Qingdao Daneng Environmental Protection Equipment Co Ltd
Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China. The company provides slag energy saving and environmental protection treatment systems, such as dry slag and wet slag, and CFB boiler slag treatment systems; flue gas energy saving and environmental protection treatment systems;… Read more
Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) - Total Assets
Latest total assets as of September 2025: CN¥2.84 Billion CNY
Based on the latest financial reports, Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) holds total assets worth CN¥2.84 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.
Qingdao Daneng Environmental Protection Equipment Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Qingdao Daneng Environmental Protection Equipment Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qingdao Daneng Environmental Protection Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Daneng Environmental Protection Equipment Co Ltd's total assets of CN¥2.84 Billion consist of 78.8% current assets and 21.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.6% |
| Accounts Receivable | CN¥992.48 Million | 32.3% |
| Inventory | CN¥982.62 Million | 32.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥133.70 Million | 4.4% |
| Goodwill | CN¥323.87K | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Qingdao Daneng Environmental Protection Equipment 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: Qingdao Daneng Environmental Protection Equipment Co Ltd's current assets represent 78.8% of total assets in 2024, a decrease from 88.0% in 2017.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, down from 15.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 32.3% of total assets.
Qingdao Daneng Environmental Protection Equipment Co Ltd Competitors by Total Assets
Key competitors of Qingdao Daneng Environmental Protection Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Qingdao Daneng Environmental Protection Equipment 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
Moderate asset utilization - Qingdao Daneng Environmental Protection Equipment Co Ltd generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Qingdao Daneng Environmental Protection Equipment Co Ltd generates $ 3.02 in net profit.
Qingdao Daneng Environmental Protection Equipment 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 | 1.28 | 1.36 | 1.58 |
| Quick Ratio | 0.82 | 0.87 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥461.11 Million | CN¥ 548.01 Million | CN¥ 341.98 Million |
Qingdao Daneng Environmental Protection Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Daneng Environmental Protection Equipment 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 | 3.13 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 59.7% |
| Total Assets | CN¥3.08 Billion |
| Market Capitalization | $294.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Daneng Environmental Protection Equipment Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qingdao Daneng Environmental Protection Equipment Co Ltd's assets grew by 59.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2024)
The table below shows the annual total assets of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.08 Billion | +59.66% |
| 2023-12-31 | CN¥1.93 Billion | +14.17% |
| 2022-12-31 | CN¥1.69 Billion | +19.36% |
| 2021-12-31 | CN¥1.41 Billion | +27.07% |
| 2020-12-31 | CN¥1.11 Billion | +7.69% |
| 2019-12-31 | CN¥1.03 Billion | +9.77% |
| 2018-12-31 | CN¥941.15 Million | +7.59% |
| 2017-12-31 | CN¥874.73 Million | -- |