Phinergy Ltd
Phinergy Ltd. develops clean and high energy-density systems based on metal-air technology. The company offers aluminum-air and zinc-air technology, which provide clean energy generation and storage solutions for various applications in electric mobility, energy backup, and renewable energy storage. It offers energy backup, electric transportation, and energy storage solutions. The company was fo… Read more
Phinergy Ltd (PHNGF) - Total Assets
Latest total assets as of June 2024: $129.69 Million USD
Based on the latest financial reports, Phinergy Ltd (PHNGF) holds total assets worth $129.69 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.
Phinergy Ltd - Total Assets Trend (2019–2023)
This chart illustrates how Phinergy Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Phinergy Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Phinergy Ltd's total assets of $129.69 Million consist of 55.9% current assets and 44.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.5% |
| Accounts Receivable | $340.00K | 0.3% |
| Inventory | $6.23 Million | 5.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.52 Million | 6.5% |
| Goodwill | $-7.32 Million | -6.3% |
Asset Composition Trend (2019–2023)
This chart illustrates how Phinergy 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: Phinergy Ltd's current assets represent 55.9% of total assets in 2023, an increase from 14.8% in 2019.
- Cash Position: Cash and equivalents constituted 16.5% of total assets in 2023, up from 5.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 6.5% of total assets.
Phinergy Ltd Competitors by Total Assets
Key competitors of Phinergy Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Phinergy 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 - Phinergy Ltd generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Phinergy Ltd is currently not profitable relative to its asset base.
Phinergy 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 | 7.07 | 7.85 | 3.69 |
| Quick Ratio | 6.31 | 7.36 | 3.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $61.52 Million | $ 81.91 Million | $ 23.27 Million |
Phinergy Ltd - Advanced Valuation Insights
This section examines the relationship between Phinergy 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 | 6.78 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -34.3% |
| Total Assets | $115.82 Million |
| Market Capitalization | $35.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Phinergy Ltd's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Phinergy Ltd's assets decreased by 34.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Phinergy Ltd (2019–2023)
The table below shows the annual total assets of Phinergy Ltd from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $115.82 Million | -34.29% |
| 2022-12-31 | $176.25 Million | -16.74% |
| 2021-12-31 | $211.69 Million | +210.50% |
| 2020-12-31 | $68.18 Million | +14.42% |
| 2019-12-31 | $59.59 Million | -- |