China Cgame Inc.
China CGame, Inc. develops Massively Multiplayer Online Role Playing Game (MMORPG) in China. It focuses on self-developed MMORPGs game titles that are based on China's iconic characters and nostalgic epochs. The company owns two self-developed game engines, Turbo and Apocalypse. It intends to sell prepaid game cards to a range of regional distributors in China; and directly sell game points to pl… Read more
China Cgame Inc. (CCGM) - Total Assets
Latest total assets as of September 2011: $143.47 Million USD
Based on the latest financial reports, China Cgame Inc. (CCGM) holds total assets worth $143.47 Million USD as of September 2011.
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.
China Cgame Inc. - Total Assets Trend (2002–2010)
This chart illustrates how China Cgame Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Cgame Inc. - Asset Composition Analysis
Current Asset Composition (December 2010)
China Cgame Inc.'s total assets of $143.47 Million consist of 81.2% current assets and 18.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $107.80 Million | 74.1% |
| Inventory | $30.12K | 0.0% |
| Property, Plant & Equipment | $2.92 Million | 2.0% |
| Intangible Assets | $167.81K | 0.1% |
| Goodwill | $23.77 Million | 16.4% |
Asset Composition Trend (2002–2010)
This chart illustrates how China Cgame 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Cgame Inc.'s current assets represent 81.2% of total assets in 2010, a decrease from 97.3% in 2002.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2010, up from 0.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 74.1% of total assets.
China Cgame Inc. Competitors by Total Assets
Key competitors of China Cgame Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
|
Hyundai Engineering & Construction
KO:000720
|
Korea | ₩26.86 Trillion |
China Cgame Inc. - 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 - China Cgame Inc. generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - China Cgame Inc. is currently not profitable relative to its asset base.
China Cgame 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 | 1.09 | 1.64 | 2.01 |
| Quick Ratio | 1.09 | 1.64 | 2.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.22 Million | $ 46.67 Million | $ 22.04 Million |
China Cgame Inc. - Advanced Valuation Insights
This section examines the relationship between China Cgame 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | $145.40 Million |
| Market Capitalization | $99.74 USD |
Valuation Analysis
Below Book Valuation: The market values China Cgame Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China Cgame Inc.'s assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China Cgame Inc. (2002–2010)
The table below shows the annual total assets of China Cgame Inc. from 2002 to 2010.
| Year | Total Assets | Change |
|---|---|---|
| 2010-12-31 | $145.40 Million | -0.79% |
| 2009-12-31 | $146.56 Million | +3.55% |
| 2008-12-31 | $141.54 Million | +47.84% |
| 2007-12-31 | $95.74 Million | +113.41% |
| 2006-12-31 | $44.86 Million | +100.99% |
| 2005-12-31 | $22.32 Million | +19.73% |
| 2004-12-31 | $18.64 Million | +21.10% |
| 2003-12-31 | $15.39 Million | -84.72% |
| 2002-12-31 | $100.77 Million | -- |