Hiconics Drive Tech Co Total Assets
Hiconics Drive Tech Co total assets. 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. Also see Hiconics Drive Tech Co market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Hiconics Drive Tech Co (2006–2025)
Total assets of Hiconics Drive Tech Co from 2006 to 2025. This chart illustrates how Hiconics Drive Tech Co's total assets have evolved over time, based on quarterly financial data. See 300048 live share price for real-time trading data and today's change.
Hiconics Drive Tech Co - Asset Composition Analysis
Hiconics Drive Tech Co Total Assets Breakdown (December 2025)
Hiconics Drive Tech Co total assets breakdown as of 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.
| 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. Explore Hiconics Drive Tech Co working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
China | CN¥48.15 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥21.63 Billion |
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Shenglan Technology Co Ltd
SHE:300843
|
China | CN¥3.10 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
China | CN¥6.99 Billion |
|
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
|
China | CN¥2.96 Billion |
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 | 0.14 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | CN¥4.92 Billion |
| Market Capitalization | $709.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hiconics Drive Tech Co's assets below their book value (0.14x), 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 |
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About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, inclu… Read more