Zhejiang Shengyang Science
Zhejiang Shengyang Science and Technology Co.,Ltd., together with its subsidiaries, engages in the development, production, and sale of communication equipment in China, and internationally. Its products include 75-ohm coaxial cables, satellite high-frequency heads, intelligent control components, satellite communication terminals, 5G communication towers, connection products, and integrated wiri… Read more
Zhejiang Shengyang Science (603703) - Total Assets
Latest total assets as of September 2025: CN¥1.96 Billion CNY
Based on the latest financial reports, Zhejiang Shengyang Science (603703) holds total assets worth CN¥1.96 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 Shengyang Science - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Shengyang Science’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Shengyang Science - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Shengyang Science's total assets of CN¥1.96 Billion consist of 53.2% current assets and 46.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.6% |
| Accounts Receivable | CN¥328.11 Million | 18.1% |
| Inventory | CN¥335.29 Million | 18.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥95.49 Million | 5.3% |
| Goodwill | CN¥155.19 Million | 8.6% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Shengyang Science'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 Shengyang Science's current assets represent 53.2% of total assets in 2024, a decrease from 60.2% in 2011.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 18.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 7.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 18.5% of total assets.
Zhejiang Shengyang Science Competitors by Total Assets
Key competitors of Zhejiang Shengyang Science based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Zhejiang Shengyang Science - 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 Shengyang Science generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Shengyang Science is currently not profitable relative to its asset base.
Zhejiang Shengyang Science - 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 | 1.11 | 1.01 | 1.85 |
| Quick Ratio | 0.70 | 0.66 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥107.59 Million | CN¥ 10.09 Million | CN¥ 669.86 Million |
Zhejiang Shengyang Science - Advanced Valuation Insights
This section examines the relationship between Zhejiang Shengyang Science'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 | 7.25 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | CN¥1.82 Billion |
| Market Capitalization | $422.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Shengyang Science's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Shengyang Science's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Shengyang Science (2011–2024)
The table below shows the annual total assets of Zhejiang Shengyang Science from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.82 Billion | +1.35% |
| 2023-12-31 | CN¥1.79 Billion | -6.88% |
| 2022-12-31 | CN¥1.92 Billion | -2.92% |
| 2021-12-31 | CN¥1.98 Billion | -8.03% |
| 2020-12-31 | CN¥2.15 Billion | +54.04% |
| 2019-12-31 | CN¥1.40 Billion | +11.00% |
| 2018-12-31 | CN¥1.26 Billion | +16.77% |
| 2017-12-31 | CN¥1.08 Billion | +27.94% |
| 2016-12-31 | CN¥843.31 Million | +7.98% |
| 2015-12-31 | CN¥780.97 Million | +31.48% |
| 2014-12-31 | CN¥594.01 Million | +10.34% |
| 2013-12-31 | CN¥538.34 Million | +18.31% |
| 2012-12-31 | CN¥455.02 Million | +1.26% |
| 2011-12-31 | CN¥449.37 Million | -- |