Avance Gas Holding Ltd
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. It transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Asia through the Panama Canal. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Hold… Read more
Avance Gas Holding Ltd (AVACF) - Total Assets
Latest total assets as of March 2025: $61.39 Million USD
Based on the latest financial reports, Avance Gas Holding Ltd (AVACF) holds total assets worth $61.39 Million USD as of March 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.
Avance Gas Holding Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Avance Gas Holding Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avance Gas Holding Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Avance Gas Holding Ltd's total assets of $61.39 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 38.5% |
| Accounts Receivable | $7.82 Million | 1.7% |
| 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 Avance Gas Holding Ltd'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: Avance Gas Holding Ltd's current assets represent 100.0% of total assets in 2024, an increase from 9.6% in 2012.
- Cash Position: Cash and equivalents constituted 38.5% of total assets in 2024, up from 5.1% 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 accounts receivable at 1.7% of total assets.
Avance Gas Holding Ltd Competitors by Total Assets
Key competitors of Avance Gas Holding Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Avance Gas Holding Ltd - 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
Moderate asset utilization - Avance Gas Holding Ltd generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Avance Gas Holding Ltd generates $ 96.87 in net profit.
Avance Gas Holding Ltd - 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 | 93.80 | 8.18 | 1.66 |
| Quick Ratio | 93.80 | 8.03 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $60.73 Million | $ 353.58 Million | $ 44.13 Million |
Avance Gas Holding Ltd - Advanced Valuation Insights
This section examines the relationship between Avance Gas Holding Ltd'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -60.4% |
| Total Assets | $457.36 Million |
| Market Capitalization | $7.70K USD |
Valuation Analysis
Below Book Valuation: The market values Avance Gas Holding Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Avance Gas Holding Ltd's assets decreased by 60.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Avance Gas Holding Ltd (2012–2024)
The table below shows the annual total assets of Avance Gas Holding Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $457.36 Million | -60.35% |
| 2023-12-31 | $1.15 Billion | +8.03% |
| 2022-12-31 | $1.07 Billion | +11.77% |
| 2021-12-31 | $955.38 Million | +6.48% |
| 2020-12-31 | $897.24 Million | -0.20% |
| 2019-12-31 | $899.05 Million | +3.24% |
| 2018-12-31 | $870.79 Million | -4.35% |
| 2017-12-31 | $910.44 Million | -11.84% |
| 2016-12-31 | $1.03 Billion | -7.69% |
| 2015-12-31 | $1.12 Billion | +60.45% |
| 2014-12-31 | $697.27 Million | +15.29% |
| 2013-12-31 | $604.80 Million | +2.92% |
| 2012-12-31 | $587.65 Million | -- |