Bit Origin Ltd
Bit Origin Ltd engages in the cryptocurrency mining business. It deploys crypto asset mining and blockchain technologies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.
Bit Origin Ltd (BTOG) - Total Assets
Latest total assets as of September 2025: $3.54 Million USD
Based on the latest financial reports, Bit Origin Ltd (BTOG) holds total assets worth $3.54 Million USD 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.
Bit Origin Ltd - Total Assets Trend (2016–2025)
This chart illustrates how Bit Origin Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bit Origin Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Bit Origin Ltd's total assets of $3.54 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $2.93 Million | 82.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Bit Origin 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: Bit Origin Ltd's current assets represent 100.0% of total assets in 2025, an increase from 49.6% in 2016.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, up from 0.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 82.7% of total assets.
Bit Origin Ltd Competitors by Total Assets
Key competitors of Bit Origin Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NICE Holdings Co. Ltd
KO:034310
|
Korea | ₩3.83 Trillion |
|
SCI Information Service Inc
KQ:036120
|
Korea | ₩40.82 Billion |
|
FnGuide Inc.
KQ:064850
|
Korea | ₩85.41 Billion |
|
Hithink RoyalFlush Info Network
SHE:300033
|
China | CN¥15.83 Billion |
|
East Money Information Co Ltd
SHE:300059
|
China | CN¥380.25 Billion |
|
CTOS Digital Bhd
KLSE:5301
|
Malaysia | RM822.10 Million |
|
Shanghai DZH Ltd
SHG:601519
|
China | CN¥1.77 Billion |
|
A3 Mercados S.A.
BA:A3
|
Argentina | AR$873.87 Billion |
Bit Origin 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 - Bit Origin Ltd generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bit Origin Ltd is currently not profitable relative to its asset base.
Bit Origin 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 | 9.50 | 2.04 | 1.47 |
| Quick Ratio | 9.50 | 2.04 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.16 Million | $ 2.06 Million | $ 23.32 Million |
Bit Origin Ltd - Advanced Valuation Insights
This section examines the relationship between Bit Origin 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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | -47.1% |
| Total Assets | $3.54 Million |
| Market Capitalization | $2.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bit Origin Ltd's assets below their book value (0.74 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bit Origin Ltd's assets decreased by 47.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bit Origin Ltd (2016–2025)
The table below shows the annual total assets of Bit Origin Ltd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $3.54 Million | -47.10% |
| 2024-06-30 | $6.68 Million | -49.87% |
| 2023-06-30 | $13.34 Million | -61.85% |
| 2022-06-30 | $34.95 Million | -14.49% |
| 2021-06-30 | $40.88 Million | -35.48% |
| 2020-06-30 | $63.35 Million | +23.36% |
| 2019-06-30 | $51.35 Million | +52.24% |
| 2018-06-30 | $33.73 Million | +24.85% |
| 2017-06-30 | $27.02 Million | +75.27% |
| 2016-06-30 | $15.41 Million | -- |