Ever-Glory International Group Inc.
Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in China. The company offers casual wear, outerwear, and sportswear. It also provides women's apparel under the La go go, Velwin, Idole, and jizhue brand names. The company is based in Nanjing, the Peoples Republic of China.
Ever-Glory International Group Inc. (EVKG) - Total Assets
Latest total assets as of September 2022: $298.56 Million USD
Based on the latest financial reports, Ever-Glory International Group Inc. (EVKG) holds total assets worth $298.56 Million USD as of September 2022.
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.
Ever-Glory International Group Inc. - Total Assets Trend (2016–2021)
This chart illustrates how Ever-Glory International Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ever-Glory International Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2021)
Ever-Glory International Group Inc.'s total assets of $298.56 Million consist of 71.8% current assets and 28.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.2% |
| Accounts Receivable | $71.77 Million | 20.6% |
| Inventory | $63.84 Million | 18.3% |
| Property, Plant & Equipment | $86.42 Million | 24.7% |
| Intangible Assets | $4.48 Million | 1.3% |
| Goodwill | $318.00K | 0.1% |
Asset Composition Trend (2016–2021)
This chart illustrates how Ever-Glory International Group Inc.'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: Ever-Glory International Group Inc.'s current assets represent 71.8% of total assets in 2021, a decrease from 85.9% in 2016.
- Cash Position: Cash and equivalents constituted 16.2% of total assets in 2021, down from 22.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 24.7% of total assets.
Ever-Glory International Group Inc. Competitors by Total Assets
Key competitors of Ever-Glory International Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Ever-Glory International Group Inc. - 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
Strong asset utilization - Ever-Glory International Group Inc. generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ever-Glory International Group Inc. is currently not profitable relative to its asset base.
Ever-Glory International Group Inc. - 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 | 1.24 | 1.23 | 1.23 |
| Quick Ratio | 0.93 | 0.84 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $41.62 Million | $ 45.57 Million | $ 45.57 Million |
Ever-Glory International Group Inc. - Advanced Valuation Insights
This section examines the relationship between Ever-Glory International Group Inc.'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.3% |
| Total Assets | $349.31 Million |
| Market Capitalization | $5.52K USD |
Valuation Analysis
Below Book Valuation: The market values Ever-Glory International Group Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ever-Glory International Group Inc.'s assets grew by 5.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ever-Glory International Group Inc. (2016–2021)
The table below shows the annual total assets of Ever-Glory International Group Inc. from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $349.31 Million | +5.30% |
| 2020-12-31 | $331.73 Million | +9.96% |
| 2019-12-31 | $301.67 Million | +19.58% |
| 2018-12-31 | $252.27 Million | +2.97% |
| 2017-12-31 | $244.99 Million | +21.73% |
| 2016-12-31 | $201.26 Million | -- |