Hangzhou Innover Technology Co Ltd
Hangzhou Innover Technology Co., Ltd. engages in the research, development, production, and sale of urban gas equipment and smart gas solutions in China and internationally. The company offers smart gas meter control devices, including IC card, wireless remote transmission, and industrial and commercial smart gas meters; and smart gas terminal products, such as ultrasonic and diaphragm gas meters… Read more
Hangzhou Innover Technology Co Ltd (002767) - Total Assets
Latest total assets as of September 2025: CN¥1.24 Billion CNY
Based on the latest financial reports, Hangzhou Innover Technology Co Ltd (002767) holds total assets worth CN¥1.24 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.
Hangzhou Innover Technology Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Hangzhou Innover Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hangzhou Innover Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangzhou Innover Technology Co Ltd's total assets of CN¥1.24 Billion consist of 78.2% current assets and 21.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.2% |
| Accounts Receivable | CN¥434.74 Million | 36.9% |
| Inventory | CN¥117.05 Million | 9.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥9.82 Million | 0.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Hangzhou Innover Technology 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: Hangzhou Innover Technology Co Ltd's current assets represent 78.2% of total assets in 2024, a decrease from 86.3% in 2011.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2024, down from 33.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 36.9% of total assets.
Hangzhou Innover Technology Co Ltd Competitors by Total Assets
Key competitors of Hangzhou Innover Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Hangzhou Innover Technology 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 - Hangzhou Innover Technology Co Ltd generates 0.53x 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, Hangzhou Innover Technology Co Ltd generates $ 2.25 in net profit.
Hangzhou Innover Technology 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 | 2.59 | 2.82 | 3.13 |
| Quick Ratio | 2.20 | 2.37 | 2.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥611.53 Million | CN¥ 562.29 Million | CN¥ 510.63 Million |
Hangzhou Innover Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hangzhou Innover Technology 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 | 4.30 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 5.8% |
| Total Assets | CN¥1.18 Billion |
| Market Capitalization | $181.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Innover Technology Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hangzhou Innover Technology Co Ltd's assets grew by 5.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hangzhou Innover Technology Co Ltd (2011–2024)
The table below shows the annual total assets of Hangzhou Innover Technology Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | +5.80% |
| 2023-12-31 | CN¥1.11 Billion | +2.81% |
| 2022-12-31 | CN¥1.08 Billion | +6.27% |
| 2021-12-31 | CN¥1.02 Billion | +2.03% |
| 2020-12-31 | CN¥999.15 Million | +12.18% |
| 2019-12-31 | CN¥890.69 Million | +6.61% |
| 2018-12-31 | CN¥835.43 Million | +2.44% |
| 2017-12-31 | CN¥815.57 Million | +5.92% |
| 2016-12-31 | CN¥769.99 Million | +6.09% |
| 2015-12-31 | CN¥725.82 Million | +85.92% |
| 2014-12-31 | CN¥390.39 Million | +8.01% |
| 2013-12-31 | CN¥361.44 Million | +13.96% |
| 2012-12-31 | CN¥317.16 Million | +6.02% |
| 2011-12-31 | CN¥299.15 Million | -- |