Forsee Power SAS (FORSE) - Total Assets
Based on the latest financial reports, Forsee Power SAS (FORSE) holds total assets worth €164.85 Million EUR (≈ $192.73 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.
Forsee Power SAS - Total Assets Trend (2017–2024)
This chart illustrates how Forsee Power SAS's total assets have evolved over time, based on quarterly financial data. Also see Forsee Power SAS stock valuation for the company's overall valuation and market capitalisation.
Forsee Power SAS - Asset Composition Analysis
Current Asset Composition (December 2024)
Forsee Power SAS's total assets of €164.85 Million consist of 51.5% current assets and 48.5% non-current assets. Review Forsee Power SAS total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 3.2% |
| Accounts Receivable | €11.16 Million | 6.6% |
| Inventory | €43.29 Million | 25.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €31.73 Million | 18.7% |
| Goodwill | €1.52 Million | 0.9% |
Asset Composition Trend (2017–2024)
This chart illustrates how Forsee Power SAS'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. See FORSE share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forsee Power SAS's current assets represent 51.5% of total assets in 2024, a decrease from 70.6% in 2017.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, down from 38.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 12.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 25.6% of total assets.
Forsee Power SAS Competitors by Total Assets
Key competitors of Forsee Power SAS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥19.38 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥36.19 Billion |
|
Kumho Tire
KO:073240
|
Korea | ₩6.37 Trillion |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320
|
China | CN¥3.72 Billion |
|
Steel Strips Wheels Limited
NSE:SSWL
|
India | Rs38.31 Billion |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
China | CN¥2.48 Billion |
|
Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733
|
China | CN¥3.30 Billion |
|
Jee Technology Co. Ltd. A
SHG:688162
|
China | CN¥8.12 Billion |
Forsee Power SAS - 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 | 1.21 | 1.92 | 1.30 |
| Quick Ratio | 0.72 | 1.07 | 0.89 |
| Cash Ratio | 0.00 | 0.46 | 0.00 |
| Working Capital | €15.23 Million | €49.44 Million | €10.45 Million |
Forsee Power SAS - Advanced Valuation Insights
This section examines the relationship between Forsee Power SAS'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 | 0.64 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -9.6% |
| Total Assets | €169.39 Million |
| Market Capitalization | $30.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forsee Power SAS's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forsee Power SAS's assets decreased by 9.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forsee Power SAS (2017–2024)
The table below shows the annual total assets of Forsee Power SAS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €169.39 Million ≈ $198.04 Million |
-9.63% |
| 2023-12-31 | €187.44 Million ≈ $219.14 Million |
+27.92% |
| 2022-12-31 | €146.53 Million ≈ $171.30 Million |
-12.05% |
| 2021-12-31 | €166.60 Million ≈ $194.77 Million |
+76.38% |
| 2020-12-31 | €94.45 Million ≈ $110.43 Million |
+25.06% |
| 2019-12-31 | €75.53 Million ≈ $88.30 Million |
+33.62% |
| 2018-12-31 | €56.52 Million ≈ $66.08 Million |
+41.18% |
| 2017-12-31 | €40.04 Million ≈ $46.81 Million |
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About Forsee Power SAS
Forsee Power S.A., together with its subsidiaries, designs, manufactures, and sells battery systems for electromobility in France, res of Europe, Asia, the United States, and internationally. It operates in two segments, Heavy Vehicles, and Light Vehicles and Industrial Tech. The company offers lithium-ion batteries and power conversion and charging systems. Its products are used in the field of … Read more