Xigem Technologies Corporation
Xigem Technologies Corporation provides technology platform for the remote working economy in Canada. The company offers iAgent, a mobile geo-targeted customer acquisition, conversion, and retention application for matching sales and services with consumers, treatment seekers, and students in various sectors in real-time; and Echo Digital, an AI powered digital sales and marketing platform. Xigem… Read more
Xigem Technologies Corporation (XIGMF) - Total Assets
Latest total assets as of September 2025: $1.39 Million USD
Based on the latest financial reports, Xigem Technologies Corporation (XIGMF) holds total assets worth $1.39 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.
Xigem Technologies Corporation - Total Assets Trend (2018–2024)
This chart illustrates how Xigem Technologies Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xigem Technologies Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Xigem Technologies Corporation's total assets of $1.39 Million consist of 14.8% current assets and 85.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $109.89K | 11.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $783.37K | 80.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Xigem Technologies Corporation'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: Xigem Technologies Corporation's current assets represent 14.8% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2024, down from 31.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 80.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 80.6% of total assets.
Xigem Technologies Corporation Competitors by Total Assets
Key competitors of Xigem Technologies Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Xigem Technologies Corporation - 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 - Xigem Technologies Corporation generates 1.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Xigem Technologies Corporation is currently not profitable relative to its asset base.
Xigem Technologies Corporation - 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 | 0.77 | 0.27 | 0.05 |
| Quick Ratio | 0.77 | 0.27 | 1.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-205.10K | $ -341.96K | $ -124.03K |
Xigem Technologies Corporation - Advanced Valuation Insights
This section examines the relationship between Xigem Technologies Corporation'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 | 8.56 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -6.8% |
| Total Assets | $972.35K |
| Market Capitalization | $544.97K USD |
Valuation Analysis
Below Book Valuation: The market values Xigem Technologies Corporation's assets below their book value (0.56 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xigem Technologies Corporation's assets decreased by 6.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xigem Technologies Corporation (2018–2024)
The table below shows the annual total assets of Xigem Technologies Corporation from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $972.35K | -6.75% |
| 2023-12-31 | $1.04 Million | +69.48% |
| 2022-12-31 | $615.27K | -78.10% |
| 2021-12-31 | $2.81 Million | +47038.17% |
| 2020-12-31 | $5.96K | +4.23% |
| 2019-12-31 | $5.72K | -24.81% |
| 2018-12-31 | $7.61K | -- |