Shenzhen Hifuture Electric
Chongqing Hifuture Information Technology Co., Ltd. engages in the electrical distribution network equipment and insulation technology businesses in China and internationally. The company focuses on the design, manufacture, and provision of electrical equipment, including high-precision smart meters and data acquisition systems; high and low voltage switchgear; customized equipment; smart energy-… Read more
Shenzhen Hifuture Electric (002168) - Total Assets
Latest total assets as of September 2025: CN¥926.70 Million CNY
Based on the latest financial reports, Shenzhen Hifuture Electric (002168) holds total assets worth CN¥926.70 Million 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.
Shenzhen Hifuture Electric - Total Assets Trend (2004–2024)
This chart illustrates how Shenzhen Hifuture Electric’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shenzhen Hifuture Electric - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Hifuture Electric's total assets of CN¥926.70 Million consist of 43.6% current assets and 56.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.9% |
| Accounts Receivable | CN¥184.58 Million | 23.3% |
| Inventory | CN¥83.58 Million | 10.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥43.88 Million | 5.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Shenzhen Hifuture Electric'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: Shenzhen Hifuture Electric's current assets represent 43.6% of total assets in 2024, a decrease from 77.5% in 2004.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, down from 14.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 8.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 23.3% of total assets.
Shenzhen Hifuture Electric Competitors by Total Assets
Key competitors of Shenzhen Hifuture Electric based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 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 Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Shenzhen Hifuture Electric - 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 - Shenzhen Hifuture Electric generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shenzhen Hifuture Electric is currently not profitable relative to its asset base.
Shenzhen Hifuture Electric - 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 | 0.68 | 0.46 | 1.42 |
| Quick Ratio | 0.54 | 0.35 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-238.39 Million | CN¥ -406.01 Million | CN¥ 244.82 Million |
Shenzhen Hifuture Electric - Advanced Valuation Insights
This section examines the relationship between Shenzhen Hifuture Electric'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 | 141.17 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -16.2% |
| Total Assets | CN¥791.22 Million |
| Market Capitalization | $363.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Hifuture Electric's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shenzhen Hifuture Electric's assets decreased by 16.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shenzhen Hifuture Electric (2004–2024)
The table below shows the annual total assets of Shenzhen Hifuture Electric from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥791.22 Million | -16.18% |
| 2023-12-31 | CN¥943.98 Million | +16.75% |
| 2022-12-31 | CN¥808.57 Million | -15.40% |
| 2021-12-31 | CN¥955.71 Million | -35.22% |
| 2020-12-31 | CN¥1.48 Billion | -36.84% |
| 2019-12-31 | CN¥2.34 Billion | -36.66% |
| 2018-12-31 | CN¥3.69 Billion | +14.04% |
| 2017-12-31 | CN¥3.23 Billion | +58.35% |
| 2016-12-31 | CN¥2.04 Billion | +42.66% |
| 2015-12-31 | CN¥1.43 Billion | -9.87% |
| 2014-12-31 | CN¥1.59 Billion | +9.99% |
| 2013-12-31 | CN¥1.44 Billion | +3.35% |
| 2012-12-31 | CN¥1.40 Billion | +0.96% |
| 2011-12-31 | CN¥1.38 Billion | +1.75% |
| 2010-12-31 | CN¥1.36 Billion | +65.02% |
| 2009-12-31 | CN¥824.33 Million | +33.01% |
| 2008-12-31 | CN¥619.73 Million | +23.02% |
| 2007-12-31 | CN¥503.78 Million | +82.55% |
| 2006-12-31 | CN¥275.96 Million | +45.28% |
| 2005-12-31 | CN¥189.96 Million | +29.68% |
| 2004-12-31 | CN¥146.49 Million | -- |