Xinjiang Torch Gas Co Ltd (603080) - Total Assets
Based on the latest financial reports, Xinjiang Torch Gas Co Ltd (603080) holds total assets worth CN¥2.57 Billion CNY (≈ $375.51 Million USD) as of March 2026. 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. Explore Xinjiang Torch Gas Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Xinjiang Torch Gas Co Ltd - Total Assets Trend (2012–2025)
This chart illustrates how Xinjiang Torch Gas Co Ltd's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Xinjiang Torch Gas Co Ltd for net asset value and shareholders' equity analysis.
Xinjiang Torch Gas Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Xinjiang Torch Gas Co Ltd's total assets of CN¥2.57 Billion consist of 24.5% current assets and 75.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.5% |
| Accounts Receivable | CN¥155.41 Million | 6.0% |
| Inventory | CN¥65.53 Million | 2.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥534.83 Million | 20.5% |
| Goodwill | CN¥275.65 Million | 10.6% |
Asset Composition Trend (2012–2025)
This chart illustrates how Xinjiang Torch Gas 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 603080 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinjiang Torch Gas Co Ltd's current assets represent 24.5% of total assets in 2025, a decrease from 36.2% in 2012.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2025, up from 2.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 13.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 20.5% of total assets.
Xinjiang Torch Gas Co Ltd Competitors by Total Assets
Key competitors of Xinjiang Torch Gas Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
|
Romania | RON10.92 Billion |
|
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
|
Brazil | R$14.87 Billion |
|
Chongqing Gas Grp Corp Ltd
SHG:600917
|
China | CN¥10.95 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.39 Trillion |
|
Shin Shin Natural Gas Co Ltd
TW:9918
|
Taiwan | NT$5.86 Billion |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
Argentina | AR$658.34 Billion |
|
GREENHY2 Ltd
AU:H2G
|
Australia | AU$4.37 Million |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$713.19 Billion |
Xinjiang Torch Gas 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 | 0.94 | 1.05 | 2.85 |
| Quick Ratio | 0.84 | 0.92 | 2.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-40.29 Million | CN¥28.33 Million | CN¥536.15 Million |
Xinjiang Torch Gas Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinjiang Torch Gas 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 | 1.69 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | CN¥2.60 Billion |
| Market Capitalization | $375.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang Torch Gas Co Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xinjiang Torch Gas Co Ltd's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xinjiang Torch Gas Co Ltd (2012–2025)
The table below shows the annual total assets of Xinjiang Torch Gas Co Ltd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.60 Billion ≈ $381.19 Million |
+8.40% |
| 2024-12-31 | CN¥2.40 Billion ≈ $351.63 Million |
+3.03% |
| 2023-12-31 | CN¥2.33 Billion ≈ $341.30 Million |
+25.54% |
| 2022-12-31 | CN¥1.86 Billion ≈ $271.87 Million |
-9.95% |
| 2021-12-31 | CN¥2.06 Billion ≈ $301.93 Million |
+11.75% |
| 2020-12-31 | CN¥1.85 Billion ≈ $270.19 Million |
+12.57% |
| 2019-12-31 | CN¥1.64 Billion ≈ $240.01 Million |
+22.53% |
| 2018-12-31 | CN¥1.34 Billion ≈ $195.88 Million |
+19.69% |
| 2017-12-31 | CN¥1.12 Billion ≈ $163.65 Million |
+96.43% |
| 2016-12-31 | CN¥569.36 Million ≈ $83.32 Million |
+16.16% |
| 2015-12-31 | CN¥490.17 Million ≈ $71.73 Million |
+33.97% |
| 2014-12-31 | CN¥365.89 Million ≈ $53.54 Million |
-21.64% |
| 2013-12-31 | CN¥466.92 Million ≈ $68.32 Million |
+18.07% |
| 2012-12-31 | CN¥395.44 Million ≈ $57.87 Million |
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About Xinjiang Torch Gas Co Ltd
Xinjiang Torch Gas Co., Ltd operates as a gas service company in China. The company engages in the natural gas transmission, distribution, and sales; operation and management of gas station; urban heating supply; operation and management of taxi; and provision of gas facility and equipment installation services. It also holds the urban natural gas pipeline business. Xinjiang Torch Gas Co., Ltd wa… Read more