Xintai Ntrl Gas

SHG:603393 China Utilities - Regulated Gas
Market Cap
$2.43 Billion
CN¥17.86 Billion CNY
Market Cap Rank
#6478 Global
#992 in China
Share Price
CN¥42.14
Change (1 day)
-1.57%
52-Week Range
CN¥26.06 - CN¥42.81
All Time High
CN¥443.01
About

Xinjiang Xintai Natural Gas Co., Ltd., together with its subsidiaries, transmits, distributes, sells, and installs natural gas in China. The company operates through three segments: Urban Gas, Coalbed Methane, and Others. It engages in the home installation of natural gas; exploration, development, and production of coalbed methane and conventional oil and gas; and operation of pipelines and gas … Read more

Xintai Ntrl Gas (603393) - Total Assets

Latest total assets as of September 2025: CN¥21.82 Billion CNY

Based on the latest financial reports, Xintai Ntrl Gas (603393) holds total assets worth CN¥21.82 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.

Xintai Ntrl Gas - Total Assets Trend (2012–2024)

This chart illustrates how Xintai Ntrl Gas’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Xintai Ntrl Gas - Asset Composition Analysis

Current Asset Composition (December 2024)

Xintai Ntrl Gas's total assets of CN¥21.82 Billion consist of 27.2% current assets and 72.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 14.3%
Accounts Receivable CN¥2.03 Billion 11.1%
Inventory CN¥66.27 Million 0.4%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥52.81 Million 0.3%
Goodwill CN¥38.50 Million 0.2%

Asset Composition Trend (2012–2024)

This chart illustrates how Xintai Ntrl Gas'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: Xintai Ntrl Gas's current assets represent 27.2% of total assets in 2024, an increase from 22.1% in 2012.
  • Cash Position: Cash and equivalents constituted 14.3% of total assets in 2024, up from 13.8% in 2012.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2012.
  • Asset Diversification: The largest asset category is accounts receivable at 11.1% of total assets.

Xintai Ntrl Gas Competitors by Total Assets

Key competitors of Xintai Ntrl Gas based on total assets are shown below.

Company Country Total Assets
Delong Composite Energy Group Co Ltd
SHE:000593
China CN¥1.92 Billion
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
China CN¥1.61 Billion
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
China CN¥1.58 Billion
Foran Energy Group Co Ltd
SHE:002911
China CN¥21.05 Billion
Samchully
KO:004690
Korea ₩4.23 Trillion
Taekyung Chem
KO:006890
Korea ₩222.46 Billion
Kyungdong Gas
KO:012320
Korea ₩598.73 Billion
Yesco Holdings Co. Ltd
KO:015360
Korea ₩1.34 Trillion

Xintai Ntrl Gas - 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: 0.21 - 0.95

Lower asset utilization - Xintai Ntrl Gas generates 0.21x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.90% - 19.95%

Solid ROA - For every $100 in assets, Xintai Ntrl Gas generates $6.49 in net profit.

Xintai Ntrl Gas - 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 1.85 1.60 2.85
Quick Ratio 1.83 1.59 2.83
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥2.75 Billion CN¥ 2.01 Billion CN¥ 2.42 Billion

Xintai Ntrl Gas - Advanced Valuation Insights

This section examines the relationship between Xintai Ntrl Gas'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 1.39
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) 25.4%
Total Assets CN¥18.27 Billion
Market Capitalization $1.23 Billion USD

Valuation Analysis

Below Book Valuation: The market values Xintai Ntrl Gas's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Xintai Ntrl Gas's assets grew by 25.4% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Xintai Ntrl Gas (2012–2024)

The table below shows the annual total assets of Xintai Ntrl Gas from 2012 to 2024.

Year Total Assets Change
2024-12-31 CN¥18.27 Billion +25.44%
2023-12-31 CN¥14.56 Billion +15.27%
2022-12-31 CN¥12.63 Billion +14.42%
2021-12-31 CN¥11.04 Billion +19.80%
2020-12-31 CN¥9.22 Billion +7.94%
2019-12-31 CN¥8.54 Billion +7.46%
2018-12-31 CN¥7.95 Billion +246.07%
2017-12-31 CN¥2.30 Billion +9.83%
2016-12-31 CN¥2.09 Billion +108.12%
2015-12-31 CN¥1.00 Billion +21.65%
2014-12-31 CN¥825.72 Million +5.14%
2013-12-31 CN¥785.32 Million +23.10%
2012-12-31 CN¥637.96 Million --