Foxx Development Holdings Inc.
Foxx Development Holdings Inc. engages in the sales of electronic products in the United States. The company offers smartphones, tablets, wearables, and other communication terminals under the Foxx brand. It also provides after-sales support services; and water leak detectors. The company serves third-party distributors, as well as sells through e-commerce platform. Foxx Development Holdings Inc.… Read more
Foxx Development Holdings Inc. (FOXX) - Total Assets
Latest total assets as of December 2025: $42.04 Million USD
Based on the latest financial reports, Foxx Development Holdings Inc. (FOXX) holds total assets worth $42.04 Million USD as of December 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.
Foxx Development Holdings Inc. - Total Assets Trend (2022–2025)
This chart illustrates how Foxx Development Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Foxx Development Holdings Inc. - Asset Composition Analysis
Current Asset Composition (June 2025)
Foxx Development Holdings Inc.'s total assets of $42.04 Million consist of 91.0% current assets and 9.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.2% |
| Accounts Receivable | $6.79 Million | 26.1% |
| Inventory | $12.69 Million | 48.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how Foxx Development Holdings 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Foxx Development Holdings Inc.'s current assets represent 91.0% of total assets in 2025, a decrease from 100.0% in 2022.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2025, up from 3.6% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 48.8% of total assets.
Foxx Development Holdings Inc. Competitors by Total Assets
Key competitors of Foxx Development Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Foxx Development Holdings Inc. - 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
Strong asset utilization - Foxx Development Holdings Inc. generates 2.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Foxx Development Holdings Inc. is currently not profitable relative to its asset base.
Foxx Development Holdings 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 | 0.58 | 1.05 | 8.89 |
| Quick Ratio | 0.28 | 0.50 | 8.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.11 Million | $ 1.32 Million | $ 1.13 Million |
Foxx Development Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Foxx Development Holdings 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 | 95.54 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 383.8% |
| Total Assets | $26.00 Million |
| Market Capitalization | $5.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Foxx Development Holdings Inc.'s assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Foxx Development Holdings Inc.'s assets grew by 383.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Foxx Development Holdings Inc. (2022–2025)
The table below shows the annual total assets of Foxx Development Holdings Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $26.00 Million | +383.77% |
| 2024-06-30 | $5.37 Million | +167.39% |
| 2023-06-30 | $2.01 Million | +231.72% |
| 2022-06-30 | $605.92K | -- |