Harbin Xinguang Optic Electronics
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. engages in the research and development, production, and sale of optoelectronic products in China. The company offers optical guidance systems, including optical imaging and non-imaging guidance; visible light optical imaging guidance simulators, solar simulators; infrared medium wave, and long wave optical guidance simulators; laser simulator… Read more
Harbin Xinguang Optic Electronics (688011) - Total Assets
Latest total assets as of June 2025: CN¥1.23 Billion CNY
Based on the latest financial reports, Harbin Xinguang Optic Electronics (688011) holds total assets worth CN¥1.23 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.
Harbin Xinguang Optic Electronics - Total Assets Trend (2016–2024)
This chart illustrates how Harbin Xinguang Optic Electronics’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbin Xinguang Optic Electronics - Asset Composition Analysis
Current Asset Composition (December 2024)
Harbin Xinguang Optic Electronics's total assets of CN¥1.23 Billion consist of 77.4% current assets and 22.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.5% |
| Accounts Receivable | CN¥162.43 Million | 12.8% |
| Inventory | CN¥82.04 Million | 6.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥26.82 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Harbin Xinguang Optic Electronics'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 Xinguang Optic Electronics's current assets represent 77.4% of total assets in 2024, a decrease from 92.9% in 2016.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, down from 13.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 12.8% of total assets.
Harbin Xinguang Optic Electronics Competitors by Total Assets
Key competitors of Harbin Xinguang Optic Electronics 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 |
Harbin Xinguang Optic Electronics - 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 Xinguang Optic Electronics generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harbin Xinguang Optic Electronics is currently not profitable relative to its asset base.
Harbin Xinguang Optic Electronics - 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 | 7.69 | 7.89 | 14.12 |
| Quick Ratio | 6.81 | 6.80 | 13.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥828.42 Million | CN¥ 881.37 Million | CN¥ 1.05 Billion |
Harbin Xinguang Optic Electronics - Advanced Valuation Insights
This section examines the relationship between Harbin Xinguang Optic Electronics'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 | 3.72 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | CN¥1.27 Billion |
| Market Capitalization | $411.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harbin Xinguang Optic Electronics's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Harbin Xinguang Optic Electronics's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Harbin Xinguang Optic Electronics (2016–2024)
The table below shows the annual total assets of Harbin Xinguang Optic Electronics from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.27 Billion | -2.87% |
| 2023-12-31 | CN¥1.31 Billion | -3.67% |
| 2022-12-31 | CN¥1.36 Billion | -1.41% |
| 2021-12-31 | CN¥1.38 Billion | +3.61% |
| 2020-12-31 | CN¥1.33 Billion | +1.91% |
| 2019-12-31 | CN¥1.30 Billion | +193.52% |
| 2018-12-31 | CN¥444.03 Million | -38.73% |
| 2017-12-31 | CN¥724.66 Million | +33.22% |
| 2016-12-31 | CN¥543.95 Million | -- |