Changbai Mountain Tourism Co Ltd
Changbai Mountain Tourism Co., Ltd. operates in the tourism industry in China. The company engages in the tourist passenger transportation, hot spring development, hotel management, travel agency management, scenic spot management, transportation operation, hotel management, vacation services, business management and operation, product planning and marketing, and other activities. Changbai Mounta… Read more
Changbai Mountain Tourism Co Ltd (603099) - Total Assets
Latest total assets as of September 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, Changbai Mountain Tourism Co Ltd (603099) holds total assets worth CN¥1.69 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.
Changbai Mountain Tourism Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Changbai Mountain Tourism Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Changbai Mountain Tourism Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Changbai Mountain Tourism Co Ltd's total assets of CN¥1.69 Billion consist of 30.8% current assets and 69.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.8% |
| Accounts Receivable | CN¥79.74 Million | 5.5% |
| Inventory | CN¥16.45 Million | 1.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥168.51 Million | 11.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Changbai Mountain Tourism 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: Changbai Mountain Tourism Co Ltd's current assets represent 30.8% of total assets in 2024, a decrease from 36.4% in 2009.
- Cash Position: Cash and equivalents constituted 19.8% of total assets in 2024, down from 29.2% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 1.0% in 2009.
- Asset Diversification: The largest asset category is intangible assets at 11.7% of total assets.
Changbai Mountain Tourism Co Ltd Competitors by Total Assets
Key competitors of Changbai Mountain Tourism Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
TSG Star Travel Corp.
TWO:2719
|
Taiwan | NT$1.17 Billion |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
Changbai Mountain Tourism 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
Moderate asset utilization - Changbai Mountain Tourism Co Ltd generates 0.51x 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, Changbai Mountain Tourism Co Ltd generates $9.97 in net profit.
Changbai Mountain Tourism 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 | 1.80 | 2.71 | 2.51 |
| Quick Ratio | 1.74 | 2.59 | 2.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥256.46 Million | CN¥ 269.50 Million | CN¥ 161.64 Million |
Changbai Mountain Tourism Co Ltd - Advanced Valuation Insights
This section examines the relationship between Changbai Mountain Tourism 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 | 7.96 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 17.4% |
| Total Assets | CN¥1.45 Billion |
| Market Capitalization | $481.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changbai Mountain Tourism Co Ltd's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Changbai Mountain Tourism Co Ltd's assets grew by 17.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Changbai Mountain Tourism Co Ltd (2009–2024)
The table below shows the annual total assets of Changbai Mountain Tourism Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.45 Billion | +17.43% |
| 2023-12-31 | CN¥1.23 Billion | +15.10% |
| 2022-12-31 | CN¥1.07 Billion | -3.32% |
| 2021-12-31 | CN¥1.11 Billion | -8.37% |
| 2020-12-31 | CN¥1.21 Billion | -8.17% |
| 2019-12-31 | CN¥1.32 Billion | +3.93% |
| 2018-12-31 | CN¥1.27 Billion | +12.58% |
| 2017-12-31 | CN¥1.12 Billion | +0.85% |
| 2016-12-31 | CN¥1.12 Billion | +23.15% |
| 2015-12-31 | CN¥905.42 Million | +8.43% |
| 2014-12-31 | CN¥835.04 Million | +74.28% |
| 2013-12-31 | CN¥479.15 Million | +10.92% |
| 2012-12-31 | CN¥431.98 Million | +14.24% |
| 2011-12-31 | CN¥378.15 Million | +29.12% |
| 2010-12-31 | CN¥292.86 Million | +19.38% |
| 2009-12-31 | CN¥245.31 Million | -- |