Concentric AB (publ)
Concentric AB (publ), together with its subsidiaries, designs, develops, manufactures, and distributes hydraulic and engine solutions in Sweden and internationally. The company operates through two segments, Engines and Hydraulics. It provides engine products, including lubricant, coolant, and fuel transfer pumps for diesel engines to OEMs and diesel engine manufacturers. The company's engine pro… Read more
Concentric AB (publ) (CCNTF) - Total Assets
Latest total assets as of June 2024: $4.19 Billion USD
Based on the latest financial reports, Concentric AB (publ) (CCNTF) holds total assets worth $4.19 Billion 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.
Concentric AB (publ) - Total Assets Trend (2013–2023)
This chart illustrates how Concentric AB (publ)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Concentric AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2023)
Concentric AB (publ)'s total assets of $4.19 Billion consist of 40.3% current assets and 59.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.8% |
| Accounts Receivable | $464.00 Million | 10.8% |
| Inventory | $455.00 Million | 10.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $350.00 Million | 8.1% |
| Goodwill | $1.42 Billion | 33.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Concentric AB (publ)'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: Concentric AB (publ)'s current assets represent 40.3% of total assets in 2023, an increase from 34.2% in 2013.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2023, up from 10.3% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, a decrease from 45.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 33.0% of total assets.
Concentric AB (publ) Competitors by Total Assets
Key competitors of Concentric AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Concentric AB (publ) - 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
Strong asset utilization - Concentric AB (publ) generates 0.98x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Concentric AB (publ) generates $9.68 in net profit.
Concentric AB (publ) - 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 | 1.48 | 1.57 | 1.75 |
| Quick Ratio | 1.03 | 1.09 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $492.00 Million | $ 60.83 Million | $ 503.00 Million |
Concentric AB (publ) - Advanced Valuation Insights
This section examines the relationship between Concentric AB (publ)'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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | $4.31 Billion |
| Market Capitalization | $686.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Concentric AB (publ)'s assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Concentric AB (publ)'s assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Concentric AB (publ) (2013–2023)
The table below shows the annual total assets of Concentric AB (publ) from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $4.31 Billion | -4.20% |
| 2022-12-31 | $4.50 Billion | +18.82% |
| 2021-12-31 | $3.78 Billion | +84.81% |
| 2020-12-31 | $2.05 Billion | +804.30% |
| 2019-12-31 | $226.36 Million | -89.87% |
| 2018-12-31 | $2.23 Billion | +13.23% |
| 2017-12-31 | $1.97 Billion | -3.09% |
| 2016-12-31 | $2.04 Billion | +1.50% |
| 2015-12-31 | $2.01 Billion | +497.64% |
| 2014-12-31 | $335.65 Million | -82.04% |
| 2013-12-31 | $1.87 Billion | -- |