Zhejiang Taihua New Material Total Assets
Zhejiang Taihua New Material total assets. Based on the latest financial reports, Zhejiang Taihua New Material (603055) holds total assets worth CN¥11.56 Billion CNY (≈ $1.69 Billion USD) as of March 2026. 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. Also see 603055 market cap for the company's overall valuation and market capitalisation.
Total Assets of Zhejiang Taihua New Material (2012–2025)
Total assets of Zhejiang Taihua New Material from 2012 to 2025. This chart illustrates how Zhejiang Taihua New Material's total assets have evolved over time, based on quarterly financial data. See Zhejiang Taihua New Material stock price for real-time trading data and today's change.
Zhejiang Taihua New Material - Asset Composition Analysis
Zhejiang Taihua New Material Total Assets Breakdown (December 2025)
Zhejiang Taihua New Material total assets breakdown as of December 2025. Zhejiang Taihua New Material's total assets of CN¥11.56 Billion consist of 39.5% current assets and 60.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.6% |
| Accounts Receivable | CN¥1.04 Billion | 9.2% |
| Inventory | CN¥2.18 Billion | 19.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥452.41 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Zhejiang Taihua New Material'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. Explore Zhejiang Taihua New Material short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Taihua New Material's current assets represent 39.5% of total assets in 2025, a decrease from 51.1% in 2012.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, down from 11.2% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 19.2% of total assets.
Zhejiang Taihua New Material Competitors by Total Assets
Key competitors of Zhejiang Taihua New Material based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥14.94 Billion |
|
Trident Limited
NSE:TRIDENT
|
India | Rs72.18 Billion |
|
Zhejiang Truelove Vogue Co Ltd
SHE:003041
|
China | CN¥2.36 Billion |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327
|
China | CN¥4.60 Billion |
|
Hunan Huasheng Co Ltd
SHG:600156
|
China | CN¥817.93 Million |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
China | CN¥1.23 Billion |
|
Gabriel Holding
CO:GABR
|
Denmark | Dkr710.75 Million |
|
Hojeon Ltd
KO:111110
|
Korea | ₩473.14 Billion |
Zhejiang Taihua New Material - 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 | 1.13 | 1.23 | 1.60 |
| Quick Ratio | 0.56 | 0.57 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥518.96 Million | CN¥919.90 Million | CN¥1.14 Billion |
Zhejiang Taihua New Material - Advanced Valuation Insights
This section examines the relationship between Zhejiang Taihua New Material'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 | 1.38 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -3.6% |
| Total Assets | CN¥11.36 Billion |
| Market Capitalization | $1.07 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Taihua New Material's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Taihua New Material's assets decreased by 3.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Taihua New Material (2012–2025)
The table below shows the annual total assets of Zhejiang Taihua New Material from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.36 Billion ≈ $1.66 Billion |
-3.58% |
| 2024-12-31 | CN¥11.78 Billion ≈ $1.72 Billion |
+11.60% |
| 2023-12-31 | CN¥10.56 Billion ≈ $1.55 Billion |
+39.20% |
| 2022-12-31 | CN¥7.59 Billion ≈ $1.11 Billion |
+18.02% |
| 2021-12-31 | CN¥6.43 Billion ≈ $940.60 Million |
+17.88% |
| 2020-12-31 | CN¥5.45 Billion ≈ $797.95 Million |
+18.75% |
| 2019-12-31 | CN¥4.59 Billion ≈ $671.96 Million |
+6.11% |
| 2018-12-31 | CN¥4.33 Billion ≈ $633.25 Million |
+30.88% |
| 2017-12-31 | CN¥3.31 Billion ≈ $483.84 Million |
+12.60% |
| 2016-12-31 | CN¥2.94 Billion ≈ $429.67 Million |
-6.18% |
| 2015-12-31 | CN¥3.13 Billion ≈ $457.96 Million |
-9.39% |
| 2014-12-31 | CN¥3.45 Billion ≈ $505.41 Million |
-4.31% |
| 2013-12-31 | CN¥3.61 Billion ≈ $528.20 Million |
+12.25% |
| 2012-12-31 | CN¥3.22 Billion ≈ $470.57 Million |
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About Zhejiang Taihua New Material
Zhejiang Taihua New Material Group Co., Ltd. engages in research, development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other fabrics in the People's Republic of China. The company offers cool, antibacterial, hygroscopic and sweat releasing, recycled environment-friendly, nylon mechanical stretch, air texture… Read more