Xingye Leather Technology Co Ltd
Xingye Leather Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of leather products in China. It offers nappa leather, natural milled leather, and special effect leather series that are used in the furniture, leather clothing, and bags and suitcases, etc. The company sells leather for uppers, bags, sofa, automotive interiors, and spe… Read more
Xingye Leather Technology Co Ltd (002674) - Total Assets
Latest total assets as of June 2025: CN¥4.64 Billion CNY
Based on the latest financial reports, Xingye Leather Technology Co Ltd (002674) holds total assets worth CN¥4.64 Billion CNY as of June 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.
Xingye Leather Technology Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Xingye Leather Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xingye Leather Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xingye Leather Technology Co Ltd's total assets of CN¥4.64 Billion consist of 69.7% current assets and 30.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.9% |
| Accounts Receivable | CN¥643.35 Million | 14.3% |
| Inventory | CN¥1.31 Billion | 29.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥110.19 Million | 2.5% |
| Goodwill | CN¥24.36 Million | 0.5% |
Asset Composition Trend (2008–2024)
This chart illustrates how Xingye Leather 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: Xingye Leather Technology Co Ltd's current assets represent 69.7% of total assets in 2024, a decrease from 79.1% in 2008.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2024, down from 25.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 5.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 29.2% of total assets.
Xingye Leather Technology Co Ltd Competitors by Total Assets
Key competitors of Xingye Leather Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Xingye Leather 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
Moderate asset utilization - Xingye Leather Technology Co Ltd generates 0.66x 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, Xingye Leather Technology Co Ltd generates $ 3.16 in net profit.
Xingye Leather 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 | 1.77 | 2.41 | 2.52 |
| Quick Ratio | 1.04 | 1.41 | 1.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.41 Billion | CN¥ 1.74 Billion | CN¥ 1.36 Billion |
Xingye Leather Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xingye Leather 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 9.2% |
| Total Assets | CN¥4.49 Billion |
| Market Capitalization | $219.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xingye Leather Technology Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xingye Leather Technology Co Ltd's assets grew by 9.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xingye Leather Technology Co Ltd (2008–2024)
The table below shows the annual total assets of Xingye Leather Technology Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.49 Billion | +9.15% |
| 2023-12-31 | CN¥4.11 Billion | +8.58% |
| 2022-12-31 | CN¥3.79 Billion | +14.51% |
| 2021-12-31 | CN¥3.31 Billion | +7.06% |
| 2020-12-31 | CN¥3.09 Billion | +3.82% |
| 2019-12-31 | CN¥2.98 Billion | +0.38% |
| 2018-12-31 | CN¥2.96 Billion | +11.94% |
| 2017-12-31 | CN¥2.65 Billion | -1.42% |
| 2016-12-31 | CN¥2.69 Billion | +5.35% |
| 2015-12-31 | CN¥2.55 Billion | +9.96% |
| 2014-12-31 | CN¥2.32 Billion | +21.05% |
| 2013-12-31 | CN¥1.92 Billion | +18.29% |
| 2012-12-31 | CN¥1.62 Billion | +101.78% |
| 2011-12-31 | CN¥802.61 Million | +10.16% |
| 2010-12-31 | CN¥728.59 Million | +21.78% |
| 2009-12-31 | CN¥598.28 Million | -5.63% |
| 2008-12-31 | CN¥634.00 Million | -- |