Sino Splendid Holdings Ltd
Sino Splendid Holdings Ltd operates in various business sectors.
Sino Splendid Holdings Ltd (HKM2) - Total Assets
Latest total assets as of December 2024: €65.96 Million EUR
Based on the latest financial reports, Sino Splendid Holdings Ltd (HKM2) holds total assets worth €65.96 Million EUR as of December 2024.
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.
Sino Splendid Holdings Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Sino Splendid Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sino Splendid Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sino Splendid Holdings Ltd's total assets of €65.96 Million consist of 92.1% current assets and 7.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 10.5% |
| Accounts Receivable | €32.73 Million | 49.6% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €5.16 Million | 7.8% |
Asset Composition Trend (2018–2024)
This chart illustrates how Sino Splendid Holdings 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: Sino Splendid Holdings Ltd's current assets represent 92.1% of total assets in 2024, an increase from 73.7% in 2018.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, down from 45.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 49.6% of total assets.
Sino Splendid Holdings Ltd Competitors by Total Assets
Key competitors of Sino Splendid Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Sino Splendid Holdings 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 - Sino Splendid Holdings Ltd generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sino Splendid Holdings Ltd is currently not profitable relative to its asset base.
Sino Splendid Holdings 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 | 1.48 | 2.37 | 7.14 |
| Quick Ratio | 1.48 | 2.37 | 7.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €19.60 Million | € 46.04 Million | € 122.85 Million |
Sino Splendid Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Sino Splendid Holdings 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 | 0.12 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -22.5% |
| Total Assets | €65.96 Million |
| Market Capitalization | $519.62K USD |
Valuation Analysis
Below Book Valuation: The market values Sino Splendid Holdings Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sino Splendid Holdings Ltd's assets decreased by 22.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sino Splendid Holdings Ltd (2018–2024)
The table below shows the annual total assets of Sino Splendid Holdings Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €65.96 Million | -22.49% |
| 2023-12-31 | €85.10 Million | -22.93% |
| 2022-12-31 | €110.42 Million | -28.61% |
| 2021-12-31 | €154.68 Million | -23.78% |
| 2020-12-31 | €202.95 Million | -14.54% |
| 2019-12-31 | €237.47 Million | +6.46% |
| 2018-12-31 | €223.07 Million | -- |