XiaMen HongXin Electron-tech Co Ltd
Xiamen Hongxin Electronics Technology Group Inc. engages in the research, design, development, manufacture, and sale of flexible printed circuit board products in China. The company also offers AI computing power servers. In addition, it is involved in the AI computing power leasing business and the export of its products. The company was founded in 2003 and is based in Xiamen, China.
XiaMen HongXin Electron-tech Co Ltd (300657) - Total Assets
Latest total assets as of September 2025: CN¥7.60 Billion CNY
Based on the latest financial reports, XiaMen HongXin Electron-tech Co Ltd (300657) holds total assets worth CN¥7.60 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.
XiaMen HongXin Electron-tech Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how XiaMen HongXin Electron-tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
XiaMen HongXin Electron-tech Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
XiaMen HongXin Electron-tech Co Ltd's total assets of CN¥7.60 Billion consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.1% |
| Accounts Receivable | CN¥2.12 Billion | 32.1% |
| Inventory | CN¥721.20 Million | 10.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥148.48 Million | 2.3% |
| Goodwill | CN¥402.43 Million | 6.1% |
Asset Composition Trend (2011–2024)
This chart illustrates how XiaMen HongXin Electron-tech Co Ltd'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: XiaMen HongXin Electron-tech Co Ltd's current assets represent 50.2% of total assets in 2024, a decrease from 52.3% in 2011.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 13.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 3.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 32.1% of total assets.
XiaMen HongXin Electron-tech Co Ltd Competitors by Total Assets
Key competitors of XiaMen HongXin Electron-tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
XiaMen HongXin Electron-tech Co Ltd - 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 - XiaMen HongXin Electron-tech Co Ltd generates 0.89x 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, XiaMen HongXin Electron-tech Co Ltd generates $ 0.86 in net profit.
XiaMen HongXin Electron-tech Co Ltd - 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 | 0.93 | 0.86 | 1.35 |
| Quick Ratio | 0.75 | 0.74 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-302.66 Million | CN¥ -535.89 Million | CN¥ 751.72 Million |
XiaMen HongXin Electron-tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between XiaMen HongXin Electron-tech Co Ltd'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 | 13.08 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 16.3% |
| Total Assets | CN¥6.61 Billion |
| Market Capitalization | $1.53 Billion USD |
Valuation Analysis
Below Book Valuation: The market values XiaMen HongXin Electron-tech Co Ltd's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: XiaMen HongXin Electron-tech Co Ltd's assets grew by 16.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for XiaMen HongXin Electron-tech Co Ltd (2011–2024)
The table below shows the annual total assets of XiaMen HongXin Electron-tech Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.61 Billion | +16.25% |
| 2023-12-31 | CN¥5.68 Billion | +14.12% |
| 2022-12-31 | CN¥4.98 Billion | +3.81% |
| 2021-12-31 | CN¥4.80 Billion | +3.42% |
| 2020-12-31 | CN¥4.64 Billion | +32.31% |
| 2019-12-31 | CN¥3.51 Billion | +45.25% |
| 2018-12-31 | CN¥2.41 Billion | +44.36% |
| 2017-12-31 | CN¥1.67 Billion | +9.53% |
| 2016-12-31 | CN¥1.53 Billion | +22.31% |
| 2015-12-31 | CN¥1.25 Billion | +34.75% |
| 2014-12-31 | CN¥926.14 Million | +24.37% |
| 2013-12-31 | CN¥744.67 Million | +57.98% |
| 2012-12-31 | CN¥471.38 Million | +52.35% |
| 2011-12-31 | CN¥309.41 Million | -- |