Victory Marine Holdings Corp
Victory Marine Holdings Corp., through its subsidiary, Victory Yacht Sales Corp., engages in selling luxury vessels worldwide. It provides new and used boats, as well as financing, insurance, documentation, accessories, brokerage, and consulting services. The company was formerly known as China Good Electric, Inc. and changed its name to Victory Marine Holdings Corp. in May 2018. Victory Marine H… Read more
Victory Marine Holdings Corp (VMHG) - Total Assets
Latest total assets as of June 2025: $159.00 USD
Based on the latest financial reports, Victory Marine Holdings Corp (VMHG) holds total assets worth $159.00 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.
Victory Marine Holdings Corp - Total Assets Trend (2007–2024)
This chart illustrates how Victory Marine Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Victory Marine Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Victory Marine Holdings Corp's total assets of $159.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Victory Marine Holdings 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: Victory Marine Holdings Corp's current assets represent 100.0% of total assets in 2024, an increase from 92.7% in 2007.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, up from 2.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Victory Marine Holdings Corp Competitors by Total Assets
Key competitors of Victory Marine Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Victory Marine Holdings 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
Strong asset utilization - Victory Marine Holdings Corp generates 28.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Victory Marine Holdings Corp is currently not profitable relative to its asset base.
Victory Marine Holdings 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 | 0.00 | 0.01 | 1.19 |
| Quick Ratio | 0.00 | 0.01 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.03 Million | $ -2.17 Million | $ 364.06K |
Victory Marine Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Victory Marine Holdings 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 30.6% |
| Total Assets | $19.76K |
| Market Capitalization | $16.61 USD |
Valuation Analysis
Below Book Valuation: The market values Victory Marine Holdings Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Victory Marine Holdings Corp's assets grew by 30.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Victory Marine Holdings Corp (2007–2024)
The table below shows the annual total assets of Victory Marine Holdings Corp from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.76K | +30.62% |
| 2022-12-31 | $15.13K | -78.79% |
| 2021-12-31 | $71.31K | -29.70% |
| 2020-12-31 | $101.44K | +217.72% |
| 2019-12-31 | $31.93K | +35.05% |
| 2018-12-31 | $23.64K | +12023.59% |
| 2017-12-31 | $195.00 | -93.09% |
| 2016-12-31 | $2.82K | -59.96% |
| 2015-12-31 | $7.05K | -99.82% |
| 2010-12-31 | $3.89 Million | +24.23% |
| 2009-12-31 | $3.13 Million | +52.15% |
| 2008-12-31 | $2.06 Million | -48.63% |
| 2007-12-31 | $4.00 Million | -- |