Harbin Electric Co Ltd
Harbin Electric Co Ltd operates in various business sectors.
Harbin Electric Co Ltd (HP6H) - Total Assets
Latest total assets as of December 2023: €71.30 Billion EUR
Based on the latest financial reports, Harbin Electric Co Ltd (HP6H) holds total assets worth €71.30 Billion EUR as of December 2023.
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.
Harbin Electric Co Ltd - Total Assets Trend (2018–2023)
This chart illustrates how Harbin Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbin Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Harbin Electric Co Ltd's total assets of €71.30 Billion consist of 85.0% current assets and 15.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 26.2% |
| Accounts Receivable | €7.16 Billion | 10.0% |
| Inventory | €10.98 Billion | 15.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.15 Billion | 1.6% |
| Goodwill | €34.52 Million | 0.1% |
Asset Composition Trend (2018–2023)
This chart illustrates how Harbin Electric 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: Harbin Electric Co Ltd's current assets represent 85.0% of total assets in 2023, an increase from 83.7% in 2018.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2023, up from 22.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 15.4% of total assets.
Harbin Electric Co Ltd Competitors by Total Assets
Key competitors of Harbin Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Harbin Electric 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
Lower asset utilization - Harbin Electric Co Ltd generates 0.40x 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, Harbin Electric Co Ltd generates $ 0.81 in net profit.
Harbin Electric 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 | 1.15 | 1.17 | 1.16 |
| Quick Ratio | 0.94 | 0.96 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.76 Billion | € 7.67 Billion | € 7.05 Billion |
Harbin Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Harbin Electric 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | €71.30 Billion |
| Market Capitalization | $26.08K USD |
Valuation Analysis
Below Book Valuation: The market values Harbin Electric Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Harbin Electric Co Ltd's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Harbin Electric Co Ltd (2018–2023)
The table below shows the annual total assets of Harbin Electric Co Ltd from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €71.30 Billion | +12.66% |
| 2022-12-31 | €63.28 Billion | +4.41% |
| 2021-12-31 | €60.61 Billion | +4.57% |
| 2020-12-31 | €57.96 Billion | +5.23% |
| 2019-12-31 | €55.08 Billion | -2.58% |
| 2018-12-31 | €56.54 Billion | -- |