Advance ZincTek Limited
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. The company produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formul… Read more
Advance ZincTek Limited (ADVNF) - Total Assets
Latest total assets as of June 2024: $38.74 Million USD
Based on the latest financial reports, Advance ZincTek Limited (ADVNF) holds total assets worth $38.74 Million USD 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.
Advance ZincTek Limited - Total Assets Trend (2020–2024)
This chart illustrates how Advance ZincTek Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Advance ZincTek Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Advance ZincTek Limited's total assets of $38.74 Million consist of 43.1% current assets and 56.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $1.09 Million | 2.8% |
| Inventory | $12.73 Million | 32.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Advance ZincTek 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: Advance ZincTek Limited's current assets represent 43.1% of total assets in 2024, a decrease from 46.1% in 2020.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 0.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 32.9% of total assets.
Advance ZincTek Limited Competitors by Total Assets
Key competitors of Advance ZincTek Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Dawood Hercules Corporation Ltd
KAR:DAWH
|
Pakistan | PKRs781.72 Billion |
|
Fauji Fertilizer Bin Qasim Ltd
KAR:FFBL
|
Pakistan | PKRs203.28 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
|
Aoyuan Beauty Valley Technology Co Ltd
SHE:000615
|
China | CN¥2.74 Billion |
Advance ZincTek 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 - Advance ZincTek Limited generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Advance ZincTek Limited is currently not profitable relative to its asset base.
Advance ZincTek 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 | 8.30 | 9.40 | - |
| Quick Ratio | 1.97 | 2.48 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $14.69 Million | $ 15.85 Million | - |
Advance ZincTek Limited - Advanced Valuation Insights
This section examines the relationship between Advance ZincTek 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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | $38.74 Million |
| Market Capitalization | $5.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Advance ZincTek Limited's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Advance ZincTek Limited's assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Advance ZincTek Limited (2020–2024)
The table below shows the annual total assets of Advance ZincTek Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $38.74 Million | -0.82% |
| 2023-06-30 | $39.06 Million | +2.07% |
| 2022-06-30 | $38.27 Million | +11.04% |
| 2021-06-30 | $34.46 Million | +7.63% |
| 2020-06-30 | $32.02 Million | -- |