Harbin VITI Electronics Corp
Harbin VITI Electronics Co., Ltd. researches and develops, manufactures, and sells automobile electronic products for cars and buses in China. It offers bus digital color LCD combination instruments; bus slave and master modules; bus bridge, processor, and management modules; bus instruments; and bus rear light, headlight, chassis, and top control modules. The company also provides bus signal dis… Read more
Harbin VITI Electronics Corp (603023) - Total Assets
Latest total assets as of September 2025: CN¥917.55 Million CNY
Based on the latest financial reports, Harbin VITI Electronics Corp (603023) holds total assets worth CN¥917.55 Million 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.
Harbin VITI Electronics Corp - Total Assets Trend (2009–2024)
This chart illustrates how Harbin VITI Electronics Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbin VITI Electronics Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Harbin VITI Electronics Corp's total assets of CN¥917.55 Million consist of 80.5% current assets and 19.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 60.0% |
| Accounts Receivable | CN¥83.84 Million | 9.5% |
| Inventory | CN¥95.29 Million | 10.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥39.15 Million | 4.4% |
| Goodwill | CN¥25.48 Million | 2.9% |
Asset Composition Trend (2009–2024)
This chart illustrates how Harbin VITI Electronics Corp'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: Harbin VITI Electronics Corp's current assets represent 80.5% of total assets in 2024, an increase from 79.8% in 2009.
- Cash Position: Cash and equivalents constituted 60.0% of total assets in 2024, up from 19.7% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 3.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 10.8% of total assets.
Harbin VITI Electronics Corp Competitors by Total Assets
Key competitors of Harbin VITI Electronics Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Harbin VITI Electronics Corp - 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 - Harbin VITI Electronics Corp generates 0.07x 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, Harbin VITI Electronics Corp generates $ 0.57 in net profit.
Harbin VITI Electronics Corp - 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 | 6.16 | 67.69 | 30.40 |
| Quick Ratio | 5.10 | 60.41 | 25.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥596.71 Million | CN¥ 664.33 Million | CN¥ 614.25 Million |
Harbin VITI Electronics Corp - Advanced Valuation Insights
This section examines the relationship between Harbin VITI Electronics Corp'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 | 3.68 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | CN¥885.13 Million |
| Market Capitalization | $177.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harbin VITI Electronics Corp's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Harbin VITI Electronics Corp's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Harbin VITI Electronics Corp (2009–2024)
The table below shows the annual total assets of Harbin VITI Electronics Corp from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥885.13 Million | +11.93% |
| 2023-12-31 | CN¥790.82 Million | -2.23% |
| 2022-12-31 | CN¥808.83 Million | +2.63% |
| 2021-12-31 | CN¥788.07 Million | +1.38% |
| 2020-12-31 | CN¥777.31 Million | -5.68% |
| 2019-12-31 | CN¥824.16 Million | -2.51% |
| 2018-12-31 | CN¥845.36 Million | +36.96% |
| 2017-12-31 | CN¥617.25 Million | +5.91% |
| 2016-12-31 | CN¥582.81 Million | +12.91% |
| 2015-12-31 | CN¥516.19 Million | +130.65% |
| 2014-12-31 | CN¥223.80 Million | -23.02% |
| 2013-12-31 | CN¥290.72 Million | +3.41% |
| 2012-12-31 | CN¥281.14 Million | +35.10% |
| 2011-12-31 | CN¥208.10 Million | +18.89% |
| 2010-12-31 | CN¥175.03 Million | +50.24% |
| 2009-12-31 | CN¥116.50 Million | -- |