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¥6.33 Billion CNY (≈ $926.34 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 605008 net asset value for net asset value and shareholders' equity analysis.
Ningbo Changhong Polymer Scientific & Technical Inc - Total Assets Trend (2016–2024)
This chart illustrates how Ningbo Changhong Polymer Scientific & Technical Inc's total assets have evolved over time, based on quarterly financial data.
Ningbo Changhong Polymer Scientific & Technical Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Changhong Polymer Scientific & Technical Inc's total assets of CN¥6.33 Billion consist of 27.4% current assets and 72.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.4% |
| Accounts Receivable | CN¥737.52 Million | 14.3% |
| Inventory | CN¥231.62 Million | 4.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥273.06 Million | 5.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
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. For live market cap, price, and company overview, see 605008 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Changhong Polymer Scientific & Technical Inc's current assets represent 27.4% of total assets in 2024, an increase from 25.3% in 2016.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, up from 5.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 14.3% 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 |
|---|---|---|
|
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 |
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 | 0.69 | 0.71 | 3.02 |
| Quick Ratio | 0.57 | 0.56 | 2.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-800.48 Million | CN¥-638.40 Million | CN¥837.00 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 | 4.20 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 9.8% |
| Total Assets | CN¥5.16 Billion |
| Market Capitalization | $1.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Changhong Polymer Scientific & Technical Inc's assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Changhong Polymer Scientific & Technical Inc's assets grew by 9.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2024)
The table below shows the annual total assets of Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.