Zhejiang Oceanking Development Co Ltd (603213) - Total Assets
Based on the latest financial reports, Zhejiang Oceanking Development Co Ltd (603213) holds total assets worth CN¥3.31 Billion CNY (≈ $483.86 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. See 603213 total equity for net asset value and shareholders' equity analysis.
Zhejiang Oceanking Development Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Zhejiang Oceanking Development Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Oceanking Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Oceanking Development Co Ltd's total assets of CN¥3.31 Billion consist of 24.7% current assets and 75.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.8% |
| Accounts Receivable | CN¥433.71 Million | 13.3% |
| Inventory | CN¥151.33 Million | 4.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥77.69 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Zhejiang Oceanking Development 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 603213 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Oceanking Development Co Ltd's current assets represent 24.7% of total assets in 2024, a decrease from 49.8% in 2017.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, down from 12.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 13.3% of total assets.
Zhejiang Oceanking Development Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Oceanking Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sichuan Development Lomon Co Ltd
SHE:002312
|
China | CN¥21.88 Billion |
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
|
China | CN¥15.59 Billion |
|
North Chemical Industries Co Ltd
SHE:002246
|
China | CN¥4.91 Billion |
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856
|
China | CN¥4.05 Billion |
|
Anhui Hwasu Co.Ltd.
SHG:600935
|
China | CN¥9.87 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121
|
China | CN¥4.58 Billion |
|
Xilong Chemical Co Ltd
SHE:002584
|
China | CN¥5.14 Billion |
Zhejiang Oceanking Development 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 | 1.09 | 1.40 | 1.70 |
| Quick Ratio | 0.84 | 1.13 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥64.44 Million | CN¥237.81 Million | CN¥196.47 Million |
Zhejiang Oceanking Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Oceanking Development 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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 10.1% |
| Total Assets | CN¥3.27 Billion |
| Market Capitalization | $895.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Oceanking Development Co Ltd's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Oceanking Development Co Ltd's assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Oceanking Development Co Ltd (2017–2024)
The table below shows the annual total assets of Zhejiang Oceanking Development Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.27 Billion ≈ $478.59 Million |
+10.09% |
| 2023-12-31 | CN¥2.97 Billion ≈ $434.72 Million |
+16.70% |
| 2022-12-31 | CN¥2.55 Billion ≈ $372.52 Million |
+22.12% |
| 2021-12-31 | CN¥2.08 Billion ≈ $305.04 Million |
+82.84% |
| 2020-12-31 | CN¥1.14 Billion ≈ $166.84 Million |
+32.10% |
| 2019-12-31 | CN¥863.08 Million ≈ $126.30 Million |
+24.61% |
| 2018-12-31 | CN¥692.64 Million ≈ $101.36 Million |
-16.43% |
| 2017-12-31 | CN¥828.79 Million ≈ $121.28 Million |
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About Zhejiang Oceanking Development Co Ltd
Zhejiang Oceanking Development Co., Ltd. engages in the research, development, production, and sale of chlor-alkali-related products. It offers PVC, caustic soda, liquid chlorine, chlorinated paraffin, sodium hypochlorite, epichlorohydrin (ECH), high purity hydrogen, polyvinyl chloride, and high purity hydrochloric acid, as well as methyl isobutyl ketone and other products. The company was incorp… Read more