HiVi Acoustics Technology Co Ltd (002888) - Total Assets
Based on the latest financial reports, HiVi Acoustics Technology Co Ltd (002888) holds total assets worth CN¥446.95 Million CNY (≈ $65.40 Million 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. Check total reinvestment intensity of HiVi Acoustics Technology Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
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. Check HiVi Acoustics Technology Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see HiVi Acoustics Technology Co Ltd (002888) total market value.
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 |
|---|---|---|
|
Goertek Inc
SHE:002241
|
China | CN¥92.61 Billion |
|
Primax Electronics Ltd
TW:4915
|
Taiwan | NT$51.22 Billion |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
China | CN¥1.01 Billion |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$8.09 Million |
|
Dantax
CO:DANT
|
Denmark | Dkr40.20 Million |
|
Archos
PA:ALJXR
|
France | €41.70 Million |
|
CABASSE S.A. EO -50
F:LB0
|
Germany | €8.62 Million |
|
VEOM Group S.A.
PA:ALVG
|
France | €22.25 Million |
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 | 1.00 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | CN¥472.22 Million |
| Market Capitalization | $470.77 Million USD |
Valuation Analysis
Near Book Valuation: The market values HiVi Acoustics Technology Co Ltd's assets close to their book value (1.00x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $69.10 Million |
+3.39% |
| 2023-12-31 | CN¥456.72 Million ≈ $66.83 Million |
-2.25% |
| 2022-12-31 | CN¥467.23 Million ≈ $68.37 Million |
-3.47% |
| 2021-12-31 | CN¥484.01 Million ≈ $70.83 Million |
-2.71% |
| 2020-12-31 | CN¥497.51 Million ≈ $72.80 Million |
+5.38% |
| 2019-12-31 | CN¥472.10 Million ≈ $69.08 Million |
-3.51% |
| 2018-12-31 | CN¥489.28 Million ≈ $71.60 Million |
+0.99% |
| 2017-12-31 | CN¥484.47 Million ≈ $70.89 Million |
+62.41% |
| 2016-12-31 | CN¥298.31 Million ≈ $43.65 Million |
+16.06% |
| 2015-12-31 | CN¥257.04 Million ≈ $37.61 Million |
+8.85% |
| 2014-12-31 | CN¥236.14 Million ≈ $34.55 Million |
+6.45% |
| 2013-12-31 | CN¥221.83 Million ≈ $32.46 Million |
+15.56% |
| 2012-12-31 | CN¥191.96 Million ≈ $28.09 Million |
-- |
About 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