Folkup Development Inc
Folkup Development Inc., through its subsidiaries, provides renewable energy products and solutions in Hong Kong. It invests, supplies, and installs rooftop and greenfield solar systems, and hydroponics farms. The company's products include rooftop solar pergola for village houses; rooftop solar glasshouse; wheelset solar carport; retractile solar carport; UND (up-n-down) solar pergola; hydroponi… Read more
Folkup Development Inc (FLDI) - Total Assets
Latest total assets as of September 2021: $7.06 Million USD
Based on the latest financial reports, Folkup Development Inc (FLDI) holds total assets worth $7.06 Million USD as of September 2021.
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.
Folkup Development Inc - Total Assets Trend (2016–2020)
This chart illustrates how Folkup Development Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Folkup Development Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Folkup Development Inc's total assets of $7.06 Million consist of 85.9% current assets and 14.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.5% |
| Accounts Receivable | $83.17K | 2.3% |
| Inventory | $-1.03 Million | -28.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2020)
This chart illustrates how Folkup Development Inc'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: Folkup Development Inc's current assets represent 85.9% of total assets in 2020, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2020, down from 100.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 2.3% of total assets.
Folkup Development Inc Competitors by Total Assets
Key competitors of Folkup Development Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
Folkup Development Inc - 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 - Folkup Development Inc generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Folkup Development Inc is currently not profitable relative to its asset base.
Folkup Development Inc - 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 | 0.71 | 0.63 | 1.05 |
| Quick Ratio | 0.71 | 0.63 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.55 Million | $ -1.81 Million | $ 500.00 |
Folkup Development Inc - Advanced Valuation Insights
This section examines the relationship between Folkup Development Inc'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 | 1.12 |
| Asset Growth Rate (YoY) | 170.8% |
| Total Assets | $3.58 Million |
| Market Capitalization | $4.00 Million USD |
Valuation Analysis
Above Book Valuation: The market values Folkup Development Inc's assets above their book value (1.12 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Folkup Development Inc's assets grew by 170.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Folkup Development Inc (2016–2020)
The table below shows the annual total assets of Folkup Development Inc from 2016 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $3.58 Million | +170.76% |
| 2019-12-31 | $1.32 Million | +3516.73% |
| 2018-12-31 | $36.58K | +167.05% |
| 2017-12-31 | $13.70K | +348.71% |
| 2016-12-31 | $3.05K | -- |