Shaoxing Xingxin New Material

SHE:001358 China Chemicals
Market Cap
$487.78 Million
CN¥3.58 Billion CNY
Market Cap Rank
#16660 Global
#4411 in China
Share Price
CN¥29.05
Change (1 day)
+0.87%
52-Week Range
CN¥19.70 - CN¥32.20
All Time High
CN¥38.36
About

Shaoxing Xingxin New Material Co.,Ltd engages in the development of electronic and environment-friendly chemicals, pharmaceutical intermediates, high molecule materials, and other materials. Its products include piperazine anhydrous, 2-methylpiperazine, n-methylpiperazine, n-(2-hydroxyethyl)piperazine, n,n'-di(2-hydroxyethyl)piperazine, n-(2-hydroxypropyl)-1,2-ethylenediamine, n-(2-hydroxyethyl)e… Read more

Shaoxing Xingxin New Material (001358) - Total Assets

Latest total assets as of September 2025: CN¥1.58 Billion CNY

Based on the latest financial reports, Shaoxing Xingxin New Material (001358) holds total assets worth CN¥1.58 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.

Shaoxing Xingxin New Material - Total Assets Trend (2019–2024)

This chart illustrates how Shaoxing Xingxin New Material’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shaoxing Xingxin New Material - Asset Composition Analysis

Current Asset Composition (September 2024)

Shaoxing Xingxin New Material's total assets of CN¥1.58 Billion consist of 72.5% current assets and 27.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 52.2%
Accounts Receivable CN¥74.92 Million 4.8%
Inventory CN¥102.61 Million 6.6%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥21.24 Million 1.4%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Shaoxing Xingxin New Material'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: Shaoxing Xingxin New Material's current assets represent 72.5% of total assets in 2024, an increase from 53.1% in 2019.
  • Cash Position: Cash and equivalents constituted 52.2% of total assets in 2024, up from 10.7% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2019.
  • Asset Diversification: The largest asset category is inventory at 6.6% of total assets.

Shaoxing Xingxin New Material Competitors by Total Assets

Key competitors of Shaoxing Xingxin New Material based on total assets are shown below.

Shaoxing Xingxin New Material - 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

Historical Range: 0.30 - 1.04

Lower asset utilization - Shaoxing Xingxin New Material generates 0.30x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 5.22% - 28.22%

Solid ROA - For every $100 in assets, Shaoxing Xingxin New Material generates $5.22 in net profit.

Shaoxing Xingxin New Material - 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 7.78 15.35 3.04
Quick Ratio 6.96 13.72 1.94
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥953.76 Million CN¥ 1.05 Billion CN¥ 309.96 Million

Shaoxing Xingxin New Material - Advanced Valuation Insights

This section examines the relationship between Shaoxing Xingxin New Material'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 2.63
Latest Market Cap to Assets Ratio 0.09
Asset Growth Rate (YoY) -7.1%
Total Assets CN¥1.56 Billion
Market Capitalization $143.47 Million USD

Valuation Analysis

Below Book Valuation: The market values Shaoxing Xingxin New Material's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Shaoxing Xingxin New Material's assets decreased by 7.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Shaoxing Xingxin New Material (2019–2024)

The table below shows the annual total assets of Shaoxing Xingxin New Material from 2019 to 2024.

Year Total Assets Change
2024-09-30 CN¥1.56 Billion -7.06%
2023-09-30 CN¥1.67 Billion +126.06%
2022-09-30 CN¥740.34 Million +44.13%
2021-09-30 CN¥513.67 Million +24.07%
2020-09-30 CN¥414.01 Million +10.89%
2019-09-30 CN¥373.36 Million --