Hangzhou First PV Material Co Ltd (603806) - Total Assets

Latest as of September 2025: CN¥20.68 Billion CNY ≈ $3.03 Billion USD

Based on the latest financial reports, Hangzhou First PV Material Co Ltd (603806) holds total assets worth CN¥20.68 Billion CNY (≈ $3.03 Billion 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. Check Hangzhou First PV Material Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Hangzhou First PV Material Co Ltd - Total Assets Trend (2009–2024)

This chart illustrates how Hangzhou First PV Material Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Hangzhou First PV Material Co Ltd to see how much of total assets are deployed in long-term investments.

Hangzhou First PV Material Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Hangzhou First PV Material Co Ltd's total assets of CN¥20.68 Billion consist of 75.1% current assets and 24.9% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	23.6%
Accounts Receivable	CN¥5.92 Billion	27.9%
Inventory	CN¥1.87 Billion	8.8%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥458.49 Million	2.2%
Goodwill	CN¥0.00	0.0%

Asset Composition Trend (2009–2024)

This chart illustrates how Hangzhou First PV Material 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 market cap of Hangzhou First PV Material Co Ltd.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Hangzhou First PV Material Co Ltd's current assets represent 75.1% of total assets in 2024, an increase from 61.8% in 2009.
Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, up from 8.7% in 2009.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 14.0% in 2009.
Asset Diversification: The largest asset category is accounts receivable at 27.9% of total assets.

Hangzhou First PV Material Co Ltd Competitors by Total Assets

Key competitors of Hangzhou First PV Material Co Ltd based on total assets are shown below.

Company	Country	Total Assets
3Peak Inc SHG:688536	China	CN¥7.09 Billion
Thinkon Semiconductor Jinzhou Corp SHG:688233	China	CN¥2.10 Billion
JHT Design Co. Ltd. Cl A SHG:603061	China	CN¥2.36 Billion
GIGAVIS LTD (PROPOSED) KQ:420770	Korea	₩231.21 Billion
JiLin Sino-Microelectronics Co Ltd SHG:600360	China	CN¥5.62 Billion
Zhejiang Mtcn Technology Co Ltd SHE:003026	China	CN¥1.26 Billion
Semco Technologies Sas PA:ALSEM	France	€35.29 Million
New Power Plasma Co.Ltd KQ:144960	Korea	₩998.38 Billion

Hangzhou First PV Material 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	13.11	8.26	8.24
Quick Ratio	11.42	7.18	7.37
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥14.12 Billion	CN¥14.47 Billion	CN¥8.19 Billion

Hangzhou First PV Material Co Ltd - Advanced Valuation Insights

This section examines the relationship between Hangzhou First PV Material 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	2.87
Latest Market Cap to Assets Ratio	0.32
Asset Growth Rate (YoY)	-2.9%
Total Assets	CN¥21.21 Billion
Market Capitalization	$6.69 Billion USD

Valuation Analysis

Below Book Valuation: The market values Hangzhou First PV Material Co Ltd's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Hangzhou First PV Material Co Ltd's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Hangzhou First PV Material Co Ltd (2009–2024)

The table below shows the annual total assets of Hangzhou First PV Material Co Ltd from 2009 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥21.21 Billion ≈ $3.10 Billion	-2.86%
2023-12-31	CN¥21.84 Billion ≈ $3.20 Billion	+8.13%
2022-12-31	CN¥20.19 Billion ≈ $2.96 Billion	+47.54%
2021-12-31	CN¥13.69 Billion ≈ $2.00 Billion	+18.56%
2020-12-31	CN¥11.54 Billion ≈ $1.69 Billion	+39.01%
2019-12-31	CN¥8.31 Billion ≈ $1.22 Billion	+28.64%
2018-12-31	CN¥6.46 Billion ≈ $944.70 Million	+13.19%
2017-12-31	CN¥5.70 Billion ≈ $834.58 Million	+3.76%
2016-12-31	CN¥5.50 Billion ≈ $804.31 Million	+13.68%
2015-12-31	CN¥4.83 Billion ≈ $707.51 Million	+13.50%
2014-12-31	CN¥4.26 Billion ≈ $623.38 Million	+81.48%
2013-12-31	CN¥2.35 Billion ≈ $343.49 Million	+11.64%
2012-12-31	CN¥2.10 Billion ≈ $307.67 Million	+41.00%
2011-12-31	CN¥1.49 Billion ≈ $218.20 Million	+62.73%
2010-12-31	CN¥916.37 Million ≈ $134.09 Million	+168.55%
2009-12-31	CN¥341.23 Million ≈ $49.93 Million	--

About Hangzhou First PV Material Co Ltd

SHG:603806 China Semiconductor Equipment & Materials

Market Cap

$6.69 Billion

CN¥45.71 Billion CNY

Market Cap Rank

#3003 Global

#401 in China

Share Price

CN¥17.52

Change (1 day)

+1.04%

52-Week Range

CN¥12.62 - CN¥20.00

All Time High

CN¥1254.69