Bright Oceans Inter Telecom Corp
Bright Oceans Inter-Telecom Corporation engages in the computer and communications business in China. It operates through three segments: Computer and Communications Business, Intelligent Transportation Business, and E-Commerce Business. The company is involved in the research and development, production, sale, and service of communication technology, network technology, and hardware products; de… Read more
Bright Oceans Inter Telecom Corp (600289) - Total Assets
Latest total assets as of September 2025: CN¥1.73 Billion CNY
Based on the latest financial reports, Bright Oceans Inter Telecom Corp (600289) holds total assets worth CN¥1.73 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.
Bright Oceans Inter Telecom Corp - Total Assets Trend (1997–2024)
This chart illustrates how Bright Oceans Inter Telecom Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bright Oceans Inter Telecom Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Bright Oceans Inter Telecom Corp's total assets of CN¥1.73 Billion consist of 79.1% current assets and 20.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 60.5% |
| Accounts Receivable | CN¥240.31 Million | 17.4% |
| Inventory | CN¥12.08 Million | 0.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥8.11 Million | 0.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Bright Oceans Inter Telecom Corp'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: Bright Oceans Inter Telecom Corp's current assets represent 79.1% of total assets in 2024, an increase from 67.7% in 1997.
- Cash Position: Cash and equivalents constituted 60.5% of total assets in 2024, up from 9.1% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 17.4% of total assets.
Bright Oceans Inter Telecom Corp Competitors by Total Assets
Key competitors of Bright Oceans Inter Telecom Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Bright Oceans Inter Telecom Corp - 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 - Bright Oceans Inter Telecom Corp generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bright Oceans Inter Telecom Corp is currently not profitable relative to its asset base.
Bright Oceans Inter Telecom Corp - 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 | 4.97 | 3.97 | 2.32 |
| Quick Ratio | 4.76 | 3.86 | 2.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.09 Billion | CN¥ 803.54 Million | CN¥ 1.29 Billion |
Bright Oceans Inter Telecom Corp - Advanced Valuation Insights
This section examines the relationship between Bright Oceans Inter Telecom Corp'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 | 3.75 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | CN¥1.38 Billion |
| Market Capitalization | $419.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bright Oceans Inter Telecom Corp's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Bright Oceans Inter Telecom Corp's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bright Oceans Inter Telecom Corp (1997–2024)
The table below shows the annual total assets of Bright Oceans Inter Telecom Corp from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.38 Billion | +10.60% |
| 2023-12-31 | CN¥1.25 Billion | -41.57% |
| 2022-12-31 | CN¥2.14 Billion | -11.83% |
| 2021-12-31 | CN¥2.42 Billion | -11.36% |
| 2020-12-31 | CN¥2.73 Billion | +13.66% |
| 2019-12-31 | CN¥2.41 Billion | -11.22% |
| 2018-12-31 | CN¥2.71 Billion | -9.12% |
| 2017-12-31 | CN¥2.98 Billion | -28.06% |
| 2016-12-31 | CN¥4.15 Billion | +37.97% |
| 2015-12-31 | CN¥3.00 Billion | +7.38% |
| 2014-12-31 | CN¥2.80 Billion | -3.30% |
| 2013-12-31 | CN¥2.89 Billion | +1.09% |
| 2012-12-31 | CN¥2.86 Billion | +4.41% |
| 2011-12-31 | CN¥2.74 Billion | -1.59% |
| 2010-12-31 | CN¥2.79 Billion | +19.18% |
| 2009-12-31 | CN¥2.34 Billion | -11.25% |
| 2008-12-31 | CN¥2.63 Billion | +18.45% |
| 2007-12-31 | CN¥2.22 Billion | +17.55% |
| 2006-12-31 | CN¥1.89 Billion | +5.99% |
| 2005-12-31 | CN¥1.78 Billion | +5.71% |
| 2004-12-31 | CN¥1.69 Billion | +9.37% |
| 2003-12-31 | CN¥1.54 Billion | +11.26% |
| 2002-12-31 | CN¥1.39 Billion | +1.62% |
| 2001-12-31 | CN¥1.37 Billion | -1.58% |
| 2000-12-31 | CN¥1.39 Billion | +307.67% |
| 1999-12-31 | CN¥340.27 Million | +72.38% |
| 1998-12-31 | CN¥197.39 Million | +53.32% |
| 1997-12-31 | CN¥128.74 Million | -- |