HiVi Acoustics Technology Co Ltd
HiVi Acoustics Technology Co., Ltd engages in the research, development, and sale of electro-acoustic products in China and internationally. It offers Hi-Fi and speaker drivers, home theater speaker systems, active speakers, amplifiers, wifi speakers, headphones, car speakers and amplifiers, pro audio speakers, public address systems, and speaker enclosures, as well as solutions for digital sound… Read more
HiVi Acoustics Technology Co Ltd (002888) - Total Assets
Latest total assets as of September 2025: CN¥446.95 Million CNY
Based on the latest financial reports, HiVi Acoustics Technology Co Ltd (002888) holds total assets worth CN¥446.95 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.
HiVi Acoustics Technology Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how HiVi Acoustics Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HiVi Acoustics Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
HiVi Acoustics Technology Co Ltd's total assets of CN¥446.95 Million consist of 66.3% current assets and 33.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.5% |
| Accounts Receivable | CN¥5.85 Million | 1.2% |
| Inventory | CN¥83.60 Million | 17.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.15 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how HiVi Acoustics Technology 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: HiVi Acoustics Technology Co Ltd's current assets represent 66.3% of total assets in 2024, an increase from 48.2% in 2012.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2024, down from 11.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 17.7% of total assets.
HiVi Acoustics Technology Co Ltd Competitors by Total Assets
Key competitors of HiVi Acoustics Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
HiVi Acoustics Technology 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
Moderate asset utilization - HiVi Acoustics Technology Co Ltd generates 0.57x 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, HiVi Acoustics Technology Co Ltd generates $ 2.10 in net profit.
HiVi Acoustics Technology 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 | 4.55 | 4.62 | 5.78 |
| Quick Ratio | 2.93 | 3.30 | 4.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥227.11 Million | CN¥ 225.23 Million | CN¥ 313.12 Million |
HiVi Acoustics Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between HiVi Acoustics Technology 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 | 8.30 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | CN¥472.22 Million |
| Market Capitalization | $131.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values HiVi Acoustics Technology Co Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: HiVi Acoustics Technology Co Ltd's assets grew by 3.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HiVi Acoustics Technology Co Ltd (2012–2024)
The table below shows the annual total assets of HiVi Acoustics Technology Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥472.22 Million | +3.39% |
| 2023-12-31 | CN¥456.72 Million | -2.25% |
| 2022-12-31 | CN¥467.23 Million | -3.47% |
| 2021-12-31 | CN¥484.01 Million | -2.71% |
| 2020-12-31 | CN¥497.51 Million | +5.38% |
| 2019-12-31 | CN¥472.10 Million | -3.51% |
| 2018-12-31 | CN¥489.28 Million | +0.99% |
| 2017-12-31 | CN¥484.47 Million | +62.41% |
| 2016-12-31 | CN¥298.31 Million | +16.06% |
| 2015-12-31 | CN¥257.04 Million | +8.85% |
| 2014-12-31 | CN¥236.14 Million | +6.45% |
| 2013-12-31 | CN¥221.83 Million | +15.56% |
| 2012-12-31 | CN¥191.96 Million | -- |