Hilong Holding Limited
Hilong Holding Limited, an investment holding company, operates as an oil field equipment and services provider in the People's Republic of China, Hong Kong, Russia, Central Asia and Europe, the Middle East, North and South America, South Asia, Southeast Asia, and Africa. It operates through Oilfield Equipment Manufacturing and Services, Oilfield Services, and Offshore Engineering Services segmen… Read more
Hilong Holding Limited (HLONF) - Total Assets
Latest total assets as of December 2024: $8.08 Billion USD
Based on the latest financial reports, Hilong Holding Limited (HLONF) holds total assets worth $8.08 Billion USD as of December 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.
Hilong Holding Limited - Total Assets Trend (2019–2024)
This chart illustrates how Hilong Holding Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hilong Holding Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Hilong Holding Limited's total assets of $8.08 Billion consist of 64.0% current assets and 36.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.9% |
| Accounts Receivable | $1.96 Billion | 24.3% |
| Inventory | $1.10 Billion | 13.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $36.46 Million | 0.5% |
| Goodwill | $96.51 Million | 1.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hilong Holding Limited'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: Hilong Holding Limited's current assets represent 64.0% of total assets in 2024, an increase from 54.7% in 2019.
- Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, down from 9.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 24.3% of total assets.
Hilong Holding Limited Competitors by Total Assets
Key competitors of Hilong Holding Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Hilong Holding Limited - 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 - Hilong Holding Limited generates 0.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hilong Holding Limited generates $ 0.35 in net profit.
Hilong Holding Limited - 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 | 1.10 | 1.17 | 2.58 |
| Quick Ratio | 0.87 | 0.92 | 1.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $479.11 Million | $ 745.70 Million | $ 2.83 Billion |
Hilong Holding Limited - Advanced Valuation Insights
This section examines the relationship between Hilong Holding Limited'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 | 0.18 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $8.08 Billion |
| Market Capitalization | $85.15K USD |
Valuation Analysis
Below Book Valuation: The market values Hilong Holding Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hilong Holding Limited's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hilong Holding Limited (2019–2024)
The table below shows the annual total assets of Hilong Holding Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.08 Billion | +1.51% |
| 2023-12-31 | $7.96 Billion | +2.01% |
| 2022-12-31 | $7.80 Billion | +10.31% |
| 2021-12-31 | $7.07 Billion | -4.05% |
| 2020-12-31 | $7.37 Billion | -13.71% |
| 2019-12-31 | $8.54 Billion | -- |