Zhejiang Changhua Auto Parts Co Ltd
Changhua Holding Group Co., Ltd. engages in the research and development, production, and sale of automotive metal parts in China and internationally. It offers fasteners, such as bolts, nuts, and special-shaped parts. The company also engages in sunroof reinforcement plate assembly, instrument assembly, trunk partition assembly, rear subframe reinforcement, wheel cover, floor center crossbeam, f… Read more
Zhejiang Changhua Auto Parts Co Ltd (605018) - Total Assets
Latest total assets as of September 2025: CN¥3.40 Billion CNY
Based on the latest financial reports, Zhejiang Changhua Auto Parts Co Ltd (605018) holds total assets worth CN¥3.40 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 Changhua Auto Parts Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Zhejiang Changhua Auto Parts Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Changhua Auto Parts Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Changhua Auto Parts Co Ltd's total assets of CN¥3.40 Billion consist of 42.8% current assets and 57.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.3% |
| Accounts Receivable | CN¥425.35 Million | 12.9% |
| Inventory | CN¥497.76 Million | 15.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥190.38 Million | 5.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Zhejiang Changhua Auto Parts 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Changhua Auto Parts Co Ltd's current assets represent 42.8% of total assets in 2024, a decrease from 50.0% in 2016.
- Cash Position: Cash and equivalents constituted 7.3% of total assets in 2024, up from 5.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 2.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 15.1% of total assets.
Zhejiang Changhua Auto Parts Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Changhua Auto Parts Co Ltd 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 Changhua Auto Parts Co Ltd - 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 Changhua Auto Parts Co Ltd generates 0.67x 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 Changhua Auto Parts Co Ltd generates $ 3.45 in net profit.
Zhejiang Changhua Auto Parts 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 | 2.37 | 3.10 | 2.96 |
| Quick Ratio | 1.59 | 2.00 | 2.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥815.02 Million | CN¥ 891.50 Million | CN¥ 871.90 Million |
Zhejiang Changhua Auto Parts Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Changhua Auto Parts 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 | 2.10 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -9.2% |
| Total Assets | CN¥3.29 Billion |
| Market Capitalization | $144.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Changhua Auto Parts Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Changhua Auto Parts Co Ltd's assets decreased by 9.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Changhua Auto Parts Co Ltd (2016–2024)
The table below shows the annual total assets of Zhejiang Changhua Auto Parts Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.29 Billion | -9.17% |
| 2023-12-31 | CN¥3.63 Billion | +6.46% |
| 2022-12-31 | CN¥3.41 Billion | +30.99% |
| 2021-12-31 | CN¥2.60 Billion | +7.27% |
| 2020-12-31 | CN¥2.42 Billion | +30.66% |
| 2019-12-31 | CN¥1.86 Billion | +8.72% |
| 2018-12-31 | CN¥1.71 Billion | +5.05% |
| 2017-12-31 | CN¥1.62 Billion | +12.18% |
| 2016-12-31 | CN¥1.45 Billion | -- |