Road Environment Technology Co. Ltd. A
Road Biology Environmental Protection Technology Co., Ltd. provides solid wastewater treatment and disposal services in China. It offers river and lake slit, engineering mud, industrial slag and sludge, and municipal sludge treatment services. The company was formerly known as Road Environment Technology Co.,Ltd. and changed its name to Road Biology Environmental Protection Technology Co., Ltd. i… Read more
Road Environment Technology Co. Ltd. A (688156) - Total Assets
Latest total assets as of June 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, Road Environment Technology Co. Ltd. A (688156) holds total assets worth CN¥1.69 Billion CNY as of June 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.
Road Environment Technology Co. Ltd. A - Total Assets Trend (2019–2024)
This chart illustrates how Road Environment Technology Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Road Environment Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Road Environment Technology Co. Ltd. A's total assets of CN¥1.69 Billion consist of 38.0% current assets and 62.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.1% |
| Accounts Receivable | CN¥198.12 Million | 11.5% |
| Inventory | CN¥112.82 Million | 6.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥132.06 Million | 7.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Road Environment Technology Co. Ltd. A'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: Road Environment Technology Co. Ltd. A's current assets represent 38.0% of total assets in 2024, a decrease from 56.3% in 2019.
- Cash Position: Cash and equivalents constituted 13.1% of total assets in 2024, down from 18.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 5.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 11.5% of total assets.
Road Environment Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Road Environment Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Road Environment Technology Co. Ltd. A - 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
Lower asset utilization - Road Environment Technology Co. Ltd. A generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Road Environment Technology Co. Ltd. A is currently not profitable relative to its asset base.
Road Environment Technology Co. Ltd. A - 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 | 1.15 | 1.46 | 4.63 |
| Quick Ratio | 0.97 | 1.26 | 4.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥74.93 Million | CN¥ 223.16 Million | CN¥ 561.03 Million |
Road Environment Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Road Environment Technology Co. Ltd. A'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 | 2.82 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 8.6% |
| Total Assets | CN¥1.73 Billion |
| Market Capitalization | $208.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Road Environment Technology Co. Ltd. A's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Road Environment Technology Co. Ltd. A's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Road Environment Technology Co. Ltd. A (2019–2024)
The table below shows the annual total assets of Road Environment Technology Co. Ltd. A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion | +8.55% |
| 2023-12-31 | CN¥1.59 Billion | +32.84% |
| 2022-12-31 | CN¥1.20 Billion | +19.11% |
| 2021-12-31 | CN¥1.00 Billion | +14.31% |
| 2020-12-31 | CN¥878.79 Million | +66.79% |
| 2019-12-31 | CN¥526.87 Million | -- |