Xinjiang East Universe Group Gas Co Ltd (603706) - Total Assets
Based on the latest financial reports, Xinjiang East Universe Group Gas Co Ltd (603706) holds total assets worth CN¥2.59 Billion CNY (≈ $378.88 Million 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 total reinvestment intensity of Xinjiang East Universe Group Gas Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
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. Check 603706 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see 603706 market cap.
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 |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL
|
India | Rs1.36 Trillion |
|
Spire Inc
NYSE:SR
|
USA | $14.67 Billion |
|
Gas Malaysia Bhd
KLSE:5209
|
Malaysia | RM3.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
China | CN¥2.57 Billion |
|
Shin Hai Gas Corp
TW:9926
|
Taiwan | NT$8.75 Billion |
|
Hsin Tai Gas Co Ltd
TWO:8917
|
Taiwan | NT$6.03 Billion |
|
Daesung Energy
KO:117580
|
Korea | ₩640.40 Billion |
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 | 0.19 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥2.92 Billion |
| Market Capitalization | $548.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang East Universe Group Gas Co Ltd's assets below their book value (0.19x), 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 ≈ $427.04 Million |
-0.11% |
| 2023-12-31 | CN¥2.92 Billion ≈ $427.50 Million |
+9.78% |
| 2022-12-31 | CN¥2.66 Billion ≈ $389.41 Million |
+3.28% |
| 2021-12-31 | CN¥2.58 Billion ≈ $377.04 Million |
-3.09% |
| 2020-12-31 | CN¥2.66 Billion ≈ $389.07 Million |
+87.68% |
| 2019-12-31 | CN¥1.42 Billion ≈ $207.31 Million |
+5.48% |
| 2018-12-31 | CN¥1.34 Billion ≈ $196.54 Million |
+69.97% |
| 2017-12-31 | CN¥790.22 Million ≈ $115.63 Million |
+7.98% |
| 2016-12-31 | CN¥731.85 Million ≈ $107.09 Million |
+39.67% |
| 2015-12-31 | CN¥523.99 Million ≈ $76.68 Million |
+18.13% |
| 2014-12-31 | CN¥443.58 Million ≈ $64.91 Million |
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About 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