XMax Inc. (XWIN) - Total Assets
Based on the latest financial reports, XMax Inc. (XWIN) holds total assets worth $18.29 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. Explore XWIN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
XMax Inc. - Total Assets Trend (2020–2024)
This chart illustrates how XMax Inc.'s total assets have evolved over time, based on quarterly financial data. See XWIN net assets for net asset value and shareholders' equity analysis.
XMax Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
XMax Inc.'s total assets of $18.29 Million consist of 80.0% current assets and 20.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $53.79K | 0.5% |
| Inventory | $2.82 Million | 28.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.11K | 0.0% |
| Goodwill | $218.61K | 2.2% |
Asset Composition Trend (2020–2024)
This chart illustrates how XMax Inc.'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. For live market cap, price, and company overview, see how much is XMax Inc. worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: XMax Inc.'s current assets represent 80.0% of total assets in 2024, a decrease from 93.2% in 2020.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 18.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 28.5% of total assets.
XMax Inc. Competitors by Total Assets
Key competitors of XMax Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Breville Group Ltd
AU:BRG
|
Australia | AU$1.80 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
China | CN¥1.23 Billion |
|
Opple Lighting Co Ltd
SHG:603515
|
China | CN¥9.27 Billion |
|
HHC Changzhou Corp.
SHE:301061
|
China | CN¥4.95 Billion |
|
Panca Anugrah Wisesa Tbk PT
JK:MGLV
|
Indonesia | Rp203.50 Billion |
|
Whirlpool S.A
SA:WHRL3
|
Brazil | R$10.40 Billion |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
China | CN¥1.42 Billion |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
China | CN¥1.28 Billion |
XMax Inc. - 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 | 2.78 | 0.71 | 1.02 |
| Quick Ratio | 2.27 | 0.15 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.86 Million | $-1.28 Million | $60.06K |
XMax Inc. - Advanced Valuation Insights
This section examines the relationship between XMax Inc.'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 | 28.81 |
| Latest Market Cap to Assets Ratio | 38.92 |
| Asset Growth Rate (YoY) | 59.0% |
| Total Assets | $9.92 Million |
| Market Capitalization | $385.96 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values XMax Inc.'s assets at a significant premium (38.92x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: XMax Inc.'s assets grew by 59.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for XMax Inc. (2020–2024)
The table below shows the annual total assets of XMax Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.92 Million | +58.97% |
| 2023-12-31 | $6.24 Million | -45.91% |
| 2022-12-31 | $11.53 Million | -60.94% |
| 2021-12-31 | $29.53 Million | -36.47% |
| 2020-12-31 | $46.48 Million | -- |
About XMax Inc.
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers North America and internationally. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, e… Read more