Zhejiang Southeast Space Frame Co Ltd

SHE:002135 China Engineering & Construction
Market Cap
$1.12 Billion
CN¥8.24 Billion CNY
Market Cap Rank
#9309 Global
#1895 in China
Share Price
CN¥7.39
Change (1 day)
+2.64%
52-Week Range
CN¥3.93 - CN¥7.39
All Time High
CN¥12.46
About

Zhejiang Southeast Space Frame Co., Ltd. designs, manufactures, and installs structural and residential steel structures in China. The company offers space steel structure, light and heavy steel structure, and polyester filament. It also researches, develops, produces, and sells chemical fiber products. In addition, the company engages in construction steel structure related businesses. Its steel… Read more

Zhejiang Southeast Space Frame Co Ltd (002135) - Total Assets

Latest total assets as of September 2025: CN¥21.55 Billion CNY

Based on the latest financial reports, Zhejiang Southeast Space Frame Co Ltd (002135) holds total assets worth CN¥21.55 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 Southeast Space Frame Co Ltd - Total Assets Trend (2004–2024)

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

Zhejiang Southeast Space Frame Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Southeast Space Frame Co Ltd's total assets of CN¥21.55 Billion consist of 84.6% current assets and 15.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 12.0%
Accounts Receivable CN¥12.16 Billion 62.0%
Inventory CN¥1.41 Billion 7.2%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥439.90 Million 2.2%
Goodwill CN¥393.47K 0.0%

Asset Composition Trend (2004–2024)

This chart illustrates how Zhejiang Southeast Space Frame 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 Southeast Space Frame Co Ltd's current assets represent 84.6% of total assets in 2024, an increase from 59.5% in 2004.
  • Cash Position: Cash and equivalents constituted 12.0% of total assets in 2024, up from 8.7% in 2004.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2004.
  • Asset Diversification: The largest asset category is accounts receivable at 62.0% of total assets.

Zhejiang Southeast Space Frame Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Southeast Space Frame Co Ltd based on total assets are shown below.

Zhejiang Southeast Space Frame 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: 0.57 - 0.84

Moderate asset utilization - Zhejiang Southeast Space Frame Co Ltd generates 0.57x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.38% - 2.87%

Moderate ROA - For every $100 in assets, Zhejiang Southeast Space Frame Co Ltd generates $ 0.97 in net profit.

Zhejiang Southeast Space Frame 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 1.51 1.50 1.14
Quick Ratio 1.36 1.34 0.97
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥6.30 Billion CN¥ 5.72 Billion CN¥ 1.20 Billion

Zhejiang Southeast Space Frame Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Southeast Space Frame 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 1.23
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) 6.7%
Total Assets CN¥19.62 Billion
Market Capitalization $613.09 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Southeast Space Frame Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Southeast Space Frame Co Ltd's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Southeast Space Frame Co Ltd (2004–2024)

The table below shows the annual total assets of Zhejiang Southeast Space Frame Co Ltd from 2004 to 2024.

Year Total Assets Change
2024-12-31 CN¥19.62 Billion +6.66%
2023-12-31 CN¥18.39 Billion +4.95%
2022-12-31 CN¥17.52 Billion +2.18%
2021-12-31 CN¥17.15 Billion +25.64%
2020-12-31 CN¥13.65 Billion +19.28%
2019-12-31 CN¥11.44 Billion +10.82%
2018-12-31 CN¥10.33 Billion +2.40%
2017-12-31 CN¥10.08 Billion +17.28%
2016-12-31 CN¥8.60 Billion -4.71%
2015-12-31 CN¥9.02 Billion +19.02%
2014-12-31 CN¥7.58 Billion +14.85%
2013-12-31 CN¥6.60 Billion +14.63%
2012-12-31 CN¥5.76 Billion +10.16%
2011-12-31 CN¥5.23 Billion +35.87%
2010-12-31 CN¥3.85 Billion +10.23%
2009-12-31 CN¥3.49 Billion +13.08%
2008-12-31 CN¥3.09 Billion +25.37%
2007-12-31 CN¥2.46 Billion +46.08%
2006-12-31 CN¥1.69 Billion +13.17%
2005-12-31 CN¥1.49 Billion +93.08%
2004-12-31 CN¥771.31 Million --