Springsnow Food Group Co Ltd (605567) - Total Assets
Based on the latest financial reports, Springsnow Food Group Co Ltd (605567) holds total assets worth CN¥2.26 Billion CNY (≈ $330.76 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 what is Springsnow Food Group Co Ltd's book value for net asset value and shareholders' equity analysis.
Springsnow Food Group Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Springsnow Food Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Springsnow Food Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Springsnow Food Group Co Ltd's total assets of CN¥2.26 Billion consist of 42.2% current assets and 57.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.3% |
| Accounts Receivable | CN¥147.46 Million | 6.8% |
| Inventory | CN¥337.71 Million | 15.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥49.45 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Springsnow Food 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. For live market cap, price, and company overview, see how much is Springsnow Food Group Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Springsnow Food Group Co Ltd's current assets represent 42.2% of total assets in 2024, an increase from 41.2% in 2017.
- Cash Position: Cash and equivalents constituted 19.3% of total assets in 2024, up from 7.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 15.5% of total assets.
Springsnow Food Group Co Ltd Competitors by Total Assets
Key competitors of Springsnow Food Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.83 Billion |
|
Orkla ASA
OL:ORK
|
Norway | Nkr88.70 Billion |
|
New Hope Dairy Co Ltd
SHE:002946
|
China | CN¥9.38 Billion |
|
Zhe Jiang Li Zi Yuan Food Co Ltd
SHG:605337
|
China | CN¥3.20 Billion |
|
DXN HOLDINGS BHD.
KLSE:5318
|
Malaysia | RM2.00 Billion |
|
Tangrenshen Group Co Ltd
SHE:002567
|
China | CN¥17.90 Billion |
|
Haoxiangni Jujube Co Ltd
SHE:002582
|
China | CN¥4.50 Billion |
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
China | CN¥4.04 Billion |
Springsnow Food 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 | 0.90 | 0.91 | 0.97 |
| Quick Ratio | 0.59 | 0.59 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-112.82 Million | CN¥-106.19 Million | CN¥-21.93 Million |
Springsnow Food Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Springsnow Food 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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | CN¥2.18 Billion |
| Market Capitalization | $331.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values Springsnow Food Group Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Springsnow Food Group Co Ltd's assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Springsnow Food Group Co Ltd (2017–2024)
The table below shows the annual total assets of Springsnow Food Group Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.18 Billion ≈ $318.59 Million |
-0.77% |
| 2023-12-31 | CN¥2.19 Billion ≈ $321.07 Million |
+10.85% |
| 2022-12-31 | CN¥1.98 Billion ≈ $289.66 Million |
+24.08% |
| 2021-12-31 | CN¥1.60 Billion ≈ $233.45 Million |
+46.02% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.88 Million |
+1.18% |
| 2019-12-31 | CN¥1.08 Billion ≈ $158.01 Million |
+12.63% |
| 2018-12-31 | CN¥958.72 Million ≈ $140.29 Million |
+15.62% |
| 2017-12-31 | CN¥829.20 Million ≈ $121.34 Million |
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About Springsnow Food Group Co Ltd
Springsnow Food Group Co., Ltd., together with its subsidiaries, engages in the research and development, production, processing, and sale of white-feather chicken foods. The company primarily offers charcoal grilled, fried, electric grilled, steamed grilled, non-fried, and other frozen and room temperature conditioning products, as well as chicken preparations and fresh products. In addition, it… Read more