The Hi-Tech Gears Limited
The Hi-Tech Gears Limited manufactures and sells auto components for automobile manufacturers in India, the United States, and internationally. It offers transmission gears and shafts, driveline components, steering linkage, and power take off components for two wheelers, light vehicles, commercial vehicles, and off highway vehicles; and engine gears. The Hi-Tech Gears Limited was incorporated in… Read more
The Hi-Tech Gears Limited (HITECHGEAR) - Total Assets
Latest total assets as of September 2025: ₹8.13 Billion INR
Based on the latest financial reports, The Hi-Tech Gears Limited (HITECHGEAR) holds total assets worth ₹8.13 Billion INR 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.
The Hi-Tech Gears Limited - Total Assets Trend (2006–2025)
This chart illustrates how The Hi-Tech Gears Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Hi-Tech Gears Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
The Hi-Tech Gears Limited's total assets of ₹8.13 Billion consist of 42.9% current assets and 57.1% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹34.20 Million | 1.4% |
| Accounts Receivable | ₹1.53 Billion | 19.1% |
| Inventory | ₹1.25 Billion | 15.6% |
| Property, Plant & Equipment | ₹3.75 Billion | 46.6% |
| Intangible Assets | ₹413.52 Million | 5.1% |
| Goodwill | ₹304.18 Million | 3.8% |
Asset Composition Trend (2006–2025)
This chart illustrates how The Hi-Tech Gears 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: The Hi-Tech Gears Limited's current assets represent 42.9% of total assets in 2025, an increase from 38.4% in 2006.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2025, up from 0.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 18.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 46.6% of total assets.
The Hi-Tech Gears Limited Competitors by Total Assets
Key competitors of The Hi-Tech Gears Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
The Hi-Tech Gears 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
Strong asset utilization - The Hi-Tech Gears Limited generates 1.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, The Hi-Tech Gears Limited generates $5.02 in net profit.
The Hi-Tech Gears 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 | 1.90 | 1.63 | 1.28 |
| Quick Ratio | 1.22 | 1.12 | 0.97 |
| Cash Ratio | 0.16 | 0.21 | 0.00 |
| Working Capital | ₹1.70 Billion | ₹ 1.49 Billion | ₹ 703.36 Million |
The Hi-Tech Gears Limited - Advanced Valuation Insights
This section examines the relationship between The Hi-Tech Gears 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 | 2.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -11.5% |
| Total Assets | ₹8.04 Billion |
| Market Capitalization | $30.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Hi-Tech Gears Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: The Hi-Tech Gears Limited's assets decreased by 11.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for The Hi-Tech Gears Limited (2006–2025)
The table below shows the annual total assets of The Hi-Tech Gears Limited from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹8.04 Billion | -11.49% |
| 2024-03-31 | ₹9.08 Billion | -7.82% |
| 2023-03-31 | ₹9.85 Billion | -1.68% |
| 2022-03-31 | ₹10.02 Billion | +8.68% |
| 2021-03-31 | ₹9.22 Billion | +16.85% |
| 2020-03-31 | ₹7.89 Billion | -9.04% |
| 2019-03-31 | ₹8.68 Billion | +18.18% |
| 2018-03-31 | ₹7.34 Billion | +7.79% |
| 2017-03-31 | ₹6.81 Billion | +115.59% |
| 2016-03-31 | ₹3.16 Billion | +7.58% |
| 2015-03-31 | ₹2.94 Billion | -1.35% |
| 2014-03-31 | ₹2.98 Billion | -3.09% |
| 2013-03-31 | ₹3.07 Billion | -11.17% |
| 2012-03-31 | ₹3.46 Billion | +29.36% |
| 2011-03-31 | ₹2.67 Billion | +11.48% |
| 2010-03-31 | ₹2.40 Billion | +6.48% |
| 2009-03-31 | ₹2.25 Billion | -4.68% |
| 2008-03-31 | ₹2.36 Billion | +19.44% |
| 2007-03-31 | ₹1.98 Billion | +9.26% |
| 2006-03-31 | ₹1.81 Billion | -- |