Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. It operates through the Inverter, Photovoltaic EPC, Household Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-c… Read more
Hiconics Drive Tech Co (300048) - Total Assets
Latest total assets as of September 2025: CN¥4.97 Billion CNY
Based on the latest financial reports, Hiconics Drive Tech Co (300048) holds total assets worth CN¥4.97 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.
Hiconics Drive Tech Co - Total Assets Trend (2006–2024)
This chart illustrates how Hiconics Drive Tech Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hiconics Drive Tech Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Hiconics Drive Tech Co's total assets of CN¥4.97 Billion consist of 77.6% current assets and 22.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.0% |
| Accounts Receivable | CN¥1.28 Billion | 27.6% |
| Inventory | CN¥994.96 Million | 21.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥93.80 Million | 2.0% |
| Goodwill | CN¥25.79 Million | 0.6% |
Asset Composition Trend (2006–2024)
This chart illustrates how Hiconics Drive Tech Co'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: Hiconics Drive Tech Co's current assets represent 77.6% of total assets in 2024, a decrease from 95.7% in 2006.
- Cash Position: Cash and equivalents constituted 27.0% of total assets in 2024, up from 9.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 27.6% of total assets.
Hiconics Drive Tech Co Competitors by Total Assets
Key competitors of Hiconics Drive Tech Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Hiconics Drive Tech Co - 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
Strong asset utilization - Hiconics Drive Tech Co generates 1.03x 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, Hiconics Drive Tech Co generates $ 0.22 in net profit.
Hiconics Drive Tech Co - 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 | 1.36 | 1.28 | 1.82 |
| Quick Ratio | 1.14 | 1.03 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.07 Billion | CN¥ 726.85 Million | CN¥ 674.34 Million |
Hiconics Drive Tech Co - Advanced Valuation Insights
This section examines the relationship between Hiconics Drive Tech Co'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 | 4.26 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 46.4% |
| Total Assets | CN¥4.63 Billion |
| Market Capitalization | $879.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hiconics Drive Tech Co's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hiconics Drive Tech Co's assets grew by 46.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hiconics Drive Tech Co (2006–2024)
The table below shows the annual total assets of Hiconics Drive Tech Co from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.63 Billion | +46.36% |
| 2023-12-31 | CN¥3.17 Billion | +13.97% |
| 2022-12-31 | CN¥2.78 Billion | +11.80% |
| 2021-12-31 | CN¥2.48 Billion | -4.43% |
| 2020-12-31 | CN¥2.60 Billion | -30.76% |
| 2019-12-31 | CN¥3.75 Billion | -9.59% |
| 2018-12-31 | CN¥4.15 Billion | -11.38% |
| 2017-12-31 | CN¥4.69 Billion | -4.90% |
| 2016-12-31 | CN¥4.93 Billion | +46.42% |
| 2015-12-31 | CN¥3.37 Billion | +60.86% |
| 2014-12-31 | CN¥2.09 Billion | +12.92% |
| 2013-12-31 | CN¥1.85 Billion | +3.19% |
| 2012-12-31 | CN¥1.80 Billion | -1.14% |
| 2011-12-31 | CN¥1.82 Billion | +17.84% |
| 2010-12-31 | CN¥1.54 Billion | +276.82% |
| 2009-12-31 | CN¥409.03 Million | +70.43% |
| 2008-12-31 | CN¥240.00 Million | +128.36% |
| 2007-12-31 | CN¥105.10 Million | +149.96% |
| 2006-12-31 | CN¥42.05 Million | -- |