Zhejiang Bofay Elec Co Ltd
Zhejiang Bofay Electric Co., Ltd. engages in the research, development, production, and sale of polymer composite materials in China and internationally. The company's products include insulation resin series, slot wedges and laminates, insulation binding wire, tape, rope; mica composite insulating material, and other electrical materials. Its insulating materials are used for applications in win… Read more
Zhejiang Bofay Elec Co Ltd (001255) - Total Assets
Latest total assets as of September 2025: CN¥1.40 Billion CNY
Based on the latest financial reports, Zhejiang Bofay Elec Co Ltd (001255) holds total assets worth CN¥1.40 Billion CNY as of September 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.
Zhejiang Bofay Elec Co Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Zhejiang Bofay Elec Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Bofay Elec Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Bofay Elec Co Ltd's total assets of CN¥1.40 Billion consist of 39.8% current assets and 60.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.0% |
| Accounts Receivable | CN¥292.46 Million | 24.5% |
| Inventory | CN¥66.24 Million | 5.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥102.17 Million | 8.5% |
| Goodwill | CN¥4.74 Million | 0.4% |
Asset Composition Trend (2018–2024)
This chart illustrates how Zhejiang Bofay Elec 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: Zhejiang Bofay Elec Co Ltd's current assets represent 39.8% of total assets in 2024, a decrease from 69.7% in 2018.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, up from 7.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 2.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 24.5% of total assets.
Zhejiang Bofay Elec Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Bofay Elec Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Zhejiang Bofay Elec 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 - Zhejiang Bofay Elec Co Ltd generates 0.29x 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, Zhejiang Bofay Elec Co Ltd generates $ 1.11 in net profit.
Zhejiang Bofay Elec 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 | 1.33 | 1.75 | 3.41 |
| Quick Ratio | 1.14 | 1.51 | 3.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥143.18 Million | CN¥ 198.63 Million | CN¥ 256.67 Million |
Zhejiang Bofay Elec Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Bofay Elec 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 | 4.75 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 28.4% |
| Total Assets | CN¥1.20 Billion |
| Market Capitalization | $169.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Bofay Elec Co Ltd's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Bofay Elec Co Ltd's assets grew by 28.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Bofay Elec Co Ltd (2018–2024)
The table below shows the annual total assets of Zhejiang Bofay Elec Co Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion | +28.36% |
| 2023-12-31 | CN¥931.63 Million | -6.83% |
| 2022-12-31 | CN¥999.97 Million | +48.43% |
| 2021-12-31 | CN¥673.72 Million | +32.63% |
| 2020-12-31 | CN¥507.97 Million | +48.46% |
| 2019-12-31 | CN¥342.15 Million | +45.60% |
| 2018-12-31 | CN¥234.99 Million | -- |