High-Tek Harness Enterprise Co Ltd
High-Tek Harness Enterprise Co., Ltd. engages in the electronic device manufacturing, energy engineering, urban planning, medical, and fintech technology businesses in China. The company offers international medical tourism, regenerative medicine, dietary supplements, aesthetic medicine products, home biotech products, and pet health management products. It also provides financial technology and … Read more
High-Tek Harness Enterprise Co Ltd (3202) - Total Assets
Latest total assets as of September 2024: NT$5.94 Billion TWD
Based on the latest financial reports, High-Tek Harness Enterprise Co Ltd (3202) holds total assets worth NT$5.94 Billion TWD as of September 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.
High-Tek Harness Enterprise Co Ltd - Total Assets Trend (2017–2023)
This chart illustrates how High-Tek Harness Enterprise Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
High-Tek Harness Enterprise Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
High-Tek Harness Enterprise Co Ltd's total assets of NT$5.94 Billion consist of 78.0% current assets and 22.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 9.6% |
| Accounts Receivable | NT$2.38 Billion | 41.8% |
| Inventory | NT$1.03 Billion | 18.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2023)
This chart illustrates how High-Tek Harness Enterprise 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: High-Tek Harness Enterprise Co Ltd's current assets represent 78.0% of total assets in 2023, a decrease from 80.8% in 2017.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2023, up from 7.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 41.8% of total assets.
High-Tek Harness Enterprise Co Ltd Competitors by Total Assets
Key competitors of High-Tek Harness Enterprise Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
High-Tek Harness Enterprise 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
Strong asset utilization - High-Tek Harness Enterprise Co Ltd generates 0.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - High-Tek Harness Enterprise Co Ltd is currently not profitable relative to its asset base.
High-Tek Harness Enterprise 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 | 1.63 | 1.65 | 1.89 |
| Quick Ratio | 1.28 | 1.32 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.92 Billion | NT$ 1.77 Billion | NT$ 1.58 Billion |
High-Tek Harness Enterprise Co Ltd - Advanced Valuation Insights
This section examines the relationship between High-Tek Harness Enterprise 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 | 0.40 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 20.9% |
| Total Assets | NT$5.70 Billion |
| Market Capitalization | $12.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values High-Tek Harness Enterprise 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: High-Tek Harness Enterprise Co Ltd's assets grew by 20.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for High-Tek Harness Enterprise Co Ltd (2017–2023)
The table below shows the annual total assets of High-Tek Harness Enterprise Co Ltd from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$5.70 Billion | +20.86% |
| 2022-12-31 | NT$4.71 Billion | +4.70% |
| 2021-12-31 | NT$4.50 Billion | +0.18% |
| 2020-12-31 | NT$4.50 Billion | +31.83% |
| 2019-12-31 | NT$3.41 Billion | +14.92% |
| 2018-12-31 | NT$2.97 Billion | +13.91% |
| 2017-12-31 | NT$2.60 Billion | -- |