Xinke Material (600255) - Total Assets

Latest as of September 2025: CN¥4.44 Billion CNY ≈ $649.93 Million USD

Based on the latest financial reports, Xinke Material (600255) holds total assets worth CN¥4.44 Billion CNY (≈ $649.93 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. See 600255 book value for net asset value and shareholders' equity analysis.

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.

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. For live market cap, price, and company overview, see Xinke Material market cap and net worth.

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
First Quantum Minerals Ltd
TO:FM
Canada CA$25.24 Billion
HudBay Minerals Inc
TO:HBM
Canada CA$6.21 Billion
Capstone Mining Corp
TO:CS
Canada CA$6.96 Billion
Taseko Mines Ltd
TO:TKO
Canada CA$2.33 Billion
Sandfire Resources Ltd
AU:SFR
Australia AU$2.87 Billion
Amerigo Resources Ltd.
TO:ARG
Canada CA$191.00 Million
Faraday Copper Corp.
TO:FDY
Canada CA$69.15 Million
Los Andes Copper Limited
V:LA
Canada CA$104.16 Million

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 0.23
Asset Growth Rate (YoY) 9.4%
Total Assets CN¥4.21 Billion
Market Capitalization $980.54 Million USD

Valuation Analysis

Below Book Valuation: The market values Xinke Material's assets below their book value (0.23x), 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
≈ $615.91 Million
+9.44%
2023-12-31 CN¥3.85 Billion
≈ $562.80 Million
-0.29%
2022-12-31 CN¥3.86 Billion
≈ $564.41 Million
+14.61%
2021-12-31 CN¥3.37 Billion
≈ $492.45 Million
+7.37%
2020-12-31 CN¥3.13 Billion
≈ $458.66 Million
+7.59%
2019-12-31 CN¥2.91 Billion
≈ $426.29 Million
-34.73%
2018-12-31 CN¥4.46 Billion
≈ $653.16 Million
-24.17%
2017-12-31 CN¥5.89 Billion
≈ $861.37 Million
+18.76%
2016-12-31 CN¥4.96 Billion
≈ $725.28 Million
-0.06%
2015-12-31 CN¥4.96 Billion
≈ $725.71 Million
+42.47%
2014-12-31 CN¥3.48 Billion
≈ $509.36 Million
+5.09%
2013-12-31 CN¥3.31 Billion
≈ $484.68 Million
+37.98%
2012-12-31 CN¥2.40 Billion
≈ $351.26 Million
-3.71%
2011-12-31 CN¥2.49 Billion
≈ $364.80 Million
+21.25%
2010-12-31 CN¥2.06 Billion
≈ $300.86 Million
-3.44%
2009-12-31 CN¥2.13 Billion
≈ $311.59 Million
+11.49%
2008-12-31 CN¥1.91 Billion
≈ $279.48 Million
+15.95%
2007-12-31 CN¥1.65 Billion
≈ $241.04 Million
+17.71%
2006-12-31 CN¥1.40 Billion
≈ $204.78 Million
+22.44%
2005-12-31 CN¥1.14 Billion
≈ $167.26 Million
-8.22%
2004-12-31 CN¥1.25 Billion
≈ $182.24 Million
+29.17%
2003-12-31 CN¥964.13 Million
≈ $141.08 Million
+26.00%
2002-12-31 CN¥765.16 Million
≈ $111.97 Million
+12.53%
2001-12-31 CN¥679.96 Million
≈ $99.50 Million
+1.06%
2000-12-31 CN¥672.81 Million
≈ $98.45 Million
+137.96%
1999-12-31 CN¥282.75 Million
≈ $41.37 Million
+22.24%
1998-12-31 CN¥231.31 Million
≈ $33.85 Million
+3.83%
1997-12-31 CN¥222.78 Million
≈ $32.60 Million
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About Xinke Material

SHG:600255 China Copper
Market Cap
$980.54 Million
CN¥6.70 Billion CNY
Market Cap Rank
#9245 Global
#2508 in China
Share Price
CN¥3.71
Change (1 day)
+1.64%
52-Week Range
CN¥3.06 - CN¥4.78
All Time High
CN¥6.49
About

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