Zhejiang Hongchang Electrical Technology Co. Ltd.
Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, smart toilets, water purifiers; and machine water level sensor. It also offers door lock for washing machine; high and low pressure switch for water purif… Read more
Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) - Total Assets
Latest total assets as of September 2025: CN¥2.19 Billion CNY
Based on the latest financial reports, Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) holds total assets worth CN¥2.19 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 Hongchang Electrical Technology Co. Ltd. - Total Assets Trend (2017–2024)
This chart illustrates how Zhejiang Hongchang Electrical Technology Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Hongchang Electrical Technology Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Hongchang Electrical Technology Co. Ltd.'s total assets of CN¥2.19 Billion consist of 74.0% current assets and 26.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.2% |
| Accounts Receivable | CN¥582.71 Million | 28.4% |
| Inventory | CN¥152.23 Million | 7.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥64.53 Million | 3.2% |
| Goodwill | CN¥13.59 Million | 0.7% |
Asset Composition Trend (2017–2024)
This chart illustrates how Zhejiang Hongchang Electrical 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 Hongchang Electrical Technology Co. Ltd.'s current assets represent 74.0% of total assets in 2024, an increase from 62.9% in 2017.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2024, up from 8.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 28.4% of total assets.
Zhejiang Hongchang Electrical Technology Co. Ltd. Competitors by Total Assets
Key competitors of Zhejiang Hongchang Electrical Technology Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DukSan Neolux Co.Ltd
KQ:213420
|
Korea | ₩682.28 Billion |
|
Gmt Global Inc.
TWO:4573
|
Taiwan | NT$1.75 Billion |
|
Hanchem Co,. Ltd.
KQ:457370
|
Korea | ₩63.76 Billion |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
Zhejiang Hongchang Electrical 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
Moderate asset utilization - Zhejiang Hongchang Electrical Technology Co. Ltd. generates 0.50x 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 Hongchang Electrical Technology Co. Ltd. generates $ 2.56 in net profit.
Zhejiang Hongchang Electrical 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 | 2.39 | 2.89 | 1.64 |
| Quick Ratio | 2.08 | 2.57 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥930.71 Million | CN¥ 964.89 Million | CN¥ 194.65 Million |
Zhejiang Hongchang Electrical Technology Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang Hongchang Electrical 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 | 2.92 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | CN¥2.05 Billion |
| Market Capitalization | $236.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Hongchang Electrical Technology Co. Ltd.'s assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Hongchang Electrical Technology Co. Ltd.'s assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
The table below shows the annual total assets of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.05 Billion | +1.49% |
| 2023-12-31 | CN¥2.02 Billion | +34.41% |
| 2022-12-31 | CN¥1.50 Billion | +9.09% |
| 2021-12-31 | CN¥1.38 Billion | +99.29% |
| 2020-12-31 | CN¥691.77 Million | +15.84% |
| 2019-12-31 | CN¥597.17 Million | +29.12% |
| 2018-12-31 | CN¥462.49 Million | -1.45% |
| 2017-12-31 | CN¥469.28 Million | -- |