Suning Commerce Group Co Ltd
Suning.com Co., Ltd. operates as a retail business in China. It offers cover home appliances, consumer electronics, maternity and baby products, fast-moving consumer goods, and department stores. The company also operates self-operated stores and Suning Tesco's retail cloud franchise stores. It was formerly known as Suning Commerce Group Co., Ltd. and changed its name to Suning.com Co., Ltd. in F… Read more
Suning Commerce Group Co Ltd (002024) - Total Assets
Latest total assets as of September 2025: CN¥114.75 Billion CNY
Based on the latest financial reports, Suning Commerce Group Co Ltd (002024) holds total assets worth CN¥114.75 Billion CNY 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.
Suning Commerce Group Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Suning Commerce Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Suning Commerce Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Suning Commerce Group Co Ltd's total assets of CN¥114.75 Billion consist of 41.4% current assets and 58.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.5% |
| Accounts Receivable | CN¥5.79 Billion | 4.9% |
| Inventory | CN¥5.49 Billion | 4.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.04 Billion | 3.4% |
| Goodwill | CN¥1.44 Billion | 1.2% |
Asset Composition Trend (2001–2024)
This chart illustrates how Suning Commerce Group 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suning Commerce Group Co Ltd's current assets represent 41.4% of total assets in 2024, a decrease from 90.9% in 2001.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, down from 26.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 4.9% of total assets.
Suning Commerce Group Co Ltd Competitors by Total Assets
Key competitors of Suning Commerce Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
|
Kim Hin Joo
KLSE:0210
|
Malaysia | RM89.48 Million |
Suning Commerce Group Co Ltd - 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
Moderate asset utilization - Suning Commerce Group Co Ltd generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Suning Commerce Group Co Ltd generates $ 0.51 in net profit.
Suning Commerce Group 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 | 0.57 | 0.54 | 0.86 |
| Quick Ratio | 0.50 | 0.47 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-36.30 Billion | CN¥ -41.94 Billion | CN¥ -17.12 Billion |
Suning Commerce Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Suning Commerce Group 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 | 1.14 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -2.2% |
| Total Assets | CN¥119.04 Billion |
| Market Capitalization | $649.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suning Commerce Group Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Suning Commerce Group Co Ltd's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Suning Commerce Group Co Ltd (2001–2024)
The table below shows the annual total assets of Suning Commerce Group Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥119.04 Billion | -2.22% |
| 2023-12-31 | CN¥121.75 Billion | -12.99% |
| 2022-12-31 | CN¥139.92 Billion | -18.05% |
| 2021-12-31 | CN¥170.74 Billion | -19.49% |
| 2020-12-31 | CN¥212.08 Billion | -10.46% |
| 2019-12-31 | CN¥236.86 Billion | +18.74% |
| 2018-12-31 | CN¥199.47 Billion | +26.83% |
| 2017-12-31 | CN¥157.28 Billion | +14.66% |
| 2016-12-31 | CN¥137.17 Billion | +55.74% |
| 2015-12-31 | CN¥88.08 Billion | +7.16% |
| 2014-12-31 | CN¥82.19 Billion | -0.07% |
| 2013-12-31 | CN¥82.25 Billion | +8.00% |
| 2012-12-31 | CN¥76.16 Billion | +27.39% |
| 2011-12-31 | CN¥59.79 Billion | +36.16% |
| 2010-12-31 | CN¥43.91 Billion | +22.51% |
| 2009-12-31 | CN¥35.84 Billion | +65.78% |
| 2008-12-31 | CN¥21.62 Billion | +33.20% |
| 2007-12-31 | CN¥16.23 Billion | +83.35% |
| 2006-12-31 | CN¥8.85 Billion | +104.56% |
| 2005-12-31 | CN¥4.33 Billion | +110.90% |
| 2004-12-31 | CN¥2.05 Billion | +171.68% |
| 2003-12-31 | CN¥755.22 Million | +77.61% |
| 2002-12-31 | CN¥425.22 Million | -37.56% |
| 2001-12-31 | CN¥681.04 Million | -- |