G-bits Network Technology Xiamen Co Ltd
G-bits Network Technology (Xiamen) Co., Ltd. develops and operates of PC and mobile online games. It also offers consultation and publishing services to game producers. The company was founded in 2004 and is based in Xiamen, China.
G-bits Network Technology Xiamen Co Ltd (603444) - Total Assets
Latest total assets as of September 2025: CN¥8.21 Billion CNY
Based on the latest financial reports, G-bits Network Technology Xiamen Co Ltd (603444) holds total assets worth CN¥8.21 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.
G-bits Network Technology Xiamen Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how G-bits Network Technology Xiamen Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
G-bits Network Technology Xiamen Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
G-bits Network Technology Xiamen Co Ltd's total assets of CN¥8.21 Billion consist of 62.0% current assets and 38.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.5% |
| Accounts Receivable | CN¥205.21 Million | 3.0% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥69.91 Million | 1.0% |
| Goodwill | CN¥3.81 Million | 0.1% |
Asset Composition Trend (2011–2024)
This chart illustrates how G-bits Network Technology Xiamen 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: G-bits Network Technology Xiamen Co Ltd's current assets represent 62.0% of total assets in 2024, a decrease from 84.7% in 2011.
- Cash Position: Cash and equivalents constituted 32.5% of total assets in 2024, down from 80.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 3.0% of total assets.
G-bits Network Technology Xiamen Co Ltd Competitors by Total Assets
Key competitors of G-bits Network Technology Xiamen Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
G-bits Network Technology Xiamen 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 - G-bits Network Technology Xiamen Co Ltd generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, G-bits Network Technology Xiamen Co Ltd generates $ 13.65 in net profit.
G-bits Network Technology Xiamen 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 | 3.32 | 3.16 | 3.35 |
| Quick Ratio | 3.32 | 3.16 | 4.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.88 Billion | CN¥ 2.70 Billion | CN¥ 2.28 Billion |
G-bits Network Technology Xiamen Co Ltd - Advanced Valuation Insights
This section examines the relationship between G-bits Network Technology Xiamen 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 | 5.84 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | CN¥6.92 Billion |
| Market Capitalization | $2.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values G-bits Network Technology Xiamen Co Ltd's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: G-bits Network Technology Xiamen Co Ltd's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for G-bits Network Technology Xiamen Co Ltd (2011–2024)
The table below shows the annual total assets of G-bits Network Technology Xiamen Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.92 Billion | +4.32% |
| 2023-12-31 | CN¥6.64 Billion | +2.25% |
| 2022-12-31 | CN¥6.49 Billion | -8.63% |
| 2021-12-31 | CN¥7.10 Billion | +31.84% |
| 2020-12-31 | CN¥5.39 Billion | +23.32% |
| 2019-12-31 | CN¥4.37 Billion | +9.00% |
| 2018-12-31 | CN¥4.01 Billion | +27.50% |
| 2017-12-31 | CN¥3.14 Billion | +18.94% |
| 2016-12-31 | CN¥2.64 Billion | +326.42% |
| 2015-12-31 | CN¥619.82 Million | +36.57% |
| 2014-12-31 | CN¥453.86 Million | +41.11% |
| 2013-12-31 | CN¥321.63 Million | -25.61% |
| 2012-12-31 | CN¥432.37 Million | +0.99% |
| 2011-12-31 | CN¥428.12 Million | -- |