Zhejiang Hongchang Electrical Technology Co. Ltd. Total Assets

Latest as of September 2025: CN¥2.19 Billion CNY ≈ $321.07 Million USD

Zhejiang Hongchang Electrical Technology Co. Ltd. total assets. Based on the latest financial reports, Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) holds total assets worth CN¥2.19 Billion CNY (≈ $321.07 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. Also see Zhejiang Hongchang Electrical Technology market capitalisation for the company's overall valuation and market capitalisation.

Total Assets of Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)

Total assets of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024. This chart illustrates how Zhejiang Hongchang Electrical Technology Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. See 301008 share price today for real-time trading data and today's change.

Zhejiang Hongchang Electrical Technology Co. Ltd. - Asset Composition Analysis

Zhejiang Hongchang Electrical Technology Co. Ltd. Total Assets Breakdown (December 2024)

Zhejiang Hongchang Electrical Technology Co. Ltd. total assets breakdown as of 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. Explore 301008 working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.

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
Uniflex Technology Inc
TW:3321
Taiwan NT$2.05 Billion
WUS Printed Circuit Kunshan Co Ltd
SHE:002463
China CN¥26.31 Billion
Lingyi iTech Guangdong Co
SHE:002600
China CN¥56.23 Billion
FOSITEK CORP
TW:6805
Taiwan NT$16.21 Billion
Zhejiang Huazheng New Material
SHG:603186
China CN¥6.65 Billion
EZconn Corp
TW:6442
Taiwan NT$15.07 Billion
Fujian Huoju Electronic
SHG:603678
China CN¥10.03 Billion
Xiamen Leading Optics Co Ltd
SHG:605118
China CN¥1.80 Billion

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 0.31
Asset Growth Rate (YoY) 1.5%
Total Assets CN¥2.05 Billion
Market Capitalization $643.15 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Hongchang Electrical Technology Co. Ltd.'s assets below their book value (0.31x), 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
≈ $300.22 Million
+1.49%
2023-12-31 CN¥2.02 Billion
≈ $295.81 Million
+34.41%
2022-12-31 CN¥1.50 Billion
≈ $220.08 Million
+9.09%
2021-12-31 CN¥1.38 Billion
≈ $201.74 Million
+99.29%
2020-12-31 CN¥691.77 Million
≈ $101.23 Million
+15.84%
2019-12-31 CN¥597.17 Million
≈ $87.39 Million
+29.12%
2018-12-31 CN¥462.49 Million
≈ $67.68 Million
-1.45%
2017-12-31 CN¥469.28 Million
≈ $68.67 Million
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About Zhejiang Hongchang Electrical Technology Co. Ltd.

SHE:301008 China Electronic Components
Market Cap
$643.15 Million
CN¥4.40 Billion CNY
Market Cap Rank
#10691 Global
#2864 in China
Share Price
CN¥33.56
Change (1 day)
+5.34%
52-Week Range
CN¥23.96 - CN¥60.23
All Time High
CN¥60.23
About

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