Hangzhou Heatwell Electric Heating Technology Co., Ltd.
Hangzhou Heatwell Electric Heating Technology Co., Ltd. engages in the research and development, production, and sale of electric heating elements and components in China and internationally. The company offers heating elements for kitchen equipment, such as microwave ovens, ovens, dishwashers, coffee machines, refrigerators, water dispensers, stoves; laundry equipment, such as washing machine an… Read more
Hangzhou Heatwell Electric Heating Technology Co., Ltd. (603075) - Total Assets
Latest total assets as of September 2025: CN¥3.02 Billion CNY
Based on the latest financial reports, Hangzhou Heatwell Electric Heating Technology Co., Ltd. (603075) holds total assets worth CN¥3.02 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.
Hangzhou Heatwell Electric Heating Technology Co., Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Hangzhou Heatwell Electric Heating Technology Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hangzhou Heatwell Electric Heating Technology Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangzhou Heatwell Electric Heating Technology Co., Ltd.'s total assets of CN¥3.02 Billion consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.0% |
| Accounts Receivable | CN¥692.99 Million | 23.2% |
| Inventory | CN¥234.01 Million | 7.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥131.52 Million | 4.4% |
| Goodwill | CN¥79.76 Million | 2.7% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hangzhou Heatwell Electric Heating Technology 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: Hangzhou Heatwell Electric Heating Technology Co., Ltd.'s current assets represent 62.0% of total assets in 2024, a decrease from 62.6% in 2019.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2024, up from 6.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 13.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 23.2% of total assets.
Hangzhou Heatwell Electric Heating Technology Co., Ltd. Competitors by Total Assets
Key competitors of Hangzhou Heatwell Electric Heating Technology Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Hangzhou Heatwell Electric Heating Technology 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
Moderate asset utilization - Hangzhou Heatwell Electric Heating Technology Co., Ltd. generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hangzhou Heatwell Electric Heating Technology Co., Ltd. generates $ 10.04 in net profit.
Hangzhou Heatwell Electric Heating Technology 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 | 2.10 | 2.07 | 1.10 |
| Quick Ratio | 1.81 | 1.81 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥987.50 Million | CN¥ 923.52 Million | CN¥ 92.04 Million |
Hangzhou Heatwell Electric Heating Technology Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Hangzhou Heatwell Electric Heating Technology 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 | 4.19 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | CN¥2.99 Billion |
| Market Capitalization | $130.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Heatwell Electric Heating Technology Co., Ltd.'s assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hangzhou Heatwell Electric Heating Technology Co., Ltd.'s assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hangzhou Heatwell Electric Heating Technology Co., Ltd. (2019–2024)
The table below shows the annual total assets of Hangzhou Heatwell Electric Heating Technology Co., Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.99 Billion | +8.06% |
| 2023-12-31 | CN¥2.76 Billion | +31.79% |
| 2022-12-31 | CN¥2.10 Billion | +3.56% |
| 2021-12-31 | CN¥2.02 Billion | +6.58% |
| 2020-12-31 | CN¥1.90 Billion | +35.28% |
| 2019-12-31 | CN¥1.40 Billion | -- |