Xinhuanet Co Ltd
Xinhuanet Co., Ltd. operates a news information service portal in China. The company publishes news from local channels PC; foreign language websites; English, French, Spanish, Russian, Arabic, Japanese, Korean, German and Portuguese, Xinhuanet Client, and Xinhuanet International clients. It also provides online advertising and information services; multimedia information services, big data intel… Read more
Xinhuanet Co Ltd (603888) - Total Assets
Latest total assets as of September 2025: CN¥4.93 Billion CNY
Based on the latest financial reports, Xinhuanet Co Ltd (603888) holds total assets worth CN¥4.93 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.
Xinhuanet Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Xinhuanet Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinhuanet Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinhuanet Co Ltd's total assets of CN¥4.93 Billion consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 45.9% |
| Accounts Receivable | CN¥468.38 Million | 9.1% |
| Inventory | CN¥7.81 Million | 0.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥92.22 Million | 1.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Xinhuanet 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: Xinhuanet Co Ltd's current assets represent 62.0% of total assets in 2024, a decrease from 95.6% in 2011.
- Cash Position: Cash and equivalents constituted 45.9% of total assets in 2024, down from 84.7% 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 9.1% of total assets.
Xinhuanet Co Ltd Competitors by Total Assets
Key competitors of Xinhuanet Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SportsHero Limited
PINK:NIROF
|
USA | $527.01K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Xinhuanet 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 - Xinhuanet Co Ltd generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Xinhuanet Co Ltd generates $ 4.56 in net profit.
Xinhuanet 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 | 3.04 | 2.73 | 4.87 |
| Quick Ratio | 3.03 | 2.73 | 4.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.91 Billion | CN¥ 1.82 Billion | CN¥ 2.41 Billion |
Xinhuanet Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinhuanet 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 | 4.55 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -1.0% |
| Total Assets | CN¥5.14 Billion |
| Market Capitalization | $677.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xinhuanet Co Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Xinhuanet Co Ltd's assets decreased by 1.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Xinhuanet Co Ltd (2011–2024)
The table below shows the annual total assets of Xinhuanet Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.14 Billion | -1.04% |
| 2023-12-31 | CN¥5.19 Billion | +0.17% |
| 2022-12-31 | CN¥5.18 Billion | +7.19% |
| 2021-12-31 | CN¥4.83 Billion | +10.51% |
| 2020-12-31 | CN¥4.37 Billion | +4.18% |
| 2019-12-31 | CN¥4.20 Billion | +6.08% |
| 2018-12-31 | CN¥3.96 Billion | +5.25% |
| 2017-12-31 | CN¥3.76 Billion | +14.54% |
| 2016-12-31 | CN¥3.28 Billion | +86.23% |
| 2015-12-31 | CN¥1.76 Billion | +29.78% |
| 2014-12-31 | CN¥1.36 Billion | +16.79% |
| 2013-12-31 | CN¥1.16 Billion | +15.86% |
| 2012-12-31 | CN¥1.00 Billion | +63.56% |
| 2011-12-31 | CN¥613.75 Million | -- |