Zhejiang Jingu Co Ltd (002488) - Total Assets
Based on the latest financial reports, Zhejiang Jingu Co Ltd (002488) holds total assets worth CN¥9.43 Billion CNY (≈ $1.38 Billion 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 Zhejiang Jingu Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Zhejiang Jingu Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Zhejiang Jingu Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002488 total equity for net asset value and shareholders' equity analysis.
Zhejiang Jingu Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Jingu Co Ltd's total assets of CN¥9.43 Billion consist of 43.3% current assets and 56.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.2% |
| Accounts Receivable | CN¥659.14 Million | 7.0% |
| Inventory | CN¥1.40 Billion | 14.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥219.55 Million | 2.3% |
| Goodwill | CN¥32.29 Million | 0.3% |
Asset Composition Trend (2007–2024)
This chart illustrates how Zhejiang Jingu 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 002488 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Jingu Co Ltd's current assets represent 43.3% of total assets in 2024, a decrease from 46.5% in 2007.
- Cash Position: Cash and equivalents constituted 18.2% of total assets in 2024, up from 13.3% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 5.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 14.9% of total assets.
Zhejiang Jingu Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Jingu Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Magna International Inc
TO:MG
|
Canada | CA$31.68 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
USA | $1.31 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥18.64 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
|
Ningbo Huaxiang Electronic Co Ltd
SHE:002048
|
China | CN¥26.20 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥19.04 Billion |
Zhejiang Jingu 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 | 1.69 | 1.51 | 0.92 |
| Quick Ratio | 0.97 | 0.74 | 0.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.45 Billion | CN¥953.62 Million | CN¥-206.84 Million |
Zhejiang Jingu Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Jingu 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 | 3.59 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 18.5% |
| Total Assets | CN¥9.41 Billion |
| Market Capitalization | $1.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Jingu Co Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Jingu Co Ltd's assets grew by 18.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Jingu Co Ltd (2007–2024)
The table below shows the annual total assets of Zhejiang Jingu Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.41 Billion ≈ $1.38 Billion |
+18.52% |
| 2023-12-31 | CN¥7.94 Billion ≈ $1.16 Billion |
+7.79% |
| 2022-12-31 | CN¥7.36 Billion ≈ $1.08 Billion |
+11.36% |
| 2021-12-31 | CN¥6.61 Billion ≈ $967.48 Million |
+4.05% |
| 2020-12-31 | CN¥6.35 Billion ≈ $929.81 Million |
-5.26% |
| 2019-12-31 | CN¥6.71 Billion ≈ $981.42 Million |
-7.86% |
| 2018-12-31 | CN¥7.28 Billion ≈ $1.07 Billion |
+1.27% |
| 2017-12-31 | CN¥7.19 Billion ≈ $1.05 Billion |
+69.44% |
| 2016-12-31 | CN¥4.24 Billion ≈ $620.68 Million |
+14.07% |
| 2015-12-31 | CN¥3.72 Billion ≈ $544.10 Million |
+5.43% |
| 2014-12-31 | CN¥3.53 Billion ≈ $516.07 Million |
+37.95% |
| 2013-12-31 | CN¥2.56 Billion ≈ $374.11 Million |
+28.48% |
| 2012-12-31 | CN¥1.99 Billion ≈ $291.18 Million |
+22.87% |
| 2011-12-31 | CN¥1.62 Billion ≈ $236.98 Million |
+20.13% |
| 2010-12-31 | CN¥1.35 Billion ≈ $197.28 Million |
+127.58% |
| 2009-12-31 | CN¥592.39 Million ≈ $86.69 Million |
+43.78% |
| 2008-12-31 | CN¥412.02 Million ≈ $60.29 Million |
+34.05% |
| 2007-12-31 | CN¥307.36 Million ≈ $44.98 Million |
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About Zhejiang Jingu Co Ltd
Zhejiang Jingu Company Limited research, develops, manufactures, and sells automobile wheels in China. It operates through Automobile parts manufacturing and Steel trading business segments. The company offers passenger car wheels, commercial vehicle wheels, trailer wheels, snow car wheels, split wheels, agricultural wheels, as well as low-carbon wheels under the name Avatar. It also exports its … Read more