Ningbo Changhong Polymer Scientific & Technical Inc (605008) - Total Assets
Based on the latest financial reports, Ningbo Changhong Polymer Scientific & Technical Inc (605008) holds total assets worth CN¥6.54 Billion CNY (≈ $957.30 Million USD) as of March 2026. 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.
Ningbo Changhong Polymer Scientific & Technical Inc - Total Assets Trend (2016–2025)
This chart illustrates how Ningbo Changhong Polymer Scientific & Technical Inc's total assets have evolved over time, based on quarterly financial data. Also see market value of Ningbo Changhong Polymer Scientific & Te for the company's overall valuation and market capitalisation.
Ningbo Changhong Polymer Scientific & Technical Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Ningbo Changhong Polymer Scientific & Technical Inc's total assets of CN¥6.54 Billion consist of 26.5% current assets and 73.5% non-current assets. Review how much debt does Ningbo Changhong Polymer Scientific & Te carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.5% |
| Accounts Receivable | CN¥499.60 Million | 7.9% |
| Inventory | CN¥327.54 Million | 5.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥302.39 Million | 4.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Ningbo Changhong Polymer Scientific & Technical Inc'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. See Ningbo Changhong Polymer Scientific & Te share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Changhong Polymer Scientific & Technical Inc's current assets represent 26.5% of total assets in 2025, an increase from 25.3% in 2016.
- Cash Position: Cash and equivalents constituted 5.5% of total assets in 2025, up from 5.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 7.9% of total assets.
Ningbo Changhong Polymer Scientific & Technical Inc Competitors by Total Assets
Key competitors of Ningbo Changhong Polymer Scientific & Technical Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256
|
China | CN¥5.89 Billion |
|
China Minmetals Rare Earth Co Ltd
SHE:000831
|
China | CN¥5.82 Billion |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
|
China | CN¥23.70 Billion |
|
Shandong Dawn Polymer Co Ltd
SHE:002838
|
China | CN¥8.74 Billion |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
China | CN¥2.34 Billion |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658
|
China | CN¥2.90 Billion |
|
Guangdong Delian Group Co Ltd
SHE:002666
|
China | CN¥5.41 Billion |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
China | CN¥1.20 Billion |
Ningbo Changhong Polymer Scientific & Technical Inc - 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 | 0.62 | 0.51 | 1.80 |
| Quick Ratio | 0.49 | 0.42 | 1.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.05 Billion | CN¥-1.47 Billion | CN¥544.04 Million |
Ningbo Changhong Polymer Scientific & Technical Inc - Advanced Valuation Insights
This section examines the relationship between Ningbo Changhong Polymer Scientific & Technical Inc'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 | 3.90 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 22.5% |
| Total Assets | CN¥6.32 Billion |
| Market Capitalization | $1.35 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Changhong Polymer Scientific & Technical Inc's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Changhong Polymer Scientific & Technical Inc's assets grew by 22.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2025)
The table below shows the annual total assets of Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.32 Billion ≈ $925.27 Million |
+22.53% |
| 2024-12-31 | CN¥5.16 Billion ≈ $755.16 Million |
+9.84% |
| 2023-12-31 | CN¥4.70 Billion ≈ $687.50 Million |
+23.31% |
| 2022-12-31 | CN¥3.81 Billion ≈ $557.54 Million |
+11.40% |
| 2021-12-31 | CN¥3.42 Billion ≈ $500.50 Million |
+49.91% |
| 2020-12-31 | CN¥2.28 Billion ≈ $333.87 Million |
+72.10% |
| 2019-12-31 | CN¥1.33 Billion ≈ $194.00 Million |
+31.40% |
| 2018-12-31 | CN¥1.01 Billion ≈ $147.65 Million |
+49.63% |
| 2017-12-31 | CN¥674.33 Million ≈ $98.68 Million |
+19.96% |
| 2016-12-31 | CN¥562.13 Million ≈ $82.26 Million |
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About Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc., together with its subsidiaries, engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China and internationally. The company offers styrene-butadiene-styrene (SBS) block copolymers for polymer modifiers, adhesives, asphalt modifiers, and rubber products; styrene-ethylene-butylene-styrene (SEB… Read more