Nova Lifestyle I (NVFY) - Total Assets
Based on the latest financial reports, Nova Lifestyle I (NVFY) holds total assets worth $18.29 Million USD 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. Explore Nova Lifestyle I cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Nova Lifestyle I - Total Assets Trend (2009–2024)
This chart illustrates how Nova Lifestyle I's total assets have evolved over time, based on quarterly financial data. See NVFY total equity for net asset value and shareholders' equity analysis.
Nova Lifestyle I - Asset Composition Analysis
Current Asset Composition (December 2024)
Nova Lifestyle I's total assets of $18.29 Million consist of 80.0% current assets and 20.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $53.79K | 0.5% |
| Inventory | $7.51 Million | 75.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.11K | 0.0% |
| Goodwill | $218.61K | 2.2% |
Asset Composition Trend (2009–2024)
This chart illustrates how Nova Lifestyle I'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. For live market cap, price, and company overview, see how much is Nova Lifestyle I worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nova Lifestyle I's current assets represent 80.0% of total assets in 2024, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 66.7% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 75.8% of total assets.
Nova Lifestyle I Competitors by Total Assets
Key competitors of Nova Lifestyle I based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sichuan Changhong Electric Co Ltd
SHG:600839
|
China | CN¥99.39 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
China | CN¥16.05 Billion |
|
Zhejiang Meida Industrial Co Ltd
SHE:002677
|
China | CN¥1.61 Billion |
|
UE Furniture Co Ltd
SHG:603600
|
China | CN¥4.59 Billion |
|
Healthcare Co Ltd
SHG:603313
|
China | CN¥9.60 Billion |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
China | CN¥6.07 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.92 Billion |
|
Bassett Furniture Industries
NASDAQ:BSET
|
USA | $105.10 Million |
Nova Lifestyle I - 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 | 2.78 | 0.71 | 21.38 |
| Quick Ratio | 2.27 | 0.15 | 5.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.86 Million | $-1.28 Million | $41.27 Million |
Nova Lifestyle I - Advanced Valuation Insights
This section examines the relationship between Nova Lifestyle I'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 | 31.39 |
| Latest Market Cap to Assets Ratio | 20.38 |
| Asset Growth Rate (YoY) | 59.0% |
| Total Assets | $9.92 Million |
| Market Capitalization | $202.14 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nova Lifestyle I's assets at a significant premium (20.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Nova Lifestyle I's assets grew by 59.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nova Lifestyle I (2009–2024)
The table below shows the annual total assets of Nova Lifestyle I from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.92 Million | +58.97% |
| 2023-12-31 | $6.24 Million | -45.91% |
| 2022-12-31 | $11.53 Million | -60.94% |
| 2021-12-31 | $29.53 Million | -36.47% |
| 2020-12-31 | $46.48 Million | -35.05% |
| 2019-12-31 | $71.56 Million | -20.57% |
| 2018-12-31 | $90.09 Million | +12.81% |
| 2017-12-31 | $79.86 Million | +3.65% |
| 2016-12-31 | $77.04 Million | -14.16% |
| 2015-12-31 | $89.75 Million | +11.27% |
| 2014-12-31 | $80.66 Million | +33.17% |
| 2013-12-31 | $60.57 Million | +19.34% |
| 2012-12-31 | $50.75 Million | +45.77% |
| 2011-12-31 | $34.82 Million | +95.60% |
| 2010-12-31 | $17.80 Million | +296566.67% |
| 2009-12-31 | $6.00K | -- |
About Nova Lifestyle I
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers North America and internationally. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, e… Read more