X2M Connect Ltd
X2M Connect Limited, a technology company, engages in the utility sector in South Korea, Taiwan, and internationally. It is involved in activities, such as gas monitoring and control; water monitoring and control; energy monitoring, control, and optimization; and data collection and delivery for artificial intelligence and data analytics applications. The company was incorporated in 2019 and is b… Read more
X2M Connect Ltd (X2M) - Total Assets
Latest total assets as of December 2025: AU$4.78 Million AUD
Based on the latest financial reports, X2M Connect Ltd (X2M) holds total assets worth AU$4.78 Million AUD as of December 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.
X2M Connect Ltd - Total Assets Trend (2019–2025)
This chart illustrates how X2M Connect Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
X2M Connect Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
X2M Connect Ltd's total assets of AU$4.78 Million consist of 85.8% current assets and 14.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.69 Million | 32.0% |
| Accounts Receivable | AU$558.20K | 11.0% |
| Inventory | AU$95.16K | 1.9% |
| Property, Plant & Equipment | AU$278.08K | 5.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how X2M Connect 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: X2M Connect Ltd's current assets represent 85.8% of total assets in 2025, an increase from 46.6% in 2019.
- Cash Position: Cash and equivalents constituted 32.0% of total assets in 2025, up from 0.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is cash and equivalents at 32.0% of total assets.
X2M Connect Ltd Competitors by Total Assets
Key competitors of X2M Connect Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
X2M Connect 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
Strong asset utilization - X2M Connect Ltd generates 1.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - X2M Connect Ltd is currently not profitable relative to its asset base.
X2M Connect 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 | 0.50 | 0.59 | 0.36 |
| Quick Ratio | 0.49 | 0.58 | 0.28 |
| Cash Ratio | 0.00 | 0.06 | 0.05 |
| Working Capital | AU$-4.03 Million | AU$ -5.01 Million | AU$ -6.22 Million |
X2M Connect Ltd - Advanced Valuation Insights
This section examines the relationship between X2M Connect 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 | 26.55 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -62.6% |
| Total Assets | AU$5.06 Million |
| Market Capitalization | $1.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values X2M Connect Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: X2M Connect Ltd's assets decreased by 62.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for X2M Connect Ltd (2019–2025)
The table below shows the annual total assets of X2M Connect Ltd from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$5.06 Million | -62.61% |
| 2024-06-30 | AU$13.52 Million | -4.62% |
| 2023-06-30 | AU$14.18 Million | +73.45% |
| 2022-06-30 | AU$8.17 Million | +17.83% |
| 2021-06-30 | AU$6.94 Million | +26.26% |
| 2020-06-30 | AU$5.49 Million | +38.10% |
| 2019-06-30 | AU$3.98 Million | -- |