Hangzhou Zhongheng Electric Co Ltd Total Assets
Hangzhou Zhongheng Electric Co Ltd total assets. 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. Also see Hangzhou Zhongheng Electric Co Ltd stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Hangzhou Zhongheng Electric Co Ltd (2006–2024)
Total assets of Hangzhou Zhongheng Electric Co Ltd from 2006 to 2024. This chart illustrates how Hangzhou Zhongheng Electric Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002364 live share price for real-time trading data and today's change.
Hangzhou Zhongheng Electric Co Ltd - Asset Composition Analysis
Hangzhou Zhongheng Electric Co Ltd Total Assets Breakdown (December 2024)
Hangzhou Zhongheng Electric Co Ltd total assets breakdown as of 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. Explore 002364 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Hayward Holdings Inc
NYSE:HAYW
|
USA | $3.14 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
China | CN¥25.88 Billion |
|
Tongling Jingd
SHG:600577
|
China | CN¥16.78 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Wuxi Xinhongye Wire & Cable Co. Ltd. A
SHE:301310
|
China | CN¥5.83 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
Korea | ₩1.34 Trillion |
|
Guangzhou Haoyang Electronic Co Ltd
SHE:300833
|
China | CN¥2.74 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 | 0.50 |
| Asset Growth Rate (YoY) | 14.6% |
| Total Assets | CN¥3.79 Billion |
| Market Capitalization | $1.87 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Zhongheng Electric Co Ltd's assets below their book value (0.50x), 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
Hangzhou Zhongheng Electric Co., Ltd. provides electronics manufacturing solutions in China, rest of Asia, Europe, the United States, and internationally. The company offers prefabricated solution for data center power supply system; and charging and swapping solutions. It also provides solutions for communication power supply and distribution system, as well as power system solutions. In additio… Read more