Zhejiang Zhongcheng Packing Material Co Ltd
Zhejiang Zhongcheng Packing Material Co., Ltd. engages in the research, design, production, sale, and after-sales servicing of polyolefin shrink films. It offers normal POF, cross-linked polyolefin, printing film, and lidding barrier shrink films, as well as packaging solutions and other products. The company was founded in 1996 and is headquartered in Jiashan, China.
Zhejiang Zhongcheng Packing Material Co Ltd (002522) - Total Assets
Latest total assets as of September 2025: CN¥3.54 Billion CNY
Based on the latest financial reports, Zhejiang Zhongcheng Packing Material Co Ltd (002522) holds total assets worth CN¥3.54 Billion CNY 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.
Zhejiang Zhongcheng Packing Material Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Zhejiang Zhongcheng Packing Material Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Zhongcheng Packing Material Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Zhongcheng Packing Material Co Ltd's total assets of CN¥3.54 Billion consist of 36.0% current assets and 64.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.9% |
| Accounts Receivable | CN¥132.36 Million | 3.7% |
| Inventory | CN¥393.84 Million | 11.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥95.12 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Zhejiang Zhongcheng Packing Material 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Zhongcheng Packing Material Co Ltd's current assets represent 36.0% of total assets in 2024, a decrease from 44.2% in 2007.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2024, up from 9.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 11.0% of total assets.
Zhejiang Zhongcheng Packing Material Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Zhongcheng Packing Material Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAMRYOONG Co.Ltd
KQ:014970
|
Korea | ₩96.42 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.97 Billion |
|
Shin Hwa Silup
KO:001770
|
Korea | ₩84.01 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.17 Billion |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
China | CN¥8.43 Billion |
|
Export Packing
KO:002200
|
Korea | ₩347.30 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
China | CN¥16.63 Billion |
Zhejiang Zhongcheng Packing Material Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Zhejiang Zhongcheng Packing Material Co Ltd generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Zhejiang Zhongcheng Packing Material Co Ltd generates $ 2.07 in net profit.
Zhejiang Zhongcheng Packing Material 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 | 1.24 | 1.43 | 1.32 |
| Quick Ratio | 0.83 | 0.87 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥270.91 Million | CN¥ 371.46 Million | CN¥ 413.02 Million |
Zhejiang Zhongcheng Packing Material Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Zhongcheng Packing Material 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 | 2.32 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CN¥3.58 Billion |
| Market Capitalization | $525.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Zhongcheng Packing Material Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Zhongcheng Packing Material Co Ltd's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Zhongcheng Packing Material Co Ltd (2007–2024)
The table below shows the annual total assets of Zhejiang Zhongcheng Packing Material Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.58 Billion | -2.54% |
| 2023-12-31 | CN¥3.67 Billion | +0.07% |
| 2022-12-31 | CN¥3.67 Billion | +2.22% |
| 2021-12-31 | CN¥3.59 Billion | +7.51% |
| 2020-12-31 | CN¥3.34 Billion | +1.12% |
| 2019-12-31 | CN¥3.30 Billion | +6.14% |
| 2018-12-31 | CN¥3.11 Billion | +5.94% |
| 2017-12-31 | CN¥2.93 Billion | +40.72% |
| 2016-12-31 | CN¥2.09 Billion | +13.94% |
| 2015-12-31 | CN¥1.83 Billion | +4.99% |
| 2014-12-31 | CN¥1.74 Billion | +34.11% |
| 2013-12-31 | CN¥1.30 Billion | -1.61% |
| 2012-12-31 | CN¥1.32 Billion | +6.89% |
| 2011-12-31 | CN¥1.24 Billion | +12.04% |
| 2010-12-31 | CN¥1.10 Billion | +184.21% |
| 2009-12-31 | CN¥388.12 Million | +39.66% |
| 2008-12-31 | CN¥277.90 Million | +8.23% |
| 2007-12-31 | CN¥256.76 Million | -- |