Zhejiang Heda Technology Co Ltd (688296) - Total Assets
Based on the latest financial reports, Zhejiang Heda Technology Co Ltd (688296) holds total assets worth CN¥905.22 Million CNY (≈ $132.46 Million USD) as of March 2026. 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 (2012–2025)
This chart illustrates how Zhejiang Heda Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 688296 market cap overview for the company's overall valuation and market capitalisation.
Zhejiang Heda Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Zhejiang Heda Technology Co Ltd's total assets of CN¥905.22 Million consist of 76.9% current assets and 23.1% non-current assets. Review 688296 current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 33.6% |
| Accounts Receivable | CN¥231.46 Million | 24.0% |
| Inventory | CN¥115.12 Million | 12.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥10.90 Million | 1.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2025)
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. See 688296 share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Heda Technology Co Ltd's current assets represent 76.9% of total assets in 2025, a decrease from 93.9% in 2012.
- Cash Position: Cash and equivalents constituted 33.6% of total assets in 2025, 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 24.0% 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 |
|---|---|---|
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
China | CN¥1.91 Billion |
|
Eastern Water Resources Development and Management Public Company Limited
F:7ES1
|
Germany | €27.84 Billion |
|
Rubicon Water Ltd
AU:RWL
|
Australia | AU$101.17 Million |
|
Duxton Water Ltd
AU:D2O
|
Australia | AU$234.21 Million |
|
Clean TEQ Water Ltd
AU:CNQ
|
Australia | AU$16.94 Million |
|
Ekopak BV
BR:EKOP
|
Belgium | €158.57 Million |
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
Brazil | R$17.74 Billion |
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 | 2.46 | 2.71 | 3.25 |
| Quick Ratio | 1.98 | 2.30 | 2.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥404.93 Million | CN¥476.09 Million | CN¥331.37 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 | 3.97 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | CN¥962.99 Million |
| Market Capitalization | $397.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Heda Technology Co Ltd's assets below their book value (0.41x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Heda Technology Co Ltd's assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Heda Technology Co Ltd (2012–2025)
The table below shows the annual total assets of Zhejiang Heda Technology Co Ltd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥962.99 Million ≈ $140.92 Million |
-1.63% |
| 2024-12-31 | CN¥978.96 Million ≈ $143.25 Million |
-2.03% |
| 2023-12-31 | CN¥999.23 Million ≈ $146.22 Million |
+1.34% |
| 2022-12-31 | CN¥985.97 Million ≈ $144.28 Million |
+3.57% |
| 2021-12-31 | CN¥951.97 Million ≈ $139.30 Million |
+75.08% |
| 2020-12-31 | CN¥543.73 Million ≈ $79.56 Million |
+34.29% |
| 2019-12-31 | CN¥404.89 Million ≈ $59.25 Million |
+58.85% |
| 2018-12-31 | CN¥254.90 Million ≈ $37.30 Million |
+26.64% |
| 2017-12-31 | CN¥201.28 Million ≈ $29.45 Million |
+43.89% |
| 2016-12-31 | CN¥139.88 Million ≈ $20.47 Million |
+55.45% |
| 2015-12-31 | CN¥89.98 Million ≈ $13.17 Million |
+104.47% |
| 2014-12-31 | CN¥44.01 Million ≈ $6.44 Million |
-6.61% |
| 2013-12-31 | CN¥47.12 Million ≈ $6.90 Million |
+53.97% |
| 2012-12-31 | CN¥30.60 Million ≈ $4.48 Million |
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About Zhejiang Heda Technology Co Ltd
Zhejiang Heda Technology Co., Ltd. operates in the water industry in China. The company offers offerings include smart IoT hardware products such as intelligent telemetry terminals, IoT-enabled remote data acquisition modules, leakage warning devices, and ultrasonic water meters, as well as software platforms like IoT platforms, smart water portals, production scheduling systems, metering managem… Read more