Zhejiang Tengen Electrics Co Ltd Total Assets
Zhejiang Tengen Electrics Co Ltd total assets. Based on the latest financial reports, Zhejiang Tengen Electrics Co Ltd (605066) holds total assets worth CN¥3.11 Billion CNY (≈ $455.61 Million USD) as of June 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. Also see market cap of Zhejiang Tengen Electrics Co Ltd for the company's overall valuation and market capitalisation.
Total Assets of Zhejiang Tengen Electrics Co Ltd (2019–2024)
Total assets of Zhejiang Tengen Electrics Co Ltd from 2019 to 2024. This chart illustrates how Zhejiang Tengen Electrics Co Ltd's total assets have evolved over time, based on quarterly financial data. See current stock price of Zhejiang Tengen Electrics Co Ltd for real-time trading data and today's change.
Zhejiang Tengen Electrics Co Ltd - Asset Composition Analysis
Zhejiang Tengen Electrics Co Ltd Total Assets Breakdown (December 2024)
Zhejiang Tengen Electrics Co Ltd total assets breakdown as of December 2024. Zhejiang Tengen Electrics Co Ltd's total assets of CN¥3.11 Billion consist of 70.9% current assets and 29.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.9% |
| Accounts Receivable | CN¥770.17 Million | 24.3% |
| Inventory | CN¥287.03 Million | 9.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥117.40 Million | 3.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang Tengen Electrics 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. Explore Zhejiang Tengen Electrics Co Ltd working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Tengen Electrics Co Ltd's current assets represent 70.9% of total assets in 2024, a decrease from 75.7% in 2019.
- Cash Position: Cash and equivalents constituted 22.9% of total assets in 2024, up from 18.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 24.3% of total assets.
Zhejiang Tengen Electrics Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Tengen Electrics Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nanya New Material Technology Co Ltd
SHG:688519
|
China | CN¥7.93 Billion |
|
Guobo Electronics Co. Ltd. A
SHG:688375
|
China | CN¥8.41 Billion |
|
Founder Technology Group Co Ltd
SHG:600601
|
China | CN¥8.88 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
China | CN¥7.04 Billion |
|
Leyard Optoelectronic
SHE:300296
|
China | CN¥13.80 Billion |
|
NCAB Group
ST:NCAB
|
Sweden | Skr3.52 Billion |
|
Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389
|
China | CN¥3.21 Billion |
|
Sichuan Furong Technology Co Ltd
SHG:603327
|
China | CN¥3.75 Billion |
Zhejiang Tengen Electrics 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 | 1.74 | 1.69 | 1.79 |
| Quick Ratio | 1.55 | 1.53 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥937.97 Million | CN¥973.88 Million | CN¥1.03 Billion |
Zhejiang Tengen Electrics Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tengen Electrics 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 | 2.03 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -8.5% |
| Total Assets | CN¥3.17 Billion |
| Market Capitalization | $471.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tengen Electrics Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Tengen Electrics Co Ltd's assets decreased by 8.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Tengen Electrics Co Ltd (2019–2024)
The table below shows the annual total assets of Zhejiang Tengen Electrics Co Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.17 Billion ≈ $463.37 Million |
-8.46% |
| 2023-12-31 | CN¥3.46 Billion ≈ $506.20 Million |
+13.22% |
| 2022-12-31 | CN¥3.06 Billion ≈ $447.08 Million |
-6.42% |
| 2021-12-31 | CN¥3.26 Billion ≈ $477.74 Million |
+2.84% |
| 2020-12-31 | CN¥3.17 Billion ≈ $464.55 Million |
+54.01% |
| 2019-12-31 | CN¥2.06 Billion ≈ $301.64 Million |
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About Zhejiang Tengen Electrics Co Ltd
Zhejiang Tengen Electrics Co.,Ltd. manufactures and sells industrial electrical products in China. The company offers low-voltage power distribution and control appliances, intelligent instruments, power supplies, frequency converters, high-voltage electrical appliances, and building electrical appliances. It also provides power distribution electrics, such as air circuit breaker, moulded case ci… Read more