Xining Special Steel Co Ltd
Xining Special Steel.Co.,Ltd engages in the smelting, rolling, and processing of special steel products in China. It operates through four segments: Real Estate Development and Sales, Steelmaking and Rolling Steel division, Comprehensive Resource Utilization, and Commerce and Other. The company provides carbon structural steel, carbon industrial steel, alloy structural steel, alloy industrial ste… Read more
Xining Special Steel Co Ltd (600117) - Total Assets
Latest total assets as of September 2025: CN¥12.62 Billion CNY
Based on the latest financial reports, Xining Special Steel Co Ltd (600117) holds total assets worth CN¥12.62 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.
Xining Special Steel Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Xining Special Steel Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xining Special Steel Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xining Special Steel Co Ltd's total assets of CN¥12.62 Billion consist of 19.9% current assets and 80.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0.8% |
| Accounts Receivable | CN¥862.51 Million | 7.0% |
| Inventory | CN¥1.31 Billion | 10.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥575.77 Million | 4.7% |
| Goodwill | CN¥153.99 Million | 1.2% |
Asset Composition Trend (1994–2024)
This chart illustrates how Xining Special Steel 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: Xining Special Steel Co Ltd's current assets represent 19.9% of total assets in 2024, a decrease from 85.5% in 1994.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 3.2% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is inventory at 10.6% of total assets.
Xining Special Steel Co Ltd Competitors by Total Assets
Key competitors of Xining Special Steel Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Xining Special Steel 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 - Xining Special Steel Co Ltd generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Xining Special Steel Co Ltd is currently not profitable relative to its asset base.
Xining Special Steel 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 | 0.61 | 0.83 | 0.51 |
| Quick Ratio | 0.32 | 0.41 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.78 Billion | CN¥ -561.06 Million | CN¥ -6.61 Billion |
Xining Special Steel Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xining Special Steel 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 | 2.23 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -11.6% |
| Total Assets | CN¥12.37 Billion |
| Market Capitalization | $427.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xining Special Steel Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xining Special Steel Co Ltd's assets decreased by 11.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xining Special Steel Co Ltd (1994–2024)
The table below shows the annual total assets of Xining Special Steel Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.37 Billion | -11.57% |
| 2023-12-31 | CN¥13.99 Billion | -16.63% |
| 2022-12-31 | CN¥16.79 Billion | -9.39% |
| 2021-12-31 | CN¥18.52 Billion | -9.58% |
| 2020-12-31 | CN¥20.49 Billion | -2.48% |
| 2019-12-31 | CN¥21.01 Billion | -10.68% |
| 2018-12-31 | CN¥23.52 Billion | -3.16% |
| 2017-12-31 | CN¥24.29 Billion | -10.28% |
| 2016-12-31 | CN¥27.07 Billion | +6.66% |
| 2015-12-31 | CN¥25.38 Billion | +11.87% |
| 2014-12-31 | CN¥22.69 Billion | +30.37% |
| 2013-12-31 | CN¥17.40 Billion | +16.85% |
| 2012-12-31 | CN¥14.89 Billion | +11.05% |
| 2011-12-31 | CN¥13.41 Billion | +11.79% |
| 2010-12-31 | CN¥12.00 Billion | +14.29% |
| 2009-12-31 | CN¥10.50 Billion | +2.00% |
| 2008-12-31 | CN¥10.29 Billion | +12.26% |
| 2007-12-31 | CN¥9.17 Billion | +33.67% |
| 2006-12-31 | CN¥6.86 Billion | +20.78% |
| 2005-12-31 | CN¥5.68 Billion | +25.08% |
| 2004-12-31 | CN¥4.54 Billion | +35.34% |
| 2003-12-31 | CN¥3.35 Billion | +13.62% |
| 2002-12-31 | CN¥2.95 Billion | +8.33% |
| 2001-12-31 | CN¥2.73 Billion | +7.44% |
| 2000-12-31 | CN¥2.54 Billion | +22.09% |
| 1999-12-31 | CN¥2.08 Billion | +4.75% |
| 1998-12-31 | CN¥1.98 Billion | +19.74% |
| 1997-12-31 | CN¥1.66 Billion | +56.36% |
| 1996-12-31 | CN¥1.06 Billion | +5.32% |
| 1995-12-31 | CN¥1.01 Billion | +11.47% |
| 1994-12-31 | CN¥902.34 Million | -- |