ADD Industry Zhejiang Co Ltd (603089) - 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. Explore ADD Industry Zhejiang Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
ADD Industry Zhejiang Co Ltd - Total Assets Trend (2012–2024)
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 (603089) shareholders funds for net asset value and shareholders' equity analysis.
ADD Industry Zhejiang Co Ltd - Asset Composition Analysis
Current Asset Composition (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. For live market cap, price, and company overview, see 603089 stock market capitalisation.
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 |
|---|---|---|
|
Solid Power Inc
NASDAQ:SLDP
|
USA | $554.73 Million |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
China | CN¥6.78 Billion |
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥14.01 Billion |
|
Autel Intelligent Technology Corp Ltd
SHG:688208
|
China | CN¥7.19 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
China | CN¥47.30 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 | $307.69 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