Zhejiang Canaan Technology Co Ltd
Zhejiang Canaan Technology Limited engages in the research and development, production, and sale of pharmaceutical equipment in China and internationally. The company offers preprocessing module, hybrid module, packaging, attachment, granulation, material transport, cleaning, continuous manufacturing, container, freeze drying system, and fluid module products. It also provides EPCMV turnkey, soli… Read more
Zhejiang Canaan Technology Co Ltd (300412) - Total Assets
Latest total assets as of September 2025: CN¥2.46 Billion CNY
Based on the latest financial reports, Zhejiang Canaan Technology Co Ltd (300412) holds total assets worth CN¥2.46 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 Canaan Technology Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Canaan Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Canaan Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Canaan Technology Co Ltd's total assets of CN¥2.46 Billion consist of 67.8% current assets and 32.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.6% |
| Accounts Receivable | CN¥524.11 Million | 21.1% |
| Inventory | CN¥747.83 Million | 30.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥99.81 Million | 4.0% |
| Goodwill | CN¥25.83 Million | 1.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Canaan 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: Zhejiang Canaan Technology Co Ltd's current assets represent 67.8% of total assets in 2024, a decrease from 73.4% in 2011.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, down from 27.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 10.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 30.1% of total assets.
Zhejiang Canaan Technology Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Canaan Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Zhejiang Canaan 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 - Zhejiang Canaan Technology Co Ltd generates 0.56x 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, Zhejiang Canaan Technology Co Ltd generates $ 1.46 in net profit.
Zhejiang Canaan 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 | 1.37 | 1.31 | 1.59 |
| Quick Ratio | 0.75 | 0.63 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥453.28 Million | CN¥ 422.28 Million | CN¥ 504.89 Million |
Zhejiang Canaan Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Canaan 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 | 2.81 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | CN¥2.48 Billion |
| Market Capitalization | $262.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Canaan Technology Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Canaan Technology Co Ltd's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Canaan Technology Co Ltd (2011–2024)
The table below shows the annual total assets of Zhejiang Canaan Technology Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.48 Billion | -4.47% |
| 2023-12-31 | CN¥2.60 Billion | +3.91% |
| 2022-12-31 | CN¥2.50 Billion | +8.07% |
| 2021-12-31 | CN¥2.31 Billion | +31.59% |
| 2020-12-31 | CN¥1.76 Billion | +15.88% |
| 2019-12-31 | CN¥1.52 Billion | +11.42% |
| 2018-12-31 | CN¥1.36 Billion | +12.90% |
| 2017-12-31 | CN¥1.21 Billion | +19.53% |
| 2016-12-31 | CN¥1.01 Billion | +87.54% |
| 2015-12-31 | CN¥538.00 Million | +18.20% |
| 2014-12-31 | CN¥455.17 Million | +91.46% |
| 2013-12-31 | CN¥237.73 Million | +18.76% |
| 2012-12-31 | CN¥200.17 Million | +20.82% |
| 2011-12-31 | CN¥165.69 Million | -- |