HMT(Xiamen)New Technical (603306) - Total Assets
Based on the latest financial reports, HMT(Xiamen)New Technical (603306) holds total assets worth CN¥5.86 Billion CNY (≈ $858.20 Million USD) 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. Check HMT(Xiamen)New Technical total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
HMT(Xiamen)New Technical - Total Assets Trend (2011–2024)
This chart illustrates how HMT(Xiamen)New Technical's total assets have evolved over time, based on quarterly financial data. Check 603306 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
HMT(Xiamen)New Technical - Asset Composition Analysis
Current Asset Composition (December 2024)
HMT(Xiamen)New Technical's total assets of CN¥5.86 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 | 21.1% |
| Accounts Receivable | CN¥970.76 Million | 18.1% |
| Inventory | CN¥281.40 Million | 5.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥85.41 Million | 1.6% |
| Goodwill | CN¥11.52 Million | 0.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how HMT(Xiamen)New Technical'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. For live market cap, price, and company overview, see HMT(Xiamen)New Technical market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HMT(Xiamen)New Technical's current assets represent 45.9% of total assets in 2024, a decrease from 56.9% in 2011.
- Cash Position: Cash and equivalents constituted 21.1% of total assets in 2024, up from 18.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 7.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 18.1% of total assets.
HMT(Xiamen)New Technical Competitors by Total Assets
Key competitors of HMT(Xiamen)New Technical based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Isiklar Enerji ve Yapi Holding AS
IS:IEYHO
|
Turkey | TL4.10 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥14.10 Billion |
|
Shanghai Shenda Co Ltd
SHG:600626
|
China | CN¥10.08 Billion |
|
Beijing Tongyizhong New Material Technology Corp
SHG:688722
|
China | CN¥2.10 Billion |
|
Yiwu Huading Nylon Co Ltd
SHG:601113
|
China | CN¥6.47 Billion |
|
Shanghai Sanmao Enterprise Group Co Ltd A
SHG:600689
|
China | CN¥973.24 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
China | CN¥3.06 Billion |
|
Tifico Fiber Indonesia Tbk
JK:TFCO
|
Indonesia | Rp341.75 Million |
HMT(Xiamen)New Technical - 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 | 4.04 | 6.49 | 9.04 |
| Quick Ratio | 3.51 | 5.85 | 8.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.81 Billion | CN¥2.30 Billion | CN¥1.82 Billion |
HMT(Xiamen)New Technical - Advanced Valuation Insights
This section examines the relationship between HMT(Xiamen)New Technical'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 | 7.64 |
| Latest Market Cap to Assets Ratio | 1.03 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | CN¥5.37 Billion |
| Market Capitalization | $5.51 Billion USD |
Valuation Analysis
Above Book Valuation: The market values HMT(Xiamen)New Technical's assets above their book value (1.03x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: HMT(Xiamen)New Technical's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HMT(Xiamen)New Technical (2011–2024)
The table below shows the annual total assets of HMT(Xiamen)New Technical from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.37 Billion ≈ $785.93 Million |
+5.65% |
| 2023-12-31 | CN¥5.08 Billion ≈ $743.88 Million |
+34.33% |
| 2022-12-31 | CN¥3.78 Billion ≈ $553.76 Million |
+21.52% |
| 2021-12-31 | CN¥3.11 Billion ≈ $455.69 Million |
+12.75% |
| 2020-12-31 | CN¥2.76 Billion ≈ $404.14 Million |
+3.24% |
| 2019-12-31 | CN¥2.68 Billion ≈ $391.45 Million |
+3.44% |
| 2018-12-31 | CN¥2.59 Billion ≈ $378.44 Million |
+7.33% |
| 2017-12-31 | CN¥2.41 Billion ≈ $352.59 Million |
+53.31% |
| 2016-12-31 | CN¥1.57 Billion ≈ $229.99 Million |
+23.27% |
| 2015-12-31 | CN¥1.28 Billion ≈ $186.58 Million |
+13.72% |
| 2014-12-31 | CN¥1.12 Billion ≈ $164.07 Million |
+89.62% |
| 2013-12-31 | CN¥591.30 Million ≈ $86.53 Million |
+29.08% |
| 2012-12-31 | CN¥458.10 Million ≈ $67.03 Million |
+21.30% |
| 2011-12-31 | CN¥377.67 Million ≈ $55.26 Million |
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About HMT(Xiamen)New Technical
HMT (Xiamen) New Technical Materials Co., Ltd. researches, develops, produces, and sells fabrics in China and internationally. It offers automotive safety airbag fabrics, airbags/OPWs, seat belts, bulletproof fabrics, mesh clothes and other industrial fabrics. The company was formerly known as Huamao (Xiamen) Technical Textile Co., Ltd and changed its name to HMT (Xiamen) New Technical Materials … Read more