Anhui Higasket Plastics Co.Ltd.
Anhui Higasket Plastics Co.,Ltd. engages in research, development, production and sales of home appliance and auto parts, and small home appliances materials in China. The company also offers home appliance parts, including refrigerator door seals; auto parts, such as electric power steering; small household appliances, comprising tea bar machines; and material products, which, includes polymer P… Read more
Anhui Higasket Plastics Co.Ltd. (603150) - Total Assets
Latest total assets as of June 2025: CN¥5.10 Billion CNY
Based on the latest financial reports, Anhui Higasket Plastics Co.Ltd. (603150) holds total assets worth CN¥5.10 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.
Anhui Higasket Plastics Co.Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Anhui Higasket Plastics Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Anhui Higasket Plastics Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Anhui Higasket Plastics Co.Ltd.'s total assets of CN¥5.10 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.2% |
| Accounts Receivable | CN¥1.27 Billion | 25.9% |
| Inventory | CN¥461.88 Million | 9.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥184.83 Million | 3.8% |
| Goodwill | CN¥120.82 Million | 2.5% |
Asset Composition Trend (2019–2024)
This chart illustrates how Anhui Higasket Plastics 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: Anhui Higasket Plastics Co.Ltd.'s current assets represent 57.4% of total assets in 2024, a decrease from 63.3% in 2019.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, down from 11.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 25.9% of total assets.
Anhui Higasket Plastics Co.Ltd. Competitors by Total Assets
Key competitors of Anhui Higasket Plastics Co.Ltd. 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 |
Anhui Higasket Plastics 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 - Anhui Higasket Plastics Co.Ltd. generates 0.69x 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, Anhui Higasket Plastics Co.Ltd. generates $ 2.84 in net profit.
Anhui Higasket Plastics 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 | 1.37 | 1.11 | 1.73 |
| Quick Ratio | 1.17 | 0.97 | 1.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥780.63 Million | CN¥ 247.66 Million | CN¥ 669.55 Million |
Anhui Higasket Plastics Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Anhui Higasket Plastics 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 | 3.10 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 35.9% |
| Total Assets | CN¥4.90 Billion |
| Market Capitalization | $324.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Anhui Higasket Plastics Co.Ltd.'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Anhui Higasket Plastics Co.Ltd.'s assets grew by 35.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Anhui Higasket Plastics Co.Ltd. (2019–2024)
The table below shows the annual total assets of Anhui Higasket Plastics Co.Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.90 Billion | +35.90% |
| 2023-12-31 | CN¥3.61 Billion | +42.87% |
| 2022-12-31 | CN¥2.53 Billion | +51.40% |
| 2021-12-31 | CN¥1.67 Billion | +11.30% |
| 2020-12-31 | CN¥1.50 Billion | +26.79% |
| 2019-12-31 | CN¥1.18 Billion | -- |