iFresh Inc
iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, … Read more
iFresh Inc (IFMK) - Total Assets
Latest total assets as of December 2020: $131.62 Million USD
Based on the latest financial reports, iFresh Inc (IFMK) holds total assets worth $131.62 Million USD as of December 2020.
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.
iFresh Inc - Total Assets Trend (2015–2020)
This chart illustrates how iFresh Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
iFresh Inc - Asset Composition Analysis
Current Asset Composition (March 2020)
iFresh Inc's total assets of $131.62 Million consist of 14.1% current assets and 85.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $3.41 Million | 3.4% |
| Inventory | $6.19 Million | 6.2% |
| Property, Plant & Equipment | $77.36 Million | 77.9% |
| Intangible Assets | $900.00K | 0.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2020)
This chart illustrates how iFresh 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: iFresh Inc's current assets represent 14.1% of total assets in 2020, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2020, down from 26.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1057.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.9% of total assets.
iFresh Inc Competitors by Total Assets
Key competitors of iFresh Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renrenle Commercial Group Co Ltd
SHE:002336
|
China | CN¥1.57 Billion |
|
President Chain Store Corp
TW:2912
|
Taiwan | NT$292.63 Billion |
|
Simple Mart Retail Co Ltd
TW:2945
|
Taiwan | NT$6.26 Billion |
|
7 Eleven Malaysia Holdings Bhd
KLSE:5250
|
Malaysia | RM2.55 Billion |
|
Sanjiang Shopping Club Co Ltd
SHG:601116
|
China | CN¥5.07 Billion |
|
Shanghai Laiyifen Co Ltd
SHG:603777
|
China | CN¥3.04 Billion |
|
Shenyang Toly Bread Co Ltd
SHG:603866
|
China | CN¥7.31 Billion |
|
Ganso Co Ltd
SHG:603886
|
China | CN¥2.96 Billion |
iFresh 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 - iFresh Inc generates 0.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - iFresh Inc is currently not profitable relative to its asset base.
iFresh 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 | 0.65 | 0.39 | 168.63 |
| Quick Ratio | 0.38 | 0.18 | -3381.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.88 Million | $ -26.21 Million | $ 387.22K |
iFresh Inc - Advanced Valuation Insights
This section examines the relationship between iFresh 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 | 0.10 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 110.7% |
| Total Assets | $99.26 Million |
| Market Capitalization | $705.30 USD |
Valuation Analysis
Below Book Valuation: The market values iFresh Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: iFresh Inc's assets grew by 110.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for iFresh Inc (2015–2020)
The table below shows the annual total assets of iFresh Inc from 2015 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-03-31 | $99.26 Million | +110.74% |
| 2019-03-31 | $47.10 Million | -3.76% |
| 2018-03-31 | $48.94 Million | +16.53% |
| 2017-03-31 | $42.00 Million | +1.61% |
| 2016-03-31 | $41.33 Million | +27803.51% |
| 2015-03-31 | $148.13K | -- |