Huagong Tech Co Ltd
Huagong Tech Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Divi… Read more
Huagong Tech Co Ltd (000988) - Total Assets
Latest total assets as of June 2025: CN¥21.08 Billion CNY
Based on the latest financial reports, Huagong Tech Co Ltd (000988) holds total assets worth CN¥21.08 Billion CNY 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.
Huagong Tech Co Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Huagong Tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Huagong Tech Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Huagong Tech Co Ltd's total assets of CN¥21.08 Billion consist of 73.0% current assets and 27.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.6% |
| Accounts Receivable | CN¥4.93 Billion | 23.7% |
| Inventory | CN¥2.62 Billion | 12.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥497.28 Million | 2.4% |
| Goodwill | CN¥496.01K | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Huagong Tech 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Huagong Tech Co Ltd's current assets represent 73.0% of total assets in 2024, an increase from 56.8% in 1997.
- Cash Position: Cash and equivalents constituted 21.6% of total assets in 2024, down from 23.6% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 20.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 23.7% of total assets.
Huagong Tech Co Ltd Competitors by Total Assets
Key competitors of Huagong Tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
355690
KQ:355690
|
Korea | ₩40.32 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
|
Kumho Electric
KO:001210
|
Korea | ₩30.00 Billion |
|
Shijiazhuang Shangtai Technology Co. Ltd. A
SHE:001301
|
China | CN¥11.02 Billion |
Huagong Tech Co Ltd - 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
Moderate asset utilization - Huagong Tech Co Ltd generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Huagong Tech Co Ltd generates $5.86 in net profit.
Huagong Tech 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 | 1.59 | 2.08 | 2.14 |
| Quick Ratio | 1.24 | 1.64 | 1.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.27 Billion | CN¥ 7.06 Billion | CN¥ 4.34 Billion |
Huagong Tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between Huagong Tech 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 | 6.26 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | 19.6% |
| Total Assets | CN¥20.82 Billion |
| Market Capitalization | $9.70 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Huagong Tech Co Ltd's assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Huagong Tech Co Ltd's assets grew by 19.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Huagong Tech Co Ltd (1997–2024)
The table below shows the annual total assets of Huagong Tech Co Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.82 Billion | +19.63% |
| 2023-12-31 | CN¥17.41 Billion | +3.66% |
| 2022-12-31 | CN¥16.79 Billion | +20.95% |
| 2021-12-31 | CN¥13.88 Billion | +25.35% |
| 2020-12-31 | CN¥11.08 Billion | +15.24% |
| 2019-12-31 | CN¥9.61 Billion | +9.58% |
| 2018-12-31 | CN¥8.77 Billion | +2.25% |
| 2017-12-31 | CN¥8.58 Billion | +53.53% |
| 2016-12-31 | CN¥5.59 Billion | +11.62% |
| 2015-12-31 | CN¥5.01 Billion | +6.70% |
| 2014-12-31 | CN¥4.69 Billion | +12.41% |
| 2013-12-31 | CN¥4.17 Billion | +5.14% |
| 2012-12-31 | CN¥3.97 Billion | +8.30% |
| 2011-12-31 | CN¥3.66 Billion | +9.87% |
| 2010-12-31 | CN¥3.34 Billion | +11.68% |
| 2009-12-31 | CN¥2.99 Billion | +24.34% |
| 2008-12-31 | CN¥2.40 Billion | +2.07% |
| 2007-12-31 | CN¥2.35 Billion | +50.41% |
| 2006-12-31 | CN¥1.56 Billion | +13.22% |
| 2005-12-31 | CN¥1.38 Billion | +7.47% |
| 2004-12-31 | CN¥1.29 Billion | +10.15% |
| 2003-12-31 | CN¥1.17 Billion | +10.51% |
| 2002-12-31 | CN¥1.06 Billion | +28.58% |
| 2001-12-31 | CN¥821.47 Million | +3.60% |
| 2000-12-31 | CN¥792.93 Million | +328.60% |
| 1999-12-31 | CN¥185.01 Million | +36.90% |
| 1998-12-31 | CN¥135.15 Million | +13.78% |
| 1997-12-31 | CN¥118.78 Million | -- |