Quality Industrial Corp.
Quality Industrial Corp., an industrial company, engages in the provision of solutions for the liquefied petroleum gas industry. It offers design, supply, construction, operation, and maintenance services; consultancy and project management; repair and preventive maintenance; and billing and monitoring systems for central gas systems. The company also provides design, supply, and installation of … Read more
Quality Industrial Corp. (QIND) - Total Assets
Latest total assets as of September 2025: $19.97 Million USD
Based on the latest financial reports, Quality Industrial Corp. (QIND) holds total assets worth $19.97 Million USD as of September 2025.
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.
Quality Industrial Corp. - Total Assets Trend (2018–2024)
This chart illustrates how Quality Industrial Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Quality Industrial Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Quality Industrial Corp.'s total assets of $19.97 Million consist of 41.2% current assets and 58.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $3.21 Million | 17.7% |
| Inventory | $1.22 Million | 6.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $8.41 Million | 46.5% |
Asset Composition Trend (2018–2024)
This chart illustrates how Quality Industrial 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: Quality Industrial Corp.'s current assets represent 41.2% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 100.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 46.5% of total assets.
Quality Industrial Corp. Competitors by Total Assets
Key competitors of Quality Industrial Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Quality Industrial 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
Moderate asset utilization - Quality Industrial Corp. generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Quality Industrial Corp. is currently not profitable relative to its asset base.
Quality Industrial 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 | 0.55 | 0.63 | 2.85 |
| Quick Ratio | 0.49 | 0.63 | 2.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.17 Million | $ -3.78 Million | $ 208.98K |
Quality Industrial Corp. - Advanced Valuation Insights
This section examines the relationship between Quality Industrial 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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 104.5% |
| Total Assets | $18.11 Million |
| Market Capitalization | $1.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Quality Industrial Corp.'s assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Quality Industrial Corp.'s assets grew by 104.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Quality Industrial Corp. (2018–2024)
The table below shows the annual total assets of Quality Industrial Corp. from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $18.11 Million | +104.47% |
| 2023-12-31 | $8.86 Million | -95.59% |
| 2022-12-31 | $200.69 Million | +88650.80% |
| 2021-12-31 | $226.13K | +9.21% |
| 2020-12-31 | $207.06K | +57.34% |
| 2019-12-31 | $131.60K | +3.73% |
| 2018-12-31 | $126.88K | -- |