World Technology Corp
Helo Corp., a wellness technology company, provides wearable devices for use in the quantified-self wellness market. The company's wearable devices and related applications offer its end-users with health-related knowledge acquired through self-tracking. It offers VYYO Vista, which captures data that can be used to analyze resting and exercising heart rates, blood pressure estimation, breath rate… Read more
World Technology Corp (HLOC) - Total Assets
Latest total assets as of September 2024: $13.07 Million USD
Based on the latest financial reports, World Technology Corp (HLOC) holds total assets worth $13.07 Million USD as of September 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.
World Technology Corp - Total Assets Trend (2012–2023)
This chart illustrates how World Technology Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
World Technology Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
World Technology Corp's total assets of $13.07 Million consist of 42.8% current assets and 57.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $3.17 Million | 11.2% |
| Inventory | $1.61 Million | 5.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $15.20 Million | 53.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how World Technology Corp'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: World Technology Corp's current assets represent 42.8% of total assets in 2023, a decrease from 100.0% in 2012.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2023, down from 99.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 53.4% of total assets.
World Technology Corp Competitors by Total Assets
Key competitors of World Technology Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
World Technology Corp - 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 - World Technology Corp generates 0.16x 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, World Technology Corp generates $ 30.86 in net profit.
World Technology Corp - 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 | 3.34 | 3.18 | 1.88 |
| Quick Ratio | 2.81 | 2.07 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.15 Million | $ 8.86 Million | $ 985.02K |
World Technology Corp - Advanced Valuation Insights
This section examines the relationship between World Technology Corp'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 | 0.13 |
| Asset Growth Rate (YoY) | 43.6% |
| Total Assets | $28.46 Million |
| Market Capitalization | $3.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values World Technology Corp's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: World Technology Corp's assets grew by 43.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for World Technology Corp (2012–2023)
The table below shows the annual total assets of World Technology Corp from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $28.46 Million | +43.64% |
| 2022-12-31 | $19.81 Million | -28.65% |
| 2021-12-31 | $27.77 Million | +325.48% |
| 2020-12-31 | $6.53 Million | +784.35% |
| 2019-12-31 | $738.02K | +19.96% |
| 2018-12-31 | $615.22K | -69.56% |
| 2017-12-31 | $2.02 Million | +131.32% |
| 2016-12-31 | $873.70K | -36.63% |
| 2015-12-31 | $1.38 Million | +305.16% |
| 2014-12-31 | $340.28K | +7112.38% |
| 2013-12-31 | $4.72K | -70.24% |
| 2012-12-31 | $15.86K | -- |