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¥16.05 Billion CNY (≈ $2.35 Billion USD) as of March 2026. 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. Check 002668 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Guangdong Homa Appliances Co Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Guangdong Homa Appliances Co Ltd's total assets have evolved over time, based on quarterly financial data. Check Guangdong Homa Appliances Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Guangdong Homa Appliances Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Guangdong Homa Appliances Co Ltd's total assets of CN¥16.05 Billion consist of 76.6% current assets and 23.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.0% |
| Accounts Receivable | CN¥4.33 Billion | 27.7% |
| Inventory | CN¥1.55 Billion | 9.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥260.36 Million | 1.7% |
| Goodwill | CN¥6.19 Million | 0.0% |
Asset Composition Trend (2008–2025)
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 76.6% of total assets in 2025, a decrease from 86.6% in 2008.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2025, 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 27.7% 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 |
|---|---|---|
|
Vohringer Home Technology Co Ltd
SHG:603226
|
China | CN¥1.23 Billion |
|
SEB SA
PA:SK
|
France | €9.51 Billion |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
China | CN¥4.18 Billion |
|
Opple Lighting Co Ltd
SHG:603515
|
China | CN¥9.27 Billion |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
China | CN¥2.90 Billion |
|
Suofeiya Home Collection Co Ltd
SHE:002572
|
China | CN¥13.22 Billion |
|
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
|
China | CN¥3.54 Billion |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
China | CN¥8.41 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 | 1.20 | 1.10 | 1.14 |
| Quick Ratio | 1.07 | 0.96 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.07 Billion | CN¥1.11 Billion | CN¥796.78 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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 5.0% |
| Total Assets | CN¥15.64 Billion |
| Market Capitalization | $1.57 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.
Positive Asset Growth: Guangdong Homa Appliances Co Ltd's assets grew by 5.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Guangdong Homa Appliances Co Ltd (2008–2025)
The table below shows the annual total assets of Guangdong Homa Appliances Co Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥15.64 Billion ≈ $2.29 Billion |
+5.01% |
| 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. engages in the research, development, manufacture, and sales of household refrigerators, freezers, and washing machines in China and internationally. The company also exports its products. The company was formerly known as Guangdong Homa Group Co., Ltd. and changed its name to Guangdong TCL Smart Home Appliances Co., Ltd. in May 2024. The company was … Read more