Hangzhou Zhongheng Electric Co Ltd (002364) - Total Assets

Latest as of September 2025: CN¥3.90 Billion CNY ≈ $570.89 Million USD

Based on the latest financial reports, Hangzhou Zhongheng Electric Co Ltd (002364) holds total assets worth CN¥3.90 Billion CNY (≈ $570.89 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 002364 total equity for net asset value and shareholders' equity analysis.

Hangzhou Zhongheng Electric Co Ltd - Total Assets Trend (2006–2024)

This chart illustrates how Hangzhou Zhongheng Electric Co Ltd's total assets have evolved over time, based on quarterly financial data.

Hangzhou Zhongheng Electric Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Hangzhou Zhongheng Electric Co Ltd's total assets of CN¥3.90 Billion consist of 77.1% current assets and 22.9% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	18.5%
Accounts Receivable	CN¥1.11 Billion	29.3%
Inventory	CN¥696.43 Million	18.4%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥58.49 Million	1.6%
Goodwill	CN¥19.98 Million	0.5%

Asset Composition Trend (2006–2024)

This chart illustrates how Hangzhou Zhongheng Electric 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 Hangzhou Zhongheng Electric Co Ltd worth.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Hangzhou Zhongheng Electric Co Ltd's current assets represent 77.1% of total assets in 2024, a decrease from 79.1% in 2006.
Cash Position: Cash and equivalents constituted 18.5% of total assets in 2024, up from 12.5% in 2006.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2006.
Asset Diversification: The largest asset category is accounts receivable at 29.3% of total assets.

Hangzhou Zhongheng Electric Co Ltd Competitors by Total Assets

Key competitors of Hangzhou Zhongheng Electric Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Wolong Electric Group Co Ltd SHG:600580	China	CN¥25.17 Billion
Hongfa Technology Co Ltd SHG:600885	China	CN¥21.89 Billion
Iljin Electric Co KO:103590	Korea	₩1.36 Trillion
Dongguan Aohai Technology Co SHE:002993	China	CN¥9.32 Billion
Hunan Changyuan Lico Co Ltd SHG:688779	China	CN¥14.12 Billion
Hubei Zhongyi Science Technology Co. Ltd. SHE:301150	China	CN¥6.77 Billion
Xi'an Sinofuse Electric Co. Ltd. SHE:301031	China	CN¥2.65 Billion
Beijing Xinleineng Technology Co Ltd SHE:300593	China	CN¥4.38 Billion

Hangzhou Zhongheng Electric 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	2.05	2.51	1.92
Quick Ratio	1.47	1.76	1.38
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥1.52 Billion	CN¥1.53 Billion	CN¥1.11 Billion

Hangzhou Zhongheng Electric Co Ltd - Advanced Valuation Insights

This section examines the relationship between Hangzhou Zhongheng Electric 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	7.86
Latest Market Cap to Assets Ratio	0.89
Asset Growth Rate (YoY)	14.6%
Total Assets	CN¥3.79 Billion
Market Capitalization	$3.36 Billion USD

Valuation Analysis

Near Book Valuation: The market values Hangzhou Zhongheng Electric Co Ltd's assets close to their book value (0.89x), suggesting investors view the company's assets at approximately fair value.

Rapid Asset Growth: Hangzhou Zhongheng Electric Co Ltd's assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Hangzhou Zhongheng Electric Co Ltd (2006–2024)

The table below shows the annual total assets of Hangzhou Zhongheng Electric Co Ltd from 2006 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥3.79 Billion ≈ $553.93 Million	+14.64%
2023-12-31	CN¥3.30 Billion ≈ $483.19 Million	+0.87%
2022-12-31	CN¥3.27 Billion ≈ $479.04 Million	+0.34%
2021-12-31	CN¥3.26 Billion ≈ $477.44 Million	-5.38%
2020-12-31	CN¥3.45 Billion ≈ $504.59 Million	+30.27%
2019-12-31	CN¥2.65 Billion ≈ $387.33 Million	+3.92%
2018-12-31	CN¥2.55 Billion ≈ $372.71 Million	-4.72%
2017-12-31	CN¥2.67 Billion ≈ $391.17 Million	+0.73%
2016-12-31	CN¥2.65 Billion ≈ $388.34 Million	+62.17%
2015-12-31	CN¥1.64 Billion ≈ $239.46 Million	+35.66%
2014-12-31	CN¥1.21 Billion ≈ $176.52 Million	+22.43%
2013-12-31	CN¥985.28 Million ≈ $144.18 Million	+4.99%
2012-12-31	CN¥938.42 Million ≈ $137.32 Million	+35.88%
2011-12-31	CN¥690.63 Million ≈ $101.06 Million	+8.29%
2010-12-31	CN¥637.76 Million ≈ $93.32 Million	+110.31%
2009-12-31	CN¥303.25 Million ≈ $44.38 Million	+20.58%
2008-12-31	CN¥251.50 Million ≈ $36.80 Million	+3.09%
2007-12-31	CN¥243.97 Million ≈ $35.70 Million	+19.28%
2006-12-31	CN¥204.53 Million ≈ $29.93 Million	--

About Hangzhou Zhongheng Electric Co Ltd

SHE:002364 China Electrical Equipment & Parts

Market Cap

$3.36 Billion

CN¥22.99 Billion CNY

Market Cap Rank

#4600 Global

#841 in China

Share Price

CN¥40.79

Change (1 day)

+2.62%

52-Week Range

CN¥14.28 - CN¥44.16

All Time High

CN¥44.16