Zhejiang JIULI Hi-tech Metals Co Ltd
Zhejiang JIULI Hi-tech Metals Co., Ltd researches and develops, manufactures, and sells industrial stainless steel and special alloy pipes, bars, wires, bimetal composite pipes, pipe fittings, and other pipeline products in China and internationally. Its products include stainless steel pipes/tubes, corrosion and high temperature resistant alloys, titanium alloys tubes, flanges, steel bars, nicke… Read more
Zhejiang JIULI Hi-tech Metals Co Ltd (002318) - Total Assets
Latest total assets as of September 2025: CN¥13.43 Billion CNY
Based on the latest financial reports, Zhejiang JIULI Hi-tech Metals Co Ltd (002318) holds total assets worth CN¥13.43 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 JIULI Hi-tech Metals Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Zhejiang JIULI Hi-tech Metals Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang JIULI Hi-tech Metals Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang JIULI Hi-tech Metals Co Ltd's total assets of CN¥13.43 Billion consist of 58.0% current assets and 42.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.2% |
| Accounts Receivable | CN¥1.76 Billion | 12.4% |
| Inventory | CN¥3.41 Billion | 24.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥381.57 Million | 2.7% |
| Goodwill | CN¥2.05 Million | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Zhejiang JIULI Hi-tech Metals 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 JIULI Hi-tech Metals Co Ltd's current assets represent 58.0% of total assets in 2024, a decrease from 59.6% in 2006.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, down from 22.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 24.1% of total assets.
Zhejiang JIULI Hi-tech Metals Co Ltd Competitors by Total Assets
Key competitors of Zhejiang JIULI Hi-tech Metals Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Zhejiang JIULI Hi-tech Metals 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 JIULI Hi-tech Metals Co Ltd generates 0.77x 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 JIULI Hi-tech Metals Co Ltd generates $ 10.52 in net profit.
Zhejiang JIULI Hi-tech Metals 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 | 1.67 | 1.65 | 2.38 |
| Quick Ratio | 1.01 | 0.98 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.12 Billion | CN¥ 3.71 Billion | CN¥ 2.23 Billion |
Zhejiang JIULI Hi-tech Metals Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang JIULI Hi-tech Metals 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 | 4.07 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CN¥14.17 Billion |
| Market Capitalization | $2.08 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang JIULI Hi-tech Metals Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang JIULI Hi-tech Metals Co Ltd's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang JIULI Hi-tech Metals Co Ltd (2006–2024)
The table below shows the annual total assets of Zhejiang JIULI Hi-tech Metals Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥14.17 Billion | +8.84% |
| 2023-12-31 | CN¥13.02 Billion | +31.87% |
| 2022-12-31 | CN¥9.87 Billion | +26.08% |
| 2021-12-31 | CN¥7.83 Billion | +14.80% |
| 2020-12-31 | CN¥6.82 Billion | +14.07% |
| 2019-12-31 | CN¥5.98 Billion | +15.37% |
| 2018-12-31 | CN¥5.18 Billion | +4.67% |
| 2017-12-31 | CN¥4.95 Billion | +27.69% |
| 2016-12-31 | CN¥3.88 Billion | +6.34% |
| 2015-12-31 | CN¥3.65 Billion | +3.55% |
| 2014-12-31 | CN¥3.52 Billion | +13.57% |
| 2013-12-31 | CN¥3.10 Billion | +12.34% |
| 2012-12-31 | CN¥2.76 Billion | +9.50% |
| 2011-12-31 | CN¥2.52 Billion | +29.39% |
| 2010-12-31 | CN¥1.95 Billion | -3.58% |
| 2009-12-31 | CN¥2.02 Billion | +59.19% |
| 2008-12-31 | CN¥1.27 Billion | +7.41% |
| 2007-12-31 | CN¥1.18 Billion | +26.89% |
| 2006-12-31 | CN¥931.16 Million | -- |