New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Li… Read more
New Horizon Aircraft Ltd (HOVR) - Total Assets
Latest total assets as of December 2025: $25.64 Million USD
Based on the latest financial reports, New Horizon Aircraft Ltd (HOVR) holds total assets worth $25.64 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.
New Horizon Aircraft Ltd - Total Assets Trend (2021–2025)
This chart illustrates how New Horizon Aircraft Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Horizon Aircraft Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
New Horizon Aircraft Ltd's total assets of $25.64 Million consist of 97.2% current assets and 2.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 89.7% |
| Accounts Receivable | $96.00K | 1.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $152.00K | 1.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how New Horizon Aircraft Ltd'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: New Horizon Aircraft Ltd's current assets represent 97.2% of total assets in 2025, an increase from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 89.7% of total assets in 2025, up from 0.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 1.8% of total assets.
New Horizon Aircraft Ltd Competitors by Total Assets
Key competitors of New Horizon Aircraft Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
New Horizon Aircraft Ltd - 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 - New Horizon Aircraft Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - New Horizon Aircraft Ltd is currently not profitable relative to its asset base.
New Horizon Aircraft Ltd - 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 | 6.51 | 2.76 | 0.20 |
| Quick Ratio | 6.51 | 2.76 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $21.03 Million | $ 1.12 Million | $ -352.49K |
New Horizon Aircraft Ltd - Advanced Valuation Insights
This section examines the relationship between New Horizon Aircraft Ltd'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 | 12.91 |
| Latest Market Cap to Assets Ratio | 5.74 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $8.41 Million |
| Market Capitalization | $48.30 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values New Horizon Aircraft Ltd's assets at a significant premium ( 5.74x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: New Horizon Aircraft Ltd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New Horizon Aircraft Ltd (2021–2025)
The table below shows the annual total assets of New Horizon Aircraft Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $8.41 Million | 0.00% |
| 2024-12-31 | $8.41 Million | +70.15% |
| 2023-12-31 | $4.94 Million | +250.25% |
| 2022-12-31 | $1.41 Million | +21.27% |
| 2021-12-31 | $1.16 Million | -- |