China Satellite Communications Co Ltd

SHG:601698 China Telecom Services
Market Cap
$20.52 Billion
CN¥150.56 Billion CNY
Market Cap Rank
#2983 Global
#220 in China
Share Price
CN¥35.64
Change (1 day)
-2.52%
52-Week Range
CN¥17.80 - CN¥53.88
All Time High
CN¥53.88
About

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services. It offers business support platforms, including visualized platform to support design, simulation, and evaluation on satellite resources and satellite application; multi-satellite unified tracking, telemetry, and control (TT&C) platform; traditional beam comprehensive service; carrier grade satel… Read more

China Satellite Communications Co Ltd (601698) - Total Assets

Latest total assets as of September 2025: CN¥23.08 Billion CNY

Based on the latest financial reports, China Satellite Communications Co Ltd (601698) holds total assets worth CN¥23.08 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.

China Satellite Communications Co Ltd - Total Assets Trend (2014–2024)

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

China Satellite Communications Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

China Satellite Communications Co Ltd's total assets of CN¥23.08 Billion consist of 39.2% current assets and 60.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 29.0%
Accounts Receivable CN¥478.27 Million 2.1%
Inventory CN¥17.84 Million 0.1%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥1.53 Billion 6.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2014–2024)

This chart illustrates how China Satellite Communications 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: China Satellite Communications Co Ltd's current assets represent 39.2% of total assets in 2024, an increase from 22.2% in 2014.
  • Cash Position: Cash and equivalents constituted 29.0% of total assets in 2024, up from 15.7% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 1.0% in 2014.
  • Asset Diversification: The largest asset category is intangible assets at 6.8% of total assets.

China Satellite Communications Co Ltd Competitors by Total Assets

Key competitors of China Satellite Communications Co Ltd based on total assets are shown below.

Company Country Total Assets
WQN Inc
PINK:WQNI
USA $1.39 Million
XOX Technology Bhd
KLSE:0017
Malaysia RM95.64 Million
Beijing Bewinner Communications Co Ltd
SHE:002148
China CN¥1.41 Billion
Net263 Ltd
SHE:002467
China CN¥2.46 Billion
Runjian Communication Co Ltd Class A
SHE:002929
China CN¥21.50 Billion
Redtone International Bhd
KLSE:0032
Malaysia RM403.21 Million
Inscobee
KO:006490
Korea ₩77.14 Billion
Green Packet Bhd
KLSE:0082
Malaysia RM167.93 Million

China Satellite Communications 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: 0.11 - 0.16

Lower asset utilization - China Satellite Communications Co Ltd generates 0.11x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.54% - 4.11%

Moderate ROA - For every $100 in assets, China Satellite Communications Co Ltd generates $ 2.03 in net profit.

China Satellite Communications 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 4.57 4.45 3.42
Quick Ratio 4.55 4.45 3.42
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥7.50 Billion CN¥ 7.20 Billion CN¥ 4.32 Billion

China Satellite Communications Co Ltd - Advanced Valuation Insights

This section examines the relationship between China Satellite Communications 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 9.42
Latest Market Cap to Assets Ratio 0.20
Asset Growth Rate (YoY) -1.1%
Total Assets CN¥22.41 Billion
Market Capitalization $4.53 Billion USD

Valuation Analysis

Below Book Valuation: The market values China Satellite Communications Co Ltd's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: China Satellite Communications Co Ltd's assets decreased by 1.1% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for China Satellite Communications Co Ltd (2014–2024)

The table below shows the annual total assets of China Satellite Communications Co Ltd from 2014 to 2024.

Year Total Assets Change
2024-12-31 CN¥22.41 Billion -1.07%
2023-12-31 CN¥22.66 Billion +1.01%
2022-12-31 CN¥22.43 Billion +17.37%
2021-12-31 CN¥19.11 Billion +4.48%
2020-12-31 CN¥18.29 Billion +0.73%
2019-12-31 CN¥18.16 Billion +5.88%
2018-12-31 CN¥17.15 Billion +2.46%
2017-12-31 CN¥16.74 Billion +0.53%
2016-12-31 CN¥16.65 Billion +13.18%
2015-12-31 CN¥14.71 Billion -5.16%
2014-12-31 CN¥15.51 Billion --