Zhejiang Hengwei Battery Co. Ltd.
Zhejiang Hengwei Battery Co., Ltd. engages in the research, development, production, and sale of battery products in China and internationally. The company offers LR03, LR6, LR14, LR20 and 6LR61 series alkaline batteries; and R03, R6, R14, R20, and 6F22 series carbon batteries. Its products are used for small household appliances, consumer appliances, wireless security equipment, smart home produ… Read more
Zhejiang Hengwei Battery Co. Ltd. (301222) - Total Assets
Latest total assets as of June 2025: CN¥1.54 Billion CNY
Based on the latest financial reports, Zhejiang Hengwei Battery Co. Ltd. (301222) holds total assets worth CN¥1.54 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 Hengwei Battery Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Zhejiang Hengwei Battery Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Hengwei Battery Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Hengwei Battery Co. Ltd.'s total assets of CN¥1.54 Billion consist of 79.9% current assets and 20.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 57.7% |
| Accounts Receivable | CN¥133.43 Million | 8.9% |
| Inventory | CN¥116.13 Million | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥38.63 Million | 2.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang Hengwei Battery 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 Hengwei Battery Co. Ltd.'s current assets represent 79.9% of total assets in 2024, an increase from 79.4% in 2019.
- Cash Position: Cash and equivalents constituted 57.7% of total assets in 2024, up from 34.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 8.9% of total assets.
Zhejiang Hengwei Battery Co. Ltd. Competitors by Total Assets
Key competitors of Zhejiang Hengwei Battery Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Zhejiang Hengwei Battery 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 Hengwei Battery Co. Ltd. generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhejiang Hengwei Battery Co. Ltd. generates $8.62 in net profit.
Zhejiang Hengwei Battery 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 | 10.47 | 18.94 | 25.37 |
| Quick Ratio | 9.36 | 17.19 | 23.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.09 Billion | CN¥ 1.16 Billion | CN¥ 1.13 Billion |
Zhejiang Hengwei Battery Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang Hengwei Battery 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 | 2.07 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | CN¥1.50 Billion |
| Market Capitalization | $125.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Hengwei Battery 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: Zhejiang Hengwei Battery Co. Ltd.'s assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Hengwei Battery Co. Ltd. (2019–2024)
The table below shows the annual total assets of Zhejiang Hengwei Battery Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion | +7.42% |
| 2023-12-31 | CN¥1.40 Billion | +5.20% |
| 2022-12-31 | CN¥1.33 Billion | +168.67% |
| 2021-12-31 | CN¥495.57 Million | +18.66% |
| 2020-12-31 | CN¥417.64 Million | +17.93% |
| 2019-12-31 | CN¥354.15 Million | -- |