Hiconics Drive Tech Co (300048) - Total Assets

Latest as of September 2025: CN¥4.97 Billion CNY ≈ $727.38 Million USD

Based on the latest financial reports, Hiconics Drive Tech Co (300048) holds total assets worth CN¥4.97 Billion CNY (≈ $727.38 Million USD) 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. Check Hiconics Drive Tech Co investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 300048 long-term investments to assets to see how much of total assets are deployed in long-term investments.

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. For live market cap, price, and company overview, see Hiconics Drive Tech Co stock valuation.

Show as percentage

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
Bloom Energy Corp NYSE:BE	USA	$4.66 Billion
Ecopro BM. Co. Ltd KQ:247540	Korea	₩4.62 Trillion
Chengdu Xuguang Electronics Co Ltd SHG:600353	China	CN¥3.55 Billion
Ningbo Ronbay New Energy Tech Ltd SHG:688005	China	CN¥23.96 Billion
Beijing Xinleineng Technology Co Ltd SHE:300593	China	CN¥4.32 Billion
Hubei Wanrun New Energy Technology Co. Ltd. A SHG:688275	China	CN¥18.14 Billion
East Group Co Ltd SHE:300376	China	CN¥13.21 Billion
WindSun Science & Technology Co. Ltd. A SHG:688663	China	CN¥3.42 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	1.36	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	$886.62 Million USD

Valuation Analysis

Below Book Valuation: The market values Hiconics Drive Tech Co's assets below their book value (0.19x), 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 ≈ $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

$886.62 Million

CN¥6.06 Billion CNY

Market Cap Rank

#9622 Global

#2546 in China

Share Price

CN¥5.37

Change (1 day)

+0.37%

52-Week Range

CN¥5.25 - CN¥8.32

All Time High

CN¥8.88