Highbroad Advanced Material (Hefei) Co. Ltd. A
Highbroad Advanced Material (Hefei) Co., Ltd. designs, develops, manufactures, and sells backlight display modules, light guide plates, precision structural parts, optical materials, and other related components in the People's Republic of China and internationally. The company also offers molds, electronic parts materials, and adhesive products; and TFT-LCD and Mini-LED backlight display modules… Read more
Highbroad Advanced Material (Hefei) Co. Ltd. A (301321) - Total Assets
Latest total assets as of June 2025: CN¥5.76 Billion CNY
Based on the latest financial reports, Highbroad Advanced Material (Hefei) Co. Ltd. A (301321) holds total assets worth CN¥5.76 Billion CNY 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.
Highbroad Advanced Material (Hefei) Co. Ltd. A - Total Assets Trend (2019–2024)
This chart illustrates how Highbroad Advanced Material (Hefei) Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Highbroad Advanced Material (Hefei) Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Highbroad Advanced Material (Hefei) Co. Ltd. A's total assets of CN¥5.76 Billion consist of 45.9% current assets and 54.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.9% |
| Accounts Receivable | CN¥854.62 Million | 16.2% |
| Inventory | CN¥502.42 Million | 9.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥176.40 Million | 3.3% |
| Goodwill | CN¥4.98 Million | 0.1% |
Asset Composition Trend (2019–2024)
This chart illustrates how Highbroad Advanced Material (Hefei) Co. Ltd. A'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: Highbroad Advanced Material (Hefei) Co. Ltd. A's current assets represent 45.9% of total assets in 2024, a decrease from 58.9% in 2019.
- Cash Position: Cash and equivalents constituted 15.9% of total assets in 2024, up from 12.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 16.2% of total assets.
Highbroad Advanced Material (Hefei) Co. Ltd. A Competitors by Total Assets
Key competitors of Highbroad Advanced Material (Hefei) Co. Ltd. A 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 |
Highbroad Advanced Material (Hefei) Co. Ltd. A - 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 - Highbroad Advanced Material (Hefei) Co. Ltd. A generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Highbroad Advanced Material (Hefei) Co. Ltd. A is currently not profitable relative to its asset base.
Highbroad Advanced Material (Hefei) Co. Ltd. A - 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 | 0.96 | 1.08 | 1.24 |
| Quick Ratio | 0.79 | 0.84 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-127.30 Million | CN¥ 147.21 Million | CN¥ 403.07 Million |
Highbroad Advanced Material (Hefei) Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Highbroad Advanced Material (Hefei) Co. Ltd. A'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 | 4.34 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥5.27 Billion |
| Market Capitalization | $214.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Highbroad Advanced Material (Hefei) Co. Ltd. A's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Highbroad Advanced Material (Hefei) Co. Ltd. A's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Highbroad Advanced Material (Hefei) Co. Ltd. A (2019–2024)
The table below shows the annual total assets of Highbroad Advanced Material (Hefei) Co. Ltd. A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.27 Billion | +13.08% |
| 2023-12-31 | CN¥4.66 Billion | +20.33% |
| 2022-12-31 | CN¥3.88 Billion | +9.81% |
| 2021-12-31 | CN¥3.53 Billion | +18.24% |
| 2020-12-31 | CN¥2.99 Billion | +40.95% |
| 2019-12-31 | CN¥2.12 Billion | -- |