Harn Engineering Solutions Public Company Limited
Harn Engineering Solutions Public Company Limited engages in the wholesaling, retailing, repairing, renting, leasing, and installation of fire protection system and fire suppression products in Thailand and internationally. The company offers sprinklers, fire hose cabinets, floor control valves, pump room, and fire extinguishers for fire protection and safety solutions; and chiller, cooling tower… Read more
Harn Engineering Solutions Public Company Limited (HARN) - Total Assets
Latest total assets as of September 2025: ฿1.74 Billion THB
Based on the latest financial reports, Harn Engineering Solutions Public Company Limited (HARN) holds total assets worth ฿1.74 Billion THB 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.
Harn Engineering Solutions Public Company Limited - Total Assets Trend (2012–2024)
This chart illustrates how Harn Engineering Solutions Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harn Engineering Solutions Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Harn Engineering Solutions Public Company Limited's total assets of ฿1.74 Billion consist of 59.5% current assets and 40.5% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 16.3% |
| Accounts Receivable | ฿332.79 Million | 18.5% |
| Inventory | ฿323.14 Million | 18.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿7.69 Million | 0.4% |
| Goodwill | ฿315.97 Million | 17.6% |
Asset Composition Trend (2012–2024)
This chart illustrates how Harn Engineering Solutions Public Company Limited'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: Harn Engineering Solutions Public Company Limited's current assets represent 59.5% of total assets in 2024, a decrease from 97.2% in 2012.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 3.8% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 18.5% of total assets.
Harn Engineering Solutions Public Company Limited Competitors by Total Assets
Key competitors of Harn Engineering Solutions Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
Harn Engineering Solutions Public Company Limited - 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
Moderate asset utilization - Harn Engineering Solutions Public Company Limited generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Harn Engineering Solutions Public Company Limited generates $ 4.87 in net profit.
Harn Engineering Solutions Public Company Limited - 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 | 4.73 | 3.87 | 4.37 |
| Quick Ratio | 3.32 | 2.56 | 3.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿801.97 Million | ฿ 771.50 Million | ฿ 643.99 Million |
Harn Engineering Solutions Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Harn Engineering Solutions Public Company Limited'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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | ฿1.80 Billion |
| Market Capitalization | $10.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harn Engineering Solutions Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Harn Engineering Solutions Public Company Limited's assets grew by 2.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Harn Engineering Solutions Public Company Limited (2012–2024)
The table below shows the annual total assets of Harn Engineering Solutions Public Company Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.80 Billion | +2.61% |
| 2023-12-31 | ฿1.75 Billion | -1.63% |
| 2022-12-31 | ฿1.78 Billion | +5.78% |
| 2021-12-31 | ฿1.69 Billion | +1.71% |
| 2020-12-31 | ฿1.66 Billion | +3.83% |
| 2019-12-31 | ฿1.60 Billion | +3.08% |
| 2018-12-31 | ฿1.55 Billion | +6.26% |
| 2017-12-31 | ฿1.46 Billion | +5.62% |
| 2016-12-31 | ฿1.38 Billion | +142.50% |
| 2015-12-31 | ฿569.01 Million | -0.59% |
| 2014-12-31 | ฿572.37 Million | +103.42% |
| 2013-12-31 | ฿281.38 Million | +16.26% |
| 2012-12-31 | ฿242.03 Million | -- |