Qingdao Hengshun Zhongsheng
Qingdao Zhongzi Zhongcheng Group Co.,Ltd. engages in the research and development, manufacture, and sale of power and harmonic pollution control equipment in China and internationally. It offers green power grid products, such as high voltage shunt and filter capacitors; and magnetically controlled static var compensation devices. The company also invests in the construction of power plants, and … Read more
Qingdao Hengshun Zhongsheng (300208) - Total Assets
Latest total assets as of March 2025: CN¥2.51 Billion CNY
Based on the latest financial reports, Qingdao Hengshun Zhongsheng (300208) holds total assets worth CN¥2.51 Billion CNY as of March 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.
Qingdao Hengshun Zhongsheng - Total Assets Trend (2008–2024)
This chart illustrates how Qingdao Hengshun Zhongsheng’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qingdao Hengshun Zhongsheng - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Hengshun Zhongsheng's total assets of CN¥2.51 Billion consist of 57.7% current assets and 42.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.9% |
| Accounts Receivable | CN¥548.68 Million | 20.9% |
| Inventory | CN¥23.62 Million | 0.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥566.70 Million | 21.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Qingdao Hengshun Zhongsheng'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: Qingdao Hengshun Zhongsheng's current assets represent 57.7% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2024, down from 19.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 2.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 21.5% of total assets.
Qingdao Hengshun Zhongsheng Competitors by Total Assets
Key competitors of Qingdao Hengshun Zhongsheng based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 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 |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 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 |
Qingdao Hengshun Zhongsheng - 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
Lower asset utilization - Qingdao Hengshun Zhongsheng generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Qingdao Hengshun Zhongsheng is currently not profitable relative to its asset base.
Qingdao Hengshun Zhongsheng - 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 | 0.64 | 0.56 | 1.42 |
| Quick Ratio | 0.63 | 0.55 | 1.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-801.09 Million | CN¥ -1.40 Billion | CN¥ 1.13 Billion |
Qingdao Hengshun Zhongsheng - Advanced Valuation Insights
This section examines the relationship between Qingdao Hengshun Zhongsheng'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 | 2.43 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -17.3% |
| Total Assets | CN¥2.63 Billion |
| Market Capitalization | $12.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Hengshun Zhongsheng's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qingdao Hengshun Zhongsheng's assets decreased by 17.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qingdao Hengshun Zhongsheng (2008–2024)
The table below shows the annual total assets of Qingdao Hengshun Zhongsheng from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.63 Billion | -17.35% |
| 2023-12-31 | CN¥3.18 Billion | -23.72% |
| 2022-12-31 | CN¥4.17 Billion | -0.65% |
| 2021-12-31 | CN¥4.20 Billion | -8.70% |
| 2020-12-31 | CN¥4.60 Billion | -19.94% |
| 2019-12-31 | CN¥5.75 Billion | +12.93% |
| 2018-12-31 | CN¥5.09 Billion | +30.75% |
| 2017-12-31 | CN¥3.89 Billion | +40.24% |
| 2016-12-31 | CN¥2.78 Billion | +29.88% |
| 2015-12-31 | CN¥2.14 Billion | +48.69% |
| 2014-12-31 | CN¥1.44 Billion | +20.87% |
| 2013-12-31 | CN¥1.19 Billion | +13.28% |
| 2012-12-31 | CN¥1.05 Billion | +22.11% |
| 2011-12-31 | CN¥859.49 Million | +154.16% |
| 2010-12-31 | CN¥338.18 Million | +34.35% |
| 2009-12-31 | CN¥251.71 Million | -8.60% |
| 2008-12-31 | CN¥275.40 Million | -- |