Xinke Material (600255) - Total Assets
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
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