Jilin Joinature Polymer Co Ltd
Jilin Joinature Polymer Co.,Ltd. engages in the research and development, production, and sale of polyetheretherketone raw materials in China. The company offers pure resin pellet, pure resin fine powder, pure resin coarse powder, glass filled fiber reinforced, carbon fiber reinforcement, and super wear resistant products. Its products have applications in the profile, medical, wire and cable, el… Read more
Jilin Joinature Polymer Co Ltd (688716) - Total Assets
Latest total assets as of June 2025: CN¥1.34 Billion CNY
Based on the latest financial reports, Jilin Joinature Polymer Co Ltd (688716) holds total assets worth CN¥1.34 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.
Jilin Joinature Polymer Co Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Jilin Joinature Polymer Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jilin Joinature Polymer Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jilin Joinature Polymer Co Ltd's total assets of CN¥1.34 Billion consist of 73.0% current assets and 27.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 40.8% |
| Accounts Receivable | CN¥43.73 Million | 3.2% |
| Inventory | CN¥145.91 Million | 10.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥71.52 Million | 5.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Jilin Joinature Polymer 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: Jilin Joinature Polymer Co Ltd's current assets represent 73.0% of total assets in 2024, an increase from 64.8% in 2021.
- Cash Position: Cash and equivalents constituted 40.8% of total assets in 2024, up from 27.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 9.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 10.8% of total assets.
Jilin Joinature Polymer Co Ltd Competitors by Total Assets
Key competitors of Jilin Joinature Polymer Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Jilin Joinature Polymer 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
Lower asset utilization - Jilin Joinature Polymer Co Ltd generates 0.20x 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, Jilin Joinature Polymer Co Ltd generates $ 2.90 in net profit.
Jilin Joinature Polymer 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 | 9.35 | 21.80 | 21.80 |
| Quick Ratio | 7.71 | 18.83 | 18.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥802.25 Million | CN¥ 944.40 Million | CN¥ 944.40 Million |
Jilin Joinature Polymer Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jilin Joinature Polymer 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 | 4.10 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CN¥1.35 Billion |
| Market Capitalization | $297.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jilin Joinature Polymer Co Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Jilin Joinature Polymer Co Ltd's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Jilin Joinature Polymer Co Ltd (2021–2024)
The table below shows the annual total assets of Jilin Joinature Polymer Co Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.35 Billion | +8.80% |
| 2023-12-31 | CN¥1.24 Billion | +161.86% |
| 2022-12-31 | CN¥475.42 Million | +21.15% |
| 2021-12-31 | CN¥392.43 Million | -- |