Zhejiang Xinchai Co. Ltd. (301032) - Total Assets
Based on the latest financial reports, Zhejiang Xinchai Co. Ltd. (301032) holds total assets worth CN¥2.85 Billion CNY (≈ $417.66 Million USD) as of June 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. See 301032 total equity for net asset value and shareholders' equity analysis.
Zhejiang Xinchai Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Zhejiang Xinchai Co. Ltd.'s total assets have evolved over time, based on quarterly financial data.
Zhejiang Xinchai Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Xinchai Co. Ltd.'s total assets of CN¥2.85 Billion consist of 78.6% current assets and 21.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.8% |
| Accounts Receivable | CN¥212.55 Million | 8.1% |
| Inventory | CN¥454.67 Million | 17.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥62.10 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang Xinchai 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 301032 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Xinchai Co. Ltd.'s current assets represent 78.6% of total assets in 2024, an increase from 68.2% in 2019.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, up from 13.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 17.4% of total assets.
Zhejiang Xinchai Co. Ltd. Competitors by Total Assets
Key competitors of Zhejiang Xinchai Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Zhejiang Xinchai 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 | 1.44 | 1.41 | 1.33 |
| Quick Ratio | 1.20 | 1.12 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥709.10 Million | CN¥616.18 Million | CN¥486.09 Million |
Zhejiang Xinchai Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang Xinchai 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 | 2.31 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | CN¥2.61 Billion |
| Market Capitalization | $456.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Xinchai Co. Ltd.'s assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Xinchai Co. Ltd.'s assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Xinchai Co. Ltd. (2019–2024)
The table below shows the annual total assets of Zhejiang Xinchai Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.61 Billion ≈ $382.14 Million |
-1.49% |
| 2023-12-31 | CN¥2.65 Billion ≈ $387.94 Million |
+10.50% |
| 2022-12-31 | CN¥2.40 Billion ≈ $351.07 Million |
-3.47% |
| 2021-12-31 | CN¥2.49 Billion ≈ $363.70 Million |
-3.36% |
| 2020-12-31 | CN¥2.57 Billion ≈ $376.36 Million |
+30.52% |
| 2019-12-31 | CN¥1.97 Billion ≈ $288.35 Million |
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About Zhejiang Xinchai Co. Ltd.
Zhejiang Xinchai Co.,Ltd engages in the research and development, manufacturing, and sale of multi-cylinder diesel engines in China. It offers forklift engines, construction machinery, agricultural engines, gensets engines, and generator sets. The company also exports its products to the Southeast Asia, the Middle East, Europe, the United States, Africa, and internationally. Zhejiang Xinchai Co.,… Read more