Western Regions Tourism Development
Western Regions Tourism Development Co.,Ltd provides tourism and travel services in China. The company offers tourism transportation, lake yacht sightseeing, tourism resource development, cable cars, sightseeing vehicles, hot spring tourism, international travel agency, and catering services, as well as food and agricultural product sales. The company was formerly known as Xinjiang Tianshan Tianc… Read more
Western Regions Tourism Development (300859) - Total Assets
Latest total assets as of June 2025: CN¥1.06 Billion CNY
Based on the latest financial reports, Western Regions Tourism Development (300859) holds total assets worth CN¥1.06 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.
Western Regions Tourism Development - Total Assets Trend (2016–2024)
This chart illustrates how Western Regions Tourism Development’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Regions Tourism Development - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Regions Tourism Development's total assets of CN¥1.06 Billion consist of 28.6% current assets and 71.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 25.8% |
| Accounts Receivable | CN¥2.02 Million | 0.2% |
| Inventory | CN¥2.68 Million | 0.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥116.97 Million | 10.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Western Regions Tourism Development'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: Western Regions Tourism Development's current assets represent 28.6% of total assets in 2024, a decrease from 29.3% in 2016.
- Cash Position: Cash and equivalents constituted 25.8% of total assets in 2024, down from 27.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 14.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 10.7% of total assets.
Western Regions Tourism Development Competitors by Total Assets
Key competitors of Western Regions Tourism Development based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
Western Regions Tourism Development - 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 - Western Regions Tourism Development generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Western Regions Tourism Development generates $7.94 in net profit.
Western Regions Tourism Development - 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 | 2.64 | 7.86 | 6.03 |
| Quick Ratio | 2.62 | 7.81 | 6.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥189.17 Million | CN¥ 254.23 Million | CN¥ 219.23 Million |
Western Regions Tourism Development - Advanced Valuation Insights
This section examines the relationship between Western Regions Tourism Development'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 | 7.04 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | 39.4% |
| Total Assets | CN¥1.09 Billion |
| Market Capitalization | $506.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Western Regions Tourism Development's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Western Regions Tourism Development's assets grew by 39.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Western Regions Tourism Development (2016–2024)
The table below shows the annual total assets of Western Regions Tourism Development from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.09 Billion | +39.37% |
| 2023-12-31 | CN¥782.26 Million | +14.51% |
| 2022-12-31 | CN¥683.13 Million | -6.92% |
| 2021-12-31 | CN¥733.90 Million | 0.00% |
| 2020-12-31 | CN¥733.90 Million | +40.27% |
| 2019-12-31 | CN¥523.20 Million | +4.71% |
| 2018-12-31 | CN¥499.66 Million | +1.93% |
| 2017-12-31 | CN¥490.20 Million | -12.38% |
| 2016-12-31 | CN¥559.45 Million | -- |