Hynion AS
Hynion AS, together with its subsidiaries, operates as a hydrogen fuel company in Norway and Sweden. It sells hydrogen fuels to personal vehicles, taxis, busses, and trucks through hydrogen refueling stations; and sells turn-key hydrogen refueling station. The company was formerly known as Hydrogenisk AS and changed its name to Hynion AS in September 2019. Hynion AS was incorporated in 2019 and i… Read more
Hynion AS (HYN) - Total Assets
Latest total assets as of June 2024: Nkr45.55 Million NOK
Based on the latest financial reports, Hynion AS (HYN) holds total assets worth Nkr45.55 Million NOK 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.
Hynion AS - Total Assets Trend (2019–2023)
This chart illustrates how Hynion AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hynion AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Hynion AS's total assets of Nkr45.55 Million consist of 52.0% current assets and 48.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr13.05 Million | 36.5% |
| Accounts Receivable | Nkr2.60 Million | 7.3% |
| Inventory | Nkr1.79 Million | 5.0% |
| Property, Plant & Equipment | Nkr16.89 Million | 47.2% |
| Intangible Assets | Nkr122.06K | 0.3% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Hynion AS'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: Hynion AS's current assets represent 52.0% of total assets in 2023, a decrease from 64.3% in 2019.
- Cash Position: Cash and equivalents constituted 36.5% of total assets in 2023, down from 52.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.2% of total assets.
Hynion AS Competitors by Total Assets
Key competitors of Hynion AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
Hynion AS - 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 - Hynion AS generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hynion AS is currently not profitable relative to its asset base.
Hynion AS - 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 | 0.37 | 2.06 | 36.72 |
| Quick Ratio | 0.30 | 2.05 | 36.72 |
| Cash Ratio | 0.15 | 1.88 | 0.00 |
| Working Capital | Nkr-18.37 Million | Nkr 17.54 Million | Nkr 55.56 Million |
Hynion AS - Advanced Valuation Insights
This section examines the relationship between Hynion AS'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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -48.9% |
| Total Assets | Nkr35.78 Million |
| Market Capitalization | $183.65K USD |
Valuation Analysis
Below Book Valuation: The market values Hynion AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hynion AS's assets decreased by 48.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hynion AS (2019–2023)
The table below shows the annual total assets of Hynion AS from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr35.78 Million | -48.94% |
| 2022-12-31 | Nkr70.07 Million | +13.80% |
| 2021-12-31 | Nkr61.57 Million | +659.35% |
| 2020-12-31 | Nkr8.11 Million | +381.89% |
| 2019-12-31 | Nkr1.68 Million | -- |