Zhejiang HangKe Technology Co Ltd (688006) - Total Assets
Based on the latest financial reports, Zhejiang HangKe Technology Co Ltd (688006) holds total assets worth CN¥9.85 Billion CNY (≈ $1.44 Billion 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. Check 688006 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang HangKe Technology Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Zhejiang HangKe Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Check Zhejiang HangKe Technology Co Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Zhejiang HangKe Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang HangKe Technology Co Ltd's total assets of CN¥9.85 Billion consist of 83.8% current assets and 16.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 31.4% |
| Accounts Receivable | CN¥2.15 Billion | 22.0% |
| Inventory | CN¥2.91 Billion | 29.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥197.06 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Zhejiang HangKe 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 HangKe Technology Co Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang HangKe Technology Co Ltd's current assets represent 83.8% of total assets in 2024, a decrease from 90.3% in 2015.
- Cash Position: Cash and equivalents constituted 31.4% of total assets in 2024, up from 27.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 29.8% of total assets.
Zhejiang HangKe Technology Co Ltd Competitors by Total Assets
Key competitors of Zhejiang HangKe Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EVE Energy
SHE:300014
|
China | CN¥132.76 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Gongniu Group Co Ltd
SHG:603195
|
China | CN¥21.27 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥25.80 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
China | CN¥4.48 Billion |
Zhejiang HangKe 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 | 1.91 | 1.87 | 2.48 |
| Quick Ratio | 1.31 | 1.28 | 1.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.93 Billion | CN¥3.74 Billion | CN¥1.91 Billion |
Zhejiang HangKe Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang HangKe 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 | 3.34 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | CN¥9.77 Billion |
| Market Capitalization | $3.28 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang HangKe Technology Co Ltd's assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang HangKe Technology Co Ltd's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang HangKe Technology Co Ltd (2015–2024)
The table below shows the annual total assets of Zhejiang HangKe Technology Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.77 Billion ≈ $1.43 Billion |
-4.45% |
| 2023-12-31 | CN¥10.22 Billion ≈ $1.50 Billion |
+28.35% |
| 2022-12-31 | CN¥7.97 Billion ≈ $1.17 Billion |
+38.15% |
| 2021-12-31 | CN¥5.77 Billion ≈ $843.81 Million |
+48.78% |
| 2020-12-31 | CN¥3.88 Billion ≈ $567.15 Million |
+1.26% |
| 2019-12-31 | CN¥3.83 Billion ≈ $560.11 Million |
+65.85% |
| 2018-12-31 | CN¥2.31 Billion ≈ $337.72 Million |
+25.67% |
| 2017-12-31 | CN¥1.84 Billion ≈ $268.73 Million |
+46.59% |
| 2016-12-31 | CN¥1.25 Billion ≈ $183.32 Million |
+163.00% |
| 2015-12-31 | CN¥476.34 Million ≈ $69.70 Million |
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About Zhejiang HangKe Technology Co Ltd
Zhejiang HangKe Technology Incorporated Company designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for the rechargeable batteries in China. The company offers post-processing systems for pouch and prismatic Li-ion power cells, as well as for cylindrical and 3C pouch Li-ion cells; and test and logistics software systems. Zhejiang HangKe Technology Incorpora… Read more