Zhejiang Xidamen New Material Co.Ltd.
Zhejiang Xidamen New Material Co.,Ltd. engages in the research and development, design, production, and sale of indoor and outdoor light and heat block, anti-dust, anti-UV, and energy saving products in China. The company offers window covering materials, including sun screen, zebra, Shangri-la, blackout roller blinds, and relative ready made products for use in hotels, office buildings, librarie… Read more
Zhejiang Xidamen New Material Co.Ltd. (605155) - Total Assets
Latest total assets as of September 2025: CN¥1.42 Billion CNY
Based on the latest financial reports, Zhejiang Xidamen New Material Co.Ltd. (605155) holds total assets worth CN¥1.42 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 Xidamen New Material Co.Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how Zhejiang Xidamen New Material Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Xidamen New Material Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Xidamen New Material Co.Ltd.'s total assets of CN¥1.42 Billion consist of 62.1% current assets and 37.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.6% |
| Accounts Receivable | CN¥89.29 Million | 6.5% |
| Inventory | CN¥176.97 Million | 12.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥32.09 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Zhejiang Xidamen New 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Xidamen New Material Co.Ltd.'s current assets represent 62.1% of total assets in 2024, an increase from 51.4% in 2016.
- Cash Position: Cash and equivalents constituted 24.6% of total assets in 2024, up from 19.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 12.8% of total assets.
Zhejiang Xidamen New Material Co.Ltd. Competitors by Total Assets
Key competitors of Zhejiang Xidamen New Material Co.Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Zhejiang Xidamen New Material 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 Xidamen New Material Co.Ltd. generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhejiang Xidamen New Material Co.Ltd. generates $8.83 in net profit.
Zhejiang Xidamen New 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 | 8.88 | 8.85 | 9.40 |
| Quick Ratio | 6.86 | 6.96 | 8.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥698.50 Million | CN¥ 724.03 Million | CN¥ 700.84 Million |
Zhejiang Xidamen New Material Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Zhejiang Xidamen New 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 | 2.76 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | CN¥1.38 Billion |
| Market Capitalization | $169.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Xidamen New Material Co.Ltd.'s assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Xidamen New Material Co.Ltd.'s assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Xidamen New Material Co.Ltd. (2016–2024)
The table below shows the annual total assets of Zhejiang Xidamen New Material Co.Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.38 Billion | +6.45% |
| 2023-12-31 | CN¥1.30 Billion | +6.72% |
| 2022-12-31 | CN¥1.22 Billion | +5.11% |
| 2021-12-31 | CN¥1.16 Billion | +5.48% |
| 2020-12-31 | CN¥1.10 Billion | +100.10% |
| 2019-12-31 | CN¥549.49 Million | +16.58% |
| 2018-12-31 | CN¥471.36 Million | +38.37% |
| 2017-12-31 | CN¥340.66 Million | +21.36% |
| 2016-12-31 | CN¥280.71 Million | -- |