Sichuan Haite High-tech Co Ltd
Sichuan Haite High-tech Co.,Ltd provides aircraft airborne equipment maintenance services in China. It is also involved in aviation technology research and development, aviation product manufacturing, aviation training, aviation material maintenance, microelectronics, gas turbine engineering, and leasing activities. Sichuan Haite High-tech Co.,Ltd was founded in 1991 is based in Chengdu, China.
Sichuan Haite High-tech Co Ltd (002023) - Total Assets
Latest total assets as of September 2025: CN¥6.80 Billion CNY
Based on the latest financial reports, Sichuan Haite High-tech Co Ltd (002023) holds total assets worth CN¥6.80 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.
Sichuan Haite High-tech Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Sichuan Haite High-tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sichuan Haite High-tech Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sichuan Haite High-tech Co Ltd's total assets of CN¥6.80 Billion consist of 27.2% current assets and 72.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.5% |
| Accounts Receivable | CN¥756.88 Million | 10.7% |
| Inventory | CN¥478.76 Million | 6.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥254.58 Million | 3.6% |
| Goodwill | CN¥24.56 Million | 0.4% |
Asset Composition Trend (2001–2024)
This chart illustrates how Sichuan Haite High-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: Sichuan Haite High-tech Co Ltd's current assets represent 27.2% of total assets in 2024, a decrease from 50.1% in 2001.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2024, down from 8.9% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 10.7% of total assets.
Sichuan Haite High-tech Co Ltd Competitors by Total Assets
Key competitors of Sichuan Haite High-tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PM&E Inc
PINK:PMEA
|
USA | $1.40 Million |
|
Wuhan Xingtu Xinke Electronics Co Ltd
SHG:688081
|
China | CN¥554.42 Million |
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
Sichuan Haite High-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
Lower asset utilization - Sichuan Haite High-tech Co Ltd generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Sichuan Haite High-tech Co Ltd generates $ 1.00 in net profit.
Sichuan Haite High-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 | 1.54 | 1.33 | 2.12 |
| Quick Ratio | 1.14 | 0.96 | 1.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥813.22 Million | CN¥ 476.99 Million | CN¥ 1.14 Billion |
Sichuan Haite High-tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between Sichuan Haite High-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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | CN¥7.09 Billion |
| Market Capitalization | $873.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sichuan Haite High-tech Co Ltd's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Sichuan Haite High-tech Co Ltd's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sichuan Haite High-tech Co Ltd (2001–2024)
The table below shows the annual total assets of Sichuan Haite High-tech Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.09 Billion | -3.89% |
| 2023-12-31 | CN¥7.38 Billion | +4.83% |
| 2022-12-31 | CN¥7.04 Billion | +4.76% |
| 2021-12-31 | CN¥6.72 Billion | -7.96% |
| 2020-12-31 | CN¥7.30 Billion | +3.22% |
| 2019-12-31 | CN¥7.07 Billion | +14.19% |
| 2018-12-31 | CN¥6.19 Billion | -0.85% |
| 2017-12-31 | CN¥6.25 Billion | +5.41% |
| 2016-12-31 | CN¥5.93 Billion | +30.49% |
| 2015-12-31 | CN¥4.54 Billion | +53.82% |
| 2014-12-31 | CN¥2.95 Billion | +25.14% |
| 2013-12-31 | CN¥2.36 Billion | +38.37% |
| 2012-12-31 | CN¥1.70 Billion | +21.14% |
| 2011-12-31 | CN¥1.41 Billion | +15.57% |
| 2010-12-31 | CN¥1.22 Billion | +41.90% |
| 2009-12-31 | CN¥858.17 Million | +16.58% |
| 2008-12-31 | CN¥736.11 Million | +28.05% |
| 2007-12-31 | CN¥574.87 Million | +4.73% |
| 2006-12-31 | CN¥548.91 Million | +0.05% |
| 2005-12-31 | CN¥548.65 Million | +8.38% |
| 2004-12-31 | CN¥506.22 Million | +73.47% |
| 2003-12-31 | CN¥291.81 Million | +25.30% |
| 2002-12-31 | CN¥232.89 Million | +59.98% |
| 2001-12-31 | CN¥145.58 Million | -- |