Zhejiang Changhua Auto Parts Co Ltd (605018) - Total Assets
Based on the latest financial reports, Zhejiang Changhua Auto Parts Co Ltd (605018) holds total assets worth CN¥3.40 Billion CNY (≈ $497.24 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.
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. Also see 605018 market cap overview for the company's overall valuation and market capitalisation.
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. Review 605018 total debt and obligations to assess the company's total debt and financial obligations.
| 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. See current stock price of Zhejiang Changhua Auto Parts Co Ltd for real-time trading data and today's change.
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 |
|---|---|---|
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
USA | $1.31 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
|
Hankook Tire Worldwide
KO:000240
|
Korea | ₩5.04 Trillion |
|
ADIENT PLC DL-001
F:18I
|
Germany | €8.77 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
China | CN¥7.56 Billion |
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 | 0.27 |
| Asset Growth Rate (YoY) | -9.2% |
| Total Assets | CN¥3.29 Billion |
| Market Capitalization | $876.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Changhua Auto Parts Co Ltd's assets below their book value (0.27x), 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 ≈ $482.06 Million |
-9.17% |
| 2023-12-31 | CN¥3.63 Billion ≈ $530.73 Million |
+6.46% |
| 2022-12-31 | CN¥3.41 Billion ≈ $498.52 Million |
+30.99% |
| 2021-12-31 | CN¥2.60 Billion ≈ $380.56 Million |
+7.27% |
| 2020-12-31 | CN¥2.42 Billion ≈ $354.78 Million |
+30.66% |
| 2019-12-31 | CN¥1.86 Billion ≈ $271.54 Million |
+8.72% |
| 2018-12-31 | CN¥1.71 Billion ≈ $249.75 Million |
+5.05% |
| 2017-12-31 | CN¥1.62 Billion ≈ $237.75 Million |
+12.18% |
| 2016-12-31 | CN¥1.45 Billion ≈ $211.93 Million |
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About 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