Zhejiang He Chuan Technology Corp. Ltd. A
Zhejiang Hechuan Technology Co., Ltd. engages in the research and development, production, sale, and application integration of industrial automation products in China and internationally. The company offers control technology, such as PLC, PAC, HMI, and IO SYS; motion control, including servo drive and motors; VFDS industrial transmissions; joint actuator and motor humanoid robot; photovoltaic a… Read more
Zhejiang He Chuan Technology Corp. Ltd. A (688320) - Total Assets
Latest total assets as of June 2025: CN¥2.08 Billion CNY
Based on the latest financial reports, Zhejiang He Chuan Technology Corp. Ltd. A (688320) holds total assets worth CN¥2.08 Billion CNY 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.
Zhejiang He Chuan Technology Corp. Ltd. A - Total Assets Trend (2019–2024)
This chart illustrates how Zhejiang He Chuan Technology Corp. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang He Chuan Technology Corp. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang He Chuan Technology Corp. Ltd. A's total assets of CN¥2.08 Billion consist of 62.8% current assets and 37.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.6% |
| Accounts Receivable | CN¥457.56 Million | 23.2% |
| Inventory | CN¥394.65 Million | 20.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥63.89 Million | 3.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Zhejiang He Chuan Technology Corp. 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang He Chuan Technology Corp. Ltd. A's current assets represent 62.8% of total assets in 2024, a decrease from 76.0% in 2019.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, down from 15.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 7.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 23.2% of total assets.
Zhejiang He Chuan Technology Corp. Ltd. A Competitors by Total Assets
Key competitors of Zhejiang He Chuan Technology Corp. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
Zhejiang He Chuan Technology Corp. Ltd. A - 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 He Chuan Technology Corp. Ltd. A generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang He Chuan Technology Corp. Ltd. A is currently not profitable relative to its asset base.
Zhejiang He Chuan Technology Corp. 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 | 1.95 | 2.44 | 1.97 |
| Quick Ratio | 1.36 | 1.64 | 1.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥654.51 Million | CN¥ 785.65 Million | CN¥ 418.33 Million |
Zhejiang He Chuan Technology Corp. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Zhejiang He Chuan Technology Corp. 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 | 4.47 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -8.6% |
| Total Assets | CN¥1.97 Billion |
| Market Capitalization | $364.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang He Chuan Technology Corp. Ltd. A's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang He Chuan Technology Corp. Ltd. A's assets decreased by 8.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2024)
The table below shows the annual total assets of Zhejiang He Chuan Technology Corp. Ltd. A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.97 Billion | -8.62% |
| 2023-12-31 | CN¥2.16 Billion | +1.68% |
| 2022-12-31 | CN¥2.12 Billion | +118.13% |
| 2021-12-31 | CN¥972.24 Million | +24.33% |
| 2020-12-31 | CN¥781.99 Million | +58.72% |
| 2019-12-31 | CN¥492.69 Million | -- |