Xinjiang East Universe Group Gas Co Ltd
Xinjiang East Universe Gas Co.Ltd. engages in the natural gas sales, natural gas facility equipment installation, and natural gas heating businesses. It also provides refrigeration and air conditioning services. The company was founded in 2001 and is based in Changji, the People's Republic of China
Xinjiang East Universe Group Gas Co Ltd (603706) - Total Assets
Latest total assets as of September 2025: CN¥2.59 Billion CNY
Based on the latest financial reports, Xinjiang East Universe Group Gas Co Ltd (603706) holds total assets worth CN¥2.59 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.
Xinjiang East Universe Group Gas Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Xinjiang East Universe Group Gas Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinjiang East Universe Group Gas Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinjiang East Universe Group Gas Co Ltd's total assets of CN¥2.59 Billion consist of 51.6% current assets and 48.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.3% |
| Accounts Receivable | CN¥234.89 Million | 8.1% |
| Inventory | CN¥165.98 Million | 5.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥105.81 Million | 3.6% |
| Goodwill | CN¥135.60 Million | 4.7% |
Asset Composition Trend (2014–2024)
This chart illustrates how Xinjiang East Universe Group 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinjiang East Universe Group Gas Co Ltd's current assets represent 51.6% of total assets in 2024, an increase from 44.4% in 2014.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2024, down from 13.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, a decrease from 10.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 8.1% of total assets.
Xinjiang East Universe Group Gas Co Ltd Competitors by Total Assets
Key competitors of Xinjiang East Universe Group Gas Co Ltd 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 |
Xinjiang East Universe Group Gas 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 - Xinjiang East Universe Group Gas Co Ltd generates 0.49x 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, Xinjiang East Universe Group Gas Co Ltd generates $6.77 in net profit.
Xinjiang East Universe Group 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 | 1.87 | 1.60 | 2.57 |
| Quick Ratio | 1.65 | 1.24 | 2.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥580.22 Million | CN¥ 467.60 Million | CN¥ 740.32 Million |
Xinjiang East Universe Group Gas Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinjiang East Universe Group 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 | 2.37 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥2.92 Billion |
| Market Capitalization | $142.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang East Universe Group Gas Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Xinjiang East Universe Group Gas Co Ltd's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Xinjiang East Universe Group Gas Co Ltd (2014–2024)
The table below shows the annual total assets of Xinjiang East Universe Group Gas Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion | -0.11% |
| 2023-12-31 | CN¥2.92 Billion | +9.78% |
| 2022-12-31 | CN¥2.66 Billion | +3.28% |
| 2021-12-31 | CN¥2.58 Billion | -3.09% |
| 2020-12-31 | CN¥2.66 Billion | +87.68% |
| 2019-12-31 | CN¥1.42 Billion | +5.48% |
| 2018-12-31 | CN¥1.34 Billion | +69.97% |
| 2017-12-31 | CN¥790.22 Million | +7.98% |
| 2016-12-31 | CN¥731.85 Million | +39.67% |
| 2015-12-31 | CN¥523.99 Million | +18.13% |
| 2014-12-31 | CN¥443.58 Million | -- |