Road Environment Technology Co. Ltd. A (688156) - Total Assets
Based on the latest financial reports, Road Environment Technology Co. Ltd. A (688156) holds total assets worth CN¥1.91 Billion CNY (≈ $279.38 Million USD) as of March 2026. 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. Check how aggressively does Road Environment Technology Co. Ltd. A reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Road Environment Technology Co. Ltd. A - Total Assets Trend (2019–2025)
This chart illustrates how Road Environment Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. Check 688156 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Road Environment Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2025)
Road Environment Technology Co. Ltd. A's total assets of CN¥1.91 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 | 16.3% |
| Accounts Receivable | CN¥192.53 Million | 10.0% |
| Inventory | CN¥108.46 Million | 5.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥163.92 Million | 8.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2025)
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. For live market cap, price, and company overview, see 688156 stock market capitalisation.
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 2025, a decrease from 56.3% in 2019.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2025, down from 18.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 5.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 10.0% 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 |
|---|---|---|
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
Brazil | R$17.74 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3
|
Brazil | R$95.99 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Hynar Water Group Co. Ltd.
SHE:300961
|
China | CN¥2.46 Billion |
|
AS Tallinna Vesi
F:A1T
|
Germany | €364.57 Million |
|
Duxton Water Ltd
AU:D2O
|
Australia | AU$234.21 Million |
|
Eastern Water Resources Development and Management Public Company Limited
F:7ES1
|
Germany | €27.79 Billion |
|
Clean TEQ Water Ltd
AU:CNQ
|
Australia | AU$16.94 Million |
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 | 0.88 | 1.37 | 4.63 |
| Quick Ratio | 0.76 | 1.12 | 4.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-95.99 Million | CN¥164.51 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 | 3.34 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | CN¥1.92 Billion |
| Market Capitalization | $432.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Road Environment Technology Co. Ltd. A's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Road Environment Technology Co. Ltd. A's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Road Environment Technology Co. Ltd. A (2019–2025)
The table below shows the annual total assets of Road Environment Technology Co. Ltd. A from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.92 Billion ≈ $281.08 Million |
+11.33% |
| 2024-12-31 | CN¥1.73 Billion ≈ $252.48 Million |
+8.55% |
| 2023-12-31 | CN¥1.59 Billion ≈ $232.58 Million |
+32.84% |
| 2022-12-31 | CN¥1.20 Billion ≈ $175.09 Million |
+19.11% |
| 2021-12-31 | CN¥1.00 Billion ≈ $147.00 Million |
+14.31% |
| 2020-12-31 | CN¥878.79 Million ≈ $128.60 Million |
+66.79% |
| 2019-12-31 | CN¥526.87 Million ≈ $77.10 Million |
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About 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