Wellchange Holdings Company Limited
Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider in Hong Kong. The company provides tailor-made software solutions, cloud-based software-as-a-service (SaaS) solutions, and white-labelled software design and development services. The company also operates MR. CLOUD, a cloud-based SaaS enterprise resource planning software … Read more
Wellchange Holdings Company Limited (WCT) - Total Assets
Latest total assets as of March 2025: $6.70 Million USD
Based on the latest financial reports, Wellchange Holdings Company Limited (WCT) holds total assets worth $6.70 Million USD as of March 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.
Wellchange Holdings Company Limited - Total Assets Trend (2021–2024)
This chart illustrates how Wellchange Holdings Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wellchange Holdings Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Wellchange Holdings Company Limited's total assets of $6.70 Million consist of 23.6% current assets and 76.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $1.33 Million | 19.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.22 Million | 63.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Wellchange Holdings Company Limited'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: Wellchange Holdings Company Limited's current assets represent 23.6% of total assets in 2024, a decrease from 86.7% in 2021.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, up from 3.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 5.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 63.0% of total assets.
Wellchange Holdings Company Limited Competitors by Total Assets
Key competitors of Wellchange Holdings Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Wellchange Holdings Company Limited - 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 - Wellchange Holdings Company Limited generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wellchange Holdings Company Limited is currently not profitable relative to its asset base.
Wellchange Holdings Company Limited - 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 | 1.04 | 0.87 | 0.61 |
| Quick Ratio | 1.04 | 0.87 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.21K | $ -173.47K | $ -515.79K |
Wellchange Holdings Company Limited - Advanced Valuation Insights
This section examines the relationship between Wellchange Holdings Company Limited'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 | 4.05 |
| Latest Market Cap to Assets Ratio | 3.02 |
| Asset Growth Rate (YoY) | 103.0% |
| Total Assets | $6.70 Million |
| Market Capitalization | $20.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Wellchange Holdings Company Limited's assets at a significant premium ( 3.02x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Wellchange Holdings Company Limited's assets grew by 103.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wellchange Holdings Company Limited (2021–2024)
The table below shows the annual total assets of Wellchange Holdings Company Limited from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.70 Million | +103.04% |
| 2023-12-31 | $3.30 Million | +42.52% |
| 2022-12-31 | $2.31 Million | +58.98% |
| 2021-12-31 | $1.46 Million | -- |