Hangzhou Zongheng Commun
Hangzhou Freely Communication Co., Ltd., together with its subsidiaries, provides communication network technology services in China. The company offers communication network construction and maintenance services; indoor distribution system, base installation, and antenna engineering services; and integrated access services. It also provides digital services for government and enterprise industri… Read more
Hangzhou Zongheng Commun (603602) - Total Assets
Latest total assets as of September 2025: CN¥2.53 Billion CNY
Based on the latest financial reports, Hangzhou Zongheng Commun (603602) holds total assets worth CN¥2.53 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.
Hangzhou Zongheng Commun - Total Assets Trend (2011–2024)
This chart illustrates how Hangzhou Zongheng Commun’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hangzhou Zongheng Commun - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangzhou Zongheng Commun's total assets of CN¥2.53 Billion consist of 73.7% current assets and 26.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥974.37 Million | 41.8% |
| Inventory | CN¥201.40 Million | 8.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥13.61 Million | 0.6% |
| Goodwill | CN¥75.41 Million | 3.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how Hangzhou Zongheng Commun'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: Hangzhou Zongheng Commun's current assets represent 73.7% of total assets in 2024, a decrease from 97.0% in 2011.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, down from 40.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 41.8% of total assets.
Hangzhou Zongheng Commun Competitors by Total Assets
Key competitors of Hangzhou Zongheng Commun based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Hangzhou Zongheng Commun - 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
Strong asset utilization - Hangzhou Zongheng Commun generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hangzhou Zongheng Commun generates $ 0.81 in net profit.
Hangzhou Zongheng Commun - 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 | 1.34 | 1.39 | 2.29 |
| Quick Ratio | 1.12 | 1.20 | 1.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥489.33 Million | CN¥ 423.78 Million | CN¥ 765.12 Million |
Hangzhou Zongheng Commun - Advanced Valuation Insights
This section examines the relationship between Hangzhou Zongheng Commun'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 | 3.07 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 37.8% |
| Total Assets | CN¥2.33 Billion |
| Market Capitalization | $149.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Zongheng Commun's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hangzhou Zongheng Commun's assets grew by 37.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hangzhou Zongheng Commun (2011–2024)
The table below shows the annual total assets of Hangzhou Zongheng Commun from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.33 Billion | +37.82% |
| 2023-12-31 | CN¥1.69 Billion | +6.31% |
| 2022-12-31 | CN¥1.59 Billion | -4.20% |
| 2021-12-31 | CN¥1.66 Billion | +5.33% |
| 2020-12-31 | CN¥1.58 Billion | +30.30% |
| 2019-12-31 | CN¥1.21 Billion | +10.78% |
| 2018-12-31 | CN¥1.09 Billion | +7.23% |
| 2017-12-31 | CN¥1.02 Billion | +38.93% |
| 2016-12-31 | CN¥733.33 Million | +7.57% |
| 2015-12-31 | CN¥681.69 Million | +21.52% |
| 2014-12-31 | CN¥560.98 Million | +19.20% |
| 2013-12-31 | CN¥470.64 Million | +20.22% |
| 2012-12-31 | CN¥391.49 Million | +10.24% |
| 2011-12-31 | CN¥355.13 Million | -- |