Hangzhou Raycloud Technology Co Ltd
Hangzhou Raycloud Technology Co.,Ltd engages in providing e-commerce software services in China and internationally. It offers Software as a Service to e-commerce merchants. The company also provides value-added products and services, such as supporting hardware and operational services. In addition, it provides super store manager, express assistant, prosperous store transactions, super express,… Read more
Hangzhou Raycloud Technology Co Ltd (688365) - Total Assets
Latest total assets as of September 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Hangzhou Raycloud Technology Co Ltd (688365) holds total assets worth CN¥1.77 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.
Hangzhou Raycloud Technology Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Hangzhou Raycloud Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hangzhou Raycloud Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hangzhou Raycloud Technology Co Ltd's total assets of CN¥1.77 Billion consist of 27.4% current assets and 72.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.8% |
| Accounts Receivable | CN¥65.15 Million | 4.1% |
| Inventory | CN¥8.78 Million | 0.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥133.63 Million | 8.3% |
| Goodwill | CN¥190.28 Million | 11.9% |
Asset Composition Trend (2016–2024)
This chart illustrates how Hangzhou Raycloud 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: Hangzhou Raycloud Technology Co Ltd's current assets represent 27.4% of total assets in 2024, a decrease from 75.5% in 2016.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 7.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 7.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 11.9% of total assets.
Hangzhou Raycloud Technology Co Ltd Competitors by Total Assets
Key competitors of Hangzhou Raycloud Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Hangzhou Raycloud 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
Lower asset utilization - Hangzhou Raycloud Technology Co Ltd generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hangzhou Raycloud Technology Co Ltd is currently not profitable relative to its asset base.
Hangzhou Raycloud 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 | 0.65 | 0.80 | 6.03 |
| Quick Ratio | 0.64 | 0.78 | 5.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-223.53 Million | CN¥ -108.30 Million | CN¥ 787.53 Million |
Hangzhou Raycloud Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hangzhou Raycloud 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 | 11.17 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | CN¥1.60 Billion |
| Market Capitalization | $348.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hangzhou Raycloud Technology Co Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hangzhou Raycloud Technology Co Ltd's assets grew by 2.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hangzhou Raycloud Technology Co Ltd (2016–2024)
The table below shows the annual total assets of Hangzhou Raycloud Technology Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.60 Billion | +2.27% |
| 2023-12-31 | CN¥1.57 Billion | +19.18% |
| 2022-12-31 | CN¥1.32 Billion | -11.48% |
| 2021-12-31 | CN¥1.49 Billion | +14.36% |
| 2020-12-31 | CN¥1.30 Billion | +56.73% |
| 2019-12-31 | CN¥829.04 Million | +17.23% |
| 2018-12-31 | CN¥707.17 Million | +21.50% |
| 2017-12-31 | CN¥582.02 Million | +91.29% |
| 2016-12-31 | CN¥304.26 Million | -- |