The Hi-Tech Gears Limited (HITECHGEAR) - Total Assets
Based on the latest financial reports, The Hi-Tech Gears Limited (HITECHGEAR) holds total assets worth Rs8.13 Billion INR (≈ $87.90 Million USD) 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. See shareholders equity of The Hi-Tech Gears Limited for net asset value and shareholders' equity analysis.
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.
The Hi-Tech Gears Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
The Hi-Tech Gears Limited's total assets of Rs8.13 Billion consist of 42.9% current assets and 57.1% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs34.20 Million | 1.4% |
| Accounts Receivable | Rs1.53 Billion | 19.1% |
| Inventory | Rs1.25 Billion | 15.6% |
| Property, Plant & Equipment | Rs3.75 Billion | 46.6% |
| Intangible Assets | Rs413.52 Million | 5.1% |
| Goodwill | Rs304.18 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. For live market cap, price, and company overview, see HITECHGEAR company net worth.
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 |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON
|
Germany | €18.59 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
China | CN¥27.24 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥20.22 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.62 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥11.04 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
China | CN¥6.29 Billion |
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 | Rs1.70 Billion | Rs1.49 Billion | Rs703.36 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 | 0.02 |
| Asset Growth Rate (YoY) | -11.5% |
| Total Assets | Rs8.04 Billion |
| Market Capitalization | $125.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Hi-Tech Gears Limited's assets below their book value (0.02x), 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 | Rs8.04 Billion ≈ $86.96 Million |
-11.49% |
| 2024-03-31 | Rs9.08 Billion ≈ $98.24 Million |
-7.82% |
| 2023-03-31 | Rs9.85 Billion ≈ $106.57 Million |
-1.68% |
| 2022-03-31 | Rs10.02 Billion ≈ $108.39 Million |
+8.68% |
| 2021-03-31 | Rs9.22 Billion ≈ $99.74 Million |
+16.85% |
| 2020-03-31 | Rs7.89 Billion ≈ $85.35 Million |
-9.04% |
| 2019-03-31 | Rs8.68 Billion ≈ $93.83 Million |
+18.18% |
| 2018-03-31 | Rs7.34 Billion ≈ $79.40 Million |
+7.79% |
| 2017-03-31 | Rs6.81 Billion ≈ $73.66 Million |
+115.59% |
| 2016-03-31 | Rs3.16 Billion ≈ $34.17 Million |
+7.58% |
| 2015-03-31 | Rs2.94 Billion ≈ $31.76 Million |
-1.35% |
| 2014-03-31 | Rs2.98 Billion ≈ $32.19 Million |
-3.09% |
| 2013-03-31 | Rs3.07 Billion ≈ $33.22 Million |
-11.17% |
| 2012-03-31 | Rs3.46 Billion ≈ $37.40 Million |
+29.36% |
| 2011-03-31 | Rs2.67 Billion ≈ $28.91 Million |
+11.48% |
| 2010-03-31 | Rs2.40 Billion ≈ $25.93 Million |
+6.48% |
| 2009-03-31 | Rs2.25 Billion ≈ $24.35 Million |
-4.68% |
| 2008-03-31 | Rs2.36 Billion ≈ $25.55 Million |
+19.44% |
| 2007-03-31 | Rs1.98 Billion ≈ $21.39 Million |
+9.26% |
| 2006-03-31 | Rs1.81 Billion ≈ $19.58 Million |
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About 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