Zhejiang Narada Power Source
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacture, sale, and service of lithium-ion batteries and systems, lead-acid batteries and systems, key hydrogen energy equipment, and lithium and lead resource recycling products. The company offers batteries, battery packs, battery cabinets and software management systems, etc. for use in new power energy storage, p… Read more
Zhejiang Narada Power Source (300068) - Total Assets
Latest total assets as of September 2025: CN¥17.40 Billion CNY
Based on the latest financial reports, Zhejiang Narada Power Source (300068) holds total assets worth CN¥17.40 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 Narada Power Source - Total Assets Trend (2007–2024)
This chart illustrates how Zhejiang Narada Power Source’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Narada Power Source - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Narada Power Source's total assets of CN¥17.40 Billion consist of 57.6% current assets and 42.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.1% |
| Accounts Receivable | CN¥3.16 Billion | 17.3% |
| Inventory | CN¥4.23 Billion | 23.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥382.19 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Zhejiang Narada Power Source'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 Narada Power Source's current assets represent 57.6% of total assets in 2024, a decrease from 85.1% in 2007.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, down from 18.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 23.1% of total assets.
Zhejiang Narada Power Source Competitors by Total Assets
Key competitors of Zhejiang Narada Power Source based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paru Co. Ltd
KQ:043200
|
Korea | ₩58.09 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
China | CN¥17.06 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
Zhejiang Narada Power Source - 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 - Zhejiang Narada Power Source generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Narada Power Source is currently not profitable relative to its asset base.
Zhejiang Narada Power Source - 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 | 0.92 | 1.08 | 1.16 |
| Quick Ratio | 0.60 | 0.63 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-880.16 Million | CN¥ 923.75 Million | CN¥ 1.09 Billion |
Zhejiang Narada Power Source - Advanced Valuation Insights
This section examines the relationship between Zhejiang Narada Power Source'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 | 3.65 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | CN¥18.30 Billion |
| Market Capitalization | $1.37 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Narada Power Source's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Narada Power Source's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Narada Power Source (2007–2024)
The table below shows the annual total assets of Zhejiang Narada Power Source from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.30 Billion | +0.54% |
| 2023-12-31 | CN¥18.20 Billion | +13.69% |
| 2022-12-31 | CN¥16.01 Billion | +15.76% |
| 2021-12-31 | CN¥13.83 Billion | -3.16% |
| 2020-12-31 | CN¥14.28 Billion | +8.29% |
| 2019-12-31 | CN¥13.19 Billion | +4.01% |
| 2018-12-31 | CN¥12.68 Billion | +16.40% |
| 2017-12-31 | CN¥10.89 Billion | +18.56% |
| 2016-12-31 | CN¥9.19 Billion | +32.56% |
| 2015-12-31 | CN¥6.93 Billion | +42.41% |
| 2014-12-31 | CN¥4.87 Billion | +15.03% |
| 2013-12-31 | CN¥4.23 Billion | +8.34% |
| 2012-12-31 | CN¥3.91 Billion | +20.51% |
| 2011-12-31 | CN¥3.24 Billion | +11.57% |
| 2010-12-31 | CN¥2.91 Billion | +143.65% |
| 2009-12-31 | CN¥1.19 Billion | +21.88% |
| 2008-12-31 | CN¥978.39 Million | +24.11% |
| 2007-12-31 | CN¥788.30 Million | -- |