Zhejiang Power New Energy Co. Ltd. A (688184) - Total Assets
Based on the latest financial reports, Zhejiang Power New Energy Co. Ltd. A (688184) holds total assets worth CN¥2.36 Billion CNY (≈ $345.54 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. See 688184 net assets for net asset value and shareholders' equity analysis.
Zhejiang Power New Energy Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how Zhejiang Power New Energy Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. Check 688184 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Zhejiang Power New Energy Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Power New Energy Co. Ltd. A's total assets of CN¥2.36 Billion consist of 54.6% current assets and 45.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.8% |
| Accounts Receivable | CN¥105.26 Million | 3.6% |
| Inventory | CN¥583.80 Million | 20.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥150.93 Million | 5.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Zhejiang Power New Energy Co. Ltd. A'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 Power New Energy Co. Ltd. A market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Power New Energy Co. Ltd. A's current assets represent 54.6% of total assets in 2024, an increase from 53.2% in 2020.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 6.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 20.2% of total assets.
Zhejiang Power New Energy Co. Ltd. A Competitors by Total Assets
Key competitors of Zhejiang Power New Energy Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥18.95 Billion |
|
Rongsheng Petrochemical Co Ltd
SHE:002493
|
China | CN¥392.92 Billion |
|
Shandong Hualu Hengsheng Chemical Co Ltd
SHG:600426
|
China | CN¥51.54 Billion |
|
FSPG Hi-Tech Co Ltd
SHE:000973
|
China | CN¥5.04 Billion |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
|
China | CN¥9.36 Billion |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
|
China | CN¥29.29 Billion |
|
Shanghai Pret Composites
SHE:002324
|
China | CN¥13.10 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
Zhejiang Power New Energy Co. Ltd. A - 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 | 1.57 | 1.64 | 3.30 |
| Quick Ratio | 1.09 | 0.88 | 2.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥384.05 Million | CN¥714.30 Million | CN¥1.53 Billion |
Zhejiang Power New Energy Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Zhejiang Power New Energy Co. Ltd. A'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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -26.4% |
| Total Assets | CN¥2.89 Billion |
| Market Capitalization | $302.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Power New Energy Co. Ltd. A's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Power New Energy Co. Ltd. A's assets decreased by 26.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Power New Energy Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Zhejiang Power New Energy Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.89 Billion ≈ $422.67 Million |
-26.36% |
| 2023-12-31 | CN¥3.92 Billion ≈ $574.00 Million |
-4.47% |
| 2022-12-31 | CN¥4.11 Billion ≈ $600.87 Million |
+103.94% |
| 2021-12-31 | CN¥2.01 Billion ≈ $294.63 Million |
+105.52% |
| 2020-12-31 | CN¥979.70 Million ≈ $143.36 Million |
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About Zhejiang Power New Energy Co. Ltd. A
Zhejiang Power New Energy Co., Ltd. engages in the research, development, production, and sale of lithium-ion battery ternary cathode material precursors in China. The company offers ternary cathode material precursors, which are used in electric vehicles, mobile phones, laptops, power tools, electric bicycles, and other fields. It also provides pre-sale and in-sale services. The company was foun… Read more