Western Gold Co Ltd
Western Region Gold Co., Ltd. engages in the gold mining, dressing, and smelting business in China. It is also involved in manganese ore mining; and production, processing, and sales of electrolytic manganese. The company was founded in 2002 and is based in Urumqi, China. Western Region Gold Co., Ltd. operates as a subsidiary of Xinjiang NonFerrous Metal Industry (Group) Co.Ltd.
Western Gold Co Ltd (601069) - Total Assets
Latest total assets as of September 2025: CN¥14.45 Billion CNY
Based on the latest financial reports, Western Gold Co Ltd (601069) holds total assets worth CN¥14.45 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.
Western Gold Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Western Gold Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Gold Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Gold Co Ltd's total assets of CN¥14.45 Billion consist of 41.6% current assets and 58.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.4% |
| Accounts Receivable | CN¥962.90 Million | 12.6% |
| Inventory | CN¥829.11 Million | 10.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.81 Billion | 23.8% |
| Goodwill | CN¥136.24 Million | 1.8% |
Asset Composition Trend (2011–2024)
This chart illustrates how Western Gold 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: Western Gold Co Ltd's current assets represent 41.6% of total assets in 2024, an increase from 28.6% in 2011.
- Cash Position: Cash and equivalents constituted 15.4% of total assets in 2024, up from 9.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 20.0% in 2011.
- Asset Diversification: The largest asset category is intangible assets at 23.8% of total assets.
Western Gold Co Ltd Competitors by Total Assets
Key competitors of Western Gold Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alamos Gold Inc
NYSE:AGI
|
USA | $5.98 Billion |
|
K92 Mining Inc
OTCQX:KNTNF
|
USA | $861.71 Million |
|
Calibre Mining Corp
OTCQX:CXBMF
|
USA | $1.90 Billion |
|
Catalyst Metals Limited
PINK:CTYMF
|
USA | $340.48 Million |
|
Kingsgate Consolidated Limited
PINK:KSKGF
|
USA | $541.78 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
Western Gold 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
Strong asset utilization - Western Gold Co Ltd generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Western Gold Co Ltd generates $ 3.80 in net profit.
Western Gold 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 | 1.33 | 3.08 | 1.11 |
| Quick Ratio | 0.78 | 2.08 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.41 Billion | CN¥ 1.86 Billion | CN¥ 87.13 Million |
Western Gold Co Ltd - Advanced Valuation Insights
This section examines the relationship between Western Gold 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 | 6.78 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥7.63 Billion |
| Market Capitalization | $1.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Western Gold Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Western Gold Co Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Western Gold Co Ltd (2011–2024)
The table below shows the annual total assets of Western Gold Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.63 Billion | +13.08% |
| 2023-12-31 | CN¥6.74 Billion | +8.76% |
| 2022-12-31 | CN¥6.20 Billion | +126.30% |
| 2021-12-31 | CN¥2.74 Billion | +0.52% |
| 2020-12-31 | CN¥2.73 Billion | +3.19% |
| 2019-12-31 | CN¥2.64 Billion | -1.21% |
| 2018-12-31 | CN¥2.67 Billion | +8.04% |
| 2017-12-31 | CN¥2.47 Billion | -7.94% |
| 2016-12-31 | CN¥2.69 Billion | +5.60% |
| 2015-12-31 | CN¥2.55 Billion | +9.87% |
| 2014-12-31 | CN¥2.32 Billion | +2.75% |
| 2013-12-31 | CN¥2.26 Billion | +21.86% |
| 2012-12-31 | CN¥1.85 Billion | +53.78% |
| 2011-12-31 | CN¥1.20 Billion | -- |