Hes Technology Group (002963) - Total Assets
Based on the latest financial reports, Hes Technology Group (002963) holds total assets worth CN¥1.58 Billion CNY (≈ $231.72 Million 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 002963 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Hes Technology Group - Total Assets Trend (2015–2025)
This chart illustrates how Hes Technology Group's total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of Hes Technology Group to evaluate the quality of earnings relative to operating cash generation.
Hes Technology Group - Asset Composition Analysis
Current Asset Composition (December 2025)
Hes Technology Group's total assets of CN¥1.58 Billion consist of 80.2% current assets and 19.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.3% |
| Accounts Receivable | CN¥341.27 Million | 21.1% |
| Inventory | CN¥8.93 Million | 0.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥526.92K | 0.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2025)
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. For live market cap, price, and company overview, see Hes Technology Group market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hes Technology Group's current assets represent 80.2% of total assets in 2025, a decrease from 90.1% in 2015.
- Cash Position: Cash and equivalents constituted 7.3% of total assets in 2025, down 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 21.1% 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 |
|---|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
China | CN¥9.59 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
China | CN¥12.26 Billion |
|
Taiwan Union Technology
TWO:6274
|
Taiwan | NT$44.26 Billion |
|
Daeduck Electronics Co Ltd
KO:353200
|
Korea | ₩1.20 Trillion |
|
Suzhou HYC Technology Co Ltd
SHG:688001
|
China | CN¥5.70 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
China | CN¥7.48 Billion |
|
Wuhu Token Sciences
SHE:300088
|
China | CN¥17.76 Billion |
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 | 3.43 | 3.28 | 4.59 |
| Quick Ratio | 3.39 | 3.22 | 4.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥911.57 Million | CN¥991.66 Million | CN¥1.61 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 | 2.38 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -11.2% |
| Total Assets | CN¥1.62 Billion |
| Market Capitalization | $401.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hes Technology Group's assets below their book value (0.25x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hes Technology Group's assets decreased by 11.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hes Technology Group (2015–2025)
The table below shows the annual total assets of Hes Technology Group from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.62 Billion ≈ $237.06 Million |
-11.15% |
| 2024-12-31 | CN¥1.82 Billion ≈ $266.81 Million |
-11.08% |
| 2023-12-31 | CN¥2.05 Billion ≈ $300.04 Million |
-3.11% |
| 2022-12-31 | CN¥2.12 Billion ≈ $309.67 Million |
-8.42% |
| 2021-12-31 | CN¥2.31 Billion ≈ $338.14 Million |
+8.21% |
| 2020-12-31 | CN¥2.14 Billion ≈ $312.50 Million |
-6.62% |
| 2019-12-31 | CN¥2.29 Billion ≈ $334.67 Million |
+119.35% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.57 Million |
+54.06% |
| 2017-12-31 | CN¥676.76 Million ≈ $99.03 Million |
+71.61% |
| 2016-12-31 | CN¥394.35 Million ≈ $57.71 Million |
+55.72% |
| 2015-12-31 | CN¥253.24 Million ≈ $37.06 Million |
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About 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