Zhejiang XCC Group Co Ltd (603667) - Total Assets
Based on the latest financial reports, Zhejiang XCC Group Co Ltd (603667) holds total assets worth CN¥5.21 Billion CNY (≈ $761.94 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 603667 net asset value for net asset value and shareholders' equity analysis.
Zhejiang XCC Group Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang XCC Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang XCC Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang XCC Group Co Ltd's total assets of CN¥5.21 Billion consist of 51.7% current assets and 48.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.8% |
| Accounts Receivable | CN¥1.09 Billion | 20.8% |
| Inventory | CN¥934.35 Million | 17.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥229.81 Million | 4.4% |
| Goodwill | CN¥433.62 Million | 8.3% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang XCC Group 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 XCC Group Co Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang XCC Group Co Ltd's current assets represent 51.7% of total assets in 2024, a decrease from 72.3% in 2011.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2024, down from 27.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 6.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 20.8% of total assets.
Zhejiang XCC Group Co Ltd Competitors by Total Assets
Key competitors of Zhejiang XCC Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
|
China | CN¥2.50 Billion |
|
Ningbo Daye Garden Machinery Co Ltd
SHE:300879
|
China | CN¥4.90 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
YG-1 Co. Ltd
KQ:019210
|
Korea | ₩1.17 Trillion |
|
National Aerospace Fasteners Corp
TW:3004
|
Taiwan | NT$7.41 Billion |
|
Korea Parts & Fasteners Co.Ltd
KQ:024880
|
Korea | ₩624.86 Billion |
|
Chosun Welding
KO:120030
|
Korea | ₩170.50 Billion |
|
Makina Takim Endustrisi AS
IS:MAKTK
|
Turkey | TL2.31 Billion |
Zhejiang XCC Group 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 | 1.40 | 1.43 | 1.48 |
| Quick Ratio | 0.96 | 0.97 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥747.98 Million | CN¥811.81 Million | CN¥545.93 Million |
Zhejiang XCC Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang XCC Group 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 | 11.13 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | CN¥5.21 Billion |
| Market Capitalization | $3.56 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang XCC Group Co Ltd's assets below their book value (0.68x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang XCC Group Co Ltd's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang XCC Group Co Ltd (2011–2024)
The table below shows the annual total assets of Zhejiang XCC Group Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.21 Billion ≈ $762.80 Million |
+10.57% |
| 2023-12-31 | CN¥4.71 Billion ≈ $689.89 Million |
+6.98% |
| 2022-12-31 | CN¥4.41 Billion ≈ $644.89 Million |
+4.22% |
| 2021-12-31 | CN¥4.23 Billion ≈ $618.80 Million |
+24.54% |
| 2020-12-31 | CN¥3.40 Billion ≈ $496.86 Million |
+9.14% |
| 2019-12-31 | CN¥3.11 Billion ≈ $455.27 Million |
+4.45% |
| 2018-12-31 | CN¥2.98 Billion ≈ $435.88 Million |
+74.19% |
| 2017-12-31 | CN¥1.71 Billion ≈ $250.23 Million |
+4.54% |
| 2016-12-31 | CN¥1.64 Billion ≈ $239.36 Million |
+23.00% |
| 2015-12-31 | CN¥1.33 Billion ≈ $194.59 Million |
+7.21% |
| 2014-12-31 | CN¥1.24 Billion ≈ $181.50 Million |
+13.36% |
| 2013-12-31 | CN¥1.09 Billion ≈ $160.11 Million |
+16.12% |
| 2012-12-31 | CN¥942.27 Million ≈ $137.88 Million |
-24.68% |
| 2011-12-31 | CN¥1.25 Billion ≈ $183.06 Million |
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About Zhejiang XCC Group Co Ltd
Zhejiang XCC Group Co.,Ltd engages in the research, development, manufacture, and sale of bearings in the United States, Japan, Korea, Brazil, and internationally. The company offers automotive bearings, which includes electric car motor and transmission, alternator, tensioner, engine fan, steering, AC clutch, water pump, propeller and drive shaft, CVJ roller assembly, and ZXZ automotive series b… Read more