Harn Engineering Solutions Public Company Limited (HARN) - Total Assets
Based on the latest financial reports, Harn Engineering Solutions Public Company Limited (HARN) holds total assets worth ฿1.74 Billion THB (≈ $54.29 Million 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 Harn Engineering Solutions Public Compan shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of Harn Engineering Solutions Public Compan.
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 |
|---|---|---|
|
Intelligent Monitoring Group Ltd
AU:IMB
|
Australia | AU$207.13 Million |
|
AVA Risk Group Ltd
AU:AVA
|
Australia | AU$29.60 Million |
|
DTI Group Ltd
AU:DTI
|
Australia | AU$10.30 Million |
|
Spectur Ltd
AU:SP3
|
Australia | AU$6.37 Million |
|
Datadot Technology Ltd
AU:DDT
|
Australia | AU$10.05 Million |
|
Scout Security Ltd
AU:SCT
|
Australia | AU$345.52K |
|
Ordinary Fully Paid Deferred Settlement
AU:CDEDC
|
Australia | AU$6.28 Million |
|
MCS Services Ltd
AU:MSG
|
Australia | AU$4.30 Million |
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 | 0.02 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | ฿1.80 Billion |
| Market Capitalization | $36.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harn Engineering Solutions Public Company Limited's assets below their book value (0.02x), 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 ≈ $56.10 Million |
+2.61% |
| 2023-12-31 | ฿1.75 Billion ≈ $54.67 Million |
-1.63% |
| 2022-12-31 | ฿1.78 Billion ≈ $55.58 Million |
+5.78% |
| 2021-12-31 | ฿1.69 Billion ≈ $52.54 Million |
+1.71% |
| 2020-12-31 | ฿1.66 Billion ≈ $51.66 Million |
+3.83% |
| 2019-12-31 | ฿1.60 Billion ≈ $49.76 Million |
+3.08% |
| 2018-12-31 | ฿1.55 Billion ≈ $48.27 Million |
+6.26% |
| 2017-12-31 | ฿1.46 Billion ≈ $45.42 Million |
+5.62% |
| 2016-12-31 | ฿1.38 Billion ≈ $43.01 Million |
+142.50% |
| 2015-12-31 | ฿569.01 Million ≈ $17.74 Million |
-0.59% |
| 2014-12-31 | ฿572.37 Million ≈ $17.84 Million |
+103.42% |
| 2013-12-31 | ฿281.38 Million ≈ $8.77 Million |
+16.26% |
| 2012-12-31 | ฿242.03 Million ≈ $7.54 Million |
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About 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