Fifax Abp
FIFAX Abp engages in the land-based fish farming business in Finland and Sweden. It produces and supplies rainbow trout using an ultra-intensive implementation of RAS (Recirculating Aquaculture System) technology. The company was incorporated in 2012 and is based in Eckerö, Finland.
Fifax Abp (FIFAX) - Total Assets
Latest total assets as of December 2024: €20.69 Million EUR
Based on the latest financial reports, Fifax Abp (FIFAX) holds total assets worth €20.69 Million EUR 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.
Fifax Abp - Total Assets Trend (2019–2024)
This chart illustrates how Fifax Abp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fifax Abp - Asset Composition Analysis
Current Asset Composition (December 2024)
Fifax Abp's total assets of €20.69 Million consist of 21.8% current assets and 78.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.5% |
| Accounts Receivable | €506.00K | 2.5% |
| Inventory | €3.21 Million | 15.5% |
| Property, Plant & Equipment | €16.18 Million | 78.2% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Fifax Abp'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: Fifax Abp's current assets represent 21.8% of total assets in 2024, a decrease from 32.9% in 2019.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2024, down from 32.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 78.2% of total assets.
Fifax Abp Competitors by Total Assets
Key competitors of Fifax Abp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Fifax Abp - 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 - Fifax Abp generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fifax Abp is currently not profitable relative to its asset base.
Fifax Abp - 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 | 0.78 | 6.64 | 1.47 |
| Quick Ratio | 0.23 | 6.16 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.25 Million | € 4.21 Million | € 3.71 Million |
Fifax Abp - Advanced Valuation Insights
This section examines the relationship between Fifax Abp'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 | 0.61 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -7.0% |
| Total Assets | €20.69 Million |
| Market Capitalization | $1.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fifax Abp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fifax Abp's assets decreased by 7.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fifax Abp (2019–2024)
The table below shows the annual total assets of Fifax Abp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €20.69 Million | -6.99% |
| 2023-12-31 | €22.25 Million | +7.43% |
| 2022-12-31 | €20.71 Million | -33.67% |
| 2021-12-31 | €31.22 Million | +14.78% |
| 2020-12-31 | €27.20 Million | +15.64% |
| 2019-12-31 | €23.52 Million | -- |