Shandong Xinchao Energy Co Ltd
Shandong Xinchao Energy Corporation Limited engages in the exploration, production, and sale of oil and natural gas in China. The company holds interest in oil fields in Crosby County, Texas; and shale oil and gas properties in Howard and Borden counties, Texas. The company was formerly known as Yantai Xinchao Industry Co., Ltd. and changed its name to Shandong Xinchao Energy Corporation Limited … Read more
Shandong Xinchao Energy Co Ltd (600777) - Total Assets
Latest total assets as of September 2025: CN¥35.97 Billion CNY
Based on the latest financial reports, Shandong Xinchao Energy Co Ltd (600777) holds total assets worth CN¥35.97 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.
Shandong Xinchao Energy Co Ltd - Total Assets Trend (1993–2024)
This chart illustrates how Shandong Xinchao Energy Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Xinchao Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Xinchao Energy Co Ltd's total assets of CN¥35.97 Billion consist of 14.1% current assets and 85.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.2% |
| Accounts Receivable | CN¥1.22 Billion | 3.4% |
| Inventory | CN¥52.22 Million | 0.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥33.63 Million | 0.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Shandong Xinchao Energy 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Xinchao Energy Co Ltd's current assets represent 14.1% of total assets in 2024, a decrease from 68.7% in 1993.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2024, down from 9.3% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 3.4% of total assets.
Shandong Xinchao Energy Co Ltd Competitors by Total Assets
Key competitors of Shandong Xinchao Energy Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Shandong Xinchao Energy Co Ltd - 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 - Shandong Xinchao Energy Co Ltd generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Shandong Xinchao Energy Co Ltd generates $5.75 in net profit.
Shandong Xinchao Energy 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 | 2.36 | 1.61 | 1.21 |
| Quick Ratio | 2.33 | 1.59 | 1.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.11 Billion | CN¥ 1.64 Billion | CN¥ 348.53 Million |
Shandong Xinchao Energy Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Xinchao Energy 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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 5.5% |
| Total Assets | CN¥35.42 Billion |
| Market Capitalization | $1.35 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Xinchao Energy Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Xinchao Energy Co Ltd's assets grew by 5.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Xinchao Energy Co Ltd (1993–2024)
The table below shows the annual total assets of Shandong Xinchao Energy Co Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥35.42 Billion | +5.48% |
| 2023-12-31 | CN¥33.58 Billion | +7.23% |
| 2022-12-31 | CN¥31.32 Billion | +19.55% |
| 2021-12-31 | CN¥26.20 Billion | +15.25% |
| 2020-12-31 | CN¥22.73 Billion | -20.09% |
| 2019-12-31 | CN¥28.45 Billion | +14.94% |
| 2018-12-31 | CN¥24.75 Billion | +24.32% |
| 2017-12-31 | CN¥19.91 Billion | +227.25% |
| 2016-12-31 | CN¥6.08 Billion | +17.42% |
| 2015-12-31 | CN¥5.18 Billion | +21.17% |
| 2014-12-31 | CN¥4.28 Billion | -28.70% |
| 2013-12-31 | CN¥6.00 Billion | +5.93% |
| 2012-12-31 | CN¥5.66 Billion | +8.67% |
| 2011-12-31 | CN¥5.21 Billion | +12.75% |
| 2010-12-31 | CN¥4.62 Billion | +5.21% |
| 2009-12-31 | CN¥4.39 Billion | +8.80% |
| 2008-12-31 | CN¥4.04 Billion | +23.46% |
| 2007-12-31 | CN¥3.27 Billion | +7.58% |
| 2006-12-31 | CN¥3.04 Billion | +5.62% |
| 2005-12-31 | CN¥2.88 Billion | +3.45% |
| 2004-12-31 | CN¥2.78 Billion | +57.32% |
| 2003-12-31 | CN¥1.77 Billion | +42.41% |
| 2002-12-31 | CN¥1.24 Billion | +11.31% |
| 2001-12-31 | CN¥1.12 Billion | +14.11% |
| 2000-12-31 | CN¥977.39 Million | +35.67% |
| 1999-12-31 | CN¥720.41 Million | +95.70% |
| 1998-12-31 | CN¥368.12 Million | +65.71% |
| 1997-12-31 | CN¥222.15 Million | +52.51% |
| 1996-12-31 | CN¥145.66 Million | -2.81% |
| 1995-12-31 | CN¥149.87 Million | +10.43% |
| 1994-12-31 | CN¥135.71 Million | +46.31% |
| 1993-12-31 | CN¥92.76 Million | -- |