XTC New Energy Materials Xiamen Co Ltd (688778) - Total Assets

Latest as of March 2026: CN¥22.70 Billion CNY ≈ $3.32 Billion USD

Based on the latest financial reports, XTC New Energy Materials Xiamen Co Ltd (688778) holds total assets worth CN¥22.70 Billion CNY (≈ $3.32 Billion USD) as of March 2026. 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.

XTC New Energy Materials Xiamen Co Ltd - Total Assets Trend (2017–2025)

This chart illustrates how XTC New Energy Materials Xiamen Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see XTC New Energy Materials Xiamen Co Ltd stock valuation for the company's overall valuation and market capitalisation.

XTC New Energy Materials Xiamen Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

XTC New Energy Materials Xiamen Co Ltd's total assets of CN¥22.70 Billion consist of 69.3% current assets and 30.7% non-current assets. Review XTC New Energy Materials Xiamen Co Ltd debt and liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 8.0%
Accounts Receivable CN¥4.03 Billion 18.3%
Inventory CN¥6.82 Billion 31.1%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥468.30 Million 2.1%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2017–2025)

This chart illustrates how XTC New Energy Materials Xiamen 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. See XTC New Energy Materials Xiamen Co Ltd share price for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: XTC New Energy Materials Xiamen Co Ltd's current assets represent 69.3% of total assets in 2025, an increase from 68.4% in 2017.
  • Cash Position: Cash and equivalents constituted 8.0% of total assets in 2025, up from 2.9% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2017.
  • Asset Diversification: The largest asset category is inventory at 31.1% of total assets.

XTC New Energy Materials Xiamen Co Ltd Competitors by Total Assets

Key competitors of XTC New Energy Materials Xiamen Co Ltd based on total assets are shown below.

Company Country Total Assets
Legend Power Systems Inc
V:LPS
Canada CA$2.11 Million
Hongfa Technology Co Ltd
SHG:600885
China CN¥23.57 Billion
Ecopro BM. Co. Ltd
KQ:247540
Korea ₩4.62 Trillion
Roshow Technology Co Ltd
SHE:002617
China CN¥10.69 Billion
Hammond Power Solutions Inc
TO:HPS-A
Canada CA$680.40 Million
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909
China CN¥3.49 Billion
Zhejiang Wanma Co Ltd
SHE:002276
China CN¥16.57 Billion
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
China CN¥5.16 Billion

XTC New Energy Materials Xiamen 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 1.30 1.83 0.96
Quick Ratio 0.59 1.27 0.57
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.70 Billion CN¥3.81 Billion CN¥-159.46 Million

XTC New Energy Materials Xiamen Co Ltd - Advanced Valuation Insights

This section examines the relationship between XTC New Energy Materials Xiamen 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 2.54
Latest Market Cap to Assets Ratio 0.15
Asset Growth Rate (YoY) 48.9%
Total Assets CN¥21.96 Billion
Market Capitalization $3.19 Billion USD

Valuation Analysis

Below Book Valuation: The market values XTC New Energy Materials Xiamen Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: XTC New Energy Materials Xiamen Co Ltd's assets grew by 48.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for XTC New Energy Materials Xiamen Co Ltd (2017–2025)

The table below shows the annual total assets of XTC New Energy Materials Xiamen Co Ltd from 2017 to 2025.

Year Total Assets Change
2025-12-31 CN¥21.96 Billion
≈ $3.21 Billion
+48.89%
2024-12-31 CN¥14.75 Billion
≈ $2.16 Billion
+9.39%
2023-12-31 CN¥13.48 Billion
≈ $1.97 Billion
-12.35%
2022-12-31 CN¥15.38 Billion
≈ $2.25 Billion
+44.02%
2021-12-31 CN¥10.68 Billion
≈ $1.56 Billion
+71.64%
2020-12-31 CN¥6.22 Billion
≈ $910.45 Million
+16.34%
2019-12-31 CN¥5.35 Billion
≈ $782.58 Million
-3.63%
2018-12-31 CN¥5.55 Billion
≈ $812.01 Million
+47.04%
2017-12-31 CN¥3.77 Billion
≈ $552.23 Million
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About XTC New Energy Materials Xiamen Co Ltd

SHG:688778 China Electrical Equipment & Parts
Market Cap
$3.19 Billion
CN¥21.79 Billion CNY
Market Cap Rank
#4769 Global
#786 in China
Share Price
CN¥43.18
Change (1 day)
-0.96%
52-Week Range
CN¥42.05 - CN¥98.00
All Time High
CN¥113.79
About

XTC New Energy Materials(Xiamen) Co.,Ltd. engages in the research and development, production, and sale of lithium-ion battery cathode materials in China. The company offers high-voltage NCM materials, lithium cobalt oxide, high nickel NCM materials, lithium iron phosphate, sodium ion battery materials, and hydrogen storage materials for use in 3C consumer electronics, power battery, energy stora… Read more