Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) - Total Assets
Based on the latest financial reports, Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) holds total assets worth CN¥2.39 Billion CNY (≈ $349.90 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. See 002395 book value for net asset value and shareholders' equity analysis.
Wuxi Double Elephant Micro Fibre Material Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Wuxi Double Elephant Micro Fibre Material Co Ltd's total assets have evolved over time, based on quarterly financial data.
Wuxi Double Elephant Micro Fibre Material Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wuxi Double Elephant Micro Fibre Material Co Ltd's total assets of CN¥2.39 Billion consist of 51.2% current assets and 48.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.5% |
| Accounts Receivable | CN¥544.57 Million | 23.9% |
| Inventory | CN¥302.00 Million | 13.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥124.09 Million | 5.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Wuxi Double Elephant Micro Fibre Material 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 Wuxi Double Elephant Micro Fibre Materia market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wuxi Double Elephant Micro Fibre Material Co Ltd's current assets represent 51.2% of total assets in 2024, a decrease from 57.6% in 2006.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2024, down from 15.7% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 23.9% of total assets.
Wuxi Double Elephant Micro Fibre Material Co Ltd Competitors by Total Assets
Key competitors of Wuxi Double Elephant Micro Fibre Material Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ASICS CORP.(UNSP.ADR)/1
F:ASI
|
Germany | €586.48 Billion |
|
On Holding Ltd
NYSE:ONON
|
USA | $2.75 Billion |
|
Anhui Korrun Co Ltd
SHE:300577
|
China | CN¥6.10 Billion |
|
Alpargatas S.A
SA:ALPA3
|
Brazil | R$6.10 Billion |
|
Shandong Tongda Island New Materials Co Ltd
SHE:300321
|
China | CN¥677.80 Million |
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
China | CN¥3.12 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
Wuxi Double Elephant Micro Fibre Material 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 | 1.77 | 1.39 | 2.60 |
| Quick Ratio | 1.26 | 0.93 | 1.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥556.64 Million | CN¥298.85 Million | CN¥679.60 Million |
Wuxi Double Elephant Micro Fibre Material Co Ltd - Advanced Valuation Insights
This section examines the relationship between Wuxi Double Elephant Micro Fibre Material 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 | 3.46 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 0.1% |
| Total Assets | CN¥2.28 Billion |
| Market Capitalization | $791.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wuxi Double Elephant Micro Fibre Material Co Ltd's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wuxi Double Elephant Micro Fibre Material Co Ltd's assets grew by 0.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wuxi Double Elephant Micro Fibre Material Co Ltd (2006–2024)
The table below shows the annual total assets of Wuxi Double Elephant Micro Fibre Material Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.28 Billion ≈ $332.97 Million |
+0.11% |
| 2023-12-31 | CN¥2.27 Billion ≈ $332.61 Million |
+11.57% |
| 2022-12-31 | CN¥2.04 Billion ≈ $298.12 Million |
-1.33% |
| 2021-12-31 | CN¥2.06 Billion ≈ $302.15 Million |
+32.28% |
| 2020-12-31 | CN¥1.56 Billion ≈ $228.41 Million |
+17.54% |
| 2019-12-31 | CN¥1.33 Billion ≈ $194.33 Million |
+1.93% |
| 2018-12-31 | CN¥1.30 Billion ≈ $190.65 Million |
+0.73% |
| 2017-12-31 | CN¥1.29 Billion ≈ $189.27 Million |
+3.53% |
| 2016-12-31 | CN¥1.25 Billion ≈ $182.81 Million |
+6.91% |
| 2015-12-31 | CN¥1.17 Billion ≈ $170.99 Million |
+2.19% |
| 2014-12-31 | CN¥1.14 Billion ≈ $167.33 Million |
+2.43% |
| 2013-12-31 | CN¥1.12 Billion ≈ $163.36 Million |
+9.91% |
| 2012-12-31 | CN¥1.02 Billion ≈ $148.63 Million |
+5.91% |
| 2011-12-31 | CN¥959.01 Million ≈ $140.33 Million |
+0.64% |
| 2010-12-31 | CN¥952.92 Million ≈ $139.44 Million |
+119.85% |
| 2009-12-31 | CN¥433.43 Million ≈ $63.42 Million |
+21.24% |
| 2008-12-31 | CN¥357.51 Million ≈ $52.32 Million |
+7.04% |
| 2007-12-31 | CN¥334.00 Million ≈ $48.88 Million |
-0.13% |
| 2006-12-31 | CN¥334.43 Million ≈ $48.94 Million |
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About Wuxi Double Elephant Micro Fibre Material Co Ltd
Wuxi Double Elephant Micro Fibre Material Co.,Ltd manufactures and sells artificial and synthetic leather products in the People's Republic of China and internationally. It operates through Microfiber and PU; and PMMA and sheets segments. The company offers micro fiber leather products, such as bio-based microfiber leather, GRS microfiber leather, waterborne/solvent-free microfiber leather, micro… Read more