Zhejiang EV-Tech Co.,Ltd.
Zhejiang EV-Tech Co.,Ltd. manufactures and sells on-board chargers and on-board DC/DC converters for new energy vehicles in China and internationally. It also provides off-board charging systems. Zhejiang EV-Tech Co.,Ltd. was founded in 2011 and is headquartered in Huzhou, China.
Zhejiang EV-Tech Co.,Ltd. (301607) - Total Assets
Latest total assets as of September 2025: CN¥3.47 Billion CNY
Based on the latest financial reports, Zhejiang EV-Tech Co.,Ltd. (301607) holds total assets worth CN¥3.47 Billion CNY as of September 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 EV-Tech Co.,Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Zhejiang EV-Tech Co.,Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang EV-Tech Co.,Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang EV-Tech Co.,Ltd.'s total assets of CN¥3.47 Billion consist of 80.5% current assets and 19.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.2% |
| Accounts Receivable | CN¥840.98 Million | 36.8% |
| Inventory | CN¥476.03 Million | 20.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥21.32 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang EV-Tech 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 EV-Tech Co.,Ltd.'s current assets represent 80.5% of total assets in 2024, an increase from 80.0% in 2019.
- Cash Position: Cash and equivalents constituted 22.2% of total assets in 2024, down from 23.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 36.8% of total assets.
Zhejiang EV-Tech Co.,Ltd. Competitors by Total Assets
Key competitors of Zhejiang EV-Tech Co.,Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
China | CN¥58.09 Billion |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
China | CN¥10.53 Billion |
Zhejiang EV-Tech 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
Strong asset utilization - Zhejiang EV-Tech Co.,Ltd. generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Zhejiang EV-Tech Co.,Ltd. generates $ 4.14 in net profit.
Zhejiang EV-Tech 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 | 1.26 | 1.69 | 1.26 |
| Quick Ratio | 0.84 | 1.22 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥518.74 Million | CN¥ 646.14 Million | CN¥ 216.14 Million |
Zhejiang EV-Tech Co.,Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang EV-Tech 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 | 5.47 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 39.3% |
| Total Assets | CN¥2.29 Billion |
| Market Capitalization | $555.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang EV-Tech Co.,Ltd.'s assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang EV-Tech Co.,Ltd.'s assets grew by 39.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang EV-Tech Co.,Ltd. (2019–2024)
The table below shows the annual total assets of Zhejiang EV-Tech Co.,Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.29 Billion | +39.30% |
| 2023-12-31 | CN¥1.64 Billion | +6.87% |
| 2022-12-31 | CN¥1.54 Billion | +30.25% |
| 2021-12-31 | CN¥1.18 Billion | +133.91% |
| 2020-12-31 | CN¥503.85 Million | +63.37% |
| 2019-12-31 | CN¥308.40 Million | -- |