Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) - 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. Check 301008 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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. Check 301008 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see 301008 market cap.
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 |
|---|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
China | CN¥9.59 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
China | CN¥12.26 Billion |
|
Taiwan Union Technology
TWO:6274
|
Taiwan | NT$44.26 Billion |
|
Daeduck Electronics Co Ltd
KO:353200
|
Korea | ₩1.20 Trillion |
|
Suzhou HYC Technology Co Ltd
SHG:688001
|
China | CN¥5.70 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
China | CN¥7.48 Billion |
|
Wuhu Token Sciences
SHE:300088
|
China | CN¥17.76 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 | 0.24 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | CN¥2.05 Billion |
| Market Capitalization | $482.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Hongchang Electrical Technology Co. Ltd.'s assets below their book value (0.24x), 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.
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