Zhejiang Huilong New Materials Co.Ltd.
Zhejiang Huilong New Materials Co.,Ltd. engages in the research and development, production, and sale of solution-dyed fibers in China and internationally. The company offers colored polyester filament yarns, such as draw texturing yarns, fully drawn yarns, and partially oriented yarns. It also provides outdoor camping, traffic interio, sports clothing, and home spinning solutions. Zhejiang Huilo… Read more
Zhejiang Huilong New Materials Co.Ltd. (301057) - Total Assets
Latest total assets as of June 2025: CN¥1.57 Billion CNY
Based on the latest financial reports, Zhejiang Huilong New Materials Co.Ltd. (301057) holds total assets worth CN¥1.57 Billion CNY 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.
Zhejiang Huilong New Materials Co.Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Zhejiang Huilong New Materials Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Huilong New Materials Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Huilong New Materials Co.Ltd.'s total assets of CN¥1.57 Billion consist of 31.6% current assets and 68.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.3% |
| Accounts Receivable | CN¥52.29 Million | 4.2% |
| Inventory | CN¥171.40 Million | 13.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥121.81 Million | 9.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang Huilong New Materials 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 Huilong New Materials Co.Ltd.'s current assets represent 31.6% of total assets in 2024, a decrease from 48.4% in 2019.
- Cash Position: Cash and equivalents constituted 7.3% of total assets in 2024, down from 9.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 3.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 13.9% of total assets.
Zhejiang Huilong New Materials Co.Ltd. Competitors by Total Assets
Key competitors of Zhejiang Huilong New Materials Co.Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Zhejiang Huilong New Materials 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 Huilong New Materials Co.Ltd. generates 0.68x 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 Huilong New Materials Co.Ltd. generates $ 2.50 in net profit.
Zhejiang Huilong New Materials 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 | 1.17 | 1.73 | 5.30 |
| Quick Ratio | 0.72 | 0.95 | 3.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥67.72 Million | CN¥ 141.08 Million | CN¥ 305.51 Million |
Zhejiang Huilong New Materials Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang Huilong New Materials 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 | 7.02 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 38.0% |
| Total Assets | CN¥1.24 Billion |
| Market Capitalization | $284.60 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Huilong New Materials Co.Ltd.'s assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Huilong New Materials Co.Ltd.'s assets grew by 38.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Huilong New Materials Co.Ltd. (2019–2024)
The table below shows the annual total assets of Zhejiang Huilong New Materials Co.Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.24 Billion | +38.04% |
| 2023-12-31 | CN¥896.39 Million | +17.76% |
| 2022-12-31 | CN¥761.21 Million | +10.43% |
| 2021-12-31 | CN¥689.34 Million | +59.18% |
| 2020-12-31 | CN¥433.06 Million | +7.09% |
| 2019-12-31 | CN¥404.37 Million | -- |