Zhejiang Weiming Environment Protection Co Ltd

SHG:603568 China Waste Management
Market Cap
$6.72 Billion
CN¥49.30 Billion CNY
Market Cap Rank
#5021 Global
#606 in China
Share Price
CN¥28.83
Change (1 day)
+4.87%
52-Week Range
CN¥18.59 - CN¥28.97
All Time High
CN¥33.25
About

Zhejiang Weiming Environment Protection Co., Ltd. engages in the investment, manufacture, construction, and operation of environment protection equipment in China and internationally. It offers household and kitchen waste treatment, urban domestic waste incineration power generation, sewage treatment, forestry and agricultural waste treatment, water and sludge treatment, hazardous wastes treatmen… Read more

Zhejiang Weiming Environment Protection Co Ltd (603568) - Total Assets

Latest total assets as of September 2025: CN¥29.95 Billion CNY

Based on the latest financial reports, Zhejiang Weiming Environment Protection Co Ltd (603568) holds total assets worth CN¥29.95 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.

Zhejiang Weiming Environment Protection Co Ltd - Total Assets Trend (2011–2024)

This chart illustrates how Zhejiang Weiming Environment Protection Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Weiming Environment Protection Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Weiming Environment Protection Co Ltd's total assets of CN¥29.95 Billion consist of 27.2% current assets and 72.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 8.2%
Accounts Receivable CN¥4.06 Billion 14.8%
Inventory CN¥312.13 Million 1.1%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥14.21 Billion 51.7%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2011–2024)

This chart illustrates how Zhejiang Weiming Environment Protection 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: Zhejiang Weiming Environment Protection Co Ltd's current assets represent 27.2% of total assets in 2024, an increase from 13.5% in 2011.
  • Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, up from 2.9% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 47.0% in 2011.
  • Asset Diversification: The largest asset category is intangible assets at 51.7% of total assets.

Zhejiang Weiming Environment Protection Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Weiming Environment Protection Co Ltd based on total assets are shown below.

Zhejiang Weiming Environment Protection 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

Historical Range: 0.21 - 0.30

Lower asset utilization - Zhejiang Weiming Environment Protection Co Ltd generates 0.26x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 8.23% - 14.09%

Solid ROA - For every $100 in assets, Zhejiang Weiming Environment Protection Co Ltd generates $9.84 in net profit.

Zhejiang Weiming Environment Protection 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 2.02 2.00 1.78
Quick Ratio 1.96 1.92 1.68
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥4.31 Billion CN¥ 3.70 Billion CN¥ 1.20 Billion

Zhejiang Weiming Environment Protection Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Weiming Environment Protection 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 3.27
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) 14.0%
Total Assets CN¥27.48 Billion
Market Capitalization $1.97 Billion USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Weiming Environment Protection Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Zhejiang Weiming Environment Protection Co Ltd's assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Zhejiang Weiming Environment Protection Co Ltd (2011–2024)

The table below shows the annual total assets of Zhejiang Weiming Environment Protection Co Ltd from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥27.48 Billion +14.02%
2023-12-31 CN¥24.10 Billion +19.17%
2022-12-31 CN¥20.22 Billion +38.03%
2021-12-31 CN¥14.65 Billion +39.89%
2020-12-31 CN¥10.47 Billion +51.47%
2019-12-31 CN¥6.91 Billion +20.48%
2018-12-31 CN¥5.74 Billion +45.97%
2017-12-31 CN¥3.93 Billion +16.91%
2016-12-31 CN¥3.36 Billion +11.23%
2015-12-31 CN¥3.02 Billion +7.60%
2014-12-31 CN¥2.81 Billion +4.53%
2013-12-31 CN¥2.69 Billion +8.77%
2012-12-31 CN¥2.47 Billion +20.37%
2011-12-31 CN¥2.05 Billion --