Zhejiang Dehong Automotive
Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd. engages in the research and development, manufacture, and sale of automobile alternators in China and internationally. Its products are used in commercial vehicles and passenger cars, aftermarket products, and electronic vacuum pumps. The company was founded in 1978 and is headquartered in Huzhou, China.
Zhejiang Dehong Automotive (603701) - Total Assets
Latest total assets as of September 2025: CN¥1.43 Billion CNY
Based on the latest financial reports, Zhejiang Dehong Automotive (603701) holds total assets worth CN¥1.43 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 Dehong Automotive - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Dehong Automotive’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Dehong Automotive - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Dehong Automotive's total assets of CN¥1.43 Billion consist of 60.1% current assets and 39.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.4% |
| Accounts Receivable | CN¥330.17 Million | 25.7% |
| Inventory | CN¥180.09 Million | 14.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥27.00 Million | 2.1% |
| Goodwill | CN¥54.36 Million | 4.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Dehong Automotive'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 Dehong Automotive's current assets represent 60.1% of total assets in 2024, a decrease from 60.7% in 2011.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, up from 7.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 11.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 25.7% of total assets.
Zhejiang Dehong Automotive Competitors by Total Assets
Key competitors of Zhejiang Dehong Automotive based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Zhejiang Dehong Automotive - 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
Moderate asset utilization - Zhejiang Dehong Automotive generates 0.55x 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, Zhejiang Dehong Automotive generates $ 3.60 in net profit.
Zhejiang Dehong Automotive - 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 | 1.58 | 2.30 | 2.59 |
| Quick Ratio | 1.18 | 1.70 | 2.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥287.35 Million | CN¥ 375.20 Million | CN¥ 355.94 Million |
Zhejiang Dehong Automotive - Advanced Valuation Insights
This section examines the relationship between Zhejiang Dehong Automotive'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 | 6.67 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 12.8% |
| Total Assets | CN¥1.28 Billion |
| Market Capitalization | $387.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Dehong Automotive's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Dehong Automotive's assets grew by 12.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Dehong Automotive (2011–2024)
The table below shows the annual total assets of Zhejiang Dehong Automotive from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | +12.83% |
| 2023-12-31 | CN¥1.14 Billion | +11.96% |
| 2022-12-31 | CN¥1.02 Billion | +5.91% |
| 2021-12-31 | CN¥958.69 Million | -3.36% |
| 2020-12-31 | CN¥992.03 Million | +1.68% |
| 2019-12-31 | CN¥975.61 Million | +7.21% |
| 2018-12-31 | CN¥910.02 Million | +7.10% |
| 2017-12-31 | CN¥849.69 Million | +14.50% |
| 2016-12-31 | CN¥742.12 Million | +57.10% |
| 2015-12-31 | CN¥472.40 Million | +7.68% |
| 2014-12-31 | CN¥438.71 Million | +5.30% |
| 2013-12-31 | CN¥416.65 Million | +5.31% |
| 2012-12-31 | CN¥395.63 Million | +5.36% |
| 2011-12-31 | CN¥375.52 Million | -- |