Xingguang Agricultural Mach (603789) - Total Assets
Based on the latest financial reports, Xingguang Agricultural Mach (603789) holds total assets worth CN¥1.24 Billion CNY (≈ $181.98 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 Xingguang Agricultural Mach (603789) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Xingguang Agricultural Mach - Total Assets Trend (2011–2024)
This chart illustrates how Xingguang Agricultural Mach's total assets have evolved over time, based on quarterly financial data. Explore Xingguang Agricultural Mach (603789) investment intensity to see how much of total assets are deployed in long-term investments.
Xingguang Agricultural Mach - Asset Composition Analysis
Current Asset Composition (December 2024)
Xingguang Agricultural Mach's total assets of CN¥1.24 Billion consist of 48.7% current assets and 51.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.1% |
| Accounts Receivable | CN¥278.05 Million | 24.0% |
| Inventory | CN¥207.09 Million | 17.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥76.97 Million | 6.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Xingguang Agricultural Mach'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 603789 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xingguang Agricultural Mach's current assets represent 48.7% of total assets in 2024, a decrease from 89.6% in 2011.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, down from 81.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 24.0% of total assets.
Xingguang Agricultural Mach Competitors by Total Assets
Key competitors of Xingguang Agricultural Mach based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥82.82 Billion |
|
HBIS Resources Co Ltd
SHE:000923
|
China | CN¥17.92 Billion |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
China | CN¥2.38 Billion |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
Germany | €2.99 Billion |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
|
IMDEX Ltd
AU:IMD
|
Australia | AU$830.15 Million |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
China | CN¥17.05 Billion |
|
Austin Engineering Ltd
AU:ANG
|
Australia | AU$273.50 Million |
Xingguang Agricultural Mach - 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 | 1.12 | 0.90 | 1.81 |
| Quick Ratio | 0.84 | 0.59 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥91.08 Million | CN¥-60.73 Million | CN¥366.18 Million |
Xingguang Agricultural Mach - Advanced Valuation Insights
This section examines the relationship between Xingguang Agricultural Mach'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 | 8.69 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -10.5% |
| Total Assets | CN¥1.16 Billion |
| Market Capitalization | $204.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xingguang Agricultural Mach's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xingguang Agricultural Mach's assets decreased by 10.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xingguang Agricultural Mach (2011–2024)
The table below shows the annual total assets of Xingguang Agricultural Mach from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.89 Million |
-10.46% |
| 2023-12-31 | CN¥1.30 Billion ≈ $189.74 Million |
+20.54% |
| 2022-12-31 | CN¥1.08 Billion ≈ $157.41 Million |
-19.23% |
| 2021-12-31 | CN¥1.33 Billion ≈ $194.89 Million |
-4.95% |
| 2020-12-31 | CN¥1.40 Billion ≈ $205.03 Million |
-18.51% |
| 2019-12-31 | CN¥1.72 Billion ≈ $251.59 Million |
+6.40% |
| 2018-12-31 | CN¥1.62 Billion ≈ $236.45 Million |
+10.29% |
| 2017-12-31 | CN¥1.47 Billion ≈ $214.39 Million |
-5.54% |
| 2016-12-31 | CN¥1.55 Billion ≈ $226.97 Million |
+38.04% |
| 2015-12-31 | CN¥1.12 Billion ≈ $164.42 Million |
+34.99% |
| 2014-12-31 | CN¥832.36 Million ≈ $121.80 Million |
+24.54% |
| 2013-12-31 | CN¥668.32 Million ≈ $97.80 Million |
-7.19% |
| 2012-12-31 | CN¥720.12 Million ≈ $105.38 Million |
+43.50% |
| 2011-12-31 | CN¥501.83 Million ≈ $73.43 Million |
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About Xingguang Agricultural Mach
Thinker Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery in China and internationally. Its products include grain harvesting, grain crop harvesting, grain processing, farming, power, and hay harvesting machineries. The company was founded in 2004 and is based in Huzhou, China.