Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co., Ltd. researches, develops, produces, and sells customized forgings for large and medium-sized high-end equipment in China and internationally. The company's principal products include oil and gas equipment, wind power equipment, mechanical equipment, pressure vessel forgings, and other forgings. Its products are used in oil and gas explo… Read more
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) - Total Assets
Latest total assets as of June 2025: CN¥2.65 Billion CNY
Based on the latest financial reports, Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) holds total assets worth CN¥2.65 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.
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s total assets of CN¥2.65 Billion consist of 66.8% current assets and 33.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.2% |
| Accounts Receivable | CN¥531.33 Million | 22.5% |
| Inventory | CN¥506.14 Million | 21.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥77.27 Million | 3.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhangjiagang Haiguo New Energy Equipment Manufacturing 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: Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s current assets represent 66.8% of total assets in 2024, a decrease from 75.1% in 2019.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, up from 9.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 22.5% of total assets.
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. Competitors by Total Assets
Key competitors of Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 - Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. generates 0.57x 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, Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. generates $ 1.41 in net profit.
Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 | 1.74 | 1.96 | 2.20 |
| Quick Ratio | 1.23 | 1.42 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥786.13 Million | CN¥ 794.01 Million | CN¥ 723.57 Million |
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 6.6% |
| Total Assets | CN¥2.36 Billion |
| Market Capitalization | $187.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.'s assets grew by 6.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (2019–2024)
The table below shows the annual total assets of Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.36 Billion | +6.64% |
| 2023-12-31 | CN¥2.22 Billion | +30.04% |
| 2022-12-31 | CN¥1.71 Billion | +5.86% |
| 2021-12-31 | CN¥1.61 Billion | +48.50% |
| 2020-12-31 | CN¥1.08 Billion | +25.50% |
| 2019-12-31 | CN¥864.28 Million | -- |