Shenzhen Haoningda Meters Co Ltd (002356) - Total Assets
Based on the latest financial reports, Shenzhen Haoningda Meters Co Ltd (002356) holds total assets worth CN¥823.45 Million CNY (≈ $120.50 Million 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 Shenzhen Haoningda Meters Co Ltd (002356) net assets for net asset value and shareholders' equity analysis.
Shenzhen Haoningda Meters Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Shenzhen Haoningda Meters Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shenzhen Haoningda Meters Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Haoningda Meters Co Ltd's total assets of CN¥823.45 Million consist of 69.4% current assets and 30.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.7% |
| Accounts Receivable | CN¥58.12 Million | 7.1% |
| Inventory | CN¥58.11 Million | 7.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥57.44 Million | 7.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Shenzhen Haoningda Meters 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 cap of Shenzhen Haoningda Meters Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Haoningda Meters Co Ltd's current assets represent 69.4% of total assets in 2024, a decrease from 78.0% in 2006.
- Cash Position: Cash and equivalents constituted 24.7% of total assets in 2024, up from 17.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 1.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 7.1% of total assets.
Shenzhen Haoningda Meters Co Ltd Competitors by Total Assets
Key competitors of Shenzhen Haoningda Meters Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
Shenzhen Haoningda Meters 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 | 5.57 | 3.09 | 0.29 |
| Quick Ratio | 5.01 | 2.65 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥419.37 Million | CN¥439.70 Million | CN¥-2.34 Billion |
Shenzhen Haoningda Meters Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shenzhen Haoningda Meters 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 | 9.50 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | CN¥822.69 Million |
| Market Capitalization | $633.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Haoningda Meters Co Ltd's assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shenzhen Haoningda Meters Co Ltd's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shenzhen Haoningda Meters Co Ltd (2006–2024)
The table below shows the annual total assets of Shenzhen Haoningda Meters Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥822.69 Million ≈ $120.39 Million |
+2.75% |
| 2023-12-31 | CN¥800.67 Million ≈ $117.16 Million |
-5.20% |
| 2022-12-31 | CN¥844.63 Million ≈ $123.60 Million |
-21.40% |
| 2021-12-31 | CN¥1.07 Billion ≈ $157.24 Million |
-4.99% |
| 2020-12-31 | CN¥1.13 Billion ≈ $165.50 Million |
-50.99% |
| 2019-12-31 | CN¥2.31 Billion ≈ $337.67 Million |
-46.82% |
| 2018-12-31 | CN¥4.34 Billion ≈ $634.94 Million |
-38.06% |
| 2017-12-31 | CN¥7.00 Billion ≈ $1.03 Billion |
+47.60% |
| 2016-12-31 | CN¥4.75 Billion ≈ $694.45 Million |
+81.95% |
| 2015-12-31 | CN¥2.61 Billion ≈ $381.67 Million |
+10.63% |
| 2014-12-31 | CN¥2.36 Billion ≈ $345.01 Million |
+67.22% |
| 2013-12-31 | CN¥1.41 Billion ≈ $206.32 Million |
-0.59% |
| 2012-12-31 | CN¥1.42 Billion ≈ $207.55 Million |
+11.08% |
| 2011-12-31 | CN¥1.28 Billion ≈ $186.84 Million |
+6.51% |
| 2010-12-31 | CN¥1.20 Billion ≈ $175.41 Million |
+175.47% |
| 2009-12-31 | CN¥435.16 Million ≈ $63.68 Million |
+19.11% |
| 2008-12-31 | CN¥365.34 Million ≈ $53.46 Million |
+22.25% |
| 2007-12-31 | CN¥298.85 Million ≈ $43.73 Million |
+14.48% |
| 2006-12-31 | CN¥261.05 Million ≈ $38.20 Million |
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About Shenzhen Haoningda Meters Co Ltd
Shenzhen Hemei Group Co.,LTD. engages in sale of clothing and accessories business in China and internationally. It also offers shoes, hats, bags, and other accessories. The company was formerly known as Shenzhen Haoningda Meters Co., Ltd. and changed its name to Shenzhen Hemei Group Co.,LTD. in May 2016. Shenzhen Hemei Group Co.,LTD. was founded in 1994 and is based in Shenzhen, China.