Hangzhou Zongheng Commun (603602) - Total Assets
Based on the latest financial reports, Hangzhou Zongheng Commun (603602) holds total assets worth CN¥2.32 Billion CNY (≈ $340.06 Million USD) as of March 2026. 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 Hangzhou Zongheng Commun cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Hangzhou Zongheng Commun - Total Assets Trend (2011–2025)
This chart illustrates how Hangzhou Zongheng Commun's total assets have evolved over time, based on quarterly financial data. Check 603602 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Hangzhou Zongheng Commun - Asset Composition Analysis
Current Asset Composition (December 2025)
Hangzhou Zongheng Commun's total assets of CN¥2.32 Billion consist of 76.2% current assets and 23.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.9% |
| Accounts Receivable | CN¥852.44 Million | 35.1% |
| Inventory | CN¥323.36 Million | 13.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥14.46 Million | 0.6% |
| Goodwill | CN¥75.44 Million | 3.1% |
Asset Composition Trend (2011–2025)
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. For live market cap, price, and company overview, see 603602 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hangzhou Zongheng Commun's current assets represent 76.2% of total assets in 2025, a decrease from 97.0% in 2011.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2025, 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 35.1% 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 |
|---|---|---|
|
Verizon Communications Inc
NYSE:VZ
|
USA | $417.88 Billion |
|
Chunghwa Telecom Co
TW:2412
|
Taiwan | NT$535.87 Billion |
|
TELECOM ITALIA ADR 1
F:TQIA
|
Germany | €36.73 Billion |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
|
China | CN¥1.33 Billion |
|
Tuas Ltd
AU:TUA
|
Australia | AU$498.37 Million |
|
NOVA Technology Corporation Limited
SHE:300921
|
China | CN¥949.46 Million |
|
Bahnhof AB Series B
ST:BAHN-B
|
Sweden | Skr1.40 Billion |
|
Reliance Communications Limited
NSE:RCOM
|
India | Rs363.38 Billion |
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 | 1.25 | 1.32 | 2.36 |
| Quick Ratio | 0.98 | 1.14 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥343.79 Million | CN¥442.97 Million | CN¥735.86 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 | 3.53 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | CN¥2.43 Billion |
| Market Capitalization | $446.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Zongheng Commun's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hangzhou Zongheng Commun's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hangzhou Zongheng Commun (2011–2025)
The table below shows the annual total assets of Hangzhou Zongheng Commun from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.43 Billion ≈ $355.86 Million |
+4.32% |
| 2024-12-31 | CN¥2.33 Billion ≈ $341.13 Million |
+37.82% |
| 2023-12-31 | CN¥1.69 Billion ≈ $247.53 Million |
+6.31% |
| 2022-12-31 | CN¥1.59 Billion ≈ $232.84 Million |
-4.20% |
| 2021-12-31 | CN¥1.66 Billion ≈ $243.05 Million |
+5.33% |
| 2020-12-31 | CN¥1.58 Billion ≈ $230.76 Million |
+30.30% |
| 2019-12-31 | CN¥1.21 Billion ≈ $177.10 Million |
+10.78% |
| 2018-12-31 | CN¥1.09 Billion ≈ $159.86 Million |
+7.23% |
| 2017-12-31 | CN¥1.02 Billion ≈ $149.09 Million |
+38.93% |
| 2016-12-31 | CN¥733.33 Million ≈ $107.31 Million |
+7.57% |
| 2015-12-31 | CN¥681.69 Million ≈ $99.75 Million |
+21.52% |
| 2014-12-31 | CN¥560.98 Million ≈ $82.09 Million |
+19.20% |
| 2013-12-31 | CN¥470.64 Million ≈ $68.87 Million |
+20.22% |
| 2012-12-31 | CN¥391.49 Million ≈ $57.29 Million |
+10.24% |
| 2011-12-31 | CN¥355.13 Million ≈ $51.97 Million |
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About 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