Zhejiang Meili High Technology Co Ltd (300611) - Total Assets
Based on the latest financial reports, Zhejiang Meili High Technology Co Ltd (300611) holds total assets worth CN¥5.11 Billion CNY (≈ $747.33 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. See net assets of Zhejiang Meili High Technology Co Ltd for net asset value and shareholders' equity analysis.
Zhejiang Meili High Technology Co Ltd - Total Assets Trend (2012–2025)
This chart illustrates how Zhejiang Meili High Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Check asset resilience ratio of Zhejiang Meili High Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Zhejiang Meili High Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Zhejiang Meili High Technology Co Ltd's total assets of CN¥5.11 Billion consist of 59.6% current assets and 40.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.3% |
| Accounts Receivable | CN¥586.34 Million | 22.1% |
| Inventory | CN¥354.26 Million | 13.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥167.10 Million | 6.3% |
| Goodwill | CN¥10.78 Million | 0.4% |
Asset Composition Trend (2012–2025)
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. For live market cap, price, and company overview, see 300611 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Meili High Technology Co Ltd's current assets represent 59.6% of total assets in 2025, an increase from 47.3% in 2012.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2025, up from 4.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 5.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 22.1% 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 |
|---|---|---|
|
Hiwin Technologies Corp
TW:2049
|
Taiwan | NT$54.18 Billion |
|
Junhe Pumps Holding Co Ltd
SHG:603617
|
China | CN¥2.42 Billion |
|
Gongin Precision Industrial Co Ltd
TWO:3178
|
Taiwan | NT$2.71 Billion |
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.31 Million |
|
Richelieu Hardware Ltd.
TO:RCH
|
Canada | CA$1.45 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
China | CN¥5.21 Billion |
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 | 1.14 | 1.56 | 2.06 |
| Quick Ratio | 0.81 | 1.17 | 1.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥325.20 Million | CN¥467.32 Million | CN¥451.53 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 | 4.22 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 22.4% |
| Total Assets | CN¥2.66 Billion |
| Market Capitalization | $849.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Meili High Technology Co Ltd's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Meili High Technology Co Ltd's assets grew by 22.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Meili High Technology Co Ltd (2012–2025)
The table below shows the annual total assets of Zhejiang Meili High Technology Co Ltd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.66 Billion ≈ $388.88 Million |
+22.43% |
| 2024-12-31 | CN¥2.17 Billion ≈ $317.64 Million |
+2.79% |
| 2023-12-31 | CN¥2.11 Billion ≈ $309.02 Million |
+7.25% |
| 2022-12-31 | CN¥1.97 Billion ≈ $288.15 Million |
+7.29% |
| 2021-12-31 | CN¥1.84 Billion ≈ $268.57 Million |
+55.10% |
| 2020-12-31 | CN¥1.18 Billion ≈ $173.16 Million |
+8.27% |
| 2019-12-31 | CN¥1.09 Billion ≈ $159.93 Million |
+7.37% |
| 2018-12-31 | CN¥1.02 Billion ≈ $148.96 Million |
+19.03% |
| 2017-12-31 | CN¥855.24 Million ≈ $125.15 Million |
+47.64% |
| 2016-12-31 | CN¥579.27 Million ≈ $84.77 Million |
+25.80% |
| 2015-12-31 | CN¥460.45 Million ≈ $67.38 Million |
+21.82% |
| 2014-12-31 | CN¥377.97 Million ≈ $55.31 Million |
+27.31% |
| 2013-12-31 | CN¥296.89 Million ≈ $43.44 Million |
+29.11% |
| 2012-12-31 | CN¥229.95 Million ≈ $33.65 Million |
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About 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