Zhejiang Meishuo Electric Technology Co. Ltd. A

SHE:301295 China Electronic Components
Market Cap
$483.99 Million
CN¥3.55 Billion CNY
Market Cap Rank
#16915 Global
#4446 in China
Share Price
CN¥35.23
Change (1 day)
+0.77%
52-Week Range
CN¥17.76 - CN¥37.65
All Time High
CN¥37.65
About

Zhejiang Meishuo Electric Technology Co.,Ltd engages in the research and development, production and sales of relay control components and their derivative actuators, fluid solenoid valve products in China. The company offers general relays, automotive relays, magnetic latching relays, new energy relays, communication relays, fluid solenoid and water valves. It's products are used in household ap… Read more

Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) - Total Assets

Latest total assets as of June 2025: CN¥1.28 Billion CNY

Based on the latest financial reports, Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) holds total assets worth CN¥1.28 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 Meishuo Electric Technology Co. Ltd. A - Total Assets Trend (2021–2024)

This chart illustrates how Zhejiang Meishuo Electric Technology Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Meishuo Electric Technology Co. Ltd. A - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Meishuo Electric Technology Co. Ltd. A's total assets of CN¥1.28 Billion consist of 81.0% current assets and 19.0% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 44.2%
Accounts Receivable CN¥252.02 Million 20.1%
Inventory CN¥151.00 Million 12.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥24.81 Million 2.0%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how Zhejiang Meishuo Electric 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Zhejiang Meishuo Electric Technology Co. Ltd. A's current assets represent 81.0% of total assets in 2024, an increase from 61.2% in 2021.
  • Cash Position: Cash and equivalents constituted 44.2% of total assets in 2024, up from 2.9% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 20.1% of total assets.

Zhejiang Meishuo Electric Technology Co. Ltd. A Competitors by Total Assets

Key competitors of Zhejiang Meishuo Electric Technology Co. Ltd. A based on total assets are shown below.

Zhejiang Meishuo Electric Technology Co. Ltd. A - 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

Historical Range: 0.45 - 1.13

Moderate asset utilization - Zhejiang Meishuo Electric Technology Co. Ltd. A generates 0.50x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.17% - 13.05%

Moderate ROA - For every $100 in assets, Zhejiang Meishuo Electric Technology Co. Ltd. A generates $ 2.17 in net profit.

Zhejiang Meishuo Electric 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 3.34 4.01 4.01
Quick Ratio 2.88 3.52 3.52
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥731.49 Million CN¥ 738.45 Million CN¥ 738.45 Million

Zhejiang Meishuo Electric Technology Co. Ltd. A - Advanced Valuation Insights

This section examines the relationship between Zhejiang Meishuo Electric 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 3.58
Latest Market Cap to Assets Ratio 0.11
Asset Growth Rate (YoY) 5.9%
Total Assets CN¥1.26 Billion
Market Capitalization $135.48 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Meishuo Electric Technology Co. Ltd. A's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Meishuo Electric Technology Co. Ltd. A's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Meishuo Electric Technology Co. Ltd. A (2021–2024)

The table below shows the annual total assets of Zhejiang Meishuo Electric Technology Co. Ltd. A from 2021 to 2024.

Year Total Assets Change
2024-12-31 CN¥1.26 Billion +5.91%
2023-12-31 CN¥1.19 Billion +130.14%
2022-12-31 CN¥514.97 Million +0.42%
2021-12-31 CN¥512.83 Million --