Harbin Xinguang Optic Electronics (688011) - Total Assets
Based on the latest financial reports, Harbin Xinguang Optic Electronics (688011) holds total assets worth CN¥1.23 Billion CNY (≈ $179.76 Million USD) 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. See Harbin Xinguang Optic Electronics (688011) net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of Harbin Xinguang Optic Electronics.
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 Sunway Communication
SHE:300136
|
China | CN¥13.57 Billion |
|
Jiangsu Lettall Electronic Co Ltd
SHG:603629
|
China | CN¥5.82 Billion |
|
Plexus Corp
NASDAQ:PLXS
|
USA | $3.19 Billion |
|
Jiangsu Goodwe Power Supply Technology Co Ltd
SHG:688390
|
China | CN¥8.49 Billion |
|
Xiamen Leading Optics Co Ltd
SHG:605118
|
China | CN¥1.80 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
China | CN¥7.97 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
China | CN¥7.60 Billion |
|
Ningbo Sunrise Elc Technology Co Ltd Class A
SHE:002937
|
China | CN¥2.54 Billion |
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 | 0.74 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | CN¥1.27 Billion |
| Market Capitalization | $935.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harbin Xinguang Optic Electronics's assets below their book value (0.74x), 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 ≈ $185.76 Million |
-2.87% |
| 2023-12-31 | CN¥1.31 Billion ≈ $191.26 Million |
-3.67% |
| 2022-12-31 | CN¥1.36 Billion ≈ $198.55 Million |
-1.41% |
| 2021-12-31 | CN¥1.38 Billion ≈ $201.38 Million |
+3.61% |
| 2020-12-31 | CN¥1.33 Billion ≈ $194.36 Million |
+1.91% |
| 2019-12-31 | CN¥1.30 Billion ≈ $190.71 Million |
+193.52% |
| 2018-12-31 | CN¥444.03 Million ≈ $64.97 Million |
-38.73% |
| 2017-12-31 | CN¥724.66 Million ≈ $106.04 Million |
+33.22% |
| 2016-12-31 | CN¥543.95 Million ≈ $79.60 Million |
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About 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