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During the past 12 months, Zhejiang Meilun Elevator Co's average Total Assets Growth Rate was 30.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.
During the past 13 years, Zhejiang Meilun Elevator Co's highest 3-Year average Total Assets Growth Rate was 27.60%. The lowest was -8.30%. And the median was 3.30%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Zhejiang Meilun Elevator Co's Asset Turnover for the quarter that ended in Mar. 2026 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Zhejiang Meilun Elevator Co Total Assets Related Terms
Zhejiang Meilun Elevator Co Total Assets Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Meilun Elevator Co Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Meilun Elevator Co (SHSE:603321) has a Total Assets of ¥2,118.3 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Zhejiang Meilun Elevator Co and its competitors.
Is Zhejiang Meilun Elevator Co's Total Assets too high?
Zhejiang Meilun Elevator Co's current Total Assets is ¥2,118.3 Mil. Overall, Zhejiang Meilun Elevator Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Meilun Elevator Co's Total Assets compare to GEV and ETN?
Zhejiang Meilun Elevator Co's Total Assets of ¥2,118.3 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Zhejiang Meilun Elevator Co and its competitors. Zhejiang Meilun Elevator Co's current Total Assets is ¥2,118.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Meilun Elevator Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co (SHSE:603321) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.18, compared to a current price of ¥6.37 — trading 23% above its estimated fair value. The current Total Assets is ¥2,118.3 Mil. Zhejiang Meilun Elevator Co's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Zhejiang Meilun Elevator Co (SHSE:603321), the current Total Assets is ¥2,118.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Meilun Elevator Co (SHSE:603321) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co stock appears to be overvalued.
The current stock price of ¥6.37 is trading 23% above its estimated GF Value™ of ¥5.18.
GuruFocus considers Zhejiang Meilun Elevator Co to be Modestly Overvalued.
Key valuation signals for SHSE:603321:
Total Assets: ¥2,118.3 Mil
GF Value™: ¥5.18 vs. price of ¥6.37 (23% above fair value)
No single metric tells the full story. See the SHSE:603321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Meilun Elevator Co Ltd operates in the elevator industrial field. The company is mainly engaged in the production and sales of passenger elevators, escalators, moving walkways, and accessory parts, installation and maintenance of the whole product. The main products include passenger elevators, freight elevators, medical ladders, sightseeing ladders, escalators, automatic sidewalks, three-dimensional garages, and accessories. The products are widely used in residential areas, shopping malls, hotels, and public facilities.
60GF Score
Get the complete analysis for SHSE:603321
Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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