Hi-Trend Tech(Shanghai)Co Ltd Total Assets
Hi-Trend Tech(Shanghai)Co Ltd total assets. Based on the latest financial reports, Hi-Trend Tech(Shanghai)Co Ltd (688391) holds total assets worth CN¥2.04 Billion CNY (≈ $298.31 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. Also see Hi-Trend Tech(Shanghai)Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Hi-Trend Tech(Shanghai)Co Ltd (2020–2024)
Total assets of Hi-Trend Tech(Shanghai)Co Ltd from 2020 to 2024. This chart illustrates how Hi-Trend Tech(Shanghai)Co Ltd's total assets have evolved over time, based on quarterly financial data. See Hi-Trend Tech(Shanghai)Co Ltd stock price for real-time trading data and today's change.
Hi-Trend Tech(Shanghai)Co Ltd - Asset Composition Analysis
Hi-Trend Tech(Shanghai)Co Ltd Total Assets Breakdown (December 2024)
Hi-Trend Tech(Shanghai)Co Ltd total assets breakdown as of December 2024. Hi-Trend Tech(Shanghai)Co Ltd's total assets of CN¥2.04 Billion consist of 79.6% current assets and 20.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 31.3% |
| Accounts Receivable | CN¥68.93 Million | 3.4% |
| Inventory | CN¥158.55 Million | 7.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥9.89 Million | 0.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Hi-Trend Tech(Shanghai)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. Explore 688391 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hi-Trend Tech(Shanghai)Co Ltd's current assets represent 79.6% of total assets in 2024, a decrease from 82.3% in 2020.
- Cash Position: Cash and equivalents constituted 31.3% of total assets in 2024, up from 24.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 7.9% of total assets.
Hi-Trend Tech(Shanghai)Co Ltd Competitors by Total Assets
Key competitors of Hi-Trend Tech(Shanghai)Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Square Co Ltd
KO:402340
|
Korea | ₩27.25 Trillion |
|
United Microelectronics
NYSE:UMC
|
USA | $599.93 Billion |
|
Realtek Semiconductor Corp
TW:2379
|
Taiwan | NT$147.27 Billion |
|
Maxscend Microelectronics Co Ltd
SHE:300782
|
China | CN¥15.14 Billion |
|
FADU Inc.
KQ:440110
|
Korea | ₩106.27 Billion |
|
Motorcomm Electronic Technology Co. Ltd. A
SHG:688515
|
China | CN¥1.63 Billion |
|
Actions Technology Co Ltd
SHG:688049
|
China | CN¥2.47 Billion |
|
Wuxi Chipown Micro-electronics Ltd
SHG:688508
|
China | CN¥3.69 Billion |
Hi-Trend Tech(Shanghai)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 | 9.59 | 13.95 | 8.76 |
| Quick Ratio | 8.49 | 12.86 | 7.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.59 Billion | CN¥1.26 Billion | CN¥1.18 Billion |
Hi-Trend Tech(Shanghai)Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hi-Trend Tech(Shanghai)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 | 2.05 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -6.7% |
| Total Assets | CN¥2.02 Billion |
| Market Capitalization | $388.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hi-Trend Tech(Shanghai)Co Ltd's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hi-Trend Tech(Shanghai)Co Ltd's assets decreased by 6.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hi-Trend Tech(Shanghai)Co Ltd (2020–2024)
The table below shows the annual total assets of Hi-Trend Tech(Shanghai)Co Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.02 Billion ≈ $295.10 Million |
-6.71% |
| 2023-12-31 | CN¥2.16 Billion ≈ $316.33 Million |
-1.19% |
| 2022-12-31 | CN¥2.19 Billion ≈ $320.15 Million |
+420.31% |
| 2021-12-31 | CN¥420.50 Million ≈ $61.53 Million |
+30.02% |
| 2020-12-31 | CN¥323.41 Million ≈ $47.32 Million |
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About Hi-Trend Tech(Shanghai)Co Ltd
Hi-Trend Technology (Shanghai) Co., Ltd. designs, develops, and sells integrated circuit (IC) products in China. The company's products portfolio includes communication ICs, such as narrow-band & low-speed BPSK SoC chips, narrow-band & high-speed OFDM SoC chips, broad-band & high-speed HPLC SoC chips, and broad-band & double module HPRC SoC chips, etc.; metering products, including three-phase me… Read more