RedFlow Limited
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide. It offers ZBM3 flow battery; quadpod and energy pods, scalable energy storage solutions; and battery management systems. The company's batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headqu… Read more
RedFlow Limited (REFXF) - Total Assets
Latest total assets as of June 2023: $13.90 Million USD
Based on the latest financial reports, RedFlow Limited (REFXF) holds total assets worth $13.90 Million USD as of June 2023.
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.
RedFlow Limited - Total Assets Trend (2016–2023)
This chart illustrates how RedFlow Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RedFlow Limited - Asset Composition Analysis
Current Asset Composition (June 2023)
RedFlow Limited's total assets of $13.90 Million consist of 82.9% current assets and 17.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 39.7% |
| Accounts Receivable | $55.39K | 0.4% |
| Inventory | $2.74 Million | 19.7% |
| Property, Plant & Equipment | $1.88 Million | 13.5% |
| Intangible Assets | $501.23K | 3.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how RedFlow 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: RedFlow Limited's current assets represent 82.9% of total assets in 2023, a decrease from 88.3% in 2016.
- Cash Position: Cash and equivalents constituted 39.7% of total assets in 2023, down from 72.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 19.7% of total assets.
RedFlow Limited Competitors by Total Assets
Key competitors of RedFlow Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
355690
KQ:355690
|
Korea | ₩40.32 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 Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
|
Kumho Electric
KO:001210
|
Korea | ₩30.00 Billion |
RedFlow 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
Lower asset utilization - RedFlow Limited generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - RedFlow Limited is currently not profitable relative to its asset base.
RedFlow 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 | 2.58 | 2.19 | 5.86 |
| Quick Ratio | 1.97 | 1.67 | 3.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.06 Million | $ 8.27 Million | $ 14.31 Million |
RedFlow Limited - Advanced Valuation Insights
This section examines the relationship between RedFlow 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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.7% |
| Total Assets | $13.90 Million |
| Market Capitalization | $26.43K USD |
Valuation Analysis
Below Book Valuation: The market values RedFlow Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: RedFlow Limited's assets decreased by 18.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RedFlow Limited (2016–2023)
The table below shows the annual total assets of RedFlow Limited from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $13.90 Million | -18.68% |
| 2022-06-30 | $17.10 Million | +10.71% |
| 2021-06-30 | $15.45 Million | +40.67% |
| 2020-06-30 | $10.98 Million | -47.32% |
| 2019-06-30 | $20.84 Million | -13.97% |
| 2018-06-30 | $24.23 Million | +136.32% |
| 2017-06-30 | $10.25 Million | -39.63% |
| 2016-06-30 | $16.98 Million | -- |