Xinjiang Ba Yi Iron & Steel Co Ltd (600581) - Total Assets
Based on the latest financial reports, Xinjiang Ba Yi Iron & Steel Co Ltd (600581) holds total assets worth CN¥28.95 Billion CNY (≈ $4.24 Billion 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. Check Xinjiang Ba Yi Iron & Steel Co Ltd (600581) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Xinjiang Ba Yi Iron & Steel Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how Xinjiang Ba Yi Iron & Steel Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 600581 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Xinjiang Ba Yi Iron & Steel Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinjiang Ba Yi Iron & Steel Co Ltd's total assets of CN¥28.95 Billion consist of 20.1% current assets and 79.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.7% |
| Accounts Receivable | CN¥1.44 Billion | 4.8% |
| Inventory | CN¥2.04 Billion | 6.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.18 Billion | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Xinjiang Ba Yi Iron & 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. For live market cap, price, and company overview, see Xinjiang Ba Yi Iron & Steel Co Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinjiang Ba Yi Iron & Steel Co Ltd's current assets represent 20.1% of total assets in 2024, a decrease from 48.9% in 2000.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 4.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 6.9% of total assets.
Xinjiang Ba Yi Iron & Steel Co Ltd Competitors by Total Assets
Key competitors of Xinjiang Ba Yi Iron & Steel Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Keum Kang Steel Co. Ltd
KQ:053260
|
Korea | ₩143.51 Billion |
|
VOESTALPINE ADR 1/5/O.N.
F:VASS
|
Germany | €15.22 Billion |
|
Gerdau S.A
MX:GGBN
|
Mexico | MX$81.05 Billion |
|
CSN Mineração S.A
SA:CMIN3
|
Brazil | R$33.55 Billion |
|
Industrias CH S. A. B. de C. V
MX:ICHB
|
Mexico | MX$82.40 Billion |
|
Gerdau S.A
SA:GGBR3
|
Brazil | R$81.05 Billion |
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.32 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
Xinjiang Ba Yi Iron & 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 | 0.25 | 0.31 | 0.48 |
| Quick Ratio | 0.17 | 0.22 | 0.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-16.44 Billion | CN¥-17.39 Billion | CN¥-9.04 Billion |
Xinjiang Ba Yi Iron & Steel Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinjiang Ba Yi Iron & 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 | 3.82 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | CN¥29.82 Billion |
| Market Capitalization | $554.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang Ba Yi Iron & Steel Co Ltd's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xinjiang Ba Yi Iron & Steel Co Ltd's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xinjiang Ba Yi Iron & Steel Co Ltd (2000–2024)
The table below shows the annual total assets of Xinjiang Ba Yi Iron & Steel Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥29.82 Billion ≈ $4.36 Billion |
+1.93% |
| 2023-12-31 | CN¥29.25 Billion ≈ $4.28 Billion |
-1.48% |
| 2022-12-31 | CN¥29.70 Billion ≈ $4.35 Billion |
-4.73% |
| 2021-12-31 | CN¥31.17 Billion ≈ $4.56 Billion |
+38.88% |
| 2020-12-31 | CN¥22.44 Billion ≈ $3.28 Billion |
+15.13% |
| 2019-12-31 | CN¥19.50 Billion ≈ $2.85 Billion |
+0.90% |
| 2018-12-31 | CN¥19.32 Billion ≈ $2.83 Billion |
+3.88% |
| 2017-12-31 | CN¥18.60 Billion ≈ $2.72 Billion |
+68.93% |
| 2016-12-31 | CN¥11.01 Billion ≈ $1.61 Billion |
-39.72% |
| 2015-12-31 | CN¥18.27 Billion ≈ $2.67 Billion |
-13.94% |
| 2014-12-31 | CN¥21.23 Billion ≈ $3.11 Billion |
-5.66% |
| 2013-12-31 | CN¥22.50 Billion ≈ $3.29 Billion |
+57.06% |
| 2012-12-31 | CN¥14.33 Billion ≈ $2.10 Billion |
+10.06% |
| 2011-12-31 | CN¥13.02 Billion ≈ $1.90 Billion |
+6.86% |
| 2010-12-31 | CN¥12.18 Billion ≈ $1.78 Billion |
-3.32% |
| 2009-12-31 | CN¥12.60 Billion ≈ $1.84 Billion |
+3.75% |
| 2008-12-31 | CN¥12.14 Billion ≈ $1.78 Billion |
+17.63% |
| 2007-12-31 | CN¥10.32 Billion ≈ $1.51 Billion |
+31.14% |
| 2006-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
+43.97% |
| 2005-12-31 | CN¥5.47 Billion ≈ $800.15 Million |
+19.34% |
| 2004-12-31 | CN¥4.58 Billion ≈ $670.50 Million |
+37.98% |
| 2003-12-31 | CN¥3.32 Billion ≈ $485.93 Million |
+9.68% |
| 2002-12-31 | CN¥3.03 Billion ≈ $443.04 Million |
+82.02% |
| 2001-12-31 | CN¥1.66 Billion ≈ $243.41 Million |
+13.65% |
| 2000-12-31 | CN¥1.46 Billion ≈ $214.18 Million |
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About Xinjiang Ba Yi Iron & Steel Co Ltd
XinJiang Ba Yi Iron & Steel Co.,Ltd. focuses on smelting, rolling, processing, and selling of steel products primarily in China. Its principal products include hot-rolled coils, rebars, medium and thick plates, wire rods, profiles, hot-dip galvanized coils, bars, cold-rolled coils, and other products. The company was founded in 2000 is based in Ürümqi, China.