Hes Technology Group
Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products primarily in China. The company offers smart light poles that are applied to various scenarios, including smart communities, smart security, and smart parking; and smart city and town, digital village, smart parking and security, and smart sanitation solutions. It also… Read more
Hes Technology Group (002963) - Total Assets
Latest total assets as of September 2025: CN¥1.73 Billion CNY
Based on the latest financial reports, Hes Technology Group (002963) holds total assets worth CN¥1.73 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.
Hes Technology Group - Total Assets Trend (2015–2024)
This chart illustrates how Hes Technology Group’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hes Technology Group - Asset Composition Analysis
Current Asset Composition (December 2024)
Hes Technology Group's total assets of CN¥1.73 Billion consist of 79.2% current assets and 20.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.2% |
| Accounts Receivable | CN¥821.82 Million | 45.1% |
| Inventory | CN¥20.81 Million | 1.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥875.74K | 0.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Hes Technology Group'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: Hes Technology Group's current assets represent 79.2% of total assets in 2024, a decrease from 90.1% in 2015.
- Cash Position: Cash and equivalents constituted 20.2% of total assets in 2024, up from 12.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 45.1% of total assets.
Hes Technology Group Competitors by Total Assets
Key competitors of Hes Technology Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Hes Technology Group - 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
Lower asset utilization - Hes Technology Group generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hes Technology Group is currently not profitable relative to its asset base.
Hes Technology Group - 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 | 3.24 | 3.77 | 4.36 |
| Quick Ratio | 3.18 | 3.70 | 4.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥920.06 Million | CN¥ 1.07 Billion | CN¥ 1.57 Billion |
Hes Technology Group - Advanced Valuation Insights
This section examines the relationship between Hes Technology Group'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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -11.1% |
| Total Assets | CN¥1.82 Billion |
| Market Capitalization | $143.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hes Technology Group's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hes Technology Group's assets decreased by 11.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hes Technology Group (2015–2024)
The table below shows the annual total assets of Hes Technology Group from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.82 Billion | -11.08% |
| 2023-12-31 | CN¥2.05 Billion | -3.11% |
| 2022-12-31 | CN¥2.12 Billion | -8.42% |
| 2021-12-31 | CN¥2.31 Billion | +8.21% |
| 2020-12-31 | CN¥2.14 Billion | -6.62% |
| 2019-12-31 | CN¥2.29 Billion | +119.35% |
| 2018-12-31 | CN¥1.04 Billion | +54.06% |
| 2017-12-31 | CN¥676.76 Million | +71.61% |
| 2016-12-31 | CN¥394.35 Million | +55.72% |
| 2015-12-31 | CN¥253.24 Million | -- |