ZheJiang HuaSheng Technology Co.Ltd (605180) - Total Assets
Based on the latest financial reports, ZheJiang HuaSheng Technology Co.Ltd (605180) holds total assets worth CN¥1.23 Billion CNY (≈ $180.03 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. Check ZheJiang HuaSheng Technology Co.Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
ZheJiang HuaSheng Technology Co.Ltd - Total Assets Trend (2019–2024)
This chart illustrates how ZheJiang HuaSheng Technology Co.Ltd's total assets have evolved over time, based on quarterly financial data. Check ZheJiang HuaSheng Technology Co.Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
ZheJiang HuaSheng Technology Co.Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
ZheJiang HuaSheng Technology Co.Ltd's total assets of CN¥1.23 Billion consist of 60.0% current assets and 40.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 30.4% |
| Accounts Receivable | CN¥205.37 Million | 17.2% |
| Inventory | CN¥99.15 Million | 8.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥61.86 Million | 5.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how ZheJiang HuaSheng Technology 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 ZheJiang HuaSheng Technology Co.Ltd (605180) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ZheJiang HuaSheng Technology Co.Ltd's current assets represent 60.0% of total assets in 2024, a decrease from 68.5% in 2019.
- Cash Position: Cash and equivalents constituted 30.4% of total assets in 2024, down from 32.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 8.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 17.2% of total assets.
ZheJiang HuaSheng Technology Co.Ltd Competitors by Total Assets
Key competitors of ZheJiang HuaSheng Technology Co.Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥14.10 Billion |
|
Zhejiang Taihua New Material
SHG:603055
|
China | CN¥11.56 Billion |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055
|
China | CN¥2.86 Billion |
|
Lu Thai Textile Co Ltd
SHE:000726
|
China | CN¥14.17 Billion |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
China | CN¥1.57 Billion |
|
Best Pacific International Holdings Limited
F:NWQ
|
Germany | €6.66 Billion |
|
SEONGAN CO. Ltd
KO:011300
|
Korea | ₩106.97 Billion |
|
Guangdong Modern High Tech Fiber Co
SHE:300876
|
China | CN¥1.78 Billion |
ZheJiang HuaSheng Technology 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 | 7.27 | 16.77 | 34.18 |
| Quick Ratio | 6.05 | 14.46 | 28.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥513.46 Million | CN¥768.35 Million | CN¥926.81 Million |
ZheJiang HuaSheng Technology Co.Ltd - Advanced Valuation Insights
This section examines the relationship between ZheJiang HuaSheng Technology 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 | 2.41 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 5.8% |
| Total Assets | CN¥1.20 Billion |
| Market Capitalization | $345.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values ZheJiang HuaSheng Technology Co.Ltd's assets below their book value (0.29x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ZheJiang HuaSheng Technology Co.Ltd's assets grew by 5.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ZheJiang HuaSheng Technology Co.Ltd (2019–2024)
The table below shows the annual total assets of ZheJiang HuaSheng Technology Co.Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion ≈ $175.19 Million |
+5.78% |
| 2023-12-31 | CN¥1.13 Billion ≈ $165.61 Million |
+0.40% |
| 2022-12-31 | CN¥1.13 Billion ≈ $164.96 Million |
-9.06% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.39 Million |
+138.35% |
| 2020-12-31 | CN¥520.07 Million ≈ $76.10 Million |
+23.22% |
| 2019-12-31 | CN¥422.07 Million ≈ $61.76 Million |
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About ZheJiang HuaSheng Technology Co.Ltd
ZheJiang HuaSheng Technology Co.,Ltd researches, produces, and markets Airtight material and PVC flexible material China. Its airtight material, including PVC inflatable boat material and drop stitch material; and PVC flexible material comprising PVC flex banner and PVC tarpaulin. The company was founded in 2006 and is based in Jiaxing, China.