Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products in China and internationally. The company offers suspension system springs, body and interior system springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, precision injection molded parts, fin… Read more
Zhejiang Meili High Technology Co Ltd (300611) - Total Assets
Latest total assets as of September 2025: CN¥2.41 Billion CNY
Based on the latest financial reports, Zhejiang Meili High Technology Co Ltd (300611) holds total assets worth CN¥2.41 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 Meili High Technology Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Zhejiang Meili High Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Meili High Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Meili High Technology Co Ltd's total assets of CN¥2.41 Billion consist of 55.3% current assets and 44.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.9% |
| Accounts Receivable | CN¥688.76 Million | 31.7% |
| Inventory | CN¥286.55 Million | 13.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥110.56 Million | 5.1% |
| Goodwill | CN¥10.78 Million | 0.5% |
Asset Composition Trend (2012–2024)
This chart illustrates how Zhejiang Meili High 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 Meili High Technology Co Ltd's current assets represent 55.3% of total assets in 2024, an increase from 47.3% in 2012.
- Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, up from 4.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 31.7% of total assets.
Zhejiang Meili High Technology Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Meili High Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Zhejiang Meili High 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
Strong asset utilization - Zhejiang Meili High Technology Co Ltd generates 0.74x 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 Meili High Technology Co Ltd generates $ 4.91 in net profit.
Zhejiang Meili High 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 | 1.44 | 1.78 | 1.30 |
| Quick Ratio | 1.05 | 1.34 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥414.31 Million | CN¥ 513.28 Million | CN¥ 131.57 Million |
Zhejiang Meili High Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Meili High 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 | 4.58 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | CN¥2.17 Billion |
| Market Capitalization | $474.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Meili High Technology Co Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Meili High Technology Co Ltd's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Meili High Technology Co Ltd (2012–2024)
The table below shows the annual total assets of Zhejiang Meili High Technology Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion | +2.79% |
| 2023-12-31 | CN¥2.11 Billion | +7.25% |
| 2022-12-31 | CN¥1.97 Billion | +7.29% |
| 2021-12-31 | CN¥1.84 Billion | +55.10% |
| 2020-12-31 | CN¥1.18 Billion | +8.27% |
| 2019-12-31 | CN¥1.09 Billion | +7.37% |
| 2018-12-31 | CN¥1.02 Billion | +19.03% |
| 2017-12-31 | CN¥855.24 Million | +47.64% |
| 2016-12-31 | CN¥579.27 Million | +25.80% |
| 2015-12-31 | CN¥460.45 Million | +21.82% |
| 2014-12-31 | CN¥377.97 Million | +27.31% |
| 2013-12-31 | CN¥296.89 Million | +29.11% |
| 2012-12-31 | CN¥229.95 Million | -- |