Zhejiang Merit Interactive Network Technology Co Ltd Class A
Merit Interactive Co.,Ltd. operates as a professional data intelligent service provider in China. It provides push messaging, one-click authentication, and visual intelligent tools; and marketing counting and population counting data studio tools. The company also operates user insight and data analysis platform, and message centers. In addition, it offers data middle office, brand marketing, int… Read more
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) - Total Assets
Latest total assets as of September 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) holds total assets worth CN¥1.77 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 Merit Interactive Network Technology Co Ltd Class A - Total Assets Trend (2014–2024)
This chart illustrates how Zhejiang Merit Interactive Network Technology Co Ltd Class A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Merit Interactive Network Technology Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Merit Interactive Network Technology Co Ltd Class A's total assets of CN¥1.77 Billion consist of 35.4% current assets and 64.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.5% |
| Accounts Receivable | CN¥180.96 Million | 9.8% |
| Inventory | CN¥16.09 Million | 0.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥193.31 Million | 10.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Zhejiang Merit Interactive Network Technology Co Ltd Class A'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 Merit Interactive Network Technology Co Ltd Class A's current assets represent 35.4% of total assets in 2024, a decrease from 92.0% in 2014.
- Cash Position: Cash and equivalents constituted 21.5% of total assets in 2024, down from 69.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 10.4% of total assets.
Zhejiang Merit Interactive Network Technology Co Ltd Class A Competitors by Total Assets
Key competitors of Zhejiang Merit Interactive Network Technology Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Zhejiang Merit Interactive Network Technology Co Ltd Class A - 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 - Zhejiang Merit Interactive Network Technology Co Ltd Class A generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Merit Interactive Network Technology Co Ltd Class A is currently not profitable relative to its asset base.
Zhejiang Merit Interactive Network Technology Co Ltd Class A - 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 | 2.99 | 4.08 | 5.72 |
| Quick Ratio | 2.87 | 3.95 | 5.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥354.03 Million | CN¥ 511.47 Million | CN¥ 1.24 Billion |
Zhejiang Merit Interactive Network Technology Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between Zhejiang Merit Interactive Network Technology Co Ltd Class A'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 | 12.66 |
| Latest Market Cap to Assets Ratio | 0.79 |
| Asset Growth Rate (YoY) | -9.1% |
| Total Assets | CN¥1.85 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Merit Interactive Network Technology Co Ltd Class A's assets below their book value (0.79 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Merit Interactive Network Technology Co Ltd Class A's assets decreased by 9.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2014–2024)
The table below shows the annual total assets of Zhejiang Merit Interactive Network Technology Co Ltd Class A from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion | -9.14% |
| 2023-12-31 | CN¥2.04 Billion | -5.19% |
| 2022-12-31 | CN¥2.15 Billion | +2.36% |
| 2021-12-31 | CN¥2.10 Billion | +1.86% |
| 2020-12-31 | CN¥2.06 Billion | +13.83% |
| 2019-12-31 | CN¥1.81 Billion | +48.29% |
| 2018-12-31 | CN¥1.22 Billion | +30.01% |
| 2017-12-31 | CN¥940.14 Million | +23.51% |
| 2016-12-31 | CN¥761.19 Million | +40.19% |
| 2015-12-31 | CN¥542.96 Million | +1111.98% |
| 2014-12-31 | CN¥44.80 Million | -- |