Zhejiang Fulai New Material Co.Ltd. (605488) - Total Assets
Based on the latest financial reports, Zhejiang Fulai New Material Co.Ltd. (605488) holds total assets worth CN¥3.70 Billion CNY (≈ $541.46 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 net assets of Zhejiang Fulai New Material Co.Ltd. for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Zhejiang Fulai New Material Co.Ltd. market cap and net worth.
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 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 |
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 | 0.40 |
| Asset Growth Rate (YoY) | 21.2% |
| Total Assets | CN¥3.50 Billion |
| Market Capitalization | $1.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Fulai New Material Co.Ltd.'s assets below their book value (0.40x), 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 ≈ $512.71 Million |
+21.20% |
| 2023-12-31 | CN¥2.89 Billion ≈ $423.04 Million |
+55.30% |
| 2022-12-31 | CN¥1.86 Billion ≈ $272.41 Million |
+16.60% |
| 2021-12-31 | CN¥1.60 Billion ≈ $233.64 Million |
+96.47% |
| 2020-12-31 | CN¥812.66 Million ≈ $118.92 Million |
+25.54% |
| 2019-12-31 | CN¥647.35 Million ≈ $94.73 Million |
+3.40% |
| 2018-12-31 | CN¥626.09 Million ≈ $91.62 Million |
-0.45% |
| 2017-12-31 | CN¥628.95 Million ≈ $92.03 Million |
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About Zhejiang Fulai New Material Co.Ltd.
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