Farasis Energy Gan Zhou Co Ltd
Farasis Energy (Gan Zhou) Co., Ltd. manufactures and sells lithium-ion pouch batteries. It manufactures electrical and equipment machinery; Power battery R&D and sales; sells battery products; promotes technology and application services; sells new energy vehicles; and automotive. In addition, it holds investments, and property. The company was founded in 2009 and is based in Ganzhou, China.
Farasis Energy Gan Zhou Co Ltd (688567) - Total Assets
Latest total assets as of September 2025: CN¥24.52 Billion CNY
Based on the latest financial reports, Farasis Energy Gan Zhou Co Ltd (688567) holds total assets worth CN¥24.52 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.
Farasis Energy Gan Zhou Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Farasis Energy Gan Zhou Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Farasis Energy Gan Zhou Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Farasis Energy Gan Zhou Co Ltd's total assets of CN¥24.52 Billion consist of 48.6% current assets and 51.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.2% |
| Accounts Receivable | CN¥3.17 Billion | 11.9% |
| Inventory | CN¥2.72 Billion | 10.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥625.44 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Farasis Energy Gan Zhou 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: Farasis Energy Gan Zhou Co Ltd's current assets represent 48.6% of total assets in 2024, a decrease from 59.2% in 2016.
- Cash Position: Cash and equivalents constituted 23.2% of total assets in 2024, down from 24.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 9.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 11.9% of total assets.
Farasis Energy Gan Zhou Co Ltd Competitors by Total Assets
Key competitors of Farasis Energy Gan Zhou Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Farasis Energy Gan Zhou 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 - Farasis Energy Gan Zhou Co Ltd generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Farasis Energy Gan Zhou Co Ltd is currently not profitable relative to its asset base.
Farasis Energy Gan Zhou 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 | 1.15 | 1.20 | 2.95 |
| Quick Ratio | 0.82 | 0.99 | 2.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.50 Billion | CN¥ 2.27 Billion | CN¥ 5.92 Billion |
Farasis Energy Gan Zhou Co Ltd - Advanced Valuation Insights
This section examines the relationship between Farasis Energy Gan Zhou 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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -11.7% |
| Total Assets | CN¥26.63 Billion |
| Market Capitalization | $1.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Farasis Energy Gan Zhou Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Farasis Energy Gan Zhou Co Ltd's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Farasis Energy Gan Zhou Co Ltd (2016–2024)
The table below shows the annual total assets of Farasis Energy Gan Zhou Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥26.63 Billion | -11.67% |
| 2023-12-31 | CN¥30.14 Billion | -6.17% |
| 2022-12-31 | CN¥32.13 Billion | +53.45% |
| 2021-12-31 | CN¥20.94 Billion | +35.80% |
| 2020-12-31 | CN¥15.42 Billion | +31.77% |
| 2019-12-31 | CN¥11.70 Billion | +32.21% |
| 2018-12-31 | CN¥8.85 Billion | +311.61% |
| 2017-12-31 | CN¥2.15 Billion | +61.83% |
| 2016-12-31 | CN¥1.33 Billion | -- |