Forehope Electronic (Ningbo) Co. Ltd. A
Forehope Electronic (Ningbo) Co., Ltd. engages in advanced packaging field in the integrated circuit packaging and testing business. It offers high-density fine-pitch bump flip-chip; system-in-package; flat no-lead packages; and micro-electromechanical system sensors products. Its products are used in Internet of Things, 5G, artificial intelligence, and big data market. The company was founded in… Read more
Forehope Electronic (Ningbo) Co. Ltd. A (688362) - Total Assets
Latest total assets as of June 2025: CN¥14.34 Billion CNY
Based on the latest financial reports, Forehope Electronic (Ningbo) Co. Ltd. A (688362) holds total assets worth CN¥14.34 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.
Forehope Electronic (Ningbo) Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how Forehope Electronic (Ningbo) Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forehope Electronic (Ningbo) Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Forehope Electronic (Ningbo) Co. Ltd. A's total assets of CN¥14.34 Billion consist of 22.4% current assets and 77.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.4% |
| Accounts Receivable | CN¥759.28 Million | 5.6% |
| Inventory | CN¥367.32 Million | 2.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥141.34 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Forehope Electronic (Ningbo) Co. Ltd. A'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: Forehope Electronic (Ningbo) Co. Ltd. A's current assets represent 22.4% of total assets in 2024, an increase from 19.3% in 2020.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, up from 8.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 5.6% of total assets.
Forehope Electronic (Ningbo) Co. Ltd. A Competitors by Total Assets
Key competitors of Forehope Electronic (Ningbo) Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Forehope Electronic (Ningbo) Co. Ltd. A - 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 - Forehope Electronic (Ningbo) Co. Ltd. A generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Forehope Electronic (Ningbo) Co. Ltd. A generates $ 0.49 in net profit.
Forehope Electronic (Ningbo) Co. Ltd. A - 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 | 0.76 | 0.89 | 0.84 |
| Quick Ratio | 0.68 | 0.78 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.01 Billion | CN¥ -392.11 Million | CN¥ -372.33 Million |
Forehope Electronic (Ningbo) Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Forehope Electronic (Ningbo) Co. Ltd. A'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 | 6.68 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 10.7% |
| Total Assets | CN¥13.66 Billion |
| Market Capitalization | $955.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forehope Electronic (Ningbo) Co. Ltd. A's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Forehope Electronic (Ningbo) Co. Ltd. A's assets grew by 10.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forehope Electronic (Ningbo) Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Forehope Electronic (Ningbo) Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.66 Billion | +10.74% |
| 2023-12-31 | CN¥12.33 Billion | +48.20% |
| 2022-12-31 | CN¥8.32 Billion | +79.63% |
| 2021-12-31 | CN¥4.63 Billion | +72.02% |
| 2020-12-31 | CN¥2.69 Billion | -- |