Zhejiang Meilun Elevator Co Ltd (603321) - Total Assets
Based on the latest financial reports, Zhejiang Meilun Elevator Co Ltd (603321) holds total assets worth CN¥2.10 Billion CNY (≈ $306.84 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. Check how aggressively does Zhejiang Meilun Elevator Co Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang Meilun Elevator Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Zhejiang Meilun Elevator Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 603321 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Meilun Elevator Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Meilun Elevator Co Ltd's total assets of CN¥2.10 Billion consist of 63.3% current assets and 36.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 37.5% |
| Accounts Receivable | CN¥330.84 Million | 16.2% |
| Inventory | CN¥130.62 Million | 6.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥82.10 Million | 4.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Zhejiang Meilun Elevator 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 Zhejiang Meilun Elevator Co Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Meilun Elevator Co Ltd's current assets represent 63.3% of total assets in 2024, a decrease from 82.1% in 2013.
- Cash Position: Cash and equivalents constituted 37.5% of total assets in 2024, up from 22.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 16.2% of total assets.
Zhejiang Meilun Elevator Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Meilun Elevator Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GnCenergy Co Ltd
KQ:119850
|
Korea | ₩370.79 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
China | CN¥10.76 Billion |
|
Jack Sewing
SHG:603337
|
China | CN¥8.75 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Guangdong Anda Automation Solutions Co. Ltd. A
SHG:688125
|
China | CN¥2.34 Billion |
|
Lakshmi Machine Works Limited
NSE:LAXMIMACH
|
India | Rs40.76 Billion |
|
Soosan Industries Co. Ltd.
KO:126720
|
Korea | ₩646.64 Billion |
|
Jiangsu Guomao Reducer Co Ltd
SHG:603915
|
China | CN¥5.42 Billion |
Zhejiang Meilun Elevator 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 | 2.22 | 1.70 | 1.33 |
| Quick Ratio | 2.02 | 1.53 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥736.13 Million | CN¥539.46 Million | CN¥220.57 Million |
Zhejiang Meilun Elevator Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Meilun Elevator 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 | 1.90 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | CN¥2.04 Billion |
| Market Capitalization | $322.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Meilun Elevator Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Meilun Elevator Co Ltd's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Meilun Elevator Co Ltd (2013–2024)
The table below shows the annual total assets of Zhejiang Meilun Elevator Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.04 Billion ≈ $299.19 Million |
-2.96% |
| 2023-12-31 | CN¥2.11 Billion ≈ $308.31 Million |
+6.47% |
| 2022-12-31 | CN¥1.98 Billion ≈ $289.57 Million |
+2.48% |
| 2021-12-31 | CN¥1.93 Billion ≈ $282.56 Million |
+8.74% |
| 2020-12-31 | CN¥1.78 Billion ≈ $259.85 Million |
+9.93% |
| 2019-12-31 | CN¥1.62 Billion ≈ $236.39 Million |
+5.35% |
| 2018-12-31 | CN¥1.53 Billion ≈ $224.38 Million |
+1.62% |
| 2017-12-31 | CN¥1.51 Billion ≈ $220.80 Million |
+55.42% |
| 2016-12-31 | CN¥970.82 Million ≈ $142.06 Million |
+2.99% |
| 2015-12-31 | CN¥942.66 Million ≈ $137.94 Million |
+7.35% |
| 2014-12-31 | CN¥878.12 Million ≈ $128.50 Million |
+14.67% |
| 2013-12-31 | CN¥765.81 Million ≈ $112.06 Million |
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About Zhejiang Meilun Elevator Co Ltd
Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger, freight, old residential areas, household, medical, and sightseeing elevators, as well as escalators, moving walkways, stereo garages, and accessories. Its products are used for applications in shopping malls, supermarkets, stations, airports, overpasses and other public tra… Read more