Zhejiang Viewshine Intelligent Meter Co Ltd

SHE:002849 China Electrical Equipment & Parts
Market Cap
$508.19 Million
CN¥3.73 Billion CNY
Market Cap Rank
#11650 Global
#2778 in China
Share Price
CN¥16.90
Change (1 day)
-5.32%
52-Week Range
CN¥12.84 - CN¥20.06
All Time High
CN¥31.50
About

Zhejiang Viewshine Intelligent Meter Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of ultrasonic gas and water meters in China and internationally. The company offers intelligent water and gas information system platforms and terminals, residential and commercial ultrasonic water and gas meters, diaphragm gas meters, industrial RTU IoT product… Read more

Zhejiang Viewshine Intelligent Meter Co Ltd (002849) - Total Assets

Latest total assets as of September 2025: CN¥2.79 Billion CNY

Based on the latest financial reports, Zhejiang Viewshine Intelligent Meter Co Ltd (002849) holds total assets worth CN¥2.79 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 Viewshine Intelligent Meter Co Ltd - Total Assets Trend (2012–2024)

This chart illustrates how Zhejiang Viewshine Intelligent Meter Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Viewshine Intelligent Meter Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Viewshine Intelligent Meter Co Ltd's total assets of CN¥2.79 Billion consist of 76.5% current assets and 23.5% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 24.7%
Accounts Receivable CN¥870.78 Million 35.9%
Inventory CN¥370.16 Million 15.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥30.03 Million 1.2%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2012–2024)

This chart illustrates how Zhejiang Viewshine Intelligent Meter 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 Viewshine Intelligent Meter Co Ltd's current assets represent 76.5% of total assets in 2024, a decrease from 82.8% in 2012.
  • Cash Position: Cash and equivalents constituted 24.7% of total assets in 2024, up from 24.6% in 2012.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2012.
  • Asset Diversification: The largest asset category is accounts receivable at 35.9% of total assets.

Zhejiang Viewshine Intelligent Meter Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Viewshine Intelligent Meter Co Ltd based on total assets are shown below.

Zhejiang Viewshine Intelligent Meter 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

Historical Range: 0.44 - 0.83

Moderate asset utilization - Zhejiang Viewshine Intelligent Meter Co Ltd generates 0.54x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.39% - 11.16%

Moderate ROA - For every $100 in assets, Zhejiang Viewshine Intelligent Meter Co Ltd generates $ 1.39 in net profit.

Zhejiang Viewshine Intelligent Meter 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 1.66 2.10 1.59
Quick Ratio 1.31 1.74 1.22
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥858.76 Million CN¥ 971.08 Million CN¥ 566.55 Million

Zhejiang Viewshine Intelligent Meter Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Viewshine Intelligent Meter 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 3.15
Latest Market Cap to Assets Ratio 0.16
Asset Growth Rate (YoY) 2.7%
Total Assets CN¥2.42 Billion
Market Capitalization $379.51 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Viewshine Intelligent Meter Co Ltd's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Viewshine Intelligent Meter Co Ltd's assets grew by 2.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Viewshine Intelligent Meter Co Ltd (2012–2024)

The table below shows the annual total assets of Zhejiang Viewshine Intelligent Meter Co Ltd from 2012 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.42 Billion +2.75%
2023-12-31 CN¥2.36 Billion +9.12%
2022-12-31 CN¥2.16 Billion +23.71%
2021-12-31 CN¥1.75 Billion -5.46%
2020-12-31 CN¥1.85 Billion +19.69%
2019-12-31 CN¥1.54 Billion +21.37%
2018-12-31 CN¥1.27 Billion +43.34%
2017-12-31 CN¥887.60 Million +89.74%
2016-12-31 CN¥467.80 Million +14.61%
2015-12-31 CN¥408.15 Million +37.48%
2014-12-31 CN¥296.87 Million +62.58%
2013-12-31 CN¥182.60 Million +36.23%
2012-12-31 CN¥134.04 Million --