Weihai Honglin Electronic Co. Ltd. A
Weihai Honglin Electronic Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of power cord components and special cables for use in 3C, household appliances, and channel markets in China and internationally. The company offers computer and household appliance, smart home, and access power cord assemblies; and precision electrical wiring, rubber w… Read more
Weihai Honglin Electronic Co. Ltd. A (301439) - Total Assets
Latest total assets as of June 2025: CN¥4.68 Billion CNY
Based on the latest financial reports, Weihai Honglin Electronic Co. Ltd. A (301439) holds total assets worth CN¥4.68 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.
Weihai Honglin Electronic Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Weihai Honglin Electronic Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Weihai Honglin Electronic Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Weihai Honglin Electronic Co. Ltd. A's total assets of CN¥4.68 Billion consist of 76.2% current assets and 23.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.7% |
| Accounts Receivable | CN¥1.20 Billion | 27.5% |
| Inventory | CN¥606.02 Million | 13.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥90.54 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Weihai Honglin Electronic 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: Weihai Honglin Electronic Co. Ltd. A's current assets represent 76.2% of total assets in 2024, an increase from 75.4% in 2021.
- Cash Position: Cash and equivalents constituted 24.7% of total assets in 2024, up from 8.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 27.5% of total assets.
Weihai Honglin Electronic Co. Ltd. A Competitors by Total Assets
Key competitors of Weihai Honglin Electronic Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Weihai Honglin Electronic 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
Strong asset utilization - Weihai Honglin Electronic Co. Ltd. A generates 0.78x 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, Weihai Honglin Electronic Co. Ltd. A generates $ 4.50 in net profit.
Weihai Honglin Electronic 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 | 2.18 | 3.27 | 3.27 |
| Quick Ratio | 1.66 | 2.53 | 2.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.79 Billion | CN¥ 1.98 Billion | CN¥ 1.98 Billion |
Weihai Honglin Electronic Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Weihai Honglin Electronic 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 | 2.15 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥4.36 Billion |
| Market Capitalization | $247.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Weihai Honglin Electronic Co. Ltd. A's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Weihai Honglin Electronic 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 Weihai Honglin Electronic Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Weihai Honglin Electronic Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.36 Billion | +13.06% |
| 2023-12-31 | CN¥3.86 Billion | +119.88% |
| 2022-12-31 | CN¥1.76 Billion | -10.06% |
| 2021-12-31 | CN¥1.95 Billion | -- |