Gohigh Data Networks Technology Co Ltd (000851) - Total Assets
Based on the latest financial reports, Gohigh Data Networks Technology Co Ltd (000851) holds total assets worth CN¥4.48 Billion CNY (≈ $656.30 Million 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. Check Gohigh Data Networks Technology Co Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Gohigh Data Networks Technology Co Ltd - Total Assets Trend (1995–2024)
This chart illustrates how Gohigh Data Networks Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Gohigh Data Networks Technology Co Ltd to see how much of total assets are deployed in long-term investments.
Gohigh Data Networks Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Gohigh Data Networks Technology Co Ltd's total assets of CN¥4.48 Billion consist of 55.7% current assets and 44.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.1% |
| Accounts Receivable | CN¥1.30 Billion | 27.9% |
| Inventory | CN¥498.22 Million | 10.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥304.30 Million | 6.5% |
| Goodwill | CN¥184.04 Million | 3.9% |
Asset Composition Trend (1995–2024)
This chart illustrates how Gohigh Data Networks Technology 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 Gohigh Data Networks Technology Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gohigh Data Networks Technology Co Ltd's current assets represent 55.7% of total assets in 2024, a decrease from 58.8% in 1995.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, up from 2.3% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 27.9% of total assets.
Gohigh Data Networks Technology Co Ltd Competitors by Total Assets
Key competitors of Gohigh Data Networks Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ZTE Corp
SHE:000063
|
China | CN¥225.72 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
China | CN¥10.06 Billion |
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544
|
China | CN¥9.38 Billion |
|
Wingtech Technology Co Ltd
SHG:600745
|
China | CN¥40.94 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
China | CN¥3.01 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Zhejiang Shengyang Science
SHG:603703
|
China | CN¥2.15 Billion |
|
AVIT Ltd
SHE:300264
|
China | CN¥208.96 Million |
Gohigh Data Networks Technology 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 | 0.84 | 1.43 | 1.40 |
| Quick Ratio | 0.68 | 1.25 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-470.42 Million | CN¥1.17 Billion | CN¥2.22 Billion |
Gohigh Data Networks Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Gohigh Data Networks Technology 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 | 2.91 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -43.7% |
| Total Assets | CN¥4.68 Billion |
| Market Capitalization | $64.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gohigh Data Networks Technology Co Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Gohigh Data Networks Technology Co Ltd's assets decreased by 43.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Gohigh Data Networks Technology Co Ltd (1995–2024)
The table below shows the annual total assets of Gohigh Data Networks Technology Co Ltd from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.68 Billion ≈ $684.10 Million |
-43.68% |
| 2023-12-31 | CN¥8.30 Billion ≈ $1.21 Billion |
-20.12% |
| 2022-12-31 | CN¥10.39 Billion ≈ $1.52 Billion |
+5.93% |
| 2021-12-31 | CN¥9.81 Billion ≈ $1.44 Billion |
-1.89% |
| 2020-12-31 | CN¥10.00 Billion ≈ $1.46 Billion |
+7.16% |
| 2019-12-31 | CN¥9.33 Billion ≈ $1.37 Billion |
+6.76% |
| 2018-12-31 | CN¥8.74 Billion ≈ $1.28 Billion |
+7.00% |
| 2017-12-31 | CN¥8.17 Billion ≈ $1.20 Billion |
+5.29% |
| 2016-12-31 | CN¥7.76 Billion ≈ $1.14 Billion |
+19.57% |
| 2015-12-31 | CN¥6.49 Billion ≈ $949.37 Million |
+5.03% |
| 2014-12-31 | CN¥6.18 Billion ≈ $903.86 Million |
+12.16% |
| 2013-12-31 | CN¥5.51 Billion ≈ $805.90 Million |
+53.39% |
| 2012-12-31 | CN¥3.59 Billion ≈ $525.40 Million |
+50.29% |
| 2011-12-31 | CN¥2.39 Billion ≈ $349.59 Million |
+1.69% |
| 2010-12-31 | CN¥2.35 Billion ≈ $343.77 Million |
+26.12% |
| 2009-12-31 | CN¥1.86 Billion ≈ $272.58 Million |
+63.47% |
| 2008-12-31 | CN¥1.14 Billion ≈ $166.74 Million |
+15.56% |
| 2007-12-31 | CN¥986.02 Million ≈ $144.29 Million |
+23.61% |
| 2006-12-31 | CN¥797.67 Million ≈ $116.72 Million |
+23.64% |
| 2005-12-31 | CN¥645.16 Million ≈ $94.41 Million |
+22.50% |
| 2004-12-31 | CN¥526.68 Million ≈ $77.07 Million |
+47.36% |
| 2003-12-31 | CN¥357.40 Million ≈ $52.30 Million |
+23.87% |
| 2002-12-31 | CN¥288.52 Million ≈ $42.22 Million |
-40.30% |
| 2001-12-31 | CN¥483.28 Million ≈ $70.72 Million |
-10.06% |
| 2000-12-31 | CN¥537.36 Million ≈ $78.63 Million |
-5.32% |
| 1999-12-31 | CN¥567.57 Million ≈ $83.05 Million |
-1.81% |
| 1998-12-31 | CN¥578.01 Million ≈ $84.58 Million |
+18.07% |
| 1997-12-31 | CN¥489.54 Million ≈ $71.64 Million |
+41.48% |
| 1996-12-31 | CN¥346.01 Million ≈ $50.63 Million |
+7.15% |
| 1995-12-31 | CN¥322.92 Million ≈ $47.25 Million |
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About Gohigh Data Networks Technology Co Ltd
Gohigh Networks Co.,Ltd. engages in digital intelligence application, information service, and IT sales business in China. The company offers industrial internet, internet of vehicles chip, and cloud computing services, as well as IDC and digital marketing services. It also offers mobile Internet services and BPO services. The company was formerly known as Gohigh Data Networks Technology Co., Ltd… Read more