Hefei Snowky Elec Co Ltd
Hefei Snowky Electric Co., Ltd. engages in the research and development, production, and sale of refrigerators and commercial display cabinets in China, Asia, Europe, the United States, Africa, and Oceania. Its products include double, four, and three doors, as well as French refrigerator products. The company was founded in 2011 and is based in Hefei, China.
Hefei Snowky Elec Co Ltd (001387) - Total Assets
Latest total assets as of September 2025: CN¥2.43 Billion CNY
Based on the latest financial reports, Hefei Snowky Elec Co Ltd (001387) holds total assets worth CN¥2.43 Billion CNY as of September 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.
Hefei Snowky Elec Co Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Hefei Snowky Elec Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hefei Snowky Elec Co Ltd - Asset Composition Analysis
Current Asset Composition (September 2024)
Hefei Snowky Elec Co Ltd's total assets of CN¥2.43 Billion consist of 71.2% current assets and 28.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 31.5% |
| Accounts Receivable | CN¥492.99 Million | 24.7% |
| Inventory | CN¥170.07 Million | 8.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥31.37 Million | 1.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hefei Snowky Elec 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: Hefei Snowky Elec Co Ltd's current assets represent 71.2% of total assets in 2024, an increase from 70.0% in 2019.
- Cash Position: Cash and equivalents constituted 31.5% of total assets in 2024, up from 8.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 24.7% of total assets.
Hefei Snowky Elec Co Ltd Competitors by Total Assets
Key competitors of Hefei Snowky Elec Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Elec-Tech International Co Ltd
SHE:002005
|
China | CN¥1.21 Billion |
Hefei Snowky Elec 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
Strong asset utilization - Hefei Snowky Elec Co Ltd generates 0.97x 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, Hefei Snowky Elec Co Ltd generates $5.11 in net profit.
Hefei Snowky Elec 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 | 1.67 | 1.88 | 1.11 |
| Quick Ratio | 1.48 | 1.61 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥729.71 Million | CN¥ 636.22 Million | CN¥ 99.60 Million |
Hefei Snowky Elec Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hefei Snowky Elec 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 | 2.15 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 17.5% |
| Total Assets | CN¥2.00 Billion |
| Market Capitalization | $137.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hefei Snowky Elec Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hefei Snowky Elec Co Ltd's assets grew by 17.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hefei Snowky Elec Co Ltd (2019–2024)
The table below shows the annual total assets of Hefei Snowky Elec Co Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | CN¥2.00 Billion | +17.48% |
| 2023-09-30 | CN¥1.70 Billion | +9.29% |
| 2022-09-30 | CN¥1.56 Billion | +14.87% |
| 2021-09-30 | CN¥1.35 Billion | +16.15% |
| 2020-09-30 | CN¥1.17 Billion | -4.65% |
| 2019-09-30 | CN¥1.22 Billion | -- |