Guangdong Homa Appliances Co Ltd
Guangdong TCL Smart Home Appliances Co., Ltd. operates as a home appliance company in China and internationally. The company engages in the research, development, manufacture, and sales of household refrigerators, freezers, and washing machines. It also owns two core production and operation companies, Hefei Home Appliances and OMA Refrigerator. It exports its products. The company was formerly k… Read more
Guangdong Homa Appliances Co Ltd (002668) - Total Assets
Latest total assets as of September 2025: CN¥15.64 Billion CNY
Based on the latest financial reports, Guangdong Homa Appliances Co Ltd (002668) holds total assets worth CN¥15.64 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.
Guangdong Homa Appliances Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Guangdong Homa Appliances Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Guangdong Homa Appliances Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Homa Appliances Co Ltd's total assets of CN¥15.64 Billion consist of 77.3% current assets and 22.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.8% |
| Accounts Receivable | CN¥4.65 Billion | 31.2% |
| Inventory | CN¥1.77 Billion | 11.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥265.82 Million | 1.8% |
| Goodwill | CN¥6.19 Million | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Guangdong Homa Appliances 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: Guangdong Homa Appliances Co Ltd's current assets represent 77.3% of total assets in 2024, a decrease from 86.6% in 2008.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, down from 28.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 31.2% of total assets.
Guangdong Homa Appliances Co Ltd Competitors by Total Assets
Key competitors of Guangdong Homa Appliances Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
China | CN¥1.47 Billion |
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Changhong Meiling Co Ltd
SHE:000521
|
China | CN¥24.06 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 |
Guangdong Homa Appliances 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 - Guangdong Homa Appliances Co Ltd generates 1.23x 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, Guangdong Homa Appliances Co Ltd generates $6.84 in net profit.
Guangdong Homa Appliances 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 | 1.19 | 1.08 | 1.13 |
| Quick Ratio | 1.06 | 0.95 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.92 Billion | CN¥ 888.23 Million | CN¥ 867.10 Million |
Guangdong Homa Appliances Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangdong Homa Appliances 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 | 3.20 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 18.5% |
| Total Assets | CN¥14.89 Billion |
| Market Capitalization | $598.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Homa Appliances Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Guangdong Homa Appliances Co Ltd's assets grew by 18.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Guangdong Homa Appliances Co Ltd (2008–2024)
The table below shows the annual total assets of Guangdong Homa Appliances Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥14.89 Billion | +18.45% |
| 2023-12-31 | CN¥12.57 Billion | +90.74% |
| 2022-12-31 | CN¥6.59 Billion | -7.66% |
| 2021-12-31 | CN¥7.14 Billion | -19.18% |
| 2020-12-31 | CN¥8.83 Billion | +0.64% |
| 2019-12-31 | CN¥8.78 Billion | -8.12% |
| 2018-12-31 | CN¥9.55 Billion | -8.29% |
| 2017-12-31 | CN¥10.41 Billion | +95.22% |
| 2016-12-31 | CN¥5.33 Billion | +23.13% |
| 2015-12-31 | CN¥4.33 Billion | +34.77% |
| 2014-12-31 | CN¥3.21 Billion | +12.37% |
| 2013-12-31 | CN¥2.86 Billion | +23.17% |
| 2012-12-31 | CN¥2.32 Billion | +21.42% |
| 2011-12-31 | CN¥1.91 Billion | +40.55% |
| 2010-12-31 | CN¥1.36 Billion | +26.46% |
| 2009-12-31 | CN¥1.08 Billion | +16.69% |
| 2008-12-31 | CN¥922.31 Million | -- |