China Literature Limited
China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. It operates through Online business, and Intellectual Property Operations and Others segments. The company is involved in the business of online text, online advertising, and game publishing, as well as comics and audio books reading via self-owned platforms under the… Read more
China Literature Limited (CHLLF) - Total Assets
Latest total assets as of June 2025: $23.20 Billion USD
Based on the latest financial reports, China Literature Limited (CHLLF) holds total assets worth $23.20 Billion USD as of June 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.
China Literature Limited - Total Assets Trend (2014–2024)
This chart illustrates how China Literature Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Literature Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
China Literature Limited's total assets of $23.20 Billion consist of 50.0% current assets and 50.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.2% |
| Accounts Receivable | $2.16 Billion | 9.4% |
| Inventory | $693.04 Million | 3.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $632.26 Million | 2.8% |
| Goodwill | $5.53 Billion | 24.1% |
Asset Composition Trend (2014–2024)
This chart illustrates how China Literature 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: China Literature Limited's current assets represent 50.0% of total assets in 2024, an increase from 21.3% in 2014.
- Cash Position: Cash and equivalents constituted 14.2% of total assets in 2024, up from 13.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, a decrease from 76.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 24.1% of total assets.
China Literature Limited Competitors by Total Assets
Key competitors of China Literature Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
China Literature 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
Lower asset utilization - China Literature Limited generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - China Literature Limited is currently not profitable relative to its asset base.
China Literature 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 | 2.93 | 2.42 | 2.92 |
| Quick Ratio | 2.75 | 2.28 | 2.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.22 Billion | $ 6.99 Billion | $ 7.91 Billion |
China Literature Limited - Advanced Valuation Insights
This section examines the relationship between China Literature 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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -1.0% |
| Total Assets | $22.95 Billion |
| Market Capitalization | $1.41 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Literature Limited's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China Literature Limited's assets decreased by 1.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China Literature Limited (2014–2024)
The table below shows the annual total assets of China Literature Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $22.95 Billion | -1.05% |
| 2023-12-31 | $23.19 Billion | +2.00% |
| 2022-12-31 | $22.73 Billion | -2.42% |
| 2021-12-31 | $23.30 Billion | +9.30% |
| 2020-12-31 | $21.32 Billion | -18.80% |
| 2019-12-31 | $26.25 Billion | -5.69% |
| 2018-12-31 | $27.83 Billion | +83.88% |
| 2017-12-31 | $15.14 Billion | +112.25% |
| 2016-12-31 | $7.13 Billion | +11.76% |
| 2015-12-31 | $6.38 Billion | -0.04% |
| 2014-12-31 | $6.38 Billion | -- |