Qtone Education Group Guangdong Ltd (300359) - Total Assets
Based on the latest financial reports, Qtone Education Group Guangdong Ltd (300359) holds total assets worth CN¥756.98 Million CNY (≈ $110.77 Million USD) 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.
Qtone Education Group Guangdong Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Qtone Education Group Guangdong Ltd's total assets have evolved over time, based on quarterly financial data. Also see Qtone Education Group Guangdong Ltd stock valuation for the company's overall valuation and market capitalisation.
Qtone Education Group Guangdong Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qtone Education Group Guangdong Ltd's total assets of CN¥756.98 Million consist of 82.8% current assets and 17.2% non-current assets. Review 300359 total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 43.3% |
| Accounts Receivable | CN¥285.71 Million | 32.6% |
| Inventory | CN¥6.42 Million | 0.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥19.15 Million | 2.2% |
| Goodwill | CN¥1.03 Million | 0.1% |
Asset Composition Trend (2009–2024)
This chart illustrates how Qtone Education Group Guangdong 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. See Qtone Education Group Guangdong Ltd stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qtone Education Group Guangdong Ltd's current assets represent 82.8% of total assets in 2024, a decrease from 95.6% in 2009.
- Cash Position: Cash and equivalents constituted 43.3% of total assets in 2024, down from 53.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 32.6% of total assets.
Qtone Education Group Guangdong Ltd Competitors by Total Assets
Key competitors of Qtone Education Group Guangdong Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Xin Nanyang Co Ltd
SHG:600661
|
China | CN¥1.48 Billion |
|
Nido Education Ltd
AU:NDO
|
Australia | AU$326.18 Million |
|
Idp Education Ltd
AU:IEL
|
Australia | AU$1.02 Billion |
|
EDU Holdings Ltd
AU:EDU
|
Australia | AU$55.09 Million |
|
3P Learning Ltd
AU:3PL
|
Australia | AU$199.04 Million |
|
Kip Mcgrath Education Centres Ltd
AU:KME
|
Australia | AU$29.00 Million |
|
Nexted Group Ltd
AU:NXD
|
Australia | AU$117.84 Million |
|
Academies Australasia Group Ltd
AU:AKG
|
Australia | AU$70.35 Million |
Qtone Education Group Guangdong 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 | 4.62 | 4.85 | 1.71 |
| Quick Ratio | 4.52 | 4.76 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥484.74 Million | CN¥589.38 Million | CN¥367.16 Million |
Qtone Education Group Guangdong Ltd - Advanced Valuation Insights
This section examines the relationship between Qtone Education Group Guangdong 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 | 7.06 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -16.7% |
| Total Assets | CN¥876.51 Million |
| Market Capitalization | $371.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qtone Education Group Guangdong Ltd's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qtone Education Group Guangdong Ltd's assets decreased by 16.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qtone Education Group Guangdong Ltd (2009–2024)
The table below shows the annual total assets of Qtone Education Group Guangdong Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥876.51 Million ≈ $128.26 Million |
-16.75% |
| 2023-12-31 | CN¥1.05 Billion ≈ $154.06 Million |
-9.77% |
| 2022-12-31 | CN¥1.17 Billion ≈ $170.75 Million |
-11.09% |
| 2021-12-31 | CN¥1.31 Billion ≈ $192.05 Million |
-2.21% |
| 2020-12-31 | CN¥1.34 Billion ≈ $196.39 Million |
-0.65% |
| 2019-12-31 | CN¥1.35 Billion ≈ $197.67 Million |
-37.32% |
| 2018-12-31 | CN¥2.16 Billion ≈ $315.35 Million |
-24.68% |
| 2017-12-31 | CN¥2.86 Billion ≈ $418.71 Million |
+11.31% |
| 2016-12-31 | CN¥2.57 Billion ≈ $376.15 Million |
+9.44% |
| 2015-12-31 | CN¥2.35 Billion ≈ $343.70 Million |
+493.64% |
| 2014-12-31 | CN¥395.66 Million ≈ $57.90 Million |
+65.79% |
| 2013-12-31 | CN¥238.65 Million ≈ $34.92 Million |
+18.12% |
| 2012-12-31 | CN¥202.04 Million ≈ $29.56 Million |
+22.50% |
| 2011-12-31 | CN¥164.93 Million ≈ $24.13 Million |
+129.94% |
| 2010-12-31 | CN¥71.73 Million ≈ $10.50 Million |
+103.39% |
| 2009-12-31 | CN¥35.27 Million ≈ $5.16 Million |
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About Qtone Education Group Guangdong Ltd
Qtone Education Group (Guangdong) Co.,Ltd provides online education services in China. The company offers education integration solutions, including planning and implementation of basic campus networks and data centers, IoT and security monitoring systems, and cloud platforms for school teaching and management; scheme design, equipment configuration, installation and delivery, maintenance plans a… Read more