Honghua Group Limited
Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, and related parts and components. The company operates through five segments: Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; Fracturing Services; and Offshore Engineering. The company offers drilling rigs equipment, such as smart,… Read more
Honghua Group Limited (4HB) - Total Assets
Latest total assets as of June 2025: €12.71 Billion EUR
Based on the latest financial reports, Honghua Group Limited (4HB) holds total assets worth €12.71 Billion EUR 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.
Honghua Group Limited - Total Assets Trend (2013–2024)
This chart illustrates how Honghua Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Honghua Group Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Honghua Group Limited's total assets of €12.71 Billion consist of 64.0% current assets and 36.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.6% |
| Accounts Receivable | €2.79 Billion | 23.4% |
| Inventory | €1.30 Billion | 10.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €796.29 Million | 6.7% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Honghua Group 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: Honghua Group Limited's current assets represent 64.0% of total assets in 2024, a decrease from 68.0% in 2013.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, down from 9.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 1.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 23.4% of total assets.
Honghua Group Limited Competitors by Total Assets
Key competitors of Honghua Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Honghua Group 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 - Honghua Group Limited generates 0.47x 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, Honghua Group Limited generates $ 0.06 in net profit.
Honghua Group 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 | 1.16 | 1.20 | 1.26 |
| Quick Ratio | 0.97 | 0.96 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.18 Billion | € 1.41 Billion | € 1.38 Billion |
Honghua Group Limited - Advanced Valuation Insights
This section examines the relationship between Honghua Group 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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -4.7% |
| Total Assets | €11.93 Billion |
| Market Capitalization | $71.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Honghua Group Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Honghua Group Limited's assets decreased by 4.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Honghua Group Limited (2013–2024)
The table below shows the annual total assets of Honghua Group Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €11.93 Billion | -4.72% |
| 2023-12-31 | €12.52 Billion | +1.60% |
| 2022-12-31 | €12.32 Billion | +4.89% |
| 2021-12-31 | €11.75 Billion | -2.20% |
| 2020-12-31 | €12.01 Billion | +2.20% |
| 2019-12-31 | €11.75 Billion | +13.93% |
| 2018-12-31 | €10.32 Billion | +2.49% |
| 2017-12-31 | €10.07 Billion | -10.66% |
| 2016-12-31 | €11.27 Billion | -14.52% |
| 2015-12-31 | €13.18 Billion | -14.94% |
| 2014-12-31 | €15.50 Billion | +8.92% |
| 2013-12-31 | €14.23 Billion | -- |