Hunan Zhenghong Science and Technology Develop Co.,Ltd. engages in the research and development, production, and sale of feed products in China. It is also involved in the pig breeding and selling business; import and export of grain, oil, and feed raw materials; domestic trade of bulk raw materials, and agricultural and sideline products; development of agricultural industrialization; and investment in and development of bioengineering technology projects. The company was founded in 1997 and is based in Yueyang City, China.
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) - Total Assets
Latest total assets as of March 2025: CN¥697.07 Million CNY
Based on the latest financial reports, Hunan Zhenghong Science and Technology Develop Co Ltd (000702) holds total assets worth CN¥697.07 Million CNY as of March 2025.
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.
Hunan Zhenghong Science and Technology Develop Co Ltd - Total Assets Trend (1993–2024)
This chart illustrates how Hunan Zhenghong Science and Technology Develop Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hunan Zhenghong Science and Technology Develop Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hunan Zhenghong Science and Technology Develop Co Ltd's total assets of CN¥697.07 Million consist of 57.5% current assets and 42.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 37.8% |
| Accounts Receivable | CN¥43.79 Million | 6.2% |
| Inventory | CN¥79.85 Million | 11.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥6.41 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Hunan Zhenghong Science and Technology Develop 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: Hunan Zhenghong Science and Technology Develop Co Ltd's current assets represent 57.5% of total assets in 2024, a decrease from 91.2% in 1993.
- Cash Position: Cash and equivalents constituted 37.8% of total assets in 2024, up from 31.4% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 11.3% of total assets.
Hunan Zhenghong Science and Technology Develop Co Ltd Competitors by Total Assets
Key competitors of Hunan Zhenghong Science and Technology Develop Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.20 Billion |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.89 Billion |
|
Guangdong Guanghong Holdings Co Ltd
SHE:000529
|
China | CN¥6.42 Billion |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.32 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.16 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥117.94 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥24.29 Billion |
|
Jiangxi Sunshine Dairy Co Ltd
SHE:001318
|
China | CN¥1.50 Billion |
Hunan Zhenghong Science and Technology Develop 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 - Hunan Zhenghong Science and Technology Develop Co Ltd generates 1.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hunan Zhenghong Science and Technology Develop Co Ltd is currently not profitable relative to its asset base.
Hunan Zhenghong Science and Technology Develop 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 | 1.01 | 0.93 | 2.09 |
| Quick Ratio | 0.79 | 0.69 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.51 Million | CN¥ -23.58 Million | CN¥ 145.88 Million |
Hunan Zhenghong Science and Technology Develop Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hunan Zhenghong Science and Technology Develop 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 | 7.25 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | CN¥707.46 Million |
| Market Capitalization | $195.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hunan Zhenghong Science and Technology Develop Co Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hunan Zhenghong Science and Technology Develop Co Ltd's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hunan Zhenghong Science and Technology Develop Co Ltd (1993–2024)
The table below shows the annual total assets of Hunan Zhenghong Science and Technology Develop Co Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥707.46 Million | -1.49% |
| 2023-12-31 | CN¥718.15 Million | -9.85% |
| 2022-12-31 | CN¥796.64 Million | -11.59% |
| 2021-12-31 | CN¥901.10 Million | -2.62% |
| 2020-12-31 | CN¥925.31 Million | +36.34% |
| 2019-12-31 | CN¥678.69 Million | -5.63% |
| 2018-12-31 | CN¥719.21 Million | +1.88% |
| 2017-12-31 | CN¥705.97 Million | +9.29% |
| 2016-12-31 | CN¥645.96 Million | +2.78% |
| 2015-12-31 | CN¥628.47 Million | -11.64% |
| 2014-12-31 | CN¥711.24 Million | -2.39% |
| 2013-12-31 | CN¥728.69 Million | -20.10% |
| 2012-12-31 | CN¥912.03 Million | +9.63% |
| 2011-12-31 | CN¥831.95 Million | -10.71% |
| 2010-12-31 | CN¥931.73 Million | +12.74% |
| 2009-12-31 | CN¥826.45 Million | +0.06% |
| 2008-12-31 | CN¥825.97 Million | -18.07% |
| 2007-12-31 | CN¥1.01 Billion | -10.05% |
| 2006-12-31 | CN¥1.12 Billion | -13.13% |
| 2005-12-31 | CN¥1.29 Billion | -4.29% |
| 2004-12-31 | CN¥1.35 Billion | -8.86% |
| 2003-12-31 | CN¥1.48 Billion | +14.12% |
| 2002-12-31 | CN¥1.30 Billion | -7.57% |
| 2001-12-31 | CN¥1.40 Billion | +10.76% |
| 2000-12-31 | CN¥1.27 Billion | +70.96% |
| 1999-12-31 | CN¥740.47 Million | +2.72% |
| 1998-12-31 | CN¥720.83 Million | +24.05% |
| 1997-12-31 | CN¥581.09 Million | +175.47% |
| 1996-12-31 | CN¥210.94 Million | +27.03% |
| 1995-12-31 | CN¥166.06 Million | +65.87% |
| 1994-12-31 | CN¥100.12 Million | +4.22% |
| 1993-12-31 | CN¥96.07 Million | -- |