Zhejiang Weixing Industrial Development Co Ltd (002003) - Total Assets
Based on the latest financial reports, Zhejiang Weixing Industrial Development Co Ltd (002003) holds total assets worth CN¥6.94 Billion CNY (≈ $1.02 Billion USD) 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. Check 002003 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 how much of Zhejiang Weixing Industrial Development 's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see market value of Zhejiang Weixing Industrial Development .
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 |
|---|---|---|
|
Makalot Industrial Co Ltd
TW:1477
|
Taiwan | NT$24.44 Billion |
|
Ribo Fashion Group Co Ltd
SHG:603196
|
China | CN¥1.06 Billion |
|
Guararapes Confecções S.A
SA:GUAR3
|
Brazil | R$14.87 Billion |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
China | CN¥682.31 Million |
|
iFabric Corp
TO:IFA
|
Canada | CA$42.99 Million |
|
Iris Clothings Limited
NSE:IRISDOREME
|
India | Rs1.80 Billion |
|
Agabang&Company
KQ:013990
|
Korea | ₩232.60 Billion |
|
Nature Holdings Co. Ltd.
KQ:298540
|
Korea | ₩675.90 Billion |
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 | 0.24 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | CN¥6.29 Billion |
| Market Capitalization | $1.50 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Weixing Industrial Development Co Ltd's assets below their book value (0.24x), 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 ≈ $920.47 Million |
+4.32% |
| 2023-12-31 | CN¥6.03 Billion ≈ $882.33 Million |
+26.32% |
| 2022-12-31 | CN¥4.77 Billion ≈ $698.46 Million |
+18.18% |
| 2021-12-31 | CN¥4.04 Billion ≈ $591.04 Million |
+18.70% |
| 2020-12-31 | CN¥3.40 Billion ≈ $497.93 Million |
-2.07% |
| 2019-12-31 | CN¥3.47 Billion ≈ $508.46 Million |
+9.52% |
| 2018-12-31 | CN¥3.17 Billion ≈ $464.28 Million |
+4.61% |
| 2017-12-31 | CN¥3.03 Billion ≈ $443.80 Million |
+13.39% |
| 2016-12-31 | CN¥2.67 Billion ≈ $391.39 Million |
+24.22% |
| 2015-12-31 | CN¥2.15 Billion ≈ $315.07 Million |
+1.03% |
| 2014-12-31 | CN¥2.13 Billion ≈ $311.85 Million |
+2.82% |
| 2013-12-31 | CN¥2.07 Billion ≈ $303.29 Million |
-13.34% |
| 2012-12-31 | CN¥2.39 Billion ≈ $350.00 Million |
+3.64% |
| 2011-12-31 | CN¥2.31 Billion ≈ $337.70 Million |
+28.51% |
| 2010-12-31 | CN¥1.80 Billion ≈ $262.78 Million |
+23.94% |
| 2009-12-31 | CN¥1.45 Billion ≈ $212.02 Million |
+5.02% |
| 2008-12-31 | CN¥1.38 Billion ≈ $201.89 Million |
+26.76% |
| 2007-12-31 | CN¥1.09 Billion ≈ $159.27 Million |
+40.88% |
| 2006-12-31 | CN¥772.60 Million ≈ $113.06 Million |
+49.95% |
| 2005-12-31 | CN¥515.24 Million ≈ $75.40 Million |
+34.58% |
| 2004-12-31 | CN¥382.84 Million ≈ $56.02 Million |
+70.16% |
| 2003-12-31 | CN¥224.99 Million ≈ $32.92 Million |
+19.20% |
| 2002-12-31 | CN¥188.75 Million ≈ $27.62 Million |
+10.40% |
| 2001-12-31 | CN¥170.97 Million ≈ $25.02 Million |
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About 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.