Abits Group Inc. (ABTS) - Total Assets
Based on the latest financial reports, Abits Group Inc. (ABTS) holds total assets worth $13.04 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 Abits Group Inc. book value and equity for net asset value and shareholders' equity analysis.
Abits Group Inc. - Total Assets Trend (2010–2024)
This chart illustrates how Abits Group Inc.'s total assets have evolved over time, based on quarterly financial data.
Abits Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Abits Group Inc.'s total assets of $13.04 Million consist of 14.8% current assets and 85.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $257.75K | 2.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Abits Group Inc.'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 ABTS market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Abits Group Inc.'s current assets represent 14.8% of total assets in 2024, an increase from 0.8% in 2010.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2024, up from 0.8% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 31.0% in 2010.
- Asset Diversification: The largest asset category is intangible assets at 2.3% of total assets.
Abits Group Inc. Competitors by Total Assets
Key competitors of Abits Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guotai Junan Securities Co Ltd
SHG:601211
|
China | CN¥2.01 Trillion |
|
Terawulf Inc
NASDAQ:WULF
|
USA | $6.56 Billion |
|
Samsung Securities
KO:016360
|
Korea | ₩75.77 Trillion |
|
Shinyoung Securities Co. Ltd.
KO:001720
|
Korea | ₩12.07 Trillion |
|
Yulie Sekurindo Tbk
JK:YULE
|
Indonesia | Rp590.32 Billion |
|
OVB Holding AG
XETRA:O4B
|
Germany | €291.54 Million |
|
Praemium Ltd
AU:PPS
|
Australia | AU$135.84 Million |
|
Sino AG
F:XTP
|
Germany | €14.38 Million |
Abits Group Inc. - 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 | 0.18 | 1.69 | 1.04 |
| Quick Ratio | 0.18 | 1.69 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.72 Million | $687.29K | $91.28K |
Abits Group Inc. - Advanced Valuation Insights
This section examines the relationship between Abits Group Inc.'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 | 0.44 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | $11.37 Million |
| Market Capitalization | $4.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Abits Group Inc.'s assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Abits Group Inc.'s assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Abits Group Inc. (2010–2024)
The table below shows the annual total assets of Abits Group Inc. from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.37 Million | -7.69% |
| 2023-12-31 | $12.32 Million | -49.79% |
| 2022-12-31 | $24.53 Million | +217.06% |
| 2021-12-31 | $7.74 Million | +237.03% |
| 2020-12-31 | $2.30 Million | +31.80% |
| 2019-12-31 | $1.74 Million | +473.02% |
| 2018-12-31 | $303.96K | -77.66% |
| 2017-12-31 | $1.36 Million | -77.08% |
| 2016-12-31 | $5.93 Million | -59.02% |
| 2015-12-31 | $14.48 Million | +406.30% |
| 2014-12-31 | $2.86 Million | +6954.63% |
| 2011-12-31 | $40.55K | +305.16% |
| 2010-12-31 | $10.01K | -- |
About Abits Group Inc.
Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It also provides in-house support services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.