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. Explore cash flow to debt ratio of Hangzhou Zhongheng Electric Co Ltd to assess how comfortably operating cash covers total debt obligations.

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. See shareholders equity of Hangzhou Zhongheng Electric Co Ltd for net asset value and shareholders' equity analysis.

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 002364 market cap overview.

Show as percentage

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
Qingdao TGOOD Electric Co Ltd SHE:300001	China	CN¥24.24 Billion
XTC New Energy Materials Xiamen Co Ltd SHG:688778	China	CN¥22.70 Billion
Nantong Haixing Electronics Co Ltd SHG:603115	China	CN¥3.02 Billion
Roshow Technology Co Ltd SHE:002617	China	CN¥10.69 Billion
China Southern Power Grid Technology Co Ltd SHG:688248	China	CN¥4.81 Billion
Chengdu Xuguang Electronics Co Ltd SHG:600353	China	CN¥3.55 Billion
Ballard Power Systems Inc TO:BLDP	Canada	CA$710.46 Million
Suzhou Recodeal Interconnect System Co Ltd SHG:688800	China	CN¥5.92 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	0.77
Asset Growth Rate (YoY)	14.6%
Total Assets	CN¥3.79 Billion
Market Capitalization	$2.93 Billion USD

Valuation Analysis

Below Book Valuation: The market values Hangzhou Zhongheng Electric Co Ltd's assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.

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

$2.93 Billion

CN¥20.00 Billion CNY

Market Cap Rank

#4909 Global

#814 in China

Share Price

CN¥35.48

Change (1 day)

+3.74%

52-Week Range

CN¥16.46 - CN¥59.15

All Time High

CN¥59.15