Zhejiang Renzhi Co Ltd
Zhejiang Renzhi Co., Ltd., together with its subsidiaries, provides professional services in the oil and gas drilling and engineering fields in China. The company engages in oilfield environmental protection business, including oilfield wastewater treatment, sludge pretreatment and pool cleaning, drilling fluid emergency support technical services, mud non-grounding technical services, waste reso… Read more
Zhejiang Renzhi Co Ltd (002629) - Total Assets
Latest total assets as of September 2025: CN¥269.97 Million CNY
Based on the latest financial reports, Zhejiang Renzhi Co Ltd (002629) holds total assets worth CN¥269.97 Million 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 Renzhi Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Zhejiang Renzhi Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Renzhi Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Renzhi Co Ltd's total assets of CN¥269.97 Million consist of 85.5% current assets and 14.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.0% |
| Accounts Receivable | CN¥273.46 Million | 74.4% |
| Inventory | CN¥4.74 Million | 1.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥3.38 Million | 0.9% |
| Goodwill | CN¥144.99K | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Zhejiang Renzhi 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 Renzhi Co Ltd's current assets represent 85.5% of total assets in 2024, an increase from 82.5% in 2008.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, down from 12.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 74.4% of total assets.
Zhejiang Renzhi Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Renzhi Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
|
Lanzhou Haimo Technologies Co
SHE:300084
|
China | CN¥2.02 Billion |
Zhejiang Renzhi 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
Strong asset utilization - Zhejiang Renzhi Co Ltd generates 0.87x 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 Renzhi Co Ltd generates $ 3.93 in net profit.
Zhejiang Renzhi 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 | 1.05 | 1.05 | 0.64 |
| Quick Ratio | 1.03 | 1.00 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥8.85 Million | CN¥ 8.78 Million | CN¥ -120.28 Million |
Zhejiang Renzhi Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Renzhi 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 | 74.48 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | 81.6% |
| Total Assets | CN¥367.43 Million |
| Market Capitalization | $282.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Renzhi Co Ltd's assets below their book value (0.77 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Renzhi Co Ltd's assets grew by 81.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Renzhi Co Ltd (2008–2024)
The table below shows the annual total assets of Zhejiang Renzhi Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥367.43 Million | +81.62% |
| 2023-12-31 | CN¥202.30 Million | -15.06% |
| 2022-12-31 | CN¥238.16 Million | -34.21% |
| 2021-12-31 | CN¥362.02 Million | -4.64% |
| 2020-12-31 | CN¥379.64 Million | +3.89% |
| 2019-12-31 | CN¥365.44 Million | +11.96% |
| 2018-12-31 | CN¥326.40 Million | -57.55% |
| 2017-12-31 | CN¥768.97 Million | -0.09% |
| 2016-12-31 | CN¥769.70 Million | -6.90% |
| 2015-12-31 | CN¥826.76 Million | -17.49% |
| 2014-12-31 | CN¥1.00 Billion | -9.87% |
| 2013-12-31 | CN¥1.11 Billion | +10.00% |
| 2012-12-31 | CN¥1.01 Billion | -1.64% |
| 2011-12-31 | CN¥1.03 Billion | +112.92% |
| 2010-12-31 | CN¥482.54 Million | +28.94% |
| 2009-12-31 | CN¥374.24 Million | -3.15% |
| 2008-12-31 | CN¥386.40 Million | -- |