Smartoptics Group AS (SMOP) - Total Assets
Based on the latest financial reports, Smartoptics Group AS (SMOP) holds total assets worth Nkr49.94 Million NOK (≈ $5.26 Million USD) as of June 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. Check Smartoptics Group AS total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Smartoptics Group AS - Total Assets Trend (2008–2024)
This chart illustrates how Smartoptics Group AS's total assets have evolved over time, based on quarterly financial data. Check SMOP cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Smartoptics Group AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Smartoptics Group AS's total assets of Nkr49.94 Million consist of 85.5% current assets and 14.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 16.3% |
| Accounts Receivable | Nkr19.86 Million | 40.6% |
| Inventory | Nkr12.62 Million | 25.8% |
| Property, Plant & Equipment | Nkr4.21 Million | 8.6% |
| Intangible Assets | Nkr1.91 Million | 3.9% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Smartoptics Group 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. For live market cap, price, and company overview, see SMOP market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Smartoptics Group AS's current assets represent 85.5% of total assets in 2024, an increase from 44.4% in 2008.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 0.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 37.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 40.6% of total assets.
Smartoptics Group AS Competitors by Total Assets
Key competitors of Smartoptics Group AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Accelink Technologies Co Ltd
SHE:002281
|
China | CN¥18.26 Billion |
|
Seojin System Co.Ltd
KQ:178320
|
Korea | ₩2.56 Trillion |
|
Ningbo Bird Co Ltd
SHG:600130
|
China | CN¥1.17 Billion |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
China | CN¥1.70 Billion |
|
ValueHD Corp. A
SHE:301318
|
China | CN¥2.08 Billion |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
China | CN¥1.46 Billion |
|
Elsight Ltd
AU:ELS
|
Australia | AU$64.17 Million |
Smartoptics Group 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 | 2.27 | 3.03 | 1.87 |
| Quick Ratio | 1.34 | 1.86 | 1.13 |
| Cash Ratio | 0.17 | 0.41 | 0.00 |
| Working Capital | Nkr22.98 Million | Nkr25.38 Million | Nkr81.23 Million |
Smartoptics Group AS - Advanced Valuation Insights
This section examines the relationship between Smartoptics Group 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 | 13.04 |
| Latest Market Cap to Assets Ratio | 10.80 |
| Asset Growth Rate (YoY) | -0.2% |
| Total Assets | Nkr48.91 Million |
| Market Capitalization | $528.24 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Smartoptics Group AS's assets at a significant premium (10.80x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Smartoptics Group AS's assets decreased by 0.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Smartoptics Group AS (2008–2024)
The table below shows the annual total assets of Smartoptics Group AS from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr48.91 Million ≈ $5.15 Million |
-0.21% |
| 2023-12-31 | Nkr49.01 Million ≈ $5.16 Million |
+10.45% |
| 2022-12-31 | Nkr44.37 Million ≈ $4.67 Million |
-86.92% |
| 2021-12-31 | Nkr339.28 Million ≈ $35.70 Million |
+50.92% |
| 2020-12-31 | Nkr224.81 Million ≈ $23.66 Million |
+36.07% |
| 2019-12-31 | Nkr165.22 Million ≈ $17.39 Million |
+72.14% |
| 2018-12-31 | Nkr95.98 Million ≈ $10.10 Million |
+126.05% |
| 2010-12-31 | Nkr42.46 Million ≈ $4.47 Million |
+55.85% |
| 2009-12-31 | Nkr27.24 Million ≈ $2.87 Million |
+49.27% |
| 2008-12-31 | Nkr18.25 Million ≈ $1.92 Million |
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About Smartoptics Group AS
Smartoptics Group ASA provides optical networking solutions and devices in the Americas, Europe, the Middle East, Africa, and the Asia"Pacific. Its products include flexible open-line systems; multiplexers and optical add/drop multiplexers; modular transponders and muxponders; optical transceivers; active and passive systems; and optical transceivers datasheets, as well as Sosmart software suite.… Read more