First High-School Education Group Co Ltd
First High-School Education Group Co., Ltd. operates private high schools in Western China. The company provides private fundamental education and complementary education services, including middle and high school, and tutorial school. It also offers management services and management consulting services. The company operates a network of schools located in Yunnan province, Shaanxi province, Hena… Read more
First High-School Education Group Co Ltd (FHSEY) - Total Assets
Latest total assets as of June 2024: $827.02 Million USD
Based on the latest financial reports, First High-School Education Group Co Ltd (FHSEY) holds total assets worth $827.02 Million 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.
First High-School Education Group Co Ltd - Total Assets Trend (2018–2023)
This chart illustrates how First High-School Education Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First High-School Education Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
First High-School Education Group Co Ltd's total assets of $827.02 Million consist of 77.8% current assets and 22.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.1% |
| Accounts Receivable | $82.20 Million | 8.3% |
| Inventory | $81.00K | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.25 Million | 0.7% |
| Goodwill | $30.35 Million | 3.1% |
Asset Composition Trend (2018–2023)
This chart illustrates how First High-School Education Group Co 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: First High-School Education Group Co Ltd's current assets represent 77.8% of total assets in 2023, an increase from 48.1% in 2018.
- Cash Position: Cash and equivalents constituted 19.1% of total assets in 2023, up from 13.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 21.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 8.3% of total assets.
First High-School Education Group Co Ltd Competitors by Total Assets
Key competitors of First High-School Education Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
China | CN¥5.98 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
|
JLS Co.Ltd
KQ:040420
|
Korea | ₩103.17 Billion |
First High-School Education Group Co 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
Lower asset utilization - First High-School Education Group Co Ltd generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - First High-School Education Group Co Ltd is currently not profitable relative to its asset base.
First High-School Education Group Co 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 | 0.94 | 1.15 | 0.64 |
| Quick Ratio | 0.60 | 1.09 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-40.74 Million | $ 67.08 Million | $ -146.75 Million |
First High-School Education Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between First High-School Education Group Co 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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 39.2% |
| Total Assets | $991.62 Million |
| Market Capitalization | $1.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values First High-School Education Group Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: First High-School Education Group Co Ltd's assets grew by 39.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First High-School Education Group Co Ltd (2018–2023)
The table below shows the annual total assets of First High-School Education Group Co Ltd from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $991.62 Million | +39.18% |
| 2022-12-31 | $712.48 Million | -19.31% |
| 2021-12-31 | $883.02 Million | +38.82% |
| 2020-12-31 | $636.07 Million | +23.42% |
| 2019-12-31 | $515.36 Million | +20.13% |
| 2018-12-31 | $428.99 Million | -- |