Zhonghang Electronic Measuring Instruments Co Ltd

SHE:300114 China Aerospace & Defense
Market Cap
$26.33 Billion
CN¥193.21 Billion CNY
Market Cap Rank
#4152 Global
#410 in China
Share Price
CN¥72.18
Change (1 day)
+0.00%
52-Week Range
CN¥72.18 - CN¥72.18
All Time High
CN¥93.21
About

AVIC Chengdu Aircraft Company Limited provides intelligent measurement and control products for military and civilian fields in China and internationally. It offers resistance strain gauges, strain gauge based sensors, industrial weighing equipment, precision fluid control equipment, instrument and indicator, logistics weighing, intelligent transportation, and digital smart factory. Its products … Read more

Zhonghang Electronic Measuring Instruments Co Ltd (300114) - Total Assets

Latest total assets as of December 2024: CN¥4.24 Billion CNY

Based on the latest financial reports, Zhonghang Electronic Measuring Instruments Co Ltd (300114) holds total assets worth CN¥4.24 Billion CNY as of December 2024.

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.

Zhonghang Electronic Measuring Instruments Co Ltd - Total Assets Trend (2007–2024)

This chart illustrates how Zhonghang Electronic Measuring Instruments Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhonghang Electronic Measuring Instruments Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhonghang Electronic Measuring Instruments Co Ltd's total assets of CN¥4.24 Billion consist of 58.9% current assets and 41.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 8.4%
Accounts Receivable CN¥1.15 Billion 27.1%
Inventory CN¥692.40 Million 16.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥180.52 Million 4.3%
Goodwill CN¥30.24 Million 0.7%

Asset Composition Trend (2007–2024)

This chart illustrates how Zhonghang Electronic Measuring Instruments 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: Zhonghang Electronic Measuring Instruments Co Ltd's current assets represent 58.9% of total assets in 2024, an increase from 0.0% in 2007.
  • Cash Position: Cash and equivalents constituted 8.4% of total assets in 2024, down from 15.1% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 5.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 27.1% of total assets.

Zhonghang Electronic Measuring Instruments Co Ltd Competitors by Total Assets

Key competitors of Zhonghang Electronic Measuring Instruments Co Ltd based on total assets are shown below.

Zhonghang Electronic Measuring Instruments 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: 0.42 - 0.67

Moderate asset utilization - Zhonghang Electronic Measuring Instruments Co Ltd generates 0.42x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.47% - 9.31%

Moderate ROA - For every $100 in assets, Zhonghang Electronic Measuring Instruments Co Ltd generates $ 2.65 in net profit.

Zhonghang Electronic Measuring Instruments 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 2.12 2.05 2.36
Quick Ratio 1.53 1.47 1.74
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.32 Billion CN¥ 1.20 Billion CN¥ 954.82 Million

Zhonghang Electronic Measuring Instruments Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhonghang Electronic Measuring Instruments 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 77.25
Latest Market Cap to Assets Ratio 0.65
Asset Growth Rate (YoY) 6.7%
Total Assets CN¥4.24 Billion
Market Capitalization $2.74 Billion USD

Valuation Analysis

Below Book Valuation: The market values Zhonghang Electronic Measuring Instruments Co Ltd's assets below their book value (0.65 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhonghang Electronic Measuring Instruments Co Ltd's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhonghang Electronic Measuring Instruments Co Ltd (2007–2024)

The table below shows the annual total assets of Zhonghang Electronic Measuring Instruments Co Ltd from 2007 to 2024.

Year Total Assets Change
2024-12-31 CN¥4.24 Billion +6.69%
2023-12-31 CN¥3.97 Billion +8.77%
2022-12-31 CN¥3.65 Billion +10.77%
2021-12-31 CN¥3.30 Billion +12.48%
2020-12-31 CN¥2.93 Billion +17.89%
2019-12-31 CN¥2.49 Billion +20.60%
2018-12-31 CN¥2.06 Billion -6.71%
2017-12-31 CN¥2.21 Billion +14.32%
2016-12-31 CN¥1.93 Billion +6.86%
2015-12-31 CN¥1.81 Billion +9.35%
2014-12-31 CN¥1.66 Billion +40.58%
2013-12-31 CN¥1.18 Billion +12.45%
2012-12-31 CN¥1.05 Billion +11.91%
2011-12-31 CN¥935.65 Million +16.56%
2010-12-31 CN¥802.69 Million +121.52%
2009-12-31 CN¥362.36 Million +14.41%
2008-12-31 CN¥316.73 Million +11.07%
2007-12-31 CN¥285.17 Million --