Xinjiang Joinworld Co Ltd

SHG:600888 China Aluminum
Market Cap
$1.81 Billion
CN¥13.31 Billion CNY
Market Cap Rank
#7265 Global
#1220 in China
Share Price
CN¥9.48
Change (1 day)
-5.29%
52-Week Range
CN¥6.52 - CN¥10.01
All Time High
CN¥10.53
About

Xinjiang Joinworld Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of aluminum products in China and internationally. The company offers aluminum, electronic aluminum foil, medium and high voltage electrode foil, corrosion foil, etched foil, chemical foil, formed foil, aluminum alloys, and other electronic components. Its aluminum products … Read more

Xinjiang Joinworld Co Ltd (600888) - Total Assets

Latest total assets as of September 2025: CN¥19.79 Billion CNY

Based on the latest financial reports, Xinjiang Joinworld Co Ltd (600888) holds total assets worth CN¥19.79 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.

Xinjiang Joinworld Co Ltd - Total Assets Trend (1992–2024)

This chart illustrates how Xinjiang Joinworld Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Xinjiang Joinworld Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Xinjiang Joinworld Co Ltd's total assets of CN¥19.79 Billion consist of 44.9% current assets and 55.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 19.1%
Accounts Receivable CN¥2.24 Billion 12.6%
Inventory CN¥1.71 Billion 9.6%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥256.45 Million 1.4%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (1992–2024)

This chart illustrates how Xinjiang Joinworld 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: Xinjiang Joinworld Co Ltd's current assets represent 44.9% of total assets in 2024, a decrease from 59.3% in 1992.
  • Cash Position: Cash and equivalents constituted 19.1% of total assets in 2024, up from 0.0% in 1992.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1992.
  • Asset Diversification: The largest asset category is accounts receivable at 12.6% of total assets.

Xinjiang Joinworld Co Ltd Competitors by Total Assets

Key competitors of Xinjiang Joinworld Co Ltd based on total assets are shown below.

Xinjiang Joinworld 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

Historical Range: 0.39 - 0.85

Moderate asset utilization - Xinjiang Joinworld Co Ltd generates 0.41x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.28% - 10.79%

Solid ROA - For every $100 in assets, Xinjiang Joinworld Co Ltd generates $6.74 in net profit.

Xinjiang Joinworld 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 1.78 1.98 1.49
Quick Ratio 1.33 1.51 1.07
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.34 Billion CN¥ 3.71 Billion CN¥ 1.59 Billion

Xinjiang Joinworld Co Ltd - Advanced Valuation Insights

This section examines the relationship between Xinjiang Joinworld 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 1.06
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 6.8%
Total Assets CN¥17.85 Billion
Market Capitalization $1.01 Billion USD

Valuation Analysis

Below Book Valuation: The market values Xinjiang Joinworld Co Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Xinjiang Joinworld Co Ltd's assets grew by 6.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Xinjiang Joinworld Co Ltd (1992–2024)

The table below shows the annual total assets of Xinjiang Joinworld Co Ltd from 1992 to 2024.

Year Total Assets Change
2024-12-31 CN¥17.85 Billion +6.77%
2023-12-31 CN¥16.72 Billion +16.58%
2022-12-31 CN¥14.34 Billion +2.83%
2021-12-31 CN¥13.95 Billion +19.06%
2020-12-31 CN¥11.71 Billion -0.13%
2019-12-31 CN¥11.73 Billion +12.51%
2018-12-31 CN¥10.42 Billion +2.86%
2017-12-31 CN¥10.14 Billion +4.51%
2016-12-31 CN¥9.70 Billion +8.28%
2015-12-31 CN¥8.96 Billion +1.73%
2014-12-31 CN¥8.80 Billion +8.94%
2013-12-31 CN¥8.08 Billion +11.52%
2012-12-31 CN¥7.25 Billion +3.07%
2011-12-31 CN¥7.03 Billion +85.13%
2010-12-31 CN¥3.80 Billion +41.58%
2009-12-31 CN¥2.68 Billion +10.82%
2008-12-31 CN¥2.42 Billion +64.69%
2007-12-31 CN¥1.47 Billion +9.21%
2006-12-31 CN¥1.35 Billion -1.19%
2005-12-31 CN¥1.36 Billion -3.11%
2004-12-31 CN¥1.41 Billion +0.11%
2003-12-31 CN¥1.40 Billion +13.39%
2002-12-31 CN¥1.24 Billion +1.57%
2001-12-31 CN¥1.22 Billion +33.97%
2000-12-31 CN¥910.08 Million +26.97%
1999-12-31 CN¥716.77 Million -0.51%
1998-12-31 CN¥720.43 Million +18.23%
1997-12-31 CN¥609.34 Million +13.30%
1996-12-31 CN¥537.83 Million +49.94%
1995-12-31 CN¥358.69 Million +39.89%
1994-12-31 CN¥256.41 Million +16.79%
1993-12-31 CN¥219.55 Million +5.12%
1992-12-31 CN¥208.85 Million --