Hengli Industrial Development Group Co Ltd (000622) - Total Assets
Based on the latest financial reports, Hengli Industrial Development Group Co Ltd (000622) holds total assets worth CN¥481.53 Million CNY (≈ $70.46 Million USD) as of September 2024. 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. Explore 000622 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Hengli Industrial Development Group Co Ltd - Total Assets Trend (1993–2023)
This chart illustrates how Hengli Industrial Development Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See Hengli Industrial Development Group Co L (000622) shareholders funds for net asset value and shareholders' equity analysis.
Hengli Industrial Development Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Hengli Industrial Development Group Co Ltd's total assets of CN¥481.53 Million consist of 56.6% current assets and 43.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.3% |
| Accounts Receivable | CN¥167.26 Million | 42.2% |
| Inventory | CN¥14.00 Million | 3.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥11.30 Million | 2.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2023)
This chart illustrates how Hengli Industrial Development Group Co Ltd'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. For live market cap, price, and company overview, see 000622 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hengli Industrial Development Group Co Ltd's current assets represent 56.6% of total assets in 2023, a decrease from 69.9% in 1993.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2023, up from 3.7% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 42.2% of total assets.
Hengli Industrial Development Group Co Ltd Competitors by Total Assets
Key competitors of Hengli Industrial Development Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hankook Tire Co.
KO:161390
|
Korea | ₩27.97 Trillion |
|
Multistrada Arah Sarana Tbk
JK:MASA
|
Indonesia | Rp513.15 Million |
|
Versigent PLC
NYSE:VGNT
|
USA | $4.91 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
China | CN¥7.26 Billion |
|
Tianrun Crankshaft Co Ltd
SHE:002283
|
China | CN¥8.26 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.63 Billion |
|
Zhejiang Changhua Auto Parts Co Ltd
SHG:605018
|
China | CN¥3.40 Billion |
|
Rayhoo Motor Dies Co Ltd
SHE:002997
|
China | CN¥7.05 Billion |
Hengli Industrial Development Group Co Ltd - 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 | 1.20 | 2.11 | 4.26 |
| Quick Ratio | 1.01 | 2.01 | 4.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥48.83 Million | CN¥121.06 Million | CN¥227.13 Million |
Hengli Industrial Development Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hengli Industrial Development Group Co Ltd'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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 21.1% |
| Total Assets | CN¥395.94 Million |
| Market Capitalization | $9.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hengli Industrial Development Group Co Ltd's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hengli Industrial Development Group Co Ltd's assets grew by 21.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hengli Industrial Development Group Co Ltd (1993–2023)
The table below shows the annual total assets of Hengli Industrial Development Group Co Ltd from 1993 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥395.94 Million ≈ $57.94 Million |
+21.12% |
| 2022-12-31 | CN¥326.89 Million ≈ $47.83 Million |
-4.66% |
| 2021-12-31 | CN¥342.87 Million ≈ $50.17 Million |
-11.60% |
| 2020-12-31 | CN¥387.84 Million ≈ $56.75 Million |
+22.58% |
| 2019-12-31 | CN¥316.41 Million ≈ $46.30 Million |
-7.48% |
| 2018-12-31 | CN¥341.97 Million ≈ $50.04 Million |
-13.54% |
| 2017-12-31 | CN¥395.52 Million ≈ $57.88 Million |
-15.21% |
| 2016-12-31 | CN¥466.47 Million ≈ $68.26 Million |
+52.35% |
| 2015-12-31 | CN¥306.18 Million ≈ $44.80 Million |
-18.12% |
| 2014-12-31 | CN¥373.92 Million ≈ $54.72 Million |
-13.04% |
| 2013-12-31 | CN¥430.00 Million ≈ $62.92 Million |
-0.32% |
| 2012-12-31 | CN¥431.39 Million ≈ $63.13 Million |
+103.29% |
| 2011-12-31 | CN¥212.20 Million ≈ $31.05 Million |
-19.94% |
| 2010-12-31 | CN¥265.05 Million ≈ $38.79 Million |
+2.15% |
| 2009-12-31 | CN¥259.47 Million ≈ $37.97 Million |
-3.88% |
| 2008-12-31 | CN¥269.95 Million ≈ $39.50 Million |
-8.13% |
| 2007-12-31 | CN¥293.83 Million ≈ $43.00 Million |
-7.31% |
| 2006-12-31 | CN¥316.99 Million ≈ $46.39 Million |
-21.27% |
| 2005-12-31 | CN¥402.61 Million ≈ $58.91 Million |
-14.77% |
| 2004-12-31 | CN¥472.41 Million ≈ $69.13 Million |
-16.60% |
| 2003-12-31 | CN¥566.47 Million ≈ $82.89 Million |
+7.35% |
| 2002-12-31 | CN¥527.70 Million ≈ $77.22 Million |
+5.68% |
| 2001-12-31 | CN¥499.35 Million ≈ $73.07 Million |
-1.03% |
| 2000-12-31 | CN¥504.57 Million ≈ $73.83 Million |
+14.02% |
| 1999-12-31 | CN¥442.54 Million ≈ $64.76 Million |
+1.67% |
| 1998-12-31 | CN¥435.29 Million ≈ $63.70 Million |
+34.56% |
| 1997-12-31 | CN¥323.49 Million ≈ $47.34 Million |
+24.04% |
| 1996-12-31 | CN¥260.80 Million ≈ $38.16 Million |
+66.45% |
| 1995-12-31 | CN¥156.69 Million ≈ $22.93 Million |
-4.68% |
| 1994-12-31 | CN¥164.39 Million ≈ $24.06 Million |
+10.39% |
| 1993-12-31 | CN¥148.92 Million ≈ $21.79 Million |
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About Hengli Industrial Development Group Co Ltd
Hengli Industrial Development Group Co., Ltd. engages in the research and development, manufacture, and sale of automobile air conditioning equipment in China. The company offers air conditioning equipment for car, truck, engineering, and special vehicles; and air conditioning compressors and other products. It is also involved in real estate management and investment management activities. The c… Read more