Zhejiang Wanma Co Ltd

SHE:002276 China Electrical Equipment & Parts
Market Cap
$2.08 Billion
CN¥15.30 Billion CNY
Market Cap Rank
#7722 Global
#1358 in China
Share Price
CN¥15.13
Change (1 day)
+0.27%
52-Week Range
CN¥12.12 - CN¥20.57
All Time High
CN¥33.67
About

Zhejiang Wanma Co., Ltd. manufactures and sells communication cables in China and internationally. It operates through Wire and Cable, New Material, and New Energy segments. The company offers power, XLPE insulated, medium and low voltage, fire-resistant, civil building, and other cables. It also provides coaxial cables, indoor and outdoor optical cables, security data cables, industrial intellig… Read more

Zhejiang Wanma Co Ltd (002276) - Total Assets

Latest total assets as of September 2025: CN¥16.57 Billion CNY

Based on the latest financial reports, Zhejiang Wanma Co Ltd (002276) holds total assets worth CN¥16.57 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 Wanma Co Ltd - Total Assets Trend (2006–2024)

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

Zhejiang Wanma Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Wanma Co Ltd's total assets of CN¥16.57 Billion consist of 76.9% current assets and 23.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 15.8%
Accounts Receivable CN¥7.39 Billion 49.2%
Inventory CN¥1.33 Billion 8.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥302.30 Million 2.0%
Goodwill CN¥147.40 Million 1.0%

Asset Composition Trend (2006–2024)

This chart illustrates how Zhejiang Wanma 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 Wanma Co Ltd's current assets represent 76.9% of total assets in 2024, an increase from 72.5% in 2006.
  • Cash Position: Cash and equivalents constituted 15.8% of total assets in 2024, down from 25.9% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2006.
  • Asset Diversification: The largest asset category is accounts receivable at 49.2% of total assets.

Zhejiang Wanma Co Ltd Competitors by Total Assets

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

Company Country Total Assets
Paru Co. Ltd
KQ:043200
Korea ₩58.09 Billion
Supercomnet Technologies Bhd
KLSE:0001
Malaysia RM454.76 Million
XJ Electric Co Ltd
SHE:000400
China CN¥26.30 Billion
Guangdong Macro Co Ltd
SHE:000533
China CN¥2.88 Billion
Foshan Electrical and Lighting Co Ltd
SHE:000541
China CN¥17.06 Billion
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
China CN¥5.21 Billion
Huagong Tech Co Ltd
SHE:000988
China CN¥21.08 Billion
Hunan Valin Wire & Cable Co Ltd
SHE:001208
China CN¥6.12 Billion

Zhejiang Wanma 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: 1.05 - 1.36

Strong asset utilization - Zhejiang Wanma Co Ltd generates 1.18x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.52% - 5.39%

Moderate ROA - For every $100 in assets, Zhejiang Wanma Co Ltd generates $ 2.27 in net profit.

Zhejiang Wanma 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 1.40 1.40 1.90
Quick Ratio 1.23 1.25 1.67
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.69 Billion CN¥ 3.38 Billion CN¥ 3.06 Billion

Zhejiang Wanma Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Wanma 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 2.89
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 9.1%
Total Assets CN¥15.02 Billion
Market Capitalization $907.66 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Wanma Co Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Wanma Co Ltd's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Wanma Co Ltd (2006–2024)

The table below shows the annual total assets of Zhejiang Wanma Co Ltd from 2006 to 2024.

Year Total Assets Change
2024-12-31 CN¥15.02 Billion +9.14%
2023-12-31 CN¥13.76 Billion +8.95%
2022-12-31 CN¥12.63 Billion +10.59%
2021-12-31 CN¥11.42 Billion +36.91%
2020-12-31 CN¥8.34 Billion +9.79%
2019-12-31 CN¥7.60 Billion +3.46%
2018-12-31 CN¥7.34 Billion +4.27%
2017-12-31 CN¥7.04 Billion +39.97%
2016-12-31 CN¥5.03 Billion -0.24%
2015-12-31 CN¥5.04 Billion +7.82%
2014-12-31 CN¥4.68 Billion +16.22%
2013-12-31 CN¥4.03 Billion +2.81%
2012-12-31 CN¥3.92 Billion +66.14%
2011-12-31 CN¥2.36 Billion +25.91%
2010-12-31 CN¥1.87 Billion +25.65%
2009-12-31 CN¥1.49 Billion +12.80%
2008-12-31 CN¥1.32 Billion +35.86%
2007-12-31 CN¥972.02 Million +27.57%
2006-12-31 CN¥761.93 Million --