Zhejiang Heda Technology Co Ltd
Zhejiang Heda Technology Co., Ltd. operates in the water industry in China. The company offers leakage warning products, including noise monitors, smart pressure management valves, correlators, IoT remote control butterfly valves, integrated fire hydrants, integrated fire hydrant monitoring terminals, intelligent sealing covers, and multi-sensor early warning terminals; telemetry terminal product… Read more
Zhejiang Heda Technology Co Ltd (688296) - Total Assets
Latest total assets as of September 2025: CN¥956.92 Million CNY
Based on the latest financial reports, Zhejiang Heda Technology Co Ltd (688296) holds total assets worth CN¥956.92 Million 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 Heda Technology Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Zhejiang Heda Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Heda Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Heda Technology Co Ltd's total assets of CN¥956.92 Million consist of 78.3% current assets and 21.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 33.9% |
| Accounts Receivable | CN¥328.48 Million | 33.6% |
| Inventory | CN¥71.75 Million | 7.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥11.03 Million | 1.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Zhejiang Heda 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Heda Technology Co Ltd's current assets represent 78.3% of total assets in 2024, a decrease from 93.9% in 2012.
- Cash Position: Cash and equivalents constituted 33.9% of total assets in 2024, up from 24.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 33.6% of total assets.
Zhejiang Heda Technology Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Heda Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Zhejiang Heda Technology 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 Heda Technology Co Ltd generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Heda Technology Co Ltd is currently not profitable relative to its asset base.
Zhejiang Heda 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 | 2.61 | 3.45 | 2.97 |
| Quick Ratio | 2.12 | 2.94 | 2.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥443.42 Million | CN¥ 525.92 Million | CN¥ 322.32 Million |
Zhejiang Heda Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Heda 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 | 2.78 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | CN¥978.96 Million |
| Market Capitalization | $122.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Heda Technology Co Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Heda Technology Co Ltd's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Heda Technology Co Ltd (2012–2024)
The table below shows the annual total assets of Zhejiang Heda Technology Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥978.96 Million | -2.03% |
| 2023-12-31 | CN¥999.23 Million | +1.34% |
| 2022-12-31 | CN¥985.97 Million | +3.57% |
| 2021-12-31 | CN¥951.97 Million | +75.08% |
| 2020-12-31 | CN¥543.73 Million | +34.29% |
| 2019-12-31 | CN¥404.89 Million | +58.85% |
| 2018-12-31 | CN¥254.90 Million | +26.64% |
| 2017-12-31 | CN¥201.28 Million | +43.89% |
| 2016-12-31 | CN¥139.88 Million | +55.45% |
| 2015-12-31 | CN¥89.98 Million | +104.47% |
| 2014-12-31 | CN¥44.01 Million | -6.61% |
| 2013-12-31 | CN¥47.12 Million | +53.97% |
| 2012-12-31 | CN¥30.60 Million | -- |