Guangdong Homa Appliances Co Ltd (002668) - Total Assets
Based on the latest financial reports, Guangdong Homa Appliances Co Ltd (002668) holds total assets worth CN¥15.64 Billion CNY (≈ $2.29 Billion USD) 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. See 002668 net asset value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Guangdong Homa Appliances Co Ltd (002668) market capitalisation.
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 |
|---|---|---|
|
Jason Furniture(Hangzhou)
SHG:603816
|
China | CN¥17.66 Billion |
|
Opple Lighting Co Ltd
SHG:603515
|
China | CN¥9.27 Billion |
|
Cello World Limited
NSE:CELLO
|
India | Rs28.07 Billion |
|
Huali Industries
SHG:603038
|
China | CN¥2.86 Billion |
|
EPACK Durable Limited
NSE:EPACK
|
India | Rs20.16 Billion |
|
Decora SA
WAR:DCR
|
Poland | zł541.10 Million |
|
Zinus Inc
KO:013890
|
Korea | ₩1.12 Trillion |
|
Domec Compania de Artefactos Domesticos SAIC y F
BA:DOME
|
Argentina | AR$8.98 Billion |
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 | 0.10 |
| Asset Growth Rate (YoY) | 18.5% |
| Total Assets | CN¥14.89 Billion |
| Market Capitalization | $1.52 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Homa Appliances Co Ltd's assets below their book value (0.10x), 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 ≈ $2.18 Billion |
+18.45% |
| 2023-12-31 | CN¥12.57 Billion ≈ $1.84 Billion |
+90.74% |
| 2022-12-31 | CN¥6.59 Billion ≈ $964.53 Million |
-7.66% |
| 2021-12-31 | CN¥7.14 Billion ≈ $1.04 Billion |
-19.18% |
| 2020-12-31 | CN¥8.83 Billion ≈ $1.29 Billion |
+0.64% |
| 2019-12-31 | CN¥8.78 Billion ≈ $1.28 Billion |
-8.12% |
| 2018-12-31 | CN¥9.55 Billion ≈ $1.40 Billion |
-8.29% |
| 2017-12-31 | CN¥10.41 Billion ≈ $1.52 Billion |
+95.22% |
| 2016-12-31 | CN¥5.33 Billion ≈ $780.63 Million |
+23.13% |
| 2015-12-31 | CN¥4.33 Billion ≈ $633.99 Million |
+34.77% |
| 2014-12-31 | CN¥3.21 Billion ≈ $470.42 Million |
+12.37% |
| 2013-12-31 | CN¥2.86 Billion ≈ $418.63 Million |
+23.17% |
| 2012-12-31 | CN¥2.32 Billion ≈ $339.87 Million |
+21.42% |
| 2011-12-31 | CN¥1.91 Billion ≈ $279.92 Million |
+40.55% |
| 2010-12-31 | CN¥1.36 Billion ≈ $199.16 Million |
+26.46% |
| 2009-12-31 | CN¥1.08 Billion ≈ $157.48 Million |
+16.69% |
| 2008-12-31 | CN¥922.31 Million ≈ $134.96 Million |
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About 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