XTC New Energy Materials Xiamen Co Ltd (688778) - Total Assets
Based on the latest financial reports, XTC New Energy Materials Xiamen Co Ltd (688778) holds total assets worth CN¥17.41 Billion CNY (≈ $2.55 Billion 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. See 688778 total equity for net asset value and shareholders' equity analysis.
XTC New Energy Materials Xiamen Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how XTC New Energy Materials Xiamen Co Ltd's total assets have evolved over time, based on quarterly financial data.
XTC New Energy Materials Xiamen Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
XTC New Energy Materials Xiamen Co Ltd's total assets of CN¥17.41 Billion consist of 58.1% current assets and 41.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.1% |
| Accounts Receivable | CN¥3.68 Billion | 25.0% |
| Inventory | CN¥2.48 Billion | 16.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥368.66 Million | 2.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
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. For live market cap, price, and company overview, see XTC New Energy Materials Xiamen Co Ltd (688778) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: XTC New Energy Materials Xiamen Co Ltd's current assets represent 58.1% of total assets in 2024, a decrease from 68.4% in 2017.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, 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 accounts receivable at 25.0% 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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
|
China | CN¥20.32 Billion |
|
Tongding Interconnection Information
SHE:002491
|
China | CN¥6.10 Billion |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
|
China | CN¥9.26 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥2.65 Billion |
|
LS Materials
KQ:417200
|
Korea | ₩269.27 Billion |
|
CWB Automotive Electronics Co Ltd
SHG:605005
|
China | CN¥2.55 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 | 1.51 | 1.69 | 1.02 |
| Quick Ratio | 0.89 | 1.20 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.73 Billion | CN¥3.53 Billion | CN¥77.37 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 | 4.16 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | 9.4% |
| Total Assets | CN¥14.75 Billion |
| Market Capitalization | $6.28 Billion USD |
Valuation Analysis
Below Book Valuation: The market values XTC New Energy Materials Xiamen Co Ltd's assets below their book value (0.43x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: XTC New Energy Materials Xiamen Co Ltd's assets grew by 9.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for XTC New Energy Materials Xiamen Co Ltd (2017–2024)
The table below shows the annual total assets of XTC New Energy Materials Xiamen Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 |
+46.25% |
| 2021-12-31 | CN¥10.52 Billion ≈ $1.54 Billion |
+69.03% |
| 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
XTC New Energy Materials(Xiamen) Co.,Ltd. engages in the research and development, production, and sale of lithium-ion battery cathode materials in China. It 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 storage and au… Read more