COMTEC SOLAR SYS HD -004 (8C11) - Total Assets
Based on the latest financial reports, COMTEC SOLAR SYS HD -004 (8C11) holds total assets worth €146.26 Million EUR (≈ $170.99 Million USD) as of December 2024. 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. Explore cash flow to debt ratio of COMTEC SOLAR SYS HD -004 to assess how comfortably operating cash covers total debt obligations.
COMTEC SOLAR SYS HD -004 - Total Assets Trend (2021–2024)
This chart illustrates how COMTEC SOLAR SYS HD -004's total assets have evolved over time, based on quarterly financial data. See shareholders equity of COMTEC SOLAR SYS HD -004 for net asset value and shareholders' equity analysis.
COMTEC SOLAR SYS HD -004 - Asset Composition Analysis
Current Asset Composition (December 2024)
COMTEC SOLAR SYS HD -004's total assets of €146.26 Million consist of 56.9% current assets and 43.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.2% |
| Accounts Receivable | €12.51 Million | 8.6% |
| Inventory | €1.09 Million | 0.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how COMTEC SOLAR SYS HD -004'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 COMTEC SOLAR SYS HD -004.
Key Asset Composition Facts
- Current vs. Non-Current Assets: COMTEC SOLAR SYS HD -004's current assets represent 56.9% of total assets in 2024, an increase from 19.6% in 2021.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, up from 2.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 8.6% of total assets.
COMTEC SOLAR SYS HD -004 Competitors by Total Assets
Key competitors of COMTEC SOLAR SYS HD -004 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥186.99 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
India | Rs108.45 Billion |
|
Henan Yicheng New Energy Co Ltd
SHE:300080
|
China | CN¥13.90 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
China | CN¥16.36 Billion |
|
Soltec Power Holdings S.A
MC:SOL
|
Spain | €333.30 Million |
|
Otovo AS
OL:OTOVO
|
Norway | Nkr553.98 Million |
|
7C Solarparken AG
XETRA:HRPK
|
Germany | €516.93 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
COMTEC SOLAR SYS HD -004 - 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 | 0.32 | 0.39 | - |
| Quick Ratio | 0.32 | 0.38 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €-175.88 Million | €-157.71 Million | - |
COMTEC SOLAR SYS HD -004 - Advanced Valuation Insights
This section examines the relationship between COMTEC SOLAR SYS HD -004'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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -29.4% |
| Total Assets | €146.26 Million |
| Market Capitalization | $4.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values COMTEC SOLAR SYS HD -004's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: COMTEC SOLAR SYS HD -004's assets decreased by 29.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for COMTEC SOLAR SYS HD -004 (2021–2024)
The table below shows the annual total assets of COMTEC SOLAR SYS HD -004 from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €146.26 Million ≈ $170.99 Million |
-29.36% |
| 2023-12-31 | €207.04 Million ≈ $242.05 Million |
-31.66% |
| 2022-12-31 | €302.95 Million ≈ $354.18 Million |
+3.79% |
| 2021-12-31 | €291.89 Million ≈ $341.25 Million |
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About COMTEC SOLAR SYS HD -004
Comtec Solar Systems Group Limited, an investment holding company, provides logistics services to the factories, manufacturers, raw material providers in the People's Republic of China and Hong Kong. The company operates in two segments, Solar and Power Storage, and Logistics Services. It offers consulting services for investment, development, construction, and operation of solar photovoltaic pow… Read more