Hillstone Networks Co Ltd (688030) - Total Assets
Based on the latest financial reports, Hillstone Networks Co Ltd (688030) holds total assets worth CN¥1.88 Billion CNY (≈ $274.88 Million USD) as of March 2026. 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. Explore Hillstone Networks Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Hillstone Networks Co Ltd - Total Assets Trend (2016–2025)
This chart illustrates how Hillstone Networks Co Ltd's total assets have evolved over time, based on quarterly financial data. See 688030 net asset value for net asset value and shareholders' equity analysis.
Hillstone Networks Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Hillstone Networks Co Ltd's total assets of CN¥1.88 Billion consist of 74.3% current assets and 25.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.8% |
| Accounts Receivable | CN¥956.98 Million | 48.7% |
| Inventory | CN¥96.83 Million | 4.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥100.70 Million | 5.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2025)
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. For live market cap, price, and company overview, see 688030 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hillstone Networks Co Ltd's current assets represent 74.3% of total assets in 2025, a decrease from 94.2% in 2016.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2025, 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 48.7% 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 |
|---|---|---|
|
Microsoft Corporation
NASDAQ:MSFT
|
USA | $694.23 Billion |
|
Klarna Group plc
NYSE:KLAR
|
USA | $20.78 Billion |
|
Topicus.com Inc
V:TOI
|
Canada | CA$2.33 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥11.19 Billion |
|
BOKU INC. REG S DL-0001
F:B04
|
Germany | €501.00 Million |
|
WRKR Ltd
AU:WRK
|
Australia | AU$102.90 Million |
|
Quickfee Ltd
AU:QFE
|
Australia | AU$74.36 Million |
|
Venzee Technologies Inc
V:VENZ
|
Canada | CA$7.93 Million |
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 | 1.58 | 1.86 | 4.49 |
| Quick Ratio | 1.46 | 1.75 | 4.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥508.45 Million | CN¥648.83 Million | CN¥1.01 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 | 4.37 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -1.1% |
| Total Assets | CN¥1.96 Billion |
| Market Capitalization | $448.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hillstone Networks Co Ltd's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hillstone Networks Co Ltd's assets decreased by 1.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hillstone Networks Co Ltd (2016–2025)
The table below shows the annual total assets of Hillstone Networks Co Ltd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.96 Billion ≈ $287.29 Million |
-1.12% |
| 2024-12-31 | CN¥1.99 Billion ≈ $290.53 Million |
+7.20% |
| 2023-12-31 | CN¥1.85 Billion ≈ $271.02 Million |
-12.48% |
| 2022-12-31 | CN¥2.12 Billion ≈ $309.65 Million |
+8.88% |
| 2021-12-31 | CN¥1.94 Billion ≈ $284.40 Million |
+8.34% |
| 2020-12-31 | CN¥1.79 Billion ≈ $262.52 Million |
+10.40% |
| 2019-12-31 | CN¥1.62 Billion ≈ $237.78 Million |
+117.59% |
| 2018-12-31 | CN¥746.77 Million ≈ $109.28 Million |
+85.63% |
| 2017-12-31 | CN¥402.29 Million ≈ $58.87 Million |
+24.55% |
| 2016-12-31 | CN¥323.00 Million ≈ $47.27 Million |
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About 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