Xiwang Special Steel Company Limited
Xiwang Special Steel Company Limited, together with its subsidiaries, engages in the manufacture and sale of electric arc furnace-based special steel products in China. The company operates through four segments: Ordinary Steel, Special Steel, Trading of Commodities, and By-Products. It produces ordinary steel products, such as rebars primarily for use in building construction and infrastructure … Read more
Xiwang Special Steel Company Limited (2XI) - Total Assets
Latest total assets as of December 2022: €15.07 Billion EUR
Based on the latest financial reports, Xiwang Special Steel Company Limited (2XI) holds total assets worth €15.07 Billion EUR as of December 2022.
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.
Xiwang Special Steel Company Limited - Total Assets Trend (2013–2022)
This chart illustrates how Xiwang Special Steel Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xiwang Special Steel Company Limited - Asset Composition Analysis
Current Asset Composition (December 2022)
Xiwang Special Steel Company Limited's total assets of €15.07 Billion consist of 19.5% current assets and 80.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.1% |
| Accounts Receivable | €31.06 Million | 0.2% |
| Inventory | €2.23 Billion | 14.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €579.74 Million | 3.9% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2022)
This chart illustrates how Xiwang Special Steel Company Limited'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: Xiwang Special Steel Company Limited's current assets represent 19.5% of total assets in 2022, a decrease from 24.0% in 2013.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2022, up from 0.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 14.8% of total assets.
Xiwang Special Steel Company Limited Competitors by Total Assets
Key competitors of Xiwang Special Steel Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Xiwang Special Steel Company Limited - 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 - Xiwang Special Steel Company Limited generates 0.96x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Xiwang Special Steel Company Limited is currently not profitable relative to its asset base.
Xiwang Special Steel Company Limited - 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 | 0.31 | 0.40 | 0.35 |
| Quick Ratio | 0.07 | 0.09 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-6.55 Billion | € -6.11 Billion | € -3.54 Billion |
Xiwang Special Steel Company Limited - Advanced Valuation Insights
This section examines the relationship between Xiwang Special Steel Company Limited'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.8% |
| Total Assets | €15.07 Billion |
| Market Capitalization | $64.01K USD |
Valuation Analysis
Below Book Valuation: The market values Xiwang Special Steel Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xiwang Special Steel Company Limited's assets decreased by 6.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xiwang Special Steel Company Limited (2013–2022)
The table below shows the annual total assets of Xiwang Special Steel Company Limited from 2013 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €15.07 Billion | -6.80% |
| 2021-12-31 | €16.17 Billion | +5.20% |
| 2020-12-31 | €15.37 Billion | +14.32% |
| 2019-12-31 | €13.45 Billion | -6.61% |
| 2018-12-31 | €14.40 Billion | +13.65% |
| 2017-12-31 | €12.67 Billion | +6.18% |
| 2016-12-31 | €11.93 Billion | +2.49% |
| 2015-12-31 | €11.64 Billion | +3.59% |
| 2014-12-31 | €11.24 Billion | +7.96% |
| 2013-12-31 | €10.41 Billion | -- |