Changzhou Fusion New Material Co. Ltd. A
Changzhou Fusion New Material Co., Ltd. engages in the research and development, production, and sale of conductive silver paste, electronic component paste, conductive adhesive, and semiconductor materials for photovoltaic industry in China and internationally. The company manufactures special electronic and metal materials; optoelectronic devices; synthetic materials; electronic raw materials a… Read more
Changzhou Fusion New Material Co. Ltd. A (688503) - Total Assets
Latest total assets as of June 2025: CN¥9.46 Billion CNY
Based on the latest financial reports, Changzhou Fusion New Material Co. Ltd. A (688503) holds total assets worth CN¥9.46 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.
Changzhou Fusion New Material Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how Changzhou Fusion New Material Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Changzhou Fusion New Material Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Changzhou Fusion New Material Co. Ltd. A's total assets of CN¥9.46 Billion consist of 85.2% current assets and 14.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.8% |
| Accounts Receivable | CN¥2.02 Billion | 25.3% |
| Inventory | CN¥929.46 Million | 11.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥108.79 Million | 1.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Changzhou Fusion New Material 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: Changzhou Fusion New Material Co. Ltd. A's current assets represent 85.2% of total assets in 2024, a decrease from 94.2% in 2020.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 2.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 25.3% of total assets.
Changzhou Fusion New Material Co. Ltd. A Competitors by Total Assets
Key competitors of Changzhou Fusion New Material Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Changzhou Fusion New Material 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
Strong asset utilization - Changzhou Fusion New Material Co. Ltd. A generates 1.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Changzhou Fusion New Material Co. Ltd. A generates $5.24 in net profit.
Changzhou Fusion New Material 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 | 1.71 | 1.98 | 2.65 |
| Quick Ratio | 1.50 | 1.63 | 2.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.31 Billion | CN¥ 3.84 Billion | CN¥ 3.97 Billion |
Changzhou Fusion New Material Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Changzhou Fusion New Material 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 | 4.55 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | CN¥7.98 Billion |
| Market Capitalization | $1.93 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Changzhou Fusion New Material Co. Ltd. A's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Changzhou Fusion New Material Co. Ltd. A's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Changzhou Fusion New Material Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Changzhou Fusion New Material Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.98 Billion | +6.41% |
| 2023-12-31 | CN¥7.50 Billion | +28.99% |
| 2022-12-31 | CN¥5.81 Billion | +102.85% |
| 2021-12-31 | CN¥2.86 Billion | +92.34% |
| 2020-12-31 | CN¥1.49 Billion | -- |