Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) - Total Assets

Latest as of March 2026: CN¥2.91 Billion CNY ≈ $425.66 Million USD

Based on the latest financial reports, Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) holds total assets worth CN¥2.91 Billion CNY (≈ $425.66 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 Qingdao Daneng Environmental Protection investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Qingdao Daneng Environmental Protection Equipment Co Ltd - Total Assets Trend (2017–2025)

This chart illustrates how Qingdao Daneng Environmental Protection Equipment Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 688501 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Qingdao Daneng Environmental Protection Equipment Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Qingdao Daneng Environmental Protection Equipment Co Ltd's total assets of CN¥2.91 Billion consist of 74.8% current assets and 25.2% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	13.0%
Accounts Receivable	CN¥634.94 Million	22.3%
Inventory	CN¥731.28 Million	25.6%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥135.92 Million	4.8%
Goodwill	CN¥323.87K	0.0%

Asset Composition Trend (2017–2025)

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. For live market cap, price, and company overview, see 688501 stock market capitalisation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Qingdao Daneng Environmental Protection Equipment Co Ltd's current assets represent 74.8% of total assets in 2025, a decrease from 88.0% in 2017.
Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, 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 inventory at 25.6% 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
Sandvik AB ST:SAND	Sweden	Skr182.23 Billion
Vestas Wind Systems A/S F:VWSA	Germany	€26.71 Billion
Jiangsu Hengli Hydraulic Co Ltd SHG:601100	China	CN¥21.01 Billion
Beijing Roborock Technology Co Ltd SHG:688169	China	CN¥19.59 Billion
Zhuhai Bojay Electronics Co Ltd SHE:002975	China	CN¥3.35 Billion
Hpsp Co Ltd KQ:403870	Korea	₩339.70 Billion
Jack Sewing SHG:603337	China	CN¥8.75 Billion
Hefei Metalforming Mach Tool SHG:603011	China	CN¥4.66 Billion

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	1.40	1.26	1.64
Quick Ratio	0.91	0.82	1.13
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥619.29 Million	CN¥426.39 Million	CN¥358.17 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	2.72
Latest Market Cap to Assets Ratio	0.14
Asset Growth Rate (YoY)	-7.3%
Total Assets	CN¥2.85 Billion
Market Capitalization	$394.28 Million USD

Valuation Analysis

Below Book Valuation: The market values Qingdao Daneng Environmental Protection Equipment Co Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Qingdao Daneng Environmental Protection Equipment Co Ltd's assets decreased by 7.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)

The table below shows the annual total assets of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥2.85 Billion ≈ $417.43 Million	-7.26%
2024-12-31	CN¥3.08 Billion ≈ $450.09 Million	+59.66%
2023-12-31	CN¥1.93 Billion ≈ $281.91 Million	+14.17%
2022-12-31	CN¥1.69 Billion ≈ $246.92 Million	+19.36%
2021-12-31	CN¥1.41 Billion ≈ $206.87 Million	+27.07%
2020-12-31	CN¥1.11 Billion ≈ $162.79 Million	+7.69%
2019-12-31	CN¥1.03 Billion ≈ $151.17 Million	+9.77%
2018-12-31	CN¥941.15 Million ≈ $137.72 Million	+7.59%
2017-12-31	CN¥874.73 Million ≈ $128.00 Million	--

About Qingdao Daneng Environmental Protection Equipment Co Ltd

SHG:688501 China Specialty Industrial Machinery

Market Cap

$394.28 Million

CN¥2.69 Billion CNY

Market Cap Rank

#13663 Global

#4121 in China

Share Price

CN¥21.69

Change (1 day)

-2.30%

52-Week Range

CN¥20.72 - CN¥32.70

All Time High

CN¥32.70