Zhejiang Tianzhen Technology Co. Ltd. A
Zhejiang Tianzhen Technology Co., Ltd. manufactures and sells floor coverings and decorative materials. The company offers WPV, LVT, and SPC flooring and wallboard. It sells its products in the United States, Europe, Canada, Korea, Japan, Australia, and internationally. The company was founded in 2003 and is headquartered in Anji County, China.
Zhejiang Tianzhen Technology Co. Ltd. A (301356) - Total Assets
Latest total assets as of June 2025: CN¥3.29 Billion CNY
Based on the latest financial reports, Zhejiang Tianzhen Technology Co. Ltd. A (301356) holds total assets worth CN¥3.29 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 Tianzhen Technology Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how Zhejiang Tianzhen 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 Tianzhen Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Tianzhen Technology Co. Ltd. A's total assets of CN¥3.29 Billion consist of 59.8% current assets and 40.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.5% |
| Accounts Receivable | CN¥321.80 Million | 9.8% |
| Inventory | CN¥314.33 Million | 9.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥233.46 Million | 7.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Zhejiang Tianzhen 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 Tianzhen Technology Co. Ltd. A's current assets represent 59.8% of total assets in 2024, a decrease from 72.2% in 2020.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2024, down from 32.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, unchanged from 7.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 9.8% of total assets.
Zhejiang Tianzhen Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Zhejiang Tianzhen Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Zhejiang Tianzhen 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
Lower asset utilization - Zhejiang Tianzhen Technology Co. Ltd. A generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Tianzhen Technology Co. Ltd. A is currently not profitable relative to its asset base.
Zhejiang Tianzhen 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 | 6.37 | 11.08 | 22.98 |
| Quick Ratio | 5.43 | 9.62 | 19.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.57 Billion | CN¥ 1.97 Billion | CN¥ 2.39 Billion |
Zhejiang Tianzhen Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tianzhen 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 | 1.77 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | CN¥3.28 Billion |
| Market Capitalization | $163.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tianzhen Technology Co. Ltd. A's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Tianzhen Technology Co. Ltd. A's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Tianzhen Technology Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Zhejiang Tianzhen Technology Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.28 Billion | +2.36% |
| 2023-12-31 | CN¥3.20 Billion | -21.59% |
| 2022-12-31 | CN¥4.08 Billion | +51.79% |
| 2021-12-31 | CN¥2.69 Billion | +31.13% |
| 2020-12-31 | CN¥2.05 Billion | -- |