Xintai Ntrl Gas (603393) - Total Assets
Based on the latest financial reports, Xintai Ntrl Gas (603393) holds total assets worth CN¥21.82 Billion CNY (≈ $3.19 Billion USD) 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. Check 603393 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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. Check Xintai Ntrl Gas (603393) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see Xintai Ntrl Gas (603393) market capitalisation.
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 |
|---|---|---|
|
Gas Malaysia Bhd
KLSE:5209
|
Malaysia | RM3.61 Billion |
|
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
IS:BASGZ
|
Turkey | TL36.63 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.39 Trillion |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
China | CN¥2.57 Billion |
|
SHANGH.DAZ.PUBL.UTIL.YC 1
F:6WL
|
Germany | €23.48 Billion |
|
Equus Energy Ltd
AU:EQU
|
Australia | AU$17.27 Million |
|
Hydrogenone Capital Growth PLC
LSE:HGEN
|
UK | GBX53.56 Million |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$713.19 Billion |
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 | 0.08 |
| Asset Growth Rate (YoY) | 25.4% |
| Total Assets | CN¥18.27 Billion |
| Market Capitalization | $1.55 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xintai Ntrl Gas's assets below their book value (0.08x), 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 ≈ $2.67 Billion |
+25.44% |
| 2023-12-31 | CN¥14.56 Billion ≈ $2.13 Billion |
+15.27% |
| 2022-12-31 | CN¥12.63 Billion ≈ $1.85 Billion |
+14.42% |
| 2021-12-31 | CN¥11.04 Billion ≈ $1.62 Billion |
+19.80% |
| 2020-12-31 | CN¥9.22 Billion ≈ $1.35 Billion |
+7.94% |
| 2019-12-31 | CN¥8.54 Billion ≈ $1.25 Billion |
+7.46% |
| 2018-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+246.07% |
| 2017-12-31 | CN¥2.30 Billion ≈ $335.98 Million |
+9.83% |
| 2016-12-31 | CN¥2.09 Billion ≈ $305.91 Million |
+108.12% |
| 2015-12-31 | CN¥1.00 Billion ≈ $146.99 Million |
+21.65% |
| 2014-12-31 | CN¥825.72 Million ≈ $120.83 Million |
+5.14% |
| 2013-12-31 | CN¥785.32 Million ≈ $114.92 Million |
+23.10% |
| 2012-12-31 | CN¥637.96 Million ≈ $93.35 Million |
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About Xintai Ntrl Gas
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