Merchant Express Class A
China Merchants Expressway Network & Technology Holdings Co.,Ltd. engages in construction of roads, bridges, tunnels, transportation engineering, ports the People's Republic of China. The company also engages in transportation infrastructure construction, as well as consulting and engineering technical services in ports, waterways, and building construction sectors. In addition, it provides desig… Read more
Merchant Express Class A (001965) - Total Assets
Latest total assets as of September 2025: CN¥160.88 Billion CNY
Based on the latest financial reports, Merchant Express Class A (001965) holds total assets worth CN¥160.88 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.
Merchant Express Class A - Total Assets Trend (2014–2024)
This chart illustrates how Merchant Express Class A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Merchant Express Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Merchant Express Class A's total assets of CN¥160.88 Billion consist of 9.4% current assets and 90.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.8% |
| Accounts Receivable | CN¥4.26 Billion | 2.7% |
| Inventory | CN¥338.71 Million | 0.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥85.35 Billion | 53.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Merchant Express Class A'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: Merchant Express Class A's current assets represent 9.4% of total assets in 2024, a decrease from 11.0% in 2014.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 5.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 27.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 53.6% of total assets.
Merchant Express Class A Competitors by Total Assets
Key competitors of Merchant Express Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanxi Sanwei Group Co Ltd
SHE:000755
|
China | CN¥12.11 Billion |
|
Dongguan Development Holdings Co Ltd
SHE:000828
|
China | CN¥16.36 Billion |
|
City Development Environment Co Ltd
SHE:000885
|
China | CN¥32.60 Billion |
|
Xiandai Investment Co Ltd
SHE:000900
|
China | CN¥58.87 Billion |
|
Shandong Sunway Petrochemical Engineering Co Ltd
SHE:002469
|
China | CN¥3.49 Billion |
|
Xinjiang Communications Construction Group Co Ltd Class A
SHE:002941
|
China | CN¥20.85 Billion |
|
Guangdong Provincial Expressway Development Co Ltd
SHE:200429
|
China | HK$24.45 Billion |
|
Protasco Bhd
KLSE:5070
|
Malaysia | RM1.05 Billion |
Merchant Express Class A - 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 - Merchant Express Class A generates 0.08x 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, Merchant Express Class A generates $ 3.34 in net profit.
Merchant Express Class A - 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 | 1.37 | 0.85 | 0.99 |
| Quick Ratio | 1.33 | 0.82 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.37 Billion | CN¥ -2.18 Billion | CN¥ -140.96 Million |
Merchant Express Class A - Advanced Valuation Insights
This section examines the relationship between Merchant Express Class A'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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 1.1% |
| Total Assets | CN¥159.17 Billion |
| Market Capitalization | $2.91 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Merchant Express Class A's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Merchant Express Class A's assets grew by 1.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Merchant Express Class A (2014–2024)
The table below shows the annual total assets of Merchant Express Class A from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥159.17 Billion | +1.07% |
| 2023-12-31 | CN¥157.48 Billion | +37.01% |
| 2022-12-31 | CN¥114.94 Billion | +16.90% |
| 2021-12-31 | CN¥98.32 Billion | +4.59% |
| 2020-12-31 | CN¥94.01 Billion | +3.28% |
| 2019-12-31 | CN¥91.02 Billion | +8.25% |
| 2018-12-31 | CN¥84.08 Billion | +29.02% |
| 2017-12-31 | CN¥65.17 Billion | +17.71% |
| 2016-12-31 | CN¥55.36 Billion | +10.06% |
| 2015-12-31 | CN¥50.30 Billion | +23.60% |
| 2014-12-31 | CN¥40.70 Billion | -- |