Zhejiang Chengchang Technology Co. Ltd.

SHE:001270 China Semiconductors
Market Cap
$3.03 Billion
CN¥22.25 Billion CNY
Market Cap Rank
#6522 Global
#1010 in China
Share Price
CN¥107.96
Change (1 day)
-3.53%
52-Week Range
CN¥26.47 - CN¥159.93
All Time High
CN¥159.93
About

Zhejiang Chengchang Technology Co., Ltd. engages in research, development, production, and sale of microwave and millimeter-wave analog phased array T/R chips in China. It offers power amplifier chips, low noise amplifier chips, analog beamforming shaped chips, and passive components, as well as transceiver front-end chips, amplitude, and phase control chips. Its products are used in detection, r… Read more

Zhejiang Chengchang Technology Co. Ltd. (001270) - Total Assets

Latest total assets as of June 2025: CN¥1.53 Billion CNY

Based on the latest financial reports, Zhejiang Chengchang Technology Co. Ltd. (001270) holds total assets worth CN¥1.53 Billion CNY as of June 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 Chengchang Technology Co. Ltd. - Total Assets Trend (2019–2024)

This chart illustrates how Zhejiang Chengchang Technology Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Chengchang Technology Co. Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Chengchang Technology Co. Ltd.'s total assets of CN¥1.53 Billion consist of 71.8% current assets and 28.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 24.5%
Accounts Receivable CN¥427.50 Million 28.4%
Inventory CN¥202.38 Million 13.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥5.25 Million 0.4%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Zhejiang Chengchang Technology 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 Chengchang Technology Co. Ltd.'s current assets represent 71.8% of total assets in 2024, a decrease from 84.7% in 2019.
  • Cash Position: Cash and equivalents constituted 24.5% of total assets in 2024, up from 11.5% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2019.
  • Asset Diversification: The largest asset category is accounts receivable at 28.4% of total assets.

Zhejiang Chengchang Technology Co. Ltd. Competitors by Total Assets

Key competitors of Zhejiang Chengchang Technology Co. Ltd. based on total assets are shown below.

Zhejiang Chengchang Technology 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

Historical Range: 0.14 - 0.51

Lower asset utilization - Zhejiang Chengchang Technology Co. 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

Historical Range: -2.07% - 25.44%

Negative ROA - Zhejiang Chengchang Technology Co. Ltd. is currently not profitable relative to its asset base.

Zhejiang Chengchang Technology 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 16.96 11.07 26.61
Quick Ratio 13.71 9.05 22.73
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.05 Billion CN¥ 1.01 Billion CN¥ 598.16 Million

Zhejiang Chengchang Technology Co. Ltd. - Advanced Valuation Insights

This section examines the relationship between Zhejiang Chengchang Technology 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 6.05
Latest Market Cap to Assets Ratio 0.81
Asset Growth Rate (YoY) 1.6%
Total Assets CN¥1.50 Billion
Market Capitalization $1.22 Billion USD

Valuation Analysis

Near Book Valuation: The market values Zhejiang Chengchang Technology Co. Ltd.'s assets close to their book value ( 0.81x), suggesting investors view the company's assets at approximately fair value.

Positive Asset Growth: Zhejiang Chengchang Technology Co. Ltd.'s assets grew by 1.6% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Chengchang Technology Co. Ltd. (2019–2024)

The table below shows the annual total assets of Zhejiang Chengchang Technology Co. Ltd. from 2019 to 2024.

Year Total Assets Change
2024-12-31 CN¥1.50 Billion +1.59%
2023-12-31 CN¥1.48 Billion +4.42%
2022-12-31 CN¥1.42 Billion +88.91%
2021-12-31 CN¥750.56 Million +27.54%
2020-12-31 CN¥588.49 Million +124.63%
2019-12-31 CN¥261.98 Million --