HUAQIN TECHNOLOGY LTD A
Huaqin Technology Co., Ltd. engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide. The company offers mobile phones, tablets, laptops, smart wearables, AIoT products, IDC products, and automotive electronics, as well as provides processes and solutions for smart products in mold manufacturing, structural parts molding, and sur… Read more
HUAQIN TECHNOLOGY LTD A (603296) - Total Assets
Latest total assets as of June 2025: CN¥94.99 Billion CNY
Based on the latest financial reports, HUAQIN TECHNOLOGY LTD A (603296) holds total assets worth CN¥94.99 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.
HUAQIN TECHNOLOGY LTD A - Total Assets Trend (2021–2024)
This chart illustrates how HUAQIN TECHNOLOGY LTD A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HUAQIN TECHNOLOGY LTD A - Asset Composition Analysis
Current Asset Composition (December 2024)
HUAQIN TECHNOLOGY LTD A's total assets of CN¥94.99 Billion consist of 73.7% current assets and 26.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.9% |
| Accounts Receivable | CN¥25.41 Billion | 33.3% |
| Inventory | CN¥11.48 Billion | 15.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.80 Billion | 2.4% |
| Goodwill | CN¥1.33 Billion | 1.8% |
Asset Composition Trend (2021–2024)
This chart illustrates how HUAQIN TECHNOLOGY 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: HUAQIN TECHNOLOGY LTD A's current assets represent 73.7% of total assets in 2024, a decrease from 76.5% in 2021.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2024, up from 14.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 33.3% of total assets.
HUAQIN TECHNOLOGY LTD A Competitors by Total Assets
Key competitors of HUAQIN TECHNOLOGY LTD A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
HUAQIN TECHNOLOGY 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 - HUAQIN TECHNOLOGY LTD A generates 1.44x 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, HUAQIN TECHNOLOGY LTD A generates $ 3.84 in net profit.
HUAQIN TECHNOLOGY 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 | 1.12 | 1.23 | 1.23 |
| Quick Ratio | 0.91 | 1.01 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥8.13 Billion | CN¥ 7.98 Billion | CN¥ 7.98 Billion |
HUAQIN TECHNOLOGY LTD A - Advanced Valuation Insights
This section examines the relationship between HUAQIN TECHNOLOGY 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 | 3.54 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 48.1% |
| Total Assets | CN¥76.30 Billion |
| Market Capitalization | $3.03 Billion USD |
Valuation Analysis
Below Book Valuation: The market values HUAQIN TECHNOLOGY 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: HUAQIN TECHNOLOGY LTD A's assets grew by 48.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HUAQIN TECHNOLOGY LTD A (2021–2024)
The table below shows the annual total assets of HUAQIN TECHNOLOGY LTD A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥76.30 Billion | +48.12% |
| 2023-12-31 | CN¥51.51 Billion | +17.55% |
| 2022-12-31 | CN¥43.82 Billion | -3.14% |
| 2021-12-31 | CN¥45.24 Billion | -- |