Zhejiang Canaan Technology Co Ltd (300412) - Total Assets
Based on the latest financial reports, Zhejiang Canaan Technology Co Ltd (300412) holds total assets worth CN¥2.53 Billion CNY (≈ $370.92 Million USD) as of March 2026. 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. Explore how well can Zhejiang Canaan Technology Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Zhejiang Canaan Technology Co Ltd - Total Assets Trend (2011–2025)
This chart illustrates how Zhejiang Canaan Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Zhejiang Canaan Technology Co Ltd for net asset value and shareholders' equity analysis.
Zhejiang Canaan Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Zhejiang Canaan Technology Co Ltd's total assets of CN¥2.53 Billion consist of 69.9% current assets and 30.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.0% |
| Accounts Receivable | CN¥343.08 Million | 13.6% |
| Inventory | CN¥665.17 Million | 26.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥96.50 Million | 3.8% |
| Goodwill | CN¥22.36 Million | 0.9% |
Asset Composition Trend (2011–2025)
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. For live market cap, price, and company overview, see 300412 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Canaan Technology Co Ltd's current assets represent 69.9% of total assets in 2025, a decrease from 73.4% in 2011.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, down from 27.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 10.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 26.3% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
China | CN¥10.81 Billion |
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 | 1.32 | 1.46 | 1.57 |
| Quick Ratio | 0.78 | 0.77 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥429.19 Million | CN¥485.37 Million | CN¥515.82 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥2.53 Billion |
| Market Capitalization | $300.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Canaan Technology Co Ltd's assets below their book value (0.12x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Canaan Technology Co Ltd's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Canaan Technology Co Ltd (2011–2025)
The table below shows the annual total assets of Zhejiang Canaan Technology Co Ltd from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.53 Billion ≈ $370.48 Million |
+2.01% |
| 2024-12-31 | CN¥2.48 Billion ≈ $363.17 Million |
-4.47% |
| 2023-12-31 | CN¥2.60 Billion ≈ $380.15 Million |
+3.91% |
| 2022-12-31 | CN¥2.50 Billion ≈ $365.83 Million |
+8.07% |
| 2021-12-31 | CN¥2.31 Billion ≈ $338.52 Million |
+31.59% |
| 2020-12-31 | CN¥1.76 Billion ≈ $257.26 Million |
+15.88% |
| 2019-12-31 | CN¥1.52 Billion ≈ $222.01 Million |
+11.42% |
| 2018-12-31 | CN¥1.36 Billion ≈ $199.26 Million |
+12.90% |
| 2017-12-31 | CN¥1.21 Billion ≈ $176.49 Million |
+19.53% |
| 2016-12-31 | CN¥1.01 Billion ≈ $147.64 Million |
+87.54% |
| 2015-12-31 | CN¥538.00 Million ≈ $78.73 Million |
+18.20% |
| 2014-12-31 | CN¥455.17 Million ≈ $66.61 Million |
+91.46% |
| 2013-12-31 | CN¥237.73 Million ≈ $34.79 Million |
+18.76% |
| 2012-12-31 | CN¥200.17 Million ≈ $29.29 Million |
+20.82% |
| 2011-12-31 | CN¥165.69 Million ≈ $24.24 Million |
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About 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