Assure Tech Hangzhou Co Ltd
Assure Tech (Hangzhou) Co., Ltd. engages in the research and development, production, and sale of vitro diagnostic reagents, and instruments in China. It is also involved in POCT and plastic product manufacturing; online sales; pharmaceutical sales; and medical testing. In addition, the company offers drug of abuse, infectious disease, fertility, cardiac marker, tumor marker, allergen, and veteri… Read more
Assure Tech Hangzhou Co Ltd (688075) - Total Assets
Latest total assets as of September 2025: CN¥5.64 Billion CNY
Based on the latest financial reports, Assure Tech Hangzhou Co Ltd (688075) holds total assets worth CN¥5.64 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.
Assure Tech Hangzhou Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Assure Tech Hangzhou Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Assure Tech Hangzhou Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Assure Tech Hangzhou Co Ltd's total assets of CN¥5.64 Billion consist of 82.7% current assets and 17.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.1% |
| Accounts Receivable | CN¥211.69 Million | 3.7% |
| Inventory | CN¥147.17 Million | 2.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥45.78 Million | 0.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Assure Tech Hangzhou 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: Assure Tech Hangzhou Co Ltd's current assets represent 82.7% of total assets in 2024, an increase from 73.3% in 2017.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, down from 39.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 3.7% of total assets.
Assure Tech Hangzhou Co Ltd Competitors by Total Assets
Key competitors of Assure Tech Hangzhou Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Assure Tech Hangzhou 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
Lower asset utilization - Assure Tech Hangzhou Co Ltd generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Assure Tech Hangzhou Co Ltd generates $ 3.33 in net profit.
Assure Tech Hangzhou 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 | 11.60 | 8.96 | 3.62 |
| Quick Ratio | 11.28 | 8.66 | 2.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.23 Billion | CN¥ 4.30 Billion | CN¥ 273.30 Million |
Assure Tech Hangzhou Co Ltd - Advanced Valuation Insights
This section examines the relationship between Assure Tech Hangzhou 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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | CN¥5.77 Billion |
| Market Capitalization | $166.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Assure Tech Hangzhou Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Assure Tech Hangzhou Co Ltd's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Assure Tech Hangzhou Co Ltd (2017–2024)
The table below shows the annual total assets of Assure Tech Hangzhou Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.77 Billion | -0.35% |
| 2023-12-31 | CN¥5.79 Billion | -16.60% |
| 2022-12-31 | CN¥6.94 Billion | +111.61% |
| 2021-12-31 | CN¥3.28 Billion | +197.98% |
| 2020-12-31 | CN¥1.10 Billion | +404.75% |
| 2019-12-31 | CN¥218.11 Million | +16.51% |
| 2018-12-31 | CN¥187.21 Million | +17.35% |
| 2017-12-31 | CN¥159.54 Million | -- |