Zhejiang Weixing New Building Materials Co Ltd (002372) - Total Assets
Based on the latest financial reports, Zhejiang Weixing New Building Materials Co Ltd (002372) holds total assets worth CN¥6.37 Billion CNY (≈ $932.49 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 Zhejiang Weixing New Building Materials (002372) shareholders funds for net asset value and shareholders' equity analysis.
Zhejiang Weixing New Building Materials Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Zhejiang Weixing New Building Materials Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Weixing New Building Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Weixing New Building Materials Co Ltd's total assets of CN¥6.37 Billion consist of 64.7% current assets and 35.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.1% |
| Accounts Receivable | CN¥631.15 Million | 9.5% |
| Inventory | CN¥951.44 Million | 14.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥392.89 Million | 5.9% |
| Goodwill | CN¥13.49 Million | 0.2% |
Asset Composition Trend (2006–2024)
This chart illustrates how Zhejiang Weixing New Building Materials 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 Zhejiang Weixing New Building Materials stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Weixing New Building Materials Co Ltd's current assets represent 64.7% of total assets in 2024, a decrease from 70.0% in 2006.
- Cash Position: Cash and equivalents constituted 26.1% of total assets in 2024, up from 14.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 14.4% of total assets.
Zhejiang Weixing New Building Materials Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Weixing New Building Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
China | CN¥4.38 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
|
D&O Home Collection Co Ltd
SHE:002798
|
China | CN¥5.62 Billion |
|
Zhejiang Lianxiang Smart Home
SHG:603272
|
China | CN¥650.52 Million |
|
Jiangsu Jingxue Insulation
SHE:301010
|
China | CN¥1.50 Billion |
|
Deceuninck
BR:DECB
|
Belgium | €708.72 Million |
|
PT Mulia Industrindo Tbk
JK:MLIA
|
Indonesia | Rp7.34 Trillion |
|
Bigbloc Construction Limited
NSE:BIGBLOC
|
India | Rs3.77 Billion |
Zhejiang Weixing New Building Materials 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 | 2.82 | 2.85 | 2.78 |
| Quick Ratio | 2.27 | 2.16 | 2.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.55 Billion | CN¥2.69 Billion | CN¥2.28 Billion |
Zhejiang Weixing New Building Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Weixing New Building Materials 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 | 3.97 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | -9.1% |
| Total Assets | CN¥6.63 Billion |
| Market Capitalization | $2.58 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Weixing New Building Materials Co Ltd's assets below their book value (0.39x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Weixing New Building Materials Co Ltd's assets decreased by 9.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Weixing New Building Materials Co Ltd (2006–2024)
The table below shows the annual total assets of Zhejiang Weixing New Building Materials Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.63 Billion ≈ $970.42 Million |
-9.05% |
| 2023-12-31 | CN¥7.29 Billion ≈ $1.07 Billion |
+5.09% |
| 2022-12-31 | CN¥6.94 Billion ≈ $1.02 Billion |
+7.81% |
| 2021-12-31 | CN¥6.44 Billion ≈ $941.82 Million |
+13.72% |
| 2020-12-31 | CN¥5.66 Billion ≈ $828.18 Million |
+17.31% |
| 2019-12-31 | CN¥4.82 Billion ≈ $706.00 Million |
+4.56% |
| 2018-12-31 | CN¥4.61 Billion ≈ $675.18 Million |
+9.91% |
| 2017-12-31 | CN¥4.20 Billion ≈ $614.29 Million |
+14.35% |
| 2016-12-31 | CN¥3.67 Billion ≈ $537.21 Million |
+26.55% |
| 2015-12-31 | CN¥2.90 Billion ≈ $424.50 Million |
+13.35% |
| 2014-12-31 | CN¥2.56 Billion ≈ $374.51 Million |
+11.21% |
| 2013-12-31 | CN¥2.30 Billion ≈ $336.75 Million |
+9.99% |
| 2012-12-31 | CN¥2.09 Billion ≈ $306.17 Million |
-1.88% |
| 2011-12-31 | CN¥2.13 Billion ≈ $312.03 Million |
+13.08% |
| 2010-12-31 | CN¥1.89 Billion ≈ $275.93 Million |
+188.58% |
| 2009-12-31 | CN¥653.42 Million ≈ $95.62 Million |
+0.74% |
| 2008-12-31 | CN¥648.65 Million ≈ $94.92 Million |
+27.00% |
| 2007-12-31 | CN¥510.74 Million ≈ $74.74 Million |
-7.31% |
| 2006-12-31 | CN¥551.01 Million ≈ $80.63 Million |
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About Zhejiang Weixing New Building Materials Co Ltd
Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company offers PP-R, PE, polypropylene-random-copolymer, PE-Xb, F-PPR, and PP-R/AL pipes for home decoration water supply pipeline system, urban water supply, high temperature radiator heating system, building hot and cold-water supply system, air conditioning hot and cold water, w… Read more