Xinxing Ductile Iron Pipes Co Ltd
Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides steel and iron products in China and internationally. The company offers centrifugal ductile iron pipes and pipe fittings, steel smelting and rolling products, casting products, steel-plastic composite pipes, steel grating, and special steel pipes; water supply, drainage, industrial and mining water, and seawater desal… Read more
Xinxing Ductile Iron Pipes Co Ltd (000778) - Total Assets
Latest total assets as of September 2025: CN¥53.95 Billion CNY
Based on the latest financial reports, Xinxing Ductile Iron Pipes Co Ltd (000778) holds total assets worth CN¥53.95 Billion CNY 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.
Xinxing Ductile Iron Pipes Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Xinxing Ductile Iron Pipes Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinxing Ductile Iron Pipes Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinxing Ductile Iron Pipes Co Ltd's total assets of CN¥53.95 Billion consist of 43.3% current assets and 56.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.0% |
| Accounts Receivable | CN¥8.42 Billion | 15.8% |
| Inventory | CN¥4.96 Billion | 9.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.73 Billion | 5.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Xinxing Ductile Iron Pipes Co 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: Xinxing Ductile Iron Pipes Co Ltd's current assets represent 43.3% of total assets in 2024, a decrease from 62.9% in 1994.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, up from 0.1% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 15.8% of total assets.
Xinxing Ductile Iron Pipes Co Ltd Competitors by Total Assets
Key competitors of Xinxing Ductile Iron Pipes Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
|
Angang Steel Co Ltd Class A
SHE:000898
|
China | CN¥97.49 Billion |
Xinxing Ductile Iron Pipes Co 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
Moderate asset utilization - Xinxing Ductile Iron Pipes Co Ltd generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Xinxing Ductile Iron Pipes Co Ltd generates $ 0.31 in net profit.
Xinxing Ductile Iron Pipes Co 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 | 1.46 | 1.42 | 1.12 |
| Quick Ratio | 1.10 | 1.08 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥7.54 Billion | CN¥ 7.23 Billion | CN¥ 2.92 Billion |
Xinxing Ductile Iron Pipes Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinxing Ductile Iron Pipes Co 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 | 0.75 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | CN¥53.25 Billion |
| Market Capitalization | $1.51 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinxing Ductile Iron Pipes Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Xinxing Ductile Iron Pipes Co Ltd's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Xinxing Ductile Iron Pipes Co Ltd (1994–2024)
The table below shows the annual total assets of Xinxing Ductile Iron Pipes Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥53.25 Billion | -4.11% |
| 2023-12-31 | CN¥55.53 Billion | -0.69% |
| 2022-12-31 | CN¥55.92 Billion | +4.75% |
| 2021-12-31 | CN¥53.38 Billion | +0.36% |
| 2020-12-31 | CN¥53.19 Billion | +7.31% |
| 2019-12-31 | CN¥49.56 Billion | -4.38% |
| 2018-12-31 | CN¥51.84 Billion | +5.72% |
| 2017-12-31 | CN¥49.03 Billion | -0.49% |
| 2016-12-31 | CN¥49.27 Billion | -3.14% |
| 2015-12-31 | CN¥50.87 Billion | -4.51% |
| 2014-12-31 | CN¥53.28 Billion | +4.17% |
| 2013-12-31 | CN¥51.14 Billion | +27.21% |
| 2012-12-31 | CN¥40.20 Billion | +22.89% |
| 2011-12-31 | CN¥32.72 Billion | +22.50% |
| 2010-12-31 | CN¥26.71 Billion | +48.54% |
| 2009-12-31 | CN¥17.98 Billion | +25.36% |
| 2008-12-31 | CN¥14.34 Billion | +24.36% |
| 2007-12-31 | CN¥11.53 Billion | +11.93% |
| 2006-12-31 | CN¥10.30 Billion | +16.93% |
| 2005-12-31 | CN¥8.81 Billion | +9.86% |
| 2004-12-31 | CN¥8.02 Billion | +16.76% |
| 2003-12-31 | CN¥6.87 Billion | +29.69% |
| 2002-12-31 | CN¥5.30 Billion | +23.51% |
| 2001-12-31 | CN¥4.29 Billion | +39.98% |
| 2000-12-31 | CN¥3.06 Billion | +12.03% |
| 1999-12-31 | CN¥2.73 Billion | +12.06% |
| 1998-12-31 | CN¥2.44 Billion | +23.27% |
| 1997-12-31 | CN¥1.98 Billion | +169.13% |
| 1996-12-31 | CN¥735.64 Million | +7.09% |
| 1995-12-31 | CN¥686.96 Million | +2.17% |
| 1994-12-31 | CN¥672.37 Million | -- |