SIM Technology Group Limited
SIM Technology Group Limited, an investment holding company, designs, develops, manufactures, and sells handsets and Internet of Things (IOT) terminals in China, Hong Kong, other Asian countries, Europe, and the United States. The company operates through Handsets and IOT Terminals Business, Automotive Intelligent Products Business, and Property Management segments. It also offers electronic manu… Read more
SIM Technology Group Limited (SIMTF) - Total Assets
Latest total assets as of June 2025: $1.88 Billion USD
Based on the latest financial reports, SIM Technology Group Limited (SIMTF) holds total assets worth $1.88 Billion USD as of June 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.
SIM Technology Group Limited - Total Assets Trend (2004–2024)
This chart illustrates how SIM Technology Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SIM Technology Group Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
SIM Technology Group Limited's total assets of $1.88 Billion consist of 61.3% current assets and 38.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.8% |
| Accounts Receivable | $122.18 Million | 6.4% |
| Inventory | $52.72 Million | 2.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $14.57 Million | 0.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how SIM Technology Group 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: SIM Technology Group Limited's current assets represent 61.3% of total assets in 2024, a decrease from 87.6% in 2004.
- Cash Position: Cash and equivalents constituted 18.8% of total assets in 2024, down from 21.4% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 6.4% of total assets.
SIM Technology Group Limited Competitors by Total Assets
Key competitors of SIM Technology Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
SIM Technology Group 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 - SIM Technology Group Limited generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SIM Technology Group Limited is currently not profitable relative to its asset base.
SIM Technology Group 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 | 3.59 | 3.39 | 2.99 |
| Quick Ratio | 3.49 | 3.21 | 2.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $795.52 Million | $ 793.67 Million | $ 1.12 Billion |
SIM Technology Group Limited - Advanced Valuation Insights
This section examines the relationship between SIM Technology Group 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 | 0.41 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | $1.92 Billion |
| Market Capitalization | $42.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values SIM Technology Group Limited's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SIM Technology Group Limited's assets decreased by 10.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SIM Technology Group Limited (2004–2024)
The table below shows the annual total assets of SIM Technology Group Limited from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.92 Billion | -10.62% |
| 2023-12-31 | $2.15 Billion | +4.66% |
| 2022-12-31 | $2.05 Billion | -20.49% |
| 2021-12-31 | $2.58 Billion | -7.80% |
| 2020-12-31 | $2.80 Billion | -2.28% |
| 2019-12-31 | $2.87 Billion | -3.54% |
| 2018-12-31 | $2.97 Billion | -18.14% |
| 2017-12-31 | $3.63 Billion | +4.33% |
| 2016-12-31 | $3.48 Billion | +2.46% |
| 2015-12-31 | $3.40 Billion | +10.46% |
| 2014-12-31 | $3.07 Billion | +7.55% |
| 2013-12-31 | $2.86 Billion | -17.46% |
| 2012-12-31 | $3.46 Billion | -9.84% |
| 2011-12-31 | $3.84 Billion | +21.90% |
| 2010-12-31 | $3.15 Billion | +19.03% |
| 2009-12-31 | $2.65 Billion | +37.01% |
| 2008-12-31 | $1.93 Billion | -1.17% |
| 2007-12-31 | $1.96 Billion | +6.61% |
| 2006-12-31 | $1.83 Billion | +25.45% |
| 2005-12-31 | $1.46 Billion | +57.38% |
| 2004-12-31 | $928.89 Million | -- |