ADD Industry Zhejiang Co Ltd Total Assets
ADD Industry Zhejiang Co Ltd total assets. Based on the latest financial reports, ADD Industry Zhejiang Co Ltd (603089) holds total assets worth CN¥3.78 Billion CNY (≈ $553.27 Million USD) 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. Also see ADD Industry Zhejiang Co Ltd (603089) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of ADD Industry Zhejiang Co Ltd (2012–2024)
Total assets of ADD Industry Zhejiang Co Ltd from 2012 to 2024. This chart illustrates how ADD Industry Zhejiang Co Ltd's total assets have evolved over time, based on quarterly financial data. See ADD Industry Zhejiang Co Ltd share price for real-time trading data and today's change.
ADD Industry Zhejiang Co Ltd - Asset Composition Analysis
ADD Industry Zhejiang Co Ltd Total Assets Breakdown (December 2024)
ADD Industry Zhejiang Co Ltd total assets breakdown as of December 2024. ADD Industry Zhejiang Co Ltd's total assets of CN¥3.78 Billion consist of 46.3% current assets and 53.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.8% |
| Accounts Receivable | CN¥827.03 Million | 23.7% |
| Inventory | CN¥603.73 Million | 17.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥278.50 Million | 8.0% |
| Goodwill | CN¥181.38 Million | 5.2% |
Asset Composition Trend (2012–2024)
This chart illustrates how ADD Industry Zhejiang 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. Explore ADD Industry Zhejiang Co Ltd (603089) liquidity to equity 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: ADD Industry Zhejiang Co Ltd's current assets represent 46.3% of total assets in 2024, a decrease from 47.7% in 2012.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, down from 14.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, unchanged from 12.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 23.7% of total assets.
ADD Industry Zhejiang Co Ltd Competitors by Total Assets
Key competitors of ADD Industry Zhejiang Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Advance Auto Parts Inc
NYSE:AAP
|
USA | $11.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥21.06 Billion |
|
Camel Group Co Ltd
SHG:601311
|
China | CN¥15.59 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.53 Billion |
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.22 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥19.04 Billion |
ADD Industry Zhejiang 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 | 1.17 | 1.10 | 1.90 |
| Quick Ratio | 0.72 | 0.66 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥267.45 Million | CN¥120.02 Million | CN¥413.07 Million |
ADD Industry Zhejiang Co Ltd - Advanced Valuation Insights
This section examines the relationship between ADD Industry Zhejiang 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 | 2.25 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 26.9% |
| Total Assets | CN¥3.49 Billion |
| Market Capitalization | $304.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values ADD Industry Zhejiang Co Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ADD Industry Zhejiang Co Ltd's assets grew by 26.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ADD Industry Zhejiang Co Ltd (2012–2024)
The table below shows the annual total assets of ADD Industry Zhejiang Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.49 Billion ≈ $511.29 Million |
+26.88% |
| 2023-12-31 | CN¥2.75 Billion ≈ $402.97 Million |
+14.94% |
| 2022-12-31 | CN¥2.40 Billion ≈ $350.60 Million |
+8.04% |
| 2021-12-31 | CN¥2.22 Billion ≈ $324.50 Million |
+22.96% |
| 2020-12-31 | CN¥1.80 Billion ≈ $263.91 Million |
+16.04% |
| 2019-12-31 | CN¥1.55 Billion ≈ $227.43 Million |
-2.64% |
| 2018-12-31 | CN¥1.60 Billion ≈ $233.61 Million |
+51.76% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.93 Million |
+48.51% |
| 2016-12-31 | CN¥708.33 Million ≈ $103.65 Million |
+21.98% |
| 2015-12-31 | CN¥580.71 Million ≈ $84.98 Million |
-1.97% |
| 2014-12-31 | CN¥592.37 Million ≈ $86.68 Million |
+11.99% |
| 2013-12-31 | CN¥528.97 Million ≈ $77.40 Million |
+3.38% |
| 2012-12-31 | CN¥511.70 Million ≈ $74.88 Million |
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About ADD Industry Zhejiang Co Ltd
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company als… Read more