Hiecise Precision Equipment Co Ltd
Hiecise Precision Equipment Co.,Ltd. engages in the research and development, manufacture, sale, and support of roll grinders in China and internationally. It offers roll and cylindrical grinders for applications steel industry, nonferrous metal, papermaking, light skill textile, and equipment manufacturing industries. The company was founded in 2007 and is based in Kunshan, China.
Hiecise Precision Equipment Co Ltd (300809) - Total Assets
Latest total assets as of September 2025: CN¥2.22 Billion CNY
Based on the latest financial reports, Hiecise Precision Equipment Co Ltd (300809) holds total assets worth CN¥2.22 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.
Hiecise Precision Equipment Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Hiecise Precision Equipment Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hiecise Precision Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hiecise Precision Equipment Co Ltd's total assets of CN¥2.22 Billion consist of 71.3% current assets and 28.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.7% |
| Accounts Receivable | CN¥296.77 Million | 14.0% |
| Inventory | CN¥361.25 Million | 17.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥25.64 Million | 1.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Hiecise Precision Equipment 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: Hiecise Precision Equipment Co Ltd's current assets represent 71.3% of total assets in 2024, an increase from 59.8% in 2015.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2024, up from 7.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 17.0% of total assets.
Hiecise Precision Equipment Co Ltd Competitors by Total Assets
Key competitors of Hiecise Precision Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Hiecise Precision Equipment 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
Lower asset utilization - Hiecise Precision Equipment Co Ltd generates 0.21x 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, Hiecise Precision Equipment Co Ltd generates $ 2.92 in net profit.
Hiecise Precision Equipment 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 | 3.29 | 3.83 | 3.85 |
| Quick Ratio | 2.59 | 2.88 | 3.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.13 Billion | CN¥ 1.17 Billion | CN¥ 1.20 Billion |
Hiecise Precision Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hiecise Precision Equipment 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 | 6.31 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | CN¥2.12 Billion |
| Market Capitalization | $423.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hiecise Precision Equipment Co Ltd's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hiecise Precision Equipment Co Ltd's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hiecise Precision Equipment Co Ltd (2015–2024)
The table below shows the annual total assets of Hiecise Precision Equipment Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.12 Billion | +1.89% |
| 2023-12-31 | CN¥2.08 Billion | +0.45% |
| 2022-12-31 | CN¥2.07 Billion | +9.21% |
| 2021-12-31 | CN¥1.90 Billion | +1.19% |
| 2020-12-31 | CN¥1.88 Billion | +12.04% |
| 2019-12-31 | CN¥1.67 Billion | +92.17% |
| 2018-12-31 | CN¥871.16 Million | +18.70% |
| 2017-12-31 | CN¥733.94 Million | +14.48% |
| 2016-12-31 | CN¥641.10 Million | -22.74% |
| 2015-12-31 | CN¥829.81 Million | -- |