Zhejiang Renzhi Co Ltd (002629) - Total Assets
Based on the latest financial reports, Zhejiang Renzhi Co Ltd (002629) holds total assets worth CN¥269.97 Million CNY (≈ $39.50 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. Check 002629 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 Zhejiang Renzhi Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see Zhejiang Renzhi Co Ltd market capitalisation.
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 |
|---|---|---|
|
TechnipFMC PLC
F:1T1
|
Germany | €10.09 Billion |
|
NOV Inc.
NYSE:NOV
|
USA | $11.14 Billion |
|
Aker Solutions ASA
OL:AKSO
|
Norway | Nkr35.35 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.52 Million |
|
OSX Brasil S.A
SA:OSXB3
|
Brazil | R$696.70 Million |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
Indonesia | Rp534.65 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
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 | 0.81 |
| Asset Growth Rate (YoY) | 81.6% |
| Total Assets | CN¥367.43 Million |
| Market Capitalization | $296.17 Million USD |
Valuation Analysis
Near Book Valuation: The market values Zhejiang Renzhi Co Ltd's assets close to their book value (0.81x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $53.77 Million |
+81.62% |
| 2023-12-31 | CN¥202.30 Million ≈ $29.60 Million |
-15.06% |
| 2022-12-31 | CN¥238.16 Million ≈ $34.85 Million |
-34.21% |
| 2021-12-31 | CN¥362.02 Million ≈ $52.97 Million |
-4.64% |
| 2020-12-31 | CN¥379.64 Million ≈ $55.55 Million |
+3.89% |
| 2019-12-31 | CN¥365.44 Million ≈ $53.47 Million |
+11.96% |
| 2018-12-31 | CN¥326.40 Million ≈ $47.76 Million |
-57.55% |
| 2017-12-31 | CN¥768.97 Million ≈ $112.52 Million |
-0.09% |
| 2016-12-31 | CN¥769.70 Million ≈ $112.63 Million |
-6.90% |
| 2015-12-31 | CN¥826.76 Million ≈ $120.98 Million |
-17.49% |
| 2014-12-31 | CN¥1.00 Billion ≈ $146.62 Million |
-9.87% |
| 2013-12-31 | CN¥1.11 Billion ≈ $162.67 Million |
+10.00% |
| 2012-12-31 | CN¥1.01 Billion ≈ $147.88 Million |
-1.64% |
| 2011-12-31 | CN¥1.03 Billion ≈ $150.34 Million |
+112.92% |
| 2010-12-31 | CN¥482.54 Million ≈ $70.61 Million |
+28.94% |
| 2009-12-31 | CN¥374.24 Million ≈ $54.76 Million |
-3.15% |
| 2008-12-31 | CN¥386.40 Million ≈ $56.54 Million |
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About 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