Kingnet Network Co Ltd (002517) - Total Assets
Based on the latest financial reports, Kingnet Network Co Ltd (002517) holds total assets worth CN¥13.40 Billion CNY (≈ $1.96 Billion USD) as of March 2026. 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. Explore how well can Kingnet Network Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Kingnet Network Co Ltd - Total Assets Trend (2007–2025)
This chart illustrates how Kingnet Network Co Ltd's total assets have evolved over time, based on quarterly financial data. See Kingnet Network Co Ltd (002517) shareholders funds for net asset value and shareholders' equity analysis.
Kingnet Network Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Kingnet Network Co Ltd's total assets of CN¥13.40 Billion consist of 47.7% current assets and 52.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.4% |
| Accounts Receivable | CN¥1.01 Billion | 7.8% |
| Inventory | CN¥45.44 Million | 0.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥640.75 Million | 4.9% |
| Goodwill | CN¥852.26 Million | 6.5% |
Asset Composition Trend (2007–2025)
This chart illustrates how Kingnet Network 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. For live market cap, price, and company overview, see market cap of Kingnet Network Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kingnet Network Co Ltd's current assets represent 47.7% of total assets in 2025, a decrease from 70.1% in 2007.
- Cash Position: Cash and equivalents constituted 32.4% of total assets in 2025, up from 5.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 7.8% of total assets.
Kingnet Network Co Ltd Competitors by Total Assets
Key competitors of Kingnet Network Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
G-bits Network Technology Xiamen Co Ltd
SHG:603444
|
China | CN¥9.03 Billion |
|
NetDragon Websoft Holdings Limited
F:3ND
|
Germany | €10.22 Billion |
|
TROPHY GAMES Development AS
CO:TGAMES
|
Denmark | Dkr70.11 Million |
|
Snail, Inc. Class A Common Stock
NASDAQ:SNAL
|
USA | $56.84 Million |
|
BoomBit S.A
WAR:BBT
|
Poland | zł129.18 Million |
|
Mighty Kingdom Ltd
AU:MKL
|
Australia | AU$5.81 Million |
|
Starbreeze AB (publ)
ST:STAR-B
|
Sweden | Skr337.48 Million |
|
Barunson Entertainment & Arts Corporation
KQ:035620
|
Korea | ₩101.45 Billion |
Kingnet Network 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 | 2.95 | 3.63 | 4.11 |
| Quick Ratio | 2.92 | 3.61 | 4.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.50 Billion | CN¥4.13 Billion | CN¥1.70 Billion |
Kingnet Network Co Ltd - Advanced Valuation Insights
This section examines the relationship between Kingnet Network 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 | 3.03 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 62.9% |
| Total Assets | CN¥13.07 Billion |
| Market Capitalization | $5.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Kingnet Network Co Ltd's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Kingnet Network Co Ltd's assets grew by 62.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kingnet Network Co Ltd (2007–2025)
The table below shows the annual total assets of Kingnet Network Co Ltd from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥13.07 Billion ≈ $1.91 Billion |
+62.88% |
| 2024-12-31 | CN¥8.03 Billion ≈ $1.17 Billion |
+21.42% |
| 2023-12-31 | CN¥6.61 Billion ≈ $967.30 Million |
+14.35% |
| 2022-12-31 | CN¥5.78 Billion ≈ $845.94 Million |
+31.40% |
| 2021-12-31 | CN¥4.40 Billion ≈ $643.80 Million |
+24.06% |
| 2020-12-31 | CN¥3.55 Billion ≈ $518.96 Million |
-8.21% |
| 2019-12-31 | CN¥3.86 Billion ≈ $565.36 Million |
-36.15% |
| 2018-12-31 | CN¥6.05 Billion ≈ $885.42 Million |
-0.88% |
| 2017-12-31 | CN¥6.10 Billion ≈ $893.30 Million |
+50.39% |
| 2016-12-31 | CN¥4.06 Billion ≈ $593.99 Million |
+199.60% |
| 2015-12-31 | CN¥1.35 Billion ≈ $198.26 Million |
+126.71% |
| 2014-12-31 | CN¥597.63 Million ≈ $87.45 Million |
-30.13% |
| 2013-12-31 | CN¥855.38 Million ≈ $125.17 Million |
+23.65% |
| 2012-12-31 | CN¥691.76 Million ≈ $101.23 Million |
+9.08% |
| 2011-12-31 | CN¥634.21 Million ≈ $92.80 Million |
+0.27% |
| 2010-12-31 | CN¥632.51 Million ≈ $92.56 Million |
+117.97% |
| 2009-12-31 | CN¥290.19 Million ≈ $42.46 Million |
-17.61% |
| 2008-12-31 | CN¥352.22 Million ≈ $51.54 Million |
+27.52% |
| 2007-12-31 | CN¥276.21 Million ≈ $40.42 Million |
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About Kingnet Network Co Ltd
Kingnet Network Co., Ltd. engages in the development, operation, and distribution of mobile and operations in China and internationally. The company offers and operates game brands and Ips, including Gods of War: Shadow Princess (MMO game for iOS and Android in Hong Kong, Macau, and Taiwan), Original Legend, Angel War, Eternal Alliance, Chinese Paladin (A New Beginning), Mobile Suit Gundam Series… Read more