HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. It offers gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides… Read more
HIT Welding Industry Co. Ltd. (301137) - Total Assets
Latest total assets as of September 2025: CN¥2.42 Billion CNY
Based on the latest financial reports, HIT Welding Industry Co. Ltd. (301137) holds total assets worth CN¥2.42 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.
HIT Welding Industry Co. Ltd. - Total Assets Trend (2017–2024)
This chart illustrates how HIT Welding Industry Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HIT Welding Industry Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
HIT Welding Industry Co. Ltd.'s total assets of CN¥2.42 Billion consist of 68.7% current assets and 31.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.7% |
| Accounts Receivable | CN¥679.19 Million | 28.3% |
| Inventory | CN¥367.75 Million | 15.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥122.96 Million | 5.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how HIT Welding Industry 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: HIT Welding Industry Co. Ltd.'s current assets represent 68.7% of total assets in 2024, a decrease from 76.9% in 2017.
- Cash Position: Cash and equivalents constituted 22.7% of total assets in 2024, up from 16.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 4.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 28.3% of total assets.
HIT Welding Industry Co. Ltd. Competitors by Total Assets
Key competitors of HIT Welding Industry 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 |
HIT Welding Industry 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
Moderate asset utilization - HIT Welding Industry Co. Ltd. generates 0.65x 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, HIT Welding Industry Co. Ltd. generates $ 1.68 in net profit.
HIT Welding Industry 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 | 1.98 | 2.08 | 1.20 |
| Quick Ratio | 1.45 | 1.61 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥801.36 Million | CN¥ 724.11 Million | CN¥ 157.27 Million |
HIT Welding Industry Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between HIT Welding Industry 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 | 6.63 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 16.2% |
| Total Assets | CN¥2.40 Billion |
| Market Capitalization | $370.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values HIT Welding Industry Co. Ltd.'s assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: HIT Welding Industry Co. Ltd.'s assets grew by 16.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HIT Welding Industry Co. Ltd. (2017–2024)
The table below shows the annual total assets of HIT Welding Industry Co. Ltd. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.40 Billion | +16.19% |
| 2023-12-31 | CN¥2.07 Billion | +1.70% |
| 2022-12-31 | CN¥2.03 Billion | +37.71% |
| 2021-12-31 | CN¥1.48 Billion | +8.37% |
| 2020-12-31 | CN¥1.36 Billion | +29.29% |
| 2019-12-31 | CN¥1.05 Billion | +11.56% |
| 2018-12-31 | CN¥945.29 Million | +9.74% |
| 2017-12-31 | CN¥861.36 Million | -- |