Shenzhen Xunjiexing Technology Corp. Ltd.

SHG:688655 China Electronic Components
Market Cap
$488.13 Million
CN¥3.58 Billion CNY
Market Cap Rank
#13782 Global
#3567 in China
Share Price
CN¥26.85
Change (1 day)
-5.95%
52-Week Range
CN¥12.00 - CN¥29.75
All Time High
CN¥29.75
About

Shenzhen Xunjiexing Technology Corp. Ltd. engages in the research and development, production, and sale of printed circuit boards (PCB) in China. It offers PCB samples and batch boards, and raw materials. It serves automotive electronics, computer communications, smart consumer devices, smart security, industrial control, medical equipment, new energy, and rail transit industries. The company was… Read more

Shenzhen Xunjiexing Technology Corp. Ltd. (688655) - Total Assets

Latest total assets as of September 2025: CN¥1.43 Billion CNY

Based on the latest financial reports, Shenzhen Xunjiexing Technology Corp. Ltd. (688655) holds total assets worth CN¥1.43 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.

Shenzhen Xunjiexing Technology Corp. Ltd. - Total Assets Trend (2017–2024)

This chart illustrates how Shenzhen Xunjiexing Technology Corp. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shenzhen Xunjiexing Technology Corp. Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Shenzhen Xunjiexing Technology Corp. Ltd.'s total assets of CN¥1.43 Billion consist of 34.7% current assets and 65.3% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 10.4%
Accounts Receivable CN¥205.10 Million 18.0%
Inventory CN¥48.27 Million 4.2%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥22.31 Million 2.0%
Goodwill CN¥1.88 Million 0.2%

Asset Composition Trend (2017–2024)

This chart illustrates how Shenzhen Xunjiexing Technology Corp. 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: Shenzhen Xunjiexing Technology Corp. Ltd.'s current assets represent 34.7% of total assets in 2024, a decrease from 52.7% in 2017.
  • Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 5.5% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2017.
  • Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.

Shenzhen Xunjiexing Technology Corp. Ltd. Competitors by Total Assets

Key competitors of Shenzhen Xunjiexing Technology Corp. Ltd. based on total assets are shown below.

Shenzhen Xunjiexing Technology Corp. 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

Historical Range: 0.42 - 0.81

Moderate asset utilization - Shenzhen Xunjiexing Technology Corp. 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

Historical Range: -0.17% - 9.72%

Negative ROA - Shenzhen Xunjiexing Technology Corp. Ltd. is currently not profitable relative to its asset base.

Shenzhen Xunjiexing Technology Corp. 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 0.90 1.43 1.70
Quick Ratio 0.76 1.26 1.52
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-63.40 Million CN¥ 117.69 Million CN¥ 135.96 Million

Shenzhen Xunjiexing Technology Corp. Ltd. - Advanced Valuation Insights

This section examines the relationship between Shenzhen Xunjiexing Technology Corp. 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 4.87
Latest Market Cap to Assets Ratio 0.22
Asset Growth Rate (YoY) 10.1%
Total Assets CN¥1.14 Billion
Market Capitalization $251.82 Million USD

Valuation Analysis

Below Book Valuation: The market values Shenzhen Xunjiexing Technology Corp. Ltd.'s assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Shenzhen Xunjiexing Technology Corp. Ltd.'s assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Shenzhen Xunjiexing Technology Corp. Ltd. (2017–2024)

The table below shows the annual total assets of Shenzhen Xunjiexing Technology Corp. Ltd. from 2017 to 2024.

Year Total Assets Change
2024-12-31 CN¥1.14 Billion +10.09%
2023-12-31 CN¥1.04 Billion -0.87%
2022-12-31 CN¥1.05 Billion +22.97%
2021-12-31 CN¥850.69 Million +46.35%
2020-12-31 CN¥581.26 Million +20.90%
2019-12-31 CN¥480.78 Million -1.58%
2018-12-31 CN¥488.51 Million +21.61%
2017-12-31 CN¥401.71 Million --