Xinke Material
Anhui Xinke New Materials Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of copper products in China and internationally. It offers copper-iron alloy strips, tin-plated copper alloy strips, zinc-copper strips, brass strips, and tin phosphor bronze belts; electronic wires, cloth wires, power cables, and automotive line products; and copper and copper allo… Read more
Xinke Material (600255) - Total Assets
Latest total assets as of September 2025: CN¥4.44 Billion CNY
Based on the latest financial reports, Xinke Material (600255) holds total assets worth CN¥4.44 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.
Xinke Material - Total Assets Trend (1997–2024)
This chart illustrates how Xinke Material’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinke Material - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinke Material's total assets of CN¥4.44 Billion consist of 52.2% current assets and 47.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.6% |
| Accounts Receivable | CN¥628.74 Million | 14.9% |
| Inventory | CN¥712.56 Million | 16.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥58.19 Million | 1.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Xinke Material'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: Xinke Material's current assets represent 52.2% of total assets in 2024, a decrease from 61.4% in 1997.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, up from 4.7% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 16.9% of total assets.
Xinke Material Competitors by Total Assets
Key competitors of Xinke Material based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Xinke Material - 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
Strong asset utilization - Xinke Material generates 0.94x 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, Xinke Material generates $ 1.48 in net profit.
Xinke Material - 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 | 1.06 | 1.01 | 1.11 |
| Quick Ratio | 0.67 | 0.72 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥132.55 Million | CN¥ 26.37 Million | CN¥ 181.46 Million |
Xinke Material - Advanced Valuation Insights
This section examines the relationship between Xinke Material'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 | 4.66 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 9.4% |
| Total Assets | CN¥4.21 Billion |
| Market Capitalization | $783.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinke Material's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xinke Material's assets grew by 9.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xinke Material (1997–2024)
The table below shows the annual total assets of Xinke Material from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.21 Billion | +9.44% |
| 2023-12-31 | CN¥3.85 Billion | -0.29% |
| 2022-12-31 | CN¥3.86 Billion | +14.61% |
| 2021-12-31 | CN¥3.37 Billion | +7.37% |
| 2020-12-31 | CN¥3.13 Billion | +7.59% |
| 2019-12-31 | CN¥2.91 Billion | -34.73% |
| 2018-12-31 | CN¥4.46 Billion | -24.17% |
| 2017-12-31 | CN¥5.89 Billion | +18.76% |
| 2016-12-31 | CN¥4.96 Billion | -0.06% |
| 2015-12-31 | CN¥4.96 Billion | +42.47% |
| 2014-12-31 | CN¥3.48 Billion | +5.09% |
| 2013-12-31 | CN¥3.31 Billion | +37.98% |
| 2012-12-31 | CN¥2.40 Billion | -3.71% |
| 2011-12-31 | CN¥2.49 Billion | +21.25% |
| 2010-12-31 | CN¥2.06 Billion | -3.44% |
| 2009-12-31 | CN¥2.13 Billion | +11.49% |
| 2008-12-31 | CN¥1.91 Billion | +15.95% |
| 2007-12-31 | CN¥1.65 Billion | +17.71% |
| 2006-12-31 | CN¥1.40 Billion | +22.44% |
| 2005-12-31 | CN¥1.14 Billion | -8.22% |
| 2004-12-31 | CN¥1.25 Billion | +29.17% |
| 2003-12-31 | CN¥964.13 Million | +26.00% |
| 2002-12-31 | CN¥765.16 Million | +12.53% |
| 2001-12-31 | CN¥679.96 Million | +1.06% |
| 2000-12-31 | CN¥672.81 Million | +137.96% |
| 1999-12-31 | CN¥282.75 Million | +22.24% |
| 1998-12-31 | CN¥231.31 Million | +3.83% |
| 1997-12-31 | CN¥222.78 Million | -- |