Zhejiang Fulai New Material Co.Ltd.

SHG:605488 China Specialty Chemicals
Market Cap
$1.45 Billion
CN¥10.62 Billion CNY
Market Cap Rank
#9517 Global
#1967 in China
Share Price
CN¥37.89
Change (1 day)
+1.07%
52-Week Range
CN¥29.41 - CN¥52.83
All Time High
CN¥62.50
About

Zhejiang Fulai New Material Co.,Ltd., together with its subsidiaries, researches, develops, produces, and sells functional coating composite products in China and internationally. It operates through Advertising Inkjet Printing Materials; Label Identification Printed Materials; Electronic Grade Functional Materials; Functional Basement Membrane Material; and Other segments. The company offers adv… Read more

Zhejiang Fulai New Material Co.Ltd. (605488) - Total Assets

Latest total assets as of September 2025: CN¥3.70 Billion CNY

Based on the latest financial reports, Zhejiang Fulai New Material Co.Ltd. (605488) holds total assets worth CN¥3.70 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.

Zhejiang Fulai New Material Co.Ltd. - Total Assets Trend (2017–2024)

This chart illustrates how Zhejiang Fulai New Material Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Fulai New Material Co.Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Fulai New Material Co.Ltd.'s total assets of CN¥3.70 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 9.6%
Accounts Receivable CN¥631.15 Million 18.0%
Inventory CN¥255.97 Million 7.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥123.53 Million 3.5%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2017–2024)

This chart illustrates how Zhejiang Fulai New Material 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: Zhejiang Fulai New Material Co.Ltd.'s current assets represent 41.7% of total assets in 2024, a decrease from 64.9% in 2017.
  • Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, down from 16.5% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2017.
  • Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.

Zhejiang Fulai New Material Co.Ltd. Competitors by Total Assets

Key competitors of Zhejiang Fulai New Material Co.Ltd. based on total assets are shown below.

Company Country Total Assets
Akzo Nobel N.V
OTCQX:AKZOF
USA $13.95 Billion
YeSUN Tech Co.Ltd.
KQ:250930
Korea ₩51.65 Billion
Hangzhou Flariant Co Ltd
SHG:605566
China CN¥2.55 Billion
Samhwa Paint
KO:000390
Korea ₩617.09 Billion
DL Holdings CO. LTD.
KO:000210
Korea ₩12.05 Trillion
Norooholdings
KO:000320
Korea ₩1.26 Trillion
Noroo Holdings Co Ltd
KO:000325
Korea ₩1.26 Trillion
Chongqing Sanxia Paints Co Ltd
SHE:000565
China CN¥1.65 Billion

Zhejiang Fulai New Material 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

Historical Range: 0.73 - 1.96

Strong asset utilization - Zhejiang Fulai New Material Co.Ltd. generates 0.73x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.43% - 15.87%

Moderate ROA - For every $100 in assets, Zhejiang Fulai New Material Co.Ltd. generates $ 3.97 in net profit.

Zhejiang Fulai New Material 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 1.01 1.04 1.49
Quick Ratio 0.81 0.84 1.17
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥14.85 Million CN¥ 53.20 Million CN¥ 187.91 Million

Zhejiang Fulai New Material Co.Ltd. - Advanced Valuation Insights

This section examines the relationship between Zhejiang Fulai New Material 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 7.67
Latest Market Cap to Assets Ratio 0.17
Asset Growth Rate (YoY) 21.2%
Total Assets CN¥3.50 Billion
Market Capitalization $585.13 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Fulai New Material Co.Ltd.'s assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Zhejiang Fulai New Material Co.Ltd.'s assets grew by 21.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Zhejiang Fulai New Material Co.Ltd. (2017–2024)

The table below shows the annual total assets of Zhejiang Fulai New Material Co.Ltd. from 2017 to 2024.

Year Total Assets Change
2024-12-31 CN¥3.50 Billion +21.20%
2023-12-31 CN¥2.89 Billion +55.30%
2022-12-31 CN¥1.86 Billion +16.60%
2021-12-31 CN¥1.60 Billion +96.47%
2020-12-31 CN¥812.66 Million +25.54%
2019-12-31 CN¥647.35 Million +3.40%
2018-12-31 CN¥626.09 Million -0.45%
2017-12-31 CN¥628.95 Million --