Zhejiang Hengwei Battery Co. Ltd. (301222) - Total Assets
Based on the latest financial reports, Zhejiang Hengwei Battery Co. Ltd. (301222) holds total assets worth CN¥1.54 Billion CNY (≈ $225.07 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.
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. Also see 301222 company net worth for the company's overall valuation and market capitalisation.
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. Review 301222 total liabilities to assess the company's total debt and financial obligations.
| 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. See latest Zhejiang Hengwei Battery Co. Ltd. stock price today for real-time trading data and today's change.
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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩71.81 Trillion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥14.27 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥10.58 Billion |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
China | CN¥4.23 Billion |
|
Hiwin Mikrosystem Corp
TW:4576
|
Taiwan | NT$7.17 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
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 | 0.25 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | CN¥1.50 Billion |
| Market Capitalization | $371.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Hengwei Battery Co. Ltd.'s assets below their book value (0.25x), 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 ≈ $220.16 Million |
+7.42% |
| 2023-12-31 | CN¥1.40 Billion ≈ $204.96 Million |
+5.20% |
| 2022-12-31 | CN¥1.33 Billion ≈ $194.83 Million |
+168.67% |
| 2021-12-31 | CN¥495.57 Million ≈ $72.52 Million |
+18.66% |
| 2020-12-31 | CN¥417.64 Million ≈ $61.11 Million |
+17.93% |
| 2019-12-31 | CN¥354.15 Million ≈ $51.82 Million |
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About 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