BOE Varitronix Limited
BOE Varitronix Limited, an investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People's Republic of China, Europe, the United States, Korea, Japan, and internationally. It primarily provides thin film transistor (TFT) products, touch panel display modules, and automotive system products. The company also offers display products for use i… Read more
BOE Varitronix Limited (VARXF) - Total Assets
Latest total assets as of June 2025: $11.83 Billion USD
Based on the latest financial reports, BOE Varitronix Limited (VARXF) holds total assets worth $11.83 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.
BOE Varitronix Limited - Total Assets Trend (2001–2024)
This chart illustrates how BOE Varitronix Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BOE Varitronix Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
BOE Varitronix Limited's total assets of $11.83 Billion consist of 80.2% current assets and 19.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.6% |
| Accounts Receivable | $2.95 Billion | 25.8% |
| Inventory | $1.78 Billion | 15.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $29.43 Million | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how BOE Varitronix 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: BOE Varitronix Limited's current assets represent 80.2% of total assets in 2024, an increase from 57.6% in 2001.
- Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, up from 23.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 25.8% of total assets.
BOE Varitronix Limited Competitors by Total Assets
Key competitors of BOE Varitronix Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
BOE Varitronix 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
Strong asset utilization - BOE Varitronix Limited generates 1.17x 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, BOE Varitronix Limited generates $ 3.41 in net profit.
BOE Varitronix 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 | 1.42 | 1.49 | 3.19 |
| Quick Ratio | 1.15 | 1.18 | 2.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.86 Billion | $ 2.82 Billion | $ 2.27 Billion |
BOE Varitronix Limited - Advanced Valuation Insights
This section examines the relationship between BOE Varitronix 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 | 0.87 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | $11.46 Billion |
| Market Capitalization | $294.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values BOE Varitronix Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: BOE Varitronix Limited's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for BOE Varitronix Limited (2001–2024)
The table below shows the annual total assets of BOE Varitronix Limited from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.46 Billion | +14.26% |
| 2023-12-31 | $10.03 Billion | +21.14% |
| 2022-12-31 | $8.28 Billion | +49.43% |
| 2021-12-31 | $5.54 Billion | +44.74% |
| 2020-12-31 | $3.83 Billion | +8.40% |
| 2019-12-31 | $3.53 Billion | +1.55% |
| 2018-12-31 | $3.48 Billion | +0.27% |
| 2017-12-31 | $3.47 Billion | +9.33% |
| 2016-12-31 | $3.17 Billion | +30.16% |
| 2015-12-31 | $2.44 Billion | -0.51% |
| 2014-12-31 | $2.45 Billion | -7.01% |
| 2013-12-31 | $2.64 Billion | +13.84% |
| 2012-12-31 | $2.32 Billion | +17.62% |
| 2011-12-31 | $1.97 Billion | -6.37% |
| 2010-12-31 | $2.10 Billion | -0.14% |
| 2009-12-31 | $2.11 Billion | -10.21% |
| 2008-12-31 | $2.34 Billion | +0.33% |
| 2007-12-31 | $2.34 Billion | +24.33% |
| 2006-12-31 | $1.88 Billion | +3.26% |
| 2005-12-31 | $1.82 Billion | -15.00% |
| 2004-12-31 | $2.14 Billion | +16.93% |
| 2003-12-31 | $1.83 Billion | +7.35% |
| 2002-12-31 | $1.71 Billion | +7.31% |
| 2001-12-31 | $1.59 Billion | -- |