Changhong Meiling Co Ltd (000521) - Total Assets
Based on the latest financial reports, Changhong Meiling Co Ltd (000521) holds total assets worth CN¥24.06 Billion CNY (≈ $3.52 Billion 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 debt repayment capacity of Changhong Meiling Co Ltd to assess how comfortably operating cash covers total debt obligations.
Changhong Meiling Co Ltd - Total Assets Trend (1992–2024)
This chart illustrates how Changhong Meiling Co Ltd's total assets have evolved over time, based on quarterly financial data. See net assets of Changhong Meiling Co Ltd for net asset value and shareholders' equity analysis.
Changhong Meiling Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Changhong Meiling Co Ltd's total assets of CN¥24.06 Billion consist of 74.9% current assets and 25.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 43.8% |
| Accounts Receivable | CN¥3.18 Billion | 13.3% |
| Inventory | CN¥3.51 Billion | 14.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.07 Billion | 4.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1992–2024)
This chart illustrates how Changhong Meiling 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. For live market cap, price, and company overview, see 000521 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Changhong Meiling Co Ltd's current assets represent 74.9% of total assets in 2024, an increase from 55.0% in 1992.
- Cash Position: Cash and equivalents constituted 43.8% of total assets in 2024, up from 0.0% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is inventory at 14.7% of total assets.
Changhong Meiling Co Ltd Competitors by Total Assets
Key competitors of Changhong Meiling Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Suofeiya Home Collection Co Ltd
SHE:002572
|
China | CN¥13.22 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
China | CN¥16.05 Billion |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
China | CN¥2.90 Billion |
|
Yotrio Group Co Ltd
SHE:002489
|
China | CN¥8.20 Billion |
|
CNlight Co Ltd
SHE:002076
|
China | CN¥863.46 Million |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
China | CN¥6.07 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.92 Billion |
|
Hyundai Livart Furniture Co Ltd
KO:079430
|
Korea | ₩777.22 Billion |
Changhong Meiling 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 | 1.05 | 1.06 | 1.11 |
| Quick Ratio | 0.94 | 0.91 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥821.96 Million | CN¥990.34 Million | CN¥1.14 Billion |
Changhong Meiling Co Ltd - Advanced Valuation Insights
This section examines the relationship between Changhong Meiling 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 | 1.08 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 23.6% |
| Total Assets | CN¥23.97 Billion |
| Market Capitalization | $646.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changhong Meiling Co Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Changhong Meiling Co Ltd's assets grew by 23.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Changhong Meiling Co Ltd (1992–2024)
The table below shows the annual total assets of Changhong Meiling Co Ltd from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥23.97 Billion ≈ $3.51 Billion |
+23.62% |
| 2023-12-31 | CN¥19.39 Billion ≈ $2.84 Billion |
+19.70% |
| 2022-12-31 | CN¥16.20 Billion ≈ $2.37 Billion |
+6.65% |
| 2021-12-31 | CN¥15.19 Billion ≈ $2.22 Billion |
-5.67% |
| 2020-12-31 | CN¥16.10 Billion ≈ $2.36 Billion |
+13.39% |
| 2019-12-31 | CN¥14.20 Billion ≈ $2.08 Billion |
-8.74% |
| 2018-12-31 | CN¥15.56 Billion ≈ $2.28 Billion |
-2.50% |
| 2017-12-31 | CN¥15.96 Billion ≈ $2.34 Billion |
+27.61% |
| 2016-12-31 | CN¥12.51 Billion ≈ $1.83 Billion |
+37.96% |
| 2015-12-31 | CN¥9.07 Billion ≈ $1.33 Billion |
+0.64% |
| 2014-12-31 | CN¥9.01 Billion ≈ $1.32 Billion |
+5.71% |
| 2013-12-31 | CN¥8.52 Billion ≈ $1.25 Billion |
+8.07% |
| 2012-12-31 | CN¥7.89 Billion ≈ $1.15 Billion |
+3.73% |
| 2011-12-31 | CN¥7.60 Billion ≈ $1.11 Billion |
+6.84% |
| 2010-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
+48.66% |
| 2009-12-31 | CN¥4.79 Billion ≈ $700.48 Million |
+41.19% |
| 2008-12-31 | CN¥3.39 Billion ≈ $496.11 Million |
+15.30% |
| 2007-12-31 | CN¥2.94 Billion ≈ $430.27 Million |
+23.94% |
| 2006-12-31 | CN¥2.37 Billion ≈ $347.17 Million |
-2.76% |
| 2005-12-31 | CN¥2.44 Billion ≈ $357.04 Million |
+3.50% |
| 2004-12-31 | CN¥2.36 Billion ≈ $344.96 Million |
+5.00% |
| 2003-12-31 | CN¥2.25 Billion ≈ $328.54 Million |
-2.38% |
| 2002-12-31 | CN¥2.30 Billion ≈ $336.57 Million |
+1.88% |
| 2001-12-31 | CN¥2.26 Billion ≈ $330.34 Million |
-10.65% |
| 2000-12-31 | CN¥2.53 Billion ≈ $369.73 Million |
-0.76% |
| 1999-12-31 | CN¥2.55 Billion ≈ $372.55 Million |
+4.62% |
| 1998-12-31 | CN¥2.43 Billion ≈ $356.12 Million |
+4.57% |
| 1997-12-31 | CN¥2.33 Billion ≈ $340.57 Million |
+5.87% |
| 1996-12-31 | CN¥2.20 Billion ≈ $321.68 Million |
+69.19% |
| 1995-12-31 | CN¥1.30 Billion ≈ $190.13 Million |
+52.77% |
| 1994-12-31 | CN¥850.49 Million ≈ $124.45 Million |
+31.67% |
| 1993-12-31 | CN¥645.95 Million ≈ $94.52 Million |
+58.37% |
| 1992-12-31 | CN¥407.87 Million ≈ $59.68 Million |
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About Changhong Meiling Co Ltd
Changhong Meiling Co., Ltd. engages in the research, development, and manufacturing of refrigeration appliances and washing machines in China and internationally. It operates through four segments: Air-Conditioning; Refrigerator & Freezer & Washing Machine; Small Home Appliance; and Others. The company offers a refrigerator (freezer) lineup, which includes the household, commercial, and medical s… Read more