Xiamen Changelight
Xiamen Changelight Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells compound semiconductor optoelectronic products in China and internationally. The company offers LED epitaxial wafers and chips, gallium arsenide solar cells, LEDs/micro-LEDs, and VCSEL products for use in digital, matrix, display, traffic and black lights, lamps, indicators, and other fields. X… Read more
Xiamen Changelight (300102) - Total Assets
Latest total assets as of September 2025: CN¥6.45 Billion CNY
Based on the latest financial reports, Xiamen Changelight (300102) holds total assets worth CN¥6.45 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.
Xiamen Changelight - Total Assets Trend (2007–2024)
This chart illustrates how Xiamen Changelight’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xiamen Changelight - Asset Composition Analysis
Current Asset Composition (December 2024)
Xiamen Changelight's total assets of CN¥6.45 Billion consist of 44.6% current assets and 55.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.4% |
| Accounts Receivable | CN¥1.15 Billion | 17.1% |
| Inventory | CN¥574.93 Million | 8.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥163.36 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Xiamen Changelight'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: Xiamen Changelight's current assets represent 44.6% of total assets in 2024, a decrease from 61.4% in 2007.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, down from 17.2% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 17.1% of total assets.
Xiamen Changelight Competitors by Total Assets
Key competitors of Xiamen Changelight based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Xiamen Changelight - 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 - Xiamen Changelight generates 0.36x 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, Xiamen Changelight generates $ 1.43 in net profit.
Xiamen Changelight - 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 | 1.61 | 1.77 | 0.92 |
| Quick Ratio | 1.20 | 1.43 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.11 Billion | CN¥ 1.20 Billion | CN¥ -193.80 Million |
Xiamen Changelight - Advanced Valuation Insights
This section examines the relationship between Xiamen Changelight'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 | 7.84 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | CN¥6.71 Billion |
| Market Capitalization | $2.47 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xiamen Changelight's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xiamen Changelight's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xiamen Changelight (2007–2024)
The table below shows the annual total assets of Xiamen Changelight from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.71 Billion | +1.54% |
| 2023-12-31 | CN¥6.61 Billion | -5.81% |
| 2022-12-31 | CN¥7.02 Billion | +15.50% |
| 2021-12-31 | CN¥6.07 Billion | -2.25% |
| 2020-12-31 | CN¥6.21 Billion | -9.93% |
| 2019-12-31 | CN¥6.90 Billion | +8.11% |
| 2018-12-31 | CN¥6.38 Billion | +20.67% |
| 2017-12-31 | CN¥5.29 Billion | +60.37% |
| 2016-12-31 | CN¥3.30 Billion | -1.88% |
| 2015-12-31 | CN¥3.36 Billion | +57.61% |
| 2014-12-31 | CN¥2.13 Billion | +7.33% |
| 2013-12-31 | CN¥1.99 Billion | +6.61% |
| 2012-12-31 | CN¥1.86 Billion | +1.54% |
| 2011-12-31 | CN¥1.84 Billion | +7.05% |
| 2010-12-31 | CN¥1.71 Billion | +432.49% |
| 2009-12-31 | CN¥321.93 Million | +10.82% |
| 2008-12-31 | CN¥290.49 Million | +81.29% |
| 2007-12-31 | CN¥160.24 Million | -- |