AdvanceTC Limited
AdvanceTC Limited engages in the design, development and commercialization of mobile wireless computing and telecommunication devices worldwide. The company offers mobile computing devices under the MAGIC brand, as well as provides software and applications services. The company also provides its services online. AdvanceTC Limited was founded in 2005 and is based in Sydney, Australia.
AdvanceTC Limited (ATCLF) - Total Assets
Latest total assets as of December 2024: $262.00K USD
Based on the latest financial reports, AdvanceTC Limited (ATCLF) holds total assets worth $262.00K USD as of December 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.
AdvanceTC Limited - Total Assets Trend (2012–2024)
This chart illustrates how AdvanceTC Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AdvanceTC Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
AdvanceTC Limited's total assets of $262.00K consist of 80.5% current assets and 19.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how AdvanceTC 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: AdvanceTC Limited's current assets represent 80.5% of total assets in 2024, an increase from 14.0% in 2012.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, up from 0.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
AdvanceTC Limited Competitors by Total Assets
Key competitors of AdvanceTC Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
AdvanceTC 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 - AdvanceTC Limited generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AdvanceTC Limited is currently not profitable relative to its asset base.
AdvanceTC 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 | 0.03 | 0.03 | 8.86 |
| Quick Ratio | 0.03 | 0.03 | 3.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.00 Million | $ -6.08 Million | $ 2.74 Million |
AdvanceTC Limited - Advanced Valuation Insights
This section examines the relationship between AdvanceTC 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 | - |
| Latest Market Cap to Assets Ratio | 1.47 |
| Asset Growth Rate (YoY) | 5.6% |
| Total Assets | $262.00K |
| Market Capitalization | $385.78K USD |
Valuation Analysis
Above Book Valuation: The market values AdvanceTC Limited's assets above their book value (1.47 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: AdvanceTC Limited's assets grew by 5.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for AdvanceTC Limited (2012–2024)
The table below shows the annual total assets of AdvanceTC Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $262.00K | +5.64% |
| 2023-12-31 | $248.02K | -80.77% |
| 2022-12-31 | $1.29 Million | +19.49% |
| 2021-12-31 | $1.08 Million | -52.07% |
| 2020-12-31 | $2.25 Million | +24.98% |
| 2019-12-31 | $1.80 Million | +15.95% |
| 2018-12-31 | $1.55 Million | -61.29% |
| 2017-12-31 | $4.01 Million | -60.21% |
| 2016-12-31 | $10.09 Million | -41.27% |
| 2015-12-31 | $17.18 Million | +8.88% |
| 2014-12-31 | $15.78 Million | +70.67% |
| 2012-12-31 | $9.25 Million | -- |