Zhejiang Tongxing Technology Co. Ltd. A (301252) - Total Assets
Based on the latest financial reports, Zhejiang Tongxing Technology Co. Ltd. A (301252) holds total assets worth CN¥1.75 Billion CNY (≈ $255.86 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 shareholders equity of Zhejiang Tongxing Technology Co. Ltd. A for net asset value and shareholders' equity analysis.
Zhejiang Tongxing Technology Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Zhejiang Tongxing Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data.
Zhejiang Tongxing Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Tongxing Technology Co. Ltd. A's total assets of CN¥1.75 Billion consist of 75.6% current assets and 24.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.9% |
| Accounts Receivable | CN¥366.17 Million | 21.6% |
| Inventory | CN¥146.00 Million | 8.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥60.15 Million | 3.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Zhejiang Tongxing Technology Co. Ltd. A'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 Zhejiang Tongxing Technology Co. Ltd. A (301252) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Tongxing Technology Co. Ltd. A's current assets represent 75.6% of total assets in 2024, an increase from 69.6% in 2021.
- Cash Position: Cash and equivalents constituted 22.9% of total assets in 2024, up from 6.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 21.6% of total assets.
Zhejiang Tongxing Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Zhejiang Tongxing Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
Zhejiang Tongxing Technology Co. Ltd. A - 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 | 2.83 | 2.57 | 2.57 |
| Quick Ratio | 2.50 | 2.33 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥858.99 Million | CN¥807.09 Million | CN¥807.09 Million |
Zhejiang Tongxing Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tongxing Technology Co. Ltd. A'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 | 5.04 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 0.4% |
| Total Assets | CN¥1.70 Billion |
| Market Capitalization | $912.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tongxing Technology Co. Ltd. A's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Tongxing Technology Co. Ltd. A's assets grew by 0.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Tongxing Technology Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Zhejiang Tongxing Technology Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.70 Billion ≈ $248.35 Million |
+0.42% |
| 2023-12-31 | CN¥1.69 Billion ≈ $247.31 Million |
+83.89% |
| 2022-12-31 | CN¥919.08 Million ≈ $134.49 Million |
+2.98% |
| 2021-12-31 | CN¥892.49 Million ≈ $130.60 Million |
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About Zhejiang Tongxing Technology Co. Ltd. A
Zhejiang Tongxing Technology CO., Ltd. engages in the research and development, production, and sale of refrigeration equipment and related products in China. It offers heat exchangers, refrigeration system pipe assemblies, automotive air conditioning pipes, refrigeration unit modules, and related processing services for refrigeration system pipe assemblies. The company was incorporated in 2001 a… Read more