NOVA Technology Corporation Limited (300921) - Total Assets
Based on the latest financial reports, NOVA Technology Corporation Limited (300921) holds total assets worth CN¥949.46 Million CNY (≈ $138.94 Million USD) as of June 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 300921 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
NOVA Technology Corporation Limited - Total Assets Trend (2019–2024)
This chart illustrates how NOVA Technology Corporation Limited's total assets have evolved over time, based on quarterly financial data. Check NOVA Technology Corporation Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
NOVA Technology Corporation Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
NOVA Technology Corporation Limited's total assets of CN¥949.46 Million consist of 87.4% current assets and 12.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.2% |
| Accounts Receivable | CN¥133.54 Million | 14.1% |
| Inventory | CN¥9.84 Million | 1.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.29 Million | 0.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how NOVA Technology Corporation Limited'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 300921 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NOVA Technology Corporation Limited's current assets represent 87.4% of total assets in 2024, an increase from 76.4% in 2019.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2024, down from 33.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 14.1% of total assets.
NOVA Technology Corporation Limited Competitors by Total Assets
Key competitors of NOVA Technology Corporation Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Verizon Communications Inc
NYSE:VZ
|
USA | $417.88 Billion |
|
Chunghwa Telecom Co
TW:2412
|
Taiwan | NT$535.87 Billion |
|
TELECOM ITALIA ADR 1
F:TQIA
|
Germany | €36.73 Billion |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
|
China | CN¥1.33 Billion |
|
Tuas Ltd
AU:TUA
|
Australia | AU$498.37 Million |
|
Bahnhof AB Series B
ST:BAHN-B
|
Sweden | Skr1.40 Billion |
|
Reliance Communications Limited
NSE:RCOM
|
India | Rs363.38 Billion |
|
Tiphone Mobile Indonesia Tbk
JK:TELE
|
Indonesia | Rp93.75 Billion |
NOVA Technology Corporation Limited - 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 | 6.78 | 7.16 | 8.61 |
| Quick Ratio | 6.63 | 7.07 | 8.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥714.24 Million | CN¥707.29 Million | CN¥741.76 Million |
NOVA Technology Corporation Limited - Advanced Valuation Insights
This section examines the relationship between NOVA Technology Corporation Limited'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 | 5.31 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | -3.4% |
| Total Assets | CN¥947.03 Million |
| Market Capitalization | $598.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values NOVA Technology Corporation Limited's assets below their book value (0.63x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: NOVA Technology Corporation Limited's assets decreased by 3.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for NOVA Technology Corporation Limited (2019–2024)
The table below shows the annual total assets of NOVA Technology Corporation Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥947.03 Million ≈ $138.58 Million |
-3.40% |
| 2023-12-31 | CN¥980.33 Million ≈ $143.45 Million |
+1.11% |
| 2022-12-31 | CN¥969.56 Million ≈ $141.88 Million |
+4.16% |
| 2021-12-31 | CN¥930.83 Million ≈ $136.21 Million |
+1.30% |
| 2020-12-31 | CN¥918.84 Million ≈ $134.46 Million |
+225.23% |
| 2019-12-31 | CN¥282.52 Million ≈ $41.34 Million |
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About NOVA Technology Corporation Limited
NOVA Technology Corporation Limited provides network and security solutions in China and internationally. The company provides cybersecurity, networking, computing, and digital engineering services for the retail, healthcare, automobile, financial services, and manufacturing industries. NOVA Technology Corporation Limited was founded in 1996 and is headquartered in Shenzhen, China.