Ocean Harvest Technology Group PLC
Ocean Harvest Technology Group plc, together with its subsidiaries, engages in the research, development, production, and sale of seaweed blend ingredients for the animal feed market in the United Kingdom, North America, and Asia. The company's products portfolio comprises Bovine products to increase milk and milk fat, and protein yields; poultry products to improve feed efficiency, reduce mortal… Read more
Ocean Harvest Technology Group PLC (OHT) - Total Assets
Latest total assets as of June 2024: GBX4.15 Million GBX
Based on the latest financial reports, Ocean Harvest Technology Group PLC (OHT) holds total assets worth GBX4.15 Million GBX as of June 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.
Ocean Harvest Technology Group PLC - Total Assets Trend (2020–2023)
This chart illustrates how Ocean Harvest Technology Group PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ocean Harvest Technology Group PLC - Asset Composition Analysis
Current Asset Composition (December 2023)
Ocean Harvest Technology Group PLC's total assets of GBX4.15 Million consist of 89.5% current assets and 10.5% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 46.9% |
| Accounts Receivable | GBX1.31 Million | 23.6% |
| Inventory | GBX1.26 Million | 22.7% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX184.21K | 3.3% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Ocean Harvest Technology Group PLC'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: Ocean Harvest Technology Group PLC's current assets represent 89.5% of total assets in 2023, an increase from 87.0% in 2020.
- Cash Position: Cash and equivalents constituted 46.9% of total assets in 2023, up from 10.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 23.6% of total assets.
Ocean Harvest Technology Group PLC Competitors by Total Assets
Key competitors of Ocean Harvest Technology Group PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Ocean Harvest Technology Group PLC - 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 - Ocean Harvest Technology Group PLC generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ocean Harvest Technology Group PLC is currently not profitable relative to its asset base.
Ocean Harvest Technology Group PLC - 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 | 6.47 | 12.72 | 0.95 |
| Quick Ratio | 3.65 | 10.91 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX2.76 Million | GBX 6.58 Million | GBX -157.86K |
Ocean Harvest Technology Group PLC - Advanced Valuation Insights
This section examines the relationship between Ocean Harvest Technology Group PLC'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 | 0.36 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 48.7% |
| Total Assets | GBX5.54 Million |
| Market Capitalization | $153.13 USD |
Valuation Analysis
Below Book Valuation: The market values Ocean Harvest Technology Group PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ocean Harvest Technology Group PLC's assets grew by 48.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ocean Harvest Technology Group PLC (2020–2023)
The table below shows the annual total assets of Ocean Harvest Technology Group PLC from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | GBX5.54 Million | +48.68% |
| 2022-12-31 | GBX3.72 Million | -8.17% |
| 2021-12-31 | GBX4.06 Million | +105.75% |
| 2020-12-31 | GBX1.97 Million | -- |