Highcon Systems Ltd
Highcon Systems Ltd. engages in the provision of a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. Its products include Highcon Beam 2C for the digital cutting and creasing for corrugated board; Highcon Beam 2 for the digital cutting and creasing for mainstream production; Highcon Euclid 5, a digital … Read more
Highcon Systems Ltd (HICN) - Total Assets
Latest total assets as of December 2024: ILA20.38 Million ILA
Based on the latest financial reports, Highcon Systems Ltd (HICN) holds total assets worth ILA20.38 Million ILA 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.
Highcon Systems Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Highcon Systems Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Highcon Systems Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Highcon Systems Ltd's total assets of ILA20.38 Million consist of 51.8% current assets and 48.2% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 4.3% |
| Accounts Receivable | ILA1.69 Million | 8.3% |
| Inventory | ILA7.22 Million | 35.4% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Highcon Systems 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: Highcon Systems Ltd's current assets represent 51.8% of total assets in 2024, a decrease from 86.8% in 2019.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, down from 18.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 35.4% of total assets.
Highcon Systems Ltd Competitors by Total Assets
Key competitors of Highcon Systems Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Highcon Systems 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
Strong asset utilization - Highcon Systems Ltd generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Highcon Systems Ltd is currently not profitable relative to its asset base.
Highcon Systems 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 | 0.41 | 1.25 | 3.14 |
| Quick Ratio | 0.13 | 0.62 | 2.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA-15.39 Million | ILA 4.66 Million | ILA 26.21 Million |
Highcon Systems Ltd - Advanced Valuation Insights
This section examines the relationship between Highcon Systems 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 | 0.45 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -39.9% |
| Total Assets | ILA20.38 Million |
| Market Capitalization | $2.70K USD |
Valuation Analysis
Below Book Valuation: The market values Highcon Systems Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Highcon Systems Ltd's assets decreased by 39.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Highcon Systems Ltd (2019–2024)
The table below shows the annual total assets of Highcon Systems Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA20.38 Million | -39.93% |
| 2023-12-31 | ILA33.93 Million | -35.00% |
| 2022-12-31 | ILA52.20 Million | +20.76% |
| 2021-12-31 | ILA43.23 Million | -29.21% |
| 2020-12-31 | ILA61.07 Million | +228.96% |
| 2019-12-31 | ILA18.56 Million | -- |