Zhaoheng Hydropower Ltd
Zhaoheng Hydropower Ltd. engages in the generation and supply of hydropower in southwestern and midwestern China. The company involves in the investment, operation, and development of small- to medium-sized hydropower plants. It serves primarily power grid companies that engage in electricity transmission and distribution. As of December 31, 2008, Zhaoheng Hydropower owned and operated 17 generat… Read more
Zhaoheng Hydropower Ltd (ZHYLF) - Total Assets
Latest total assets as of March 2009: $96.98 Million USD
Based on the latest financial reports, Zhaoheng Hydropower Ltd (ZHYLF) holds total assets worth $96.98 Million USD as of March 2009.
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.
Zhaoheng Hydropower Ltd - Total Assets Trend (2006–2008)
This chart illustrates how Zhaoheng Hydropower Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhaoheng Hydropower Ltd - Asset Composition Analysis
Current Asset Composition (December 2008)
Zhaoheng Hydropower Ltd's total assets of $96.98 Million consist of 10.9% current assets and 89.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.2% |
| Accounts Receivable | $4.27 Million | 4.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $76.33 Million | 81.2% |
| Intangible Assets | $1.22 Million | 1.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2008)
This chart illustrates how Zhaoheng Hydropower 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: Zhaoheng Hydropower Ltd's current assets represent 10.9% of total assets in 2008, a decrease from 15.4% in 2006.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2008, up from 5.9% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 81.2% of total assets.
Zhaoheng Hydropower Ltd Competitors by Total Assets
Key competitors of Zhaoheng Hydropower Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Zhaoheng Hydropower 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 - Zhaoheng Hydropower Ltd generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhaoheng Hydropower Ltd generates $6.38 in net profit.
Zhaoheng Hydropower 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 | 0.59 | 0.00 | 0.00 |
| Quick Ratio | 0.59 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.52 Million | $ -41.88K | $ -21.99K |
Zhaoheng Hydropower Ltd - Advanced Valuation Insights
This section examines the relationship between Zhaoheng Hydropower 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 | 1.85 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 361370292.3% |
| Total Assets | $93.96 Million |
| Market Capitalization | $1.98 USD |
Valuation Analysis
Below Book Valuation: The market values Zhaoheng Hydropower Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhaoheng Hydropower Ltd's assets grew by 361370292.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhaoheng Hydropower Ltd (2006–2008)
The table below shows the annual total assets of Zhaoheng Hydropower Ltd from 2006 to 2008.
| Year | Total Assets | Change |
|---|---|---|
| 2008-12-31 | $93.96 Million | +361370292.31% |
| 2008-03-31 | $26.00 | 0.00% |
| 2007-12-31 | $26.00 | -100.00% |
| 2006-12-31 | $82.40 Million | -- |