Zhejiang Shibao Co Ltd (002703) - Total Assets
Based on the latest financial reports, Zhejiang Shibao Co Ltd (002703) holds total assets worth CN¥3.80 Billion CNY (≈ $555.76 Million USD) as of March 2026. 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 Shibao Co Ltd - Total Assets Trend (2009–2025)
This chart illustrates how Zhejiang Shibao Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see Zhejiang Shibao Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.
Zhejiang Shibao Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Zhejiang Shibao Co Ltd's total assets of CN¥3.80 Billion consist of 68.5% current assets and 31.5% non-current assets. Review how much debt does Zhejiang Shibao Co Ltd carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.8% |
| Accounts Receivable | CN¥1.16 Billion | 30.3% |
| Inventory | CN¥505.96 Million | 13.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥77.16 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how Zhejiang Shibao 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. See 002703 stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Shibao Co Ltd's current assets represent 68.5% of total assets in 2025, an increase from 46.1% in 2009.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2025, up from 6.4% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 30.3% of total assets.
Zhejiang Shibao Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Shibao Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
China | CN¥23.68 Billion |
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
China | CN¥18.44 Billion |
|
Greatoo Inc
SHE:002031
|
China | CN¥3.78 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.63 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
Finland | €2.44 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
Zhejiang Shibao 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 | 1.61 | 1.81 | 1.74 |
| Quick Ratio | 1.28 | 1.40 | 1.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥973.72 Million | CN¥1.00 Billion | CN¥452.05 Million |
Zhejiang Shibao Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Shibao 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 | 6.06 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 17.5% |
| Total Assets | CN¥3.83 Billion |
| Market Capitalization | $1.37 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Shibao Co Ltd's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Shibao Co Ltd's assets grew by 17.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Shibao Co Ltd (2009–2025)
The table below shows the annual total assets of Zhejiang Shibao Co Ltd from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.83 Billion ≈ $561.14 Million |
+17.46% |
| 2024-12-31 | CN¥3.26 Billion ≈ $477.72 Million |
+23.16% |
| 2023-12-31 | CN¥2.65 Billion ≈ $387.88 Million |
+10.93% |
| 2022-12-31 | CN¥2.39 Billion ≈ $349.66 Million |
+15.13% |
| 2021-12-31 | CN¥2.08 Billion ≈ $303.70 Million |
+5.02% |
| 2020-12-31 | CN¥1.98 Billion ≈ $289.19 Million |
+0.05% |
| 2019-12-31 | CN¥1.98 Billion ≈ $289.03 Million |
-3.42% |
| 2018-12-31 | CN¥2.05 Billion ≈ $299.26 Million |
-2.82% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.94 Million |
+1.43% |
| 2016-12-31 | CN¥2.07 Billion ≈ $303.60 Million |
+10.02% |
| 2015-12-31 | CN¥1.89 Billion ≈ $275.95 Million |
-10.25% |
| 2014-12-31 | CN¥2.10 Billion ≈ $307.45 Million |
+59.88% |
| 2013-12-31 | CN¥1.31 Billion ≈ $192.30 Million |
+11.16% |
| 2012-12-31 | CN¥1.18 Billion ≈ $173.00 Million |
+12.45% |
| 2011-12-31 | CN¥1.05 Billion ≈ $153.85 Million |
+29.63% |
| 2010-12-31 | CN¥811.02 Million ≈ $118.68 Million |
+33.96% |
| 2009-12-31 | CN¥605.42 Million ≈ $88.59 Million |
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About Zhejiang Shibao Co Ltd
Zhejiang Shibao Company Limited, together with its subsidiaries, researches, develops, manufactures, and sells automotive steering systems and other key steering system components in the People's Republic of China. It offers electric power steering products, including electric power recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, pinion- assisted and do… Read more