Hitech Group Australia Ltd
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. The company's ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. It offers personnel services… Read more
Hitech Group Australia Ltd (HIT) - Total Assets
Latest total assets as of June 2025: AU$18.17 Million AUD
Based on the latest financial reports, Hitech Group Australia Ltd (HIT) holds total assets worth AU$18.17 Million AUD as of June 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.
Hitech Group Australia Ltd - Total Assets Trend (1999–2025)
This chart illustrates how Hitech Group Australia Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hitech Group Australia Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Hitech Group Australia Ltd's total assets of AU$18.17 Million consist of 91.0% current assets and 9.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$6.84 Million | 53.1% |
| Accounts Receivable | AU$6.57 Million | 36.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$779.58K | 4.3% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1999–2025)
This chart illustrates how Hitech Group Australia 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: Hitech Group Australia Ltd's current assets represent 91.0% of total assets in 2025, a decrease from 94.2% in 1999.
- Cash Position: Cash and equivalents constituted 53.1% of total assets in 2025, up from 51.6% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is cash and equivalents at 53.1% of total assets.
Hitech Group Australia Ltd Competitors by Total Assets
Key competitors of Hitech Group Australia Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SaraminHR Co.Ltd
KQ:143240
|
Korea | ₩225.33 Billion |
|
Beijing Career International Co Ltd
SHE:300662
|
China | CN¥4.26 Billion |
|
104 Corporation
TW:3130
|
Taiwan | NT$3.68 Billion |
|
DLSI
PA:ALDLS
|
France | €124.92 Million |
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
China | CN¥16.34 Billion |
|
Amadeus Fire AG
XETRA:AAD
|
Germany | €362.83 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
India | ₹2.22 Billion |
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
India | ₹176.50 Million |
Hitech Group Australia 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
Strong asset utilization - Hitech Group Australia Ltd generates 3.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hitech Group Australia Ltd generates $ 35.12 in net profit.
Hitech Group Australia 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 | 2.64 | 1.97 | 2.71 |
| Quick Ratio | 2.64 | 1.97 | 2.71 |
| Cash Ratio | 1.54 | 1.59 | 1.98 |
| Working Capital | AU$10.26 Million | AU$ 7.42 Million | AU$ 6.60 Million |
Hitech Group Australia Ltd - Advanced Valuation Insights
This section examines the relationship between Hitech Group Australia 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 | 6.09 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | 5.2% |
| Total Assets | AU$18.17 Million |
| Market Capitalization | $8.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hitech Group Australia Ltd's assets below their book value (0.45 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hitech Group Australia Ltd's assets grew by 5.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hitech Group Australia Ltd (1999–2025)
The table below shows the annual total assets of Hitech Group Australia Ltd from 1999 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$18.17 Million | +5.21% |
| 2024-06-30 | AU$17.27 Million | +12.45% |
| 2023-06-30 | AU$15.36 Million | +18.38% |
| 2022-06-30 | AU$12.97 Million | +16.84% |
| 2021-06-30 | AU$11.10 Million | -0.19% |
| 2020-06-30 | AU$11.13 Million | +20.04% |
| 2019-06-30 | AU$9.27 Million | -2.68% |
| 2018-06-30 | AU$9.52 Million | +14.13% |
| 2017-06-30 | AU$8.34 Million | +1.56% |
| 2016-06-30 | AU$8.22 Million | +49.18% |
| 2015-06-30 | AU$5.51 Million | +13.35% |
| 2014-06-30 | AU$4.86 Million | +30.68% |
| 2013-06-30 | AU$3.72 Million | +3.91% |
| 2012-06-30 | AU$3.58 Million | +10.83% |
| 2011-06-30 | AU$3.23 Million | +36.56% |
| 2010-06-30 | AU$2.36 Million | +10.61% |
| 2009-06-30 | AU$2.14 Million | -27.61% |
| 2008-06-30 | AU$2.95 Million | +0.02% |
| 2007-06-30 | AU$2.95 Million | +16.40% |
| 2006-06-30 | AU$2.54 Million | +7.82% |
| 2005-06-30 | AU$2.35 Million | +2.30% |
| 2004-06-30 | AU$2.30 Million | -44.88% |
| 2003-06-30 | AU$4.17 Million | -33.33% |
| 2002-06-30 | AU$6.26 Million | -23.69% |
| 2001-06-30 | AU$8.20 Million | +59.82% |
| 2000-06-30 | AU$5.13 Million | +59.71% |
| 1999-06-30 | AU$3.21 Million | -- |