Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) - Total Assets

Latest as of September 2025: CN¥1.77 Billion CNY ≈ $259.00 Million USD

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 (≈ $259.00 Million USD) 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. Explore cash flow to debt ratio of Zhejiang Merit Interactive Network Techn to assess how comfortably operating cash covers total debt obligations.

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. See net assets of Zhejiang Merit Interactive Network Techn for net asset value and shareholders' equity analysis.

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. For live market cap, price, and company overview, see how much is Zhejiang Merit Interactive Network Techn worth.

Show as percentage

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
Verizon Communications Inc NYSE:VZ	USA	$417.88 Billion
1&1 AG XETRA:1U1	Germany	€8.55 Billion
HELLENIC TELEC.ORG.ADR1/2 F:OTES	Germany	€5.04 Billion
China Bester Group Telecom Co Ltd SHG:603220	China	CN¥9.95 Billion
Empresa Nacional de Telecomunicaciones SA SN:ENTEL	Chile	CL$5.63 Trillion
Wuxi Online Offline Communication Information Technology Co. Ltd. SHE:300959	China	CN¥1.33 Billion
Tuas Ltd AU:TUA	Australia	AU$498.37 Million
Inti Bangun Sejahtera Tbk JK:IBST	Indonesia	Rp4.35 Trillion

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	0.77
Asset Growth Rate (YoY)	-9.1%
Total Assets	CN¥1.85 Billion
Market Capitalization	$1.42 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 (0.77x), 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 ≈ $271.13 Million	-9.14%
2023-12-31	CN¥2.04 Billion ≈ $298.42 Million	-5.19%
2022-12-31	CN¥2.15 Billion ≈ $314.76 Million	+2.36%
2021-12-31	CN¥2.10 Billion ≈ $307.51 Million	+1.86%
2020-12-31	CN¥2.06 Billion ≈ $301.90 Million	+13.83%
2019-12-31	CN¥1.81 Billion ≈ $265.23 Million	+48.29%
2018-12-31	CN¥1.22 Billion ≈ $178.85 Million	+30.01%
2017-12-31	CN¥940.14 Million ≈ $137.57 Million	+23.51%
2016-12-31	CN¥761.19 Million ≈ $111.39 Million	+40.19%
2015-12-31	CN¥542.96 Million ≈ $79.45 Million	+1111.98%
2014-12-31	CN¥44.80 Million ≈ $6.56 Million	--

About Zhejiang Merit Interactive Network Technology Co Ltd Class A

SHE:300766 China Telecom Services

Market Cap

$1.42 Billion

CN¥9.73 Billion CNY

Market Cap Rank

#7431 Global

#1632 in China

Share Price

CN¥24.64

Change (1 day)

-0.04%

52-Week Range

CN¥19.75 - CN¥50.35

All Time High

CN¥70.11