Huagong Tech Co Ltd Total Assets
Huagong Tech Co Ltd total assets. Based on the latest financial reports, Huagong Tech Co Ltd (000988) holds total assets worth CN¥21.08 Billion CNY (≈ $3.08 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. Also see 000988 cash generation efficiency for how efficiently the company converts equity into cash flow.
Total Assets of Huagong Tech Co Ltd (1997–2024)
Total assets of Huagong Tech Co Ltd from 1997 to 2024. This chart illustrates how Huagong Tech Co Ltd's total assets have evolved over time, based on quarterly financial data. See today's stock price for Huagong Tech Co Ltd for real-time trading data and today's change.
Huagong Tech Co Ltd - Asset Composition Analysis
Huagong Tech Co Ltd Total Assets Breakdown (December 2024)
Huagong Tech Co Ltd total assets breakdown as of 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. Explore Huagong Tech Co Ltd current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
| 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 |
|---|---|---|
|
Hayward Holdings Inc
NYSE:HAYW
|
USA | $3.14 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
China | CN¥25.88 Billion |
|
Tongling Jingd
SHG:600577
|
China | CN¥16.78 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Wuxi Xinhongye Wire & Cable Co. Ltd. A
SHE:301310
|
China | CN¥5.83 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
Korea | ₩1.34 Trillion |
|
Guangzhou Haoyang Electronic Co Ltd
SHE:300833
|
China | CN¥2.74 Billion |
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 | 0.44 |
| Asset Growth Rate (YoY) | 19.6% |
| Total Assets | CN¥20.82 Billion |
| Market Capitalization | $9.14 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Huagong Tech Co Ltd's assets below their book value (0.44x), 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 ≈ $3.05 Billion |
+19.63% |
| 2023-12-31 | CN¥17.41 Billion ≈ $2.55 Billion |
+3.66% |
| 2022-12-31 | CN¥16.79 Billion ≈ $2.46 Billion |
+20.95% |
| 2021-12-31 | CN¥13.88 Billion ≈ $2.03 Billion |
+25.35% |
| 2020-12-31 | CN¥11.08 Billion ≈ $1.62 Billion |
+15.24% |
| 2019-12-31 | CN¥9.61 Billion ≈ $1.41 Billion |
+9.58% |
| 2018-12-31 | CN¥8.77 Billion ≈ $1.28 Billion |
+2.25% |
| 2017-12-31 | CN¥8.58 Billion ≈ $1.26 Billion |
+53.53% |
| 2016-12-31 | CN¥5.59 Billion ≈ $817.56 Million |
+11.62% |
| 2015-12-31 | CN¥5.01 Billion ≈ $732.43 Million |
+6.70% |
| 2014-12-31 | CN¥4.69 Billion ≈ $686.43 Million |
+12.41% |
| 2013-12-31 | CN¥4.17 Billion ≈ $610.64 Million |
+5.14% |
| 2012-12-31 | CN¥3.97 Billion ≈ $580.80 Million |
+8.30% |
| 2011-12-31 | CN¥3.66 Billion ≈ $536.26 Million |
+9.87% |
| 2010-12-31 | CN¥3.34 Billion ≈ $488.07 Million |
+11.68% |
| 2009-12-31 | CN¥2.99 Billion ≈ $437.01 Million |
+24.34% |
| 2008-12-31 | CN¥2.40 Billion ≈ $351.48 Million |
+2.07% |
| 2007-12-31 | CN¥2.35 Billion ≈ $344.35 Million |
+50.41% |
| 2006-12-31 | CN¥1.56 Billion ≈ $228.95 Million |
+13.22% |
| 2005-12-31 | CN¥1.38 Billion ≈ $202.20 Million |
+7.47% |
| 2004-12-31 | CN¥1.29 Billion ≈ $188.15 Million |
+10.15% |
| 2003-12-31 | CN¥1.17 Billion ≈ $170.81 Million |
+10.51% |
| 2002-12-31 | CN¥1.06 Billion ≈ $154.56 Million |
+28.58% |
| 2001-12-31 | CN¥821.47 Million ≈ $120.21 Million |
+3.60% |
| 2000-12-31 | CN¥792.93 Million ≈ $116.03 Million |
+328.60% |
| 1999-12-31 | CN¥185.01 Million ≈ $27.07 Million |
+36.90% |
| 1998-12-31 | CN¥135.15 Million ≈ $19.78 Million |
+13.78% |
| 1997-12-31 | CN¥118.78 Million ≈ $17.38 Million |
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About 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