Redflow Ltd
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide. It offers ZBM3 flow battery; quadpod and energy pods, scalable energy storage solutions; and battery management systems. The company's batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headqu… Read more
Redflow Ltd (RFX) - Total Assets
Latest total assets as of December 2023: AU$16.87 Million AUD
Based on the latest financial reports, Redflow Ltd (RFX) holds total assets worth AU$16.87 Million AUD as of December 2023.
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.
Redflow Ltd - Total Assets Trend (2008–2023)
This chart illustrates how Redflow Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Redflow Ltd - Asset Composition Analysis
Current Asset Composition (June 2023)
Redflow Ltd's total assets of AU$16.87 Million consist of 82.9% current assets and 17.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$5.51 Million | 39.7% |
| Accounts Receivable | AU$55.39K | 0.4% |
| Inventory | AU$2.74 Million | 19.7% |
| Property, Plant & Equipment | AU$1.88 Million | 13.5% |
| Intangible Assets | AU$501.23K | 3.6% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Redflow 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: Redflow Ltd's current assets represent 82.9% of total assets in 2023, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 39.7% of total assets in 2023, up from 33.9% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2008.
- Asset Diversification: The largest asset category is cash and equivalents at 39.7% of total assets.
Redflow Ltd Competitors by Total Assets
Key competitors of Redflow Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paru Co. Ltd
KQ:043200
|
Korea | ₩58.09 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
China | CN¥17.06 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
Redflow 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
Lower asset utilization - Redflow Ltd generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Redflow Ltd is currently not profitable relative to its asset base.
Redflow 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 | 1.60 | 3.90 | 5.86 |
| Quick Ratio | 1.24 | 3.20 | 3.48 |
| Cash Ratio | 1.05 | 2.28 | 0.00 |
| Working Capital | AU$5.56 Million | AU$ 14.54 Million | AU$ 14.31 Million |
Redflow Ltd - Advanced Valuation Insights
This section examines the relationship between Redflow 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 | 3.46 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | -18.7% |
| Total Assets | AU$13.90 Million |
| Market Capitalization | $14.09 Million USD |
Valuation Analysis
Above Book Valuation: The market values Redflow Ltd's assets above their book value (1.01 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Redflow Ltd's assets decreased by 18.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Redflow Ltd (2008–2023)
The table below shows the annual total assets of Redflow Ltd from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | AU$13.90 Million | -18.68% |
| 2022-06-30 | AU$17.10 Million | +1.34% |
| 2021-06-30 | AU$16.87 Million | +53.67% |
| 2020-06-30 | AU$10.98 Million | -47.32% |
| 2019-06-30 | AU$20.84 Million | -13.97% |
| 2018-06-30 | AU$24.23 Million | +136.32% |
| 2017-06-30 | AU$10.25 Million | -39.63% |
| 2016-06-30 | AU$16.98 Million | -8.11% |
| 2015-06-30 | AU$18.48 Million | +51.52% |
| 2014-06-30 | AU$12.20 Million | +77.86% |
| 2013-06-30 | AU$6.86 Million | -17.70% |
| 2012-06-30 | AU$8.33 Million | -55.00% |
| 2011-06-30 | AU$18.51 Million | -22.31% |
| 2010-06-30 | AU$23.83 Million | +1950.36% |
| 2009-06-30 | AU$1.16 Million | +21.20% |
| 2008-06-30 | AU$959.00K | -- |