Hillstone Networks Co Ltd
Hillstone Networks Co.,Ltd. provides an infrastructure protection solutions to enterprises and service providers. The company provides edge protection solutions; cloud protection and security management solutions; breach protection solutions; and application delivery controller solution, as well as technical support and training services. It offers zero-trust network access; extended detection an… Read more
Hillstone Networks Co Ltd (688030) - Total Assets
Latest total assets as of September 2025: CN¥1.99 Billion CNY
Based on the latest financial reports, Hillstone Networks Co Ltd (688030) holds total assets worth CN¥1.99 Billion CNY 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.
Hillstone Networks Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Hillstone Networks Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hillstone Networks Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hillstone Networks Co Ltd's total assets of CN¥1.99 Billion consist of 74.4% current assets and 25.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.0% |
| Accounts Receivable | CN¥1.07 Billion | 53.7% |
| Inventory | CN¥88.06 Million | 4.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥112.66 Million | 5.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Hillstone Networks 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: Hillstone Networks Co Ltd's current assets represent 74.4% of total assets in 2024, a decrease from 94.2% in 2016.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, down from 37.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 53.7% of total assets.
Hillstone Networks Co Ltd Competitors by Total Assets
Key competitors of Hillstone Networks Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Hillstone Networks 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 - Hillstone Networks Co Ltd generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hillstone Networks Co Ltd is currently not profitable relative to its asset base.
Hillstone Networks 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 | 1.78 | 2.39 | 4.25 |
| Quick Ratio | 1.67 | 2.25 | 3.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥653.88 Million | CN¥ 770.78 Million | CN¥ 1.14 Billion |
Hillstone Networks Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hillstone Networks 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 | 4.22 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | CN¥1.99 Billion |
| Market Capitalization | $231.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hillstone Networks Co Ltd's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hillstone Networks Co Ltd's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hillstone Networks Co Ltd (2016–2024)
The table below shows the annual total assets of Hillstone Networks Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.99 Billion | +7.20% |
| 2023-12-31 | CN¥1.85 Billion | -12.48% |
| 2022-12-31 | CN¥2.12 Billion | +8.88% |
| 2021-12-31 | CN¥1.94 Billion | +8.34% |
| 2020-12-31 | CN¥1.79 Billion | +10.40% |
| 2019-12-31 | CN¥1.62 Billion | +117.59% |
| 2018-12-31 | CN¥746.77 Million | +85.63% |
| 2017-12-31 | CN¥402.29 Million | +24.55% |
| 2016-12-31 | CN¥323.00 Million | -- |