Jiangsu Zitian Media Technology Co Ltd
Fujian Zitian Media Technology Co., Ltd. designs, manufactures, and sells forging hydraulic and mechanical press equipment in China. The company also offers metallic forming and systematic solutions. Its products are used in automobile, shipping, aerospace, nuclear, military, and various otherindustries. The company was formerly known as Jiangsu Zitian Media Technology Co., Ltd. Fujian Zitian Med… Read more
Jiangsu Zitian Media Technology Co Ltd (300280) - Total Assets
Latest total assets as of September 2024: CN¥3.38 Billion CNY
Based on the latest financial reports, Jiangsu Zitian Media Technology Co Ltd (300280) holds total assets worth CN¥3.38 Billion CNY as of September 2024.
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.
Jiangsu Zitian Media Technology Co Ltd - Total Assets Trend (2008–2023)
This chart illustrates how Jiangsu Zitian Media Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Zitian Media Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Jiangsu Zitian Media Technology Co Ltd's total assets of CN¥3.38 Billion consist of 77.1% current assets and 22.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.1% |
| Accounts Receivable | CN¥1.09 Billion | 31.9% |
| Inventory | CN¥938.42 Million | 27.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥0.00 | 0.0% |
| Goodwill | CN¥117.74 Million | 3.5% |
Asset Composition Trend (2008–2023)
This chart illustrates how Jiangsu Zitian Media 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: Jiangsu Zitian Media Technology Co Ltd's current assets represent 77.1% of total assets in 2023, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2023, up from 2.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 11.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 31.9% of total assets.
Jiangsu Zitian Media Technology Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Zitian Media Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DREAMINSIGHT Co,.Ltd.
KQ:362990
|
Korea | ₩50.75 Billion |
|
Cheil Worldwide
KO:030000
|
Korea | ₩3.44 Trillion |
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
Jiangsu Zitian Media 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 - Jiangsu Zitian Media Technology Co Ltd generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiangsu Zitian Media Technology Co Ltd is currently not profitable relative to its asset base.
Jiangsu Zitian Media 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 | 1.21 | 1.83 | 2.07 |
| Quick Ratio | 0.78 | 1.77 | 1.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥442.66 Million | CN¥ 1.30 Billion | CN¥ 543.25 Million |
Jiangsu Zitian Media Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Zitian Media 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 | 0.05 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -27.1% |
| Total Assets | CN¥3.41 Billion |
| Market Capitalization | $5.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Zitian Media Technology Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Jiangsu Zitian Media Technology Co Ltd's assets decreased by 27.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jiangsu Zitian Media Technology Co Ltd (2008–2023)
The table below shows the annual total assets of Jiangsu Zitian Media Technology Co Ltd from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥3.41 Billion | -27.07% |
| 2022-12-31 | CN¥4.67 Billion | +34.59% |
| 2021-12-31 | CN¥3.47 Billion | +11.06% |
| 2020-12-31 | CN¥3.12 Billion | +23.64% |
| 2019-12-31 | CN¥2.53 Billion | +15.17% |
| 2018-12-31 | CN¥2.19 Billion | +105.13% |
| 2017-12-31 | CN¥1.07 Billion | +29.77% |
| 2016-12-31 | CN¥824.31 Million | +1.77% |
| 2015-12-31 | CN¥809.99 Million | +2.86% |
| 2014-12-31 | CN¥787.49 Million | +6.77% |
| 2013-12-31 | CN¥737.58 Million | -0.30% |
| 2012-12-31 | CN¥739.77 Million | -9.66% |
| 2011-12-31 | CN¥818.89 Million | +93.65% |
| 2010-12-31 | CN¥422.87 Million | +46.02% |
| 2009-12-31 | CN¥289.61 Million | +13.28% |
| 2008-12-31 | CN¥255.66 Million | -- |