Offcn Education Technology Co Ltd
Offcn Education Technology Co., Ltd. operates as a multi-category vocational education institution in China. The company provides public service recruitment examination training, academic qualification, and professional qualification and professional ability training services. It also offers educational technology consulting, technology development, technology promotion, technology transfer, and … Read more
Offcn Education Technology Co Ltd (002607) - Total Assets
Latest total assets as of September 2025: CN¥5.98 Billion CNY
Based on the latest financial reports, Offcn Education Technology Co Ltd (002607) holds total assets worth CN¥5.98 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.
Offcn Education Technology Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Offcn Education Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Offcn Education Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Offcn Education Technology Co Ltd's total assets of CN¥5.98 Billion consist of 8.6% current assets and 91.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.5% |
| Accounts Receivable | CN¥263.01 Million | 4.0% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥983.64 Million | 15.1% |
| Goodwill | CN¥99.87 Million | 1.5% |
Asset Composition Trend (2008–2024)
This chart illustrates how Offcn Education Technology 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: Offcn Education Technology Co Ltd's current assets represent 8.6% of total assets in 2024, a decrease from 66.0% in 2008.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, down from 22.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 9.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 15.1% of total assets.
Offcn Education Technology Co Ltd Competitors by Total Assets
Key competitors of Offcn Education Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
|
JLS Co.Ltd
KQ:040420
|
Korea | ₩103.17 Billion |
|
Digital Daesung Co. Ltd
KQ:068930
|
Korea | ₩341.00 Billion |
Offcn Education Technology 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
Lower asset utilization - Offcn Education Technology Co Ltd generates 0.40x 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, Offcn Education Technology Co Ltd generates $ 2.82 in net profit.
Offcn Education Technology 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 | 0.09 | 0.08 | 0.94 |
| Quick Ratio | 0.08 | 0.08 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-3.97 Billion | CN¥ -4.15 Billion | CN¥ -616.41 Million |
Offcn Education Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Offcn Education Technology 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 | 20.85 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | -8.8% |
| Total Assets | CN¥6.51 Billion |
| Market Capitalization | $2.32 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Offcn Education Technology Co Ltd's assets below their book value (0.36 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Offcn Education Technology Co Ltd's assets decreased by 8.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Offcn Education Technology Co Ltd (2008–2024)
The table below shows the annual total assets of Offcn Education Technology Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.51 Billion | -8.82% |
| 2023-12-31 | CN¥7.14 Billion | -11.06% |
| 2022-12-31 | CN¥8.03 Billion | -22.10% |
| 2021-12-31 | CN¥10.31 Billion | -28.53% |
| 2020-12-31 | CN¥14.42 Billion | +44.76% |
| 2019-12-31 | CN¥9.96 Billion | +38.30% |
| 2018-12-31 | CN¥7.20 Billion | +55.62% |
| 2017-12-31 | CN¥4.63 Billion | +8.95% |
| 2016-12-31 | CN¥4.25 Billion | +15.83% |
| 2015-12-31 | CN¥3.67 Billion | +7.59% |
| 2014-12-31 | CN¥3.41 Billion | +14.15% |
| 2013-12-31 | CN¥2.99 Billion | +25.83% |
| 2012-12-31 | CN¥2.37 Billion | +42.66% |
| 2011-12-31 | CN¥1.66 Billion | +60.28% |
| 2010-12-31 | CN¥1.04 Billion | +41.30% |
| 2009-12-31 | CN¥734.53 Million | +38.57% |
| 2008-12-31 | CN¥530.10 Million | -- |