Hiconics Drive Tech Co (300048) - Total Assets

Latest as of June 2026: CN¥5.76 Billion CNY ≈ $842.44 Million USD

Based on the latest financial reports, Hiconics Drive Tech Co (300048) holds total assets worth CN¥5.76 Billion CNY (≈ $842.44 Million USD) as of June 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.

Hiconics Drive Tech Co - Total Assets Trend (2006–2025)

This chart illustrates how Hiconics Drive Tech Co's total assets have evolved over time, based on quarterly financial data. Also see Hiconics Drive Tech Co market cap and net worth for the company's overall valuation and market capitalisation.

Hiconics Drive Tech Co - Asset Composition Analysis

Current Asset Composition (December 2025)

Hiconics Drive Tech Co's total assets of CN¥5.76 Billion consist of 80.8% current assets and 19.3% non-current assets. Review how much debt does Hiconics Drive Tech Co carry to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	28.6%
Accounts Receivable	CN¥1.53 Billion	31.2%
Inventory	CN¥674.27 Million	13.7%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥165.72 Million	3.4%
Goodwill	CN¥25.79 Million	0.5%

Asset Composition Trend (2006–2025)

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. See Hiconics Drive Tech Co (300048) stock price for real-time trading data and today's change.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Hiconics Drive Tech Co's current assets represent 80.8% of total assets in 2025, a decrease from 95.7% in 2006.
Cash Position: Cash and equivalents constituted 28.6% of total assets in 2025, up from 9.6% in 2006.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2006.
Asset Diversification: The largest asset category is accounts receivable at 31.2% 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
Wolong Electric Group Co Ltd SHG:600580	China	CN¥25.42 Billion
Warom Technology Inc Co SHG:603855	China	CN¥4.87 Billion
Leedarson IoT Technology Inc SHG:605365	China	CN¥6.50 Billion
Ls Cable & System Asia Ltd KO:229640	Korea	₩576.45 Billion
Xinya Electronic Co Ltd SHG:605277	China	CN¥3.47 Billion
Sichuan Huati Lighting Tech SHG:603679	China	CN¥1.48 Billion
Zhejiang Yonggui Electric Equipment Co Ltd SHE:300351	China	CN¥4.77 Billion
Dongnan Electronics Co. Ltd. A SHE:301359	China	CN¥953.64 Million

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	1.24	1.32	2.35
Quick Ratio	1.00	0.98	1.86
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥901.41 Million	CN¥991.97 Million	CN¥868.60 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	3.20
Latest Market Cap to Assets Ratio	0.16
Asset Growth Rate (YoY)	6.1%
Total Assets	CN¥4.92 Billion
Market Capitalization	$801.98 Million USD

Valuation Analysis

Below Book Valuation: The market values Hiconics Drive Tech Co's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Hiconics Drive Tech Co's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Hiconics Drive Tech Co (2006–2025)

The table below shows the annual total assets of Hiconics Drive Tech Co from 2006 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥4.92 Billion ≈ $719.64 Million	+6.13%
2024-12-31	CN¥4.63 Billion ≈ $678.06 Million	+46.36%
2023-12-31	CN¥3.17 Billion ≈ $463.29 Million	+13.97%
2022-12-31	CN¥2.78 Billion ≈ $406.51 Million	+11.80%
2021-12-31	CN¥2.48 Billion ≈ $363.60 Million	-4.43%
2020-12-31	CN¥2.60 Billion ≈ $380.45 Million	-30.76%
2019-12-31	CN¥3.75 Billion ≈ $549.46 Million	-9.59%
2018-12-31	CN¥4.15 Billion ≈ $607.73 Million	-11.38%
2017-12-31	CN¥4.69 Billion ≈ $685.76 Million	-4.90%
2016-12-31	CN¥4.93 Billion ≈ $721.09 Million	+46.42%
2015-12-31	CN¥3.37 Billion ≈ $492.49 Million	+60.86%
2014-12-31	CN¥2.09 Billion ≈ $306.17 Million	+12.92%
2013-12-31	CN¥1.85 Billion ≈ $271.14 Million	+3.19%
2012-12-31	CN¥1.80 Billion ≈ $262.74 Million	-1.14%
2011-12-31	CN¥1.82 Billion ≈ $265.78 Million	+17.84%
2010-12-31	CN¥1.54 Billion ≈ $225.54 Million	+276.82%
2009-12-31	CN¥409.03 Million ≈ $59.85 Million	+70.43%
2008-12-31	CN¥240.00 Million ≈ $35.12 Million	+128.36%
2007-12-31	CN¥105.10 Million ≈ $15.38 Million	+149.96%
2006-12-31	CN¥42.05 Million ≈ $6.15 Million	--

About Hiconics Drive Tech Co

SHE:300048 China Electrical Equipment & Parts

Market Cap

$801.98 Million

CN¥5.48 Billion CNY

Market Cap Rank

#9890 Global

#2549 in China

Share Price

CN¥4.84

Change (1 day)

-1.83%

52-Week Range

CN¥4.52 - CN¥8.32

All Time High

CN¥8.88