Highest Performances Holdings Inc.
Highest Performances Holdings Inc. engages in the provision of financial technology services in China. It operates through three segment: Insurance Agency; Claims Adjusting; and Wealth Management. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also offers insurance consulting, trust consulting, asset management,… Read more
Highest Performances Holdings Inc. (HPH) - Total Assets
Latest total assets as of June 2024: $4.28 Billion USD
Based on the latest financial reports, Highest Performances Holdings Inc. (HPH) holds total assets worth $4.28 Billion USD 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.
Highest Performances Holdings Inc. - Total Assets Trend (2017–2024)
This chart illustrates how Highest Performances Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Highest Performances Holdings Inc. - Asset Composition Analysis
Current Asset Composition (June 2024)
Highest Performances Holdings Inc.'s total assets of $4.28 Billion consist of 55.8% current assets and 44.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.9% |
| Accounts Receivable | $1.39 Billion | 32.6% |
| Inventory | $-18.57 Million | -0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $417.57 Million | 9.8% |
| Goodwill | $243.11 Million | 5.7% |
Asset Composition Trend (2017–2024)
This chart illustrates how Highest Performances 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: Highest Performances Holdings Inc.'s current assets represent 55.8% of total assets in 2024, a decrease from 96.6% in 2017.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, down from 28.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 32.6% of total assets.
Highest Performances Holdings Inc. Competitors by Total Assets
Key competitors of Highest Performances Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Highest Performances 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
Moderate asset utilization - Highest Performances Holdings Inc. generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Highest Performances Holdings Inc. is currently not profitable relative to its asset base.
Highest Performances 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 | 2.80 | 9.59 | 6.16 |
| Quick Ratio | 2.82 | -0.29 | 6.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.53 Billion | $ 206.93 Million | $ 391.29 Million |
Highest Performances Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Highest Performances 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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 1517.1% |
| Total Assets | $4.28 Billion |
| Market Capitalization | $27.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Highest Performances Holdings Inc.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Highest Performances Holdings Inc.'s assets grew by 1517.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Highest Performances Holdings Inc. (2017–2024)
The table below shows the annual total assets of Highest Performances Holdings Inc. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $4.28 Billion | +1517.08% |
| 2023-06-30 | $264.54 Million | -42.98% |
| 2022-06-30 | $463.94 Million | -0.85% |
| 2021-06-30 | $467.90 Million | +8.13% |
| 2020-06-30 | $432.71 Million | -9.74% |
| 2019-06-30 | $479.41 Million | +112.25% |
| 2018-06-30 | $225.87 Million | +17.85% |
| 2017-06-30 | $191.66 Million | -- |