Xiangpiaopiao Food Co Ltd (603711) - Total Assets
Based on the latest financial reports, Xiangpiaopiao Food Co Ltd (603711) holds total assets worth CN¥4.72 Billion CNY (≈ $691.10 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 603711 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Xiangpiaopiao Food Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Xiangpiaopiao Food Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 603711 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Xiangpiaopiao Food Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xiangpiaopiao Food Co Ltd's total assets of CN¥4.72 Billion consist of 61.5% current assets and 38.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 51.0% |
| Accounts Receivable | CN¥70.82 Million | 1.5% |
| Inventory | CN¥186.18 Million | 3.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥177.04 Million | 3.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Xiangpiaopiao Food 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 Xiangpiaopiao Food Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xiangpiaopiao Food Co Ltd's current assets represent 61.5% of total assets in 2024, a decrease from 70.7% in 2012.
- Cash Position: Cash and equivalents constituted 51.0% of total assets in 2024, down from 59.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 3.8% of total assets.
Xiangpiaopiao Food Co Ltd Competitors by Total Assets
Key competitors of Xiangpiaopiao Food Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nestle S.A.
SW:NESN
|
Switzerland | CHF127.15 Billion |
|
JBS N.V.
NYSE:JBS
|
USA | $248.34 Billion |
|
MEIJI HLD.UN.ADR 1/4 O.N.
F:3M00
|
Germany | €1.23 Trillion |
|
CSPC Innovation Pharmaceutical Co Ltd Class A
SHE:300765
|
China | CN¥6.21 Billion |
|
ORKLA ADR/1 NK 625
F:OKL0
|
Germany | €88.70 Billion |
|
Tingyi (Cayman Islands) Holding Corp
F:TYG
|
Germany | €54.94 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
China | CN¥6.24 Billion |
|
Yihai International Holding Ltd
F:YIR
|
Germany | €5.36 Billion |
Xiangpiaopiao Food 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 | 2.11 | 1.89 | 1.48 |
| Quick Ratio | 1.97 | 1.78 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.49 Billion | CN¥1.39 Billion | CN¥864.66 Million |
Xiangpiaopiao Food Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xiangpiaopiao Food 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 | 1.68 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -6.9% |
| Total Assets | CN¥4.87 Billion |
| Market Capitalization | $744.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xiangpiaopiao Food Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xiangpiaopiao Food Co Ltd's assets decreased by 6.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xiangpiaopiao Food Co Ltd (2012–2024)
The table below shows the annual total assets of Xiangpiaopiao Food Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.87 Billion ≈ $713.11 Million |
-6.92% |
| 2023-12-31 | CN¥5.24 Billion ≈ $766.11 Million |
+3.80% |
| 2022-12-31 | CN¥5.04 Billion ≈ $738.09 Million |
+0.65% |
| 2021-12-31 | CN¥5.01 Billion ≈ $733.32 Million |
+5.77% |
| 2020-12-31 | CN¥4.74 Billion ≈ $693.30 Million |
+21.00% |
| 2019-12-31 | CN¥3.92 Billion ≈ $572.98 Million |
+17.25% |
| 2018-12-31 | CN¥3.34 Billion ≈ $488.69 Million |
+18.94% |
| 2017-12-31 | CN¥2.81 Billion ≈ $410.88 Million |
+29.48% |
| 2016-12-31 | CN¥2.17 Billion ≈ $317.33 Million |
+29.32% |
| 2015-12-31 | CN¥1.68 Billion ≈ $245.37 Million |
+7.09% |
| 2014-12-31 | CN¥1.57 Billion ≈ $229.14 Million |
+11.34% |
| 2013-12-31 | CN¥1.41 Billion ≈ $205.79 Million |
+7.80% |
| 2012-12-31 | CN¥1.30 Billion ≈ $190.90 Million |
-- |
About Xiangpiaopiao Food Co Ltd
XIANGPIAOPIAO Food Co.,Ltd researches, develops, produces, and sells milk tea beverage products in China. It offers liquid milk tea, brewed milk tea, boxed milk tea, cup fruit tea, Hong Kong-style tea, ready-to-drink milk tea, and other products under the Xiang Piao Piao Senpure, Meco, and LAN Fong Yuen brands. The company was founded in 2005 and is based in Huzhou, China.