Read more
Shandong Fiberglass Group Co Ltd (605006) - Total Assets
Latest total assets as of September 2025: CN¥7.66 Billion CNY
Based on the latest financial reports, Shandong Fiberglass Group Co Ltd (605006) holds total assets worth CN¥7.66 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.
Shandong Fiberglass Group Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Shandong Fiberglass Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Fiberglass Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Fiberglass Group Co Ltd's total assets of CN¥7.66 Billion consist of 25.3% current assets and 74.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.2% |
| Accounts Receivable | CN¥579.14 Million | 8.1% |
| Inventory | CN¥533.69 Million | 7.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥155.37 Million | 2.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Shandong Fiberglass Group 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: Shandong Fiberglass Group Co Ltd's current assets represent 25.3% of total assets in 2024, an increase from 16.9% in 2013.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, up from 5.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 5.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 8.1% of total assets.
Shandong Fiberglass Group Co Ltd Competitors by Total Assets
Key competitors of Shandong Fiberglass Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Shandong Fiberglass Group 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
Lower asset utilization - Shandong Fiberglass Group Co Ltd generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shandong Fiberglass Group Co Ltd is currently not profitable relative to its asset base.
Shandong Fiberglass Group 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 | 0.96 | 0.97 | 0.63 |
| Quick Ratio | 0.70 | 0.76 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-92.17 Million | CN¥ -56.32 Million | CN¥ -661.90 Million |
Shandong Fiberglass Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Fiberglass Group 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 | 2.17 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | CN¥7.14 Billion |
| Market Capitalization | $218.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Fiberglass Group Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Fiberglass Group Co Ltd's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Fiberglass Group Co Ltd (2013–2024)
The table below shows the annual total assets of Shandong Fiberglass Group Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.14 Billion | +7.38% |
| 2023-12-31 | CN¥6.65 Billion | +31.73% |
| 2022-12-31 | CN¥5.05 Billion | -0.70% |
| 2021-12-31 | CN¥5.08 Billion | +12.06% |
| 2020-12-31 | CN¥4.53 Billion | +11.12% |
| 2019-12-31 | CN¥4.08 Billion | +8.04% |
| 2018-12-31 | CN¥3.78 Billion | +18.76% |
| 2017-12-31 | CN¥3.18 Billion | +6.10% |
| 2016-12-31 | CN¥3.00 Billion | +9.79% |
| 2015-12-31 | CN¥2.73 Billion | +15.05% |
| 2014-12-31 | CN¥2.37 Billion | +16.21% |
| 2013-12-31 | CN¥2.04 Billion | -- |