WeConnect (ALWEC) - Total Assets
Based on the latest financial reports, WeConnect (ALWEC) holds total assets worth €209.95 Million EUR (≈ $245.45 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. See WeConnect book value and equity for net asset value and shareholders' equity analysis.
WeConnect - Total Assets Trend (2003–2024)
This chart illustrates how WeConnect's total assets have evolved over time, based on quarterly financial data.
WeConnect - Asset Composition Analysis
Current Asset Composition (December 2024)
WeConnect's total assets of €209.95 Million consist of 96.8% current assets and 3.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €4.45 Million | 16.1% |
| Accounts Receivable | €79.14 Million | 35.8% |
| Inventory | €94.30 Million | 42.7% |
| Property, Plant & Equipment | €664.67K | 0.3% |
| Intangible Assets | €957.39K | 0.4% |
| Goodwill | €1.71 Million | 0.8% |
Asset Composition Trend (2003–2024)
This chart illustrates how WeConnect'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 WeConnect market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: WeConnect's current assets represent 96.8% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2024, up from 12.5% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 12.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 42.7% of total assets.
WeConnect Competitors by Total Assets
Key competitors of WeConnect based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
|
Shenzhen Transsion Holdings Co Ltd
SHG:688036
|
China | CN¥48.08 Billion |
|
Edifier Technology Co Ltd
SHE:002351
|
China | CN¥3.67 Billion |
|
Shenzhen Absen Optoelectronic Co Ltd
SHE:300389
|
China | CN¥4.30 Billion |
|
Bang & Olufsen
CO:BO
|
Denmark | Dkr2.29 Billion |
|
Hanpin Electron Co Ltd
TW:2488
|
Taiwan | NT$3.81 Billion |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$8.09 Million |
|
Global View Co Ltd
TW:3040
|
Taiwan | NT$1.96 Billion |
WeConnect - 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 | 1.69 | 1.76 | 2.12 |
| Quick Ratio | 0.86 | 0.97 | 1.30 |
| Cash Ratio | 0.14 | 0.19 | 0.45 |
| Working Capital | €81.73 Million | €68.77 Million | €49.73 Million |
WeConnect - Advanced Valuation Insights
This section examines the relationship between WeConnect'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 | 1.01 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 39.1% |
| Total Assets | €220.81 Million |
| Market Capitalization | $71.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values WeConnect's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: WeConnect's assets grew by 39.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for WeConnect (2003–2024)
The table below shows the annual total assets of WeConnect from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €220.81 Million ≈ $258.15 Million |
+39.10% |
| 2023-12-31 | €158.74 Million ≈ $185.59 Million |
+0.72% |
| 2022-12-31 | €157.60 Million ≈ $184.26 Million |
+16.70% |
| 2021-12-31 | €135.05 Million ≈ $157.89 Million |
+0.69% |
| 2020-12-31 | €134.13 Million ≈ $156.82 Million |
+19.49% |
| 2019-12-31 | €112.25 Million ≈ $131.23 Million |
+23.33% |
| 2018-12-31 | €91.02 Million ≈ $106.41 Million |
+21.26% |
| 2017-12-31 | €75.06 Million ≈ $87.75 Million |
+52.22% |
| 2016-12-31 | €49.31 Million ≈ $57.64 Million |
+13.97% |
| 2015-12-31 | €43.26 Million ≈ $50.58 Million |
+26968.62% |
| 2014-12-31 | €159.83K ≈ $186.85K |
-98.89% |
| 2013-12-31 | €14.41 Million ≈ $16.84 Million |
+28.04% |
| 2012-12-31 | €11.25 Million ≈ $13.15 Million |
-3.71% |
| 2011-12-31 | €11.69 Million ≈ $13.66 Million |
-25.85% |
| 2010-12-31 | €15.76 Million ≈ $18.42 Million |
-10.43% |
| 2009-12-31 | €17.59 Million ≈ $20.57 Million |
-35.57% |
| 2008-12-31 | €27.31 Million ≈ $31.92 Million |
-6.91% |
| 2007-12-31 | €29.33 Million ≈ $34.29 Million |
+7.38% |
| 2006-12-31 | €27.32 Million ≈ $31.94 Million |
+9.25% |
| 2005-12-31 | €25.01 Million ≈ $29.23 Million |
+14.87% |
| 2004-12-31 | €21.77 Million ≈ $25.45 Million |
-17.31% |
| 2003-12-31 | €26.33 Million ≈ $30.78 Million |
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About WeConnect
We.Connect SA designs, manufactures, assembles, and distributes hardware and computers, and peripheral and electronic equipment in France. Its products include computers; monitors; multimedia products; storage products, including internal and external hard, SSD, and multimedia hard drives, as well as Wi-Fi storage devices. The company's products also consist of PC accessories, such as mouse, keyb… Read more