ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (002284) - Total Assets
Based on the latest financial reports, ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (002284) holds total assets worth CN¥8.00 Billion CNY (≈ $1.17 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. See net assets of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECT for net asset value and shareholders' equity analysis.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD - Total Assets Trend (2006–2024)
This chart illustrates how ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's total assets have evolved over time, based on quarterly financial data.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD - Asset Composition Analysis
Current Asset Composition (December 2024)
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's total assets of CN¥8.00 Billion consist of 72.1% current assets and 27.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.2% |
| Accounts Receivable | CN¥1.11 Billion | 15.9% |
| Inventory | CN¥775.23 Million | 11.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥148.04 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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 how much is ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECT worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's current assets represent 72.1% of total assets in 2024, an increase from 49.4% in 2006.
- Cash Position: Cash and equivalents constituted 23.2% of total assets in 2024, up from 18.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 9.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 15.9% of total assets.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD Competitors by Total Assets
Key competitors of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥17.41 Billion |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
China | CN¥7.43 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.67 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
China | CN¥1.59 Billion |
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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 | 1.31 | 1.29 | 1.82 |
| Quick Ratio | 1.12 | 1.11 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.44 Billion | CN¥1.09 Billion | CN¥1.45 Billion |
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD - Advanced Valuation Insights
This section examines the relationship between ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC 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 | 3.56 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 12.3% |
| Total Assets | CN¥7.01 Billion |
| Market Capitalization | $1.44 Billion USD |
Valuation Analysis
Below Book Valuation: The market values ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD's assets grew by 12.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD (2006–2024)
The table below shows the annual total assets of ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.01 Billion ≈ $1.03 Billion |
+12.25% |
| 2023-12-31 | CN¥6.24 Billion ≈ $913.58 Million |
-4.08% |
| 2022-12-31 | CN¥6.51 Billion ≈ $952.45 Million |
+10.90% |
| 2021-12-31 | CN¥5.87 Billion ≈ $858.83 Million |
+5.96% |
| 2020-12-31 | CN¥5.54 Billion ≈ $810.48 Million |
-6.17% |
| 2019-12-31 | CN¥5.90 Billion ≈ $863.80 Million |
+0.79% |
| 2018-12-31 | CN¥5.86 Billion ≈ $856.99 Million |
-6.33% |
| 2017-12-31 | CN¥6.25 Billion ≈ $914.87 Million |
+27.13% |
| 2016-12-31 | CN¥4.92 Billion ≈ $719.66 Million |
+15.66% |
| 2015-12-31 | CN¥4.25 Billion ≈ $622.22 Million |
+1.30% |
| 2014-12-31 | CN¥4.20 Billion ≈ $614.23 Million |
+60.65% |
| 2013-12-31 | CN¥2.61 Billion ≈ $382.35 Million |
+15.94% |
| 2012-12-31 | CN¥2.25 Billion ≈ $329.78 Million |
+6.68% |
| 2011-12-31 | CN¥2.11 Billion ≈ $309.13 Million |
+15.54% |
| 2010-12-31 | CN¥1.83 Billion ≈ $267.56 Million |
+8.96% |
| 2009-12-31 | CN¥1.68 Billion ≈ $245.55 Million |
+66.23% |
| 2008-12-31 | CN¥1.01 Billion ≈ $147.71 Million |
+0.86% |
| 2007-12-31 | CN¥1.00 Billion ≈ $146.45 Million |
+15.85% |
| 2006-12-31 | CN¥863.94 Million ≈ $126.42 Million |
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About ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd engages in the development, production, and sale of automotive parts and components in China and internationally. It offers automotive basic brake systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis. The company also provides electronics, intelligent driving, hub motors, brake calipers,… Read more