Zhejiang Weixing Industrial Development Co Ltd
Zhejiang Weixing Industrial Development Co., Ltd. engages in the production and sale of clothing accessories in China and internationally. Its products include buttons, zippers, metal and plastic, ribbons, ropes, labels, signs, and other clothing and luggage accessories products under SAB brand. The company was founded in 1976 and is based in Linhai, China.
Zhejiang Weixing Industrial Development Co Ltd (002003) - Total Assets
Latest total assets as of September 2025: CN¥6.94 Billion CNY
Based on the latest financial reports, Zhejiang Weixing Industrial Development Co Ltd (002003) holds total assets worth CN¥6.94 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 Weixing Industrial Development Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Zhejiang Weixing Industrial Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Weixing Industrial Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Weixing Industrial Development Co Ltd's total assets of CN¥6.94 Billion consist of 41.5% current assets and 58.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.6% |
| Accounts Receivable | CN¥710.78 Million | 11.3% |
| Inventory | CN¥703.89 Million | 11.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥403.54 Million | 6.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Zhejiang Weixing Industrial Development 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 Weixing Industrial Development Co Ltd's current assets represent 41.5% of total assets in 2024, a decrease from 67.6% in 2001.
- Cash Position: Cash and equivalents constituted 17.6% of total assets in 2024, down from 20.7% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 4.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 11.3% of total assets.
Zhejiang Weixing Industrial Development Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Weixing Industrial Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
|
Shanghai Metersbonwe Fashion&Accessories Co Ltd
SHE:002269
|
China | CN¥1.86 Billion |
Zhejiang Weixing Industrial Development 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 - Zhejiang Weixing Industrial Development Co Ltd generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Zhejiang Weixing Industrial Development Co Ltd generates $ 11.13 in net profit.
Zhejiang Weixing Industrial Development 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 | 1.37 | 1.50 | 2.13 |
| Quick Ratio | 1.03 | 1.15 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥785.99 Million | CN¥ 1.02 Billion | CN¥ 811.93 Million |
Zhejiang Weixing Industrial Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Weixing Industrial Development 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 | 2.61 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | CN¥6.29 Billion |
| Market Capitalization | $872.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Weixing Industrial Development Co Ltd's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Weixing Industrial Development Co Ltd's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Weixing Industrial Development Co Ltd (2001–2024)
The table below shows the annual total assets of Zhejiang Weixing Industrial Development Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.29 Billion | +4.32% |
| 2023-12-31 | CN¥6.03 Billion | +26.32% |
| 2022-12-31 | CN¥4.77 Billion | +18.18% |
| 2021-12-31 | CN¥4.04 Billion | +18.70% |
| 2020-12-31 | CN¥3.40 Billion | -2.07% |
| 2019-12-31 | CN¥3.47 Billion | +9.52% |
| 2018-12-31 | CN¥3.17 Billion | +4.61% |
| 2017-12-31 | CN¥3.03 Billion | +13.39% |
| 2016-12-31 | CN¥2.67 Billion | +24.22% |
| 2015-12-31 | CN¥2.15 Billion | +1.03% |
| 2014-12-31 | CN¥2.13 Billion | +2.82% |
| 2013-12-31 | CN¥2.07 Billion | -13.34% |
| 2012-12-31 | CN¥2.39 Billion | +3.64% |
| 2011-12-31 | CN¥2.31 Billion | +28.51% |
| 2010-12-31 | CN¥1.80 Billion | +23.94% |
| 2009-12-31 | CN¥1.45 Billion | +5.02% |
| 2008-12-31 | CN¥1.38 Billion | +26.76% |
| 2007-12-31 | CN¥1.09 Billion | +40.88% |
| 2006-12-31 | CN¥772.60 Million | +49.95% |
| 2005-12-31 | CN¥515.24 Million | +34.58% |
| 2004-12-31 | CN¥382.84 Million | +70.16% |
| 2003-12-31 | CN¥224.99 Million | +19.20% |
| 2002-12-31 | CN¥188.75 Million | +10.40% |
| 2001-12-31 | CN¥170.97 Million | -- |