Zhejiang Jiaxin Silk Corp Ltd (002404) - Total Assets
Based on the latest financial reports, Zhejiang Jiaxin Silk Corp Ltd (002404) holds total assets worth CN¥3.54 Billion CNY (≈ $517.86 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. Check 002404 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang Jiaxin Silk Corp Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Zhejiang Jiaxin Silk Corp Ltd's total assets have evolved over time, based on quarterly financial data. Explore 002404 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Zhejiang Jiaxin Silk Corp Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Jiaxin Silk Corp Ltd's total assets of CN¥3.54 Billion consist of 70.8% current assets and 29.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.1% |
| Accounts Receivable | CN¥622.93 Million | 18.5% |
| Inventory | CN¥571.59 Million | 17.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥44.12 Million | 1.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Zhejiang Jiaxin Silk Corp 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 002404 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Jiaxin Silk Corp Ltd's current assets represent 70.8% of total assets in 2024, an increase from 69.7% in 2006.
- Cash Position: Cash and equivalents constituted 23.1% of total assets in 2024, up from 9.9% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 18.5% of total assets.
Zhejiang Jiaxin Silk Corp Ltd Competitors by Total Assets
Key competitors of Zhejiang Jiaxin Silk Corp Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Makalot Industrial Co Ltd
TW:1477
|
Taiwan | NT$24.44 Billion |
|
Ribo Fashion Group Co Ltd
SHG:603196
|
China | CN¥1.06 Billion |
|
Guararapes Confecções S.A
SA:GUAR3
|
Brazil | R$14.87 Billion |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
China | CN¥682.31 Million |
|
iFabric Corp
TO:IFA
|
Canada | CA$42.99 Million |
|
Iris Clothings Limited
NSE:IRISDOREME
|
India | Rs1.80 Billion |
|
Agabang&Company
KQ:013990
|
Korea | ₩232.60 Billion |
|
Nature Holdings Co. Ltd.
KQ:298540
|
Korea | ₩675.90 Billion |
Zhejiang Jiaxin Silk Corp 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 | 1.80 | 1.94 | 2.04 |
| Quick Ratio | 1.40 | 1.52 | 1.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.16 Billion | CN¥1.14 Billion | CN¥1.08 Billion |
Zhejiang Jiaxin Silk Corp Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Jiaxin Silk Corp 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 | 2.07 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | CN¥3.37 Billion |
| Market Capitalization | $504.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Jiaxin Silk Corp Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Jiaxin Silk Corp Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Jiaxin Silk Corp Ltd (2006–2024)
The table below shows the annual total assets of Zhejiang Jiaxin Silk Corp Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.37 Billion ≈ $492.67 Million |
-5.33% |
| 2023-12-31 | CN¥3.56 Billion ≈ $520.39 Million |
+2.80% |
| 2022-12-31 | CN¥3.46 Billion ≈ $506.22 Million |
-8.68% |
| 2021-12-31 | CN¥3.79 Billion ≈ $554.33 Million |
+25.47% |
| 2020-12-31 | CN¥3.02 Billion ≈ $441.79 Million |
-0.23% |
| 2019-12-31 | CN¥3.03 Billion ≈ $442.81 Million |
-0.31% |
| 2018-12-31 | CN¥3.04 Billion ≈ $444.18 Million |
+20.94% |
| 2017-12-31 | CN¥2.51 Billion ≈ $367.28 Million |
+9.93% |
| 2016-12-31 | CN¥2.28 Billion ≈ $334.11 Million |
+9.29% |
| 2015-12-31 | CN¥2.09 Billion ≈ $305.70 Million |
+5.22% |
| 2014-12-31 | CN¥1.99 Billion ≈ $290.53 Million |
+14.86% |
| 2013-12-31 | CN¥1.73 Billion ≈ $252.95 Million |
+7.94% |
| 2012-12-31 | CN¥1.60 Billion ≈ $234.34 Million |
+3.85% |
| 2011-12-31 | CN¥1.54 Billion ≈ $225.64 Million |
+6.43% |
| 2010-12-31 | CN¥1.45 Billion ≈ $212.00 Million |
+62.79% |
| 2009-12-31 | CN¥889.96 Million ≈ $130.23 Million |
-3.00% |
| 2008-12-31 | CN¥917.51 Million ≈ $134.26 Million |
+0.40% |
| 2007-12-31 | CN¥913.82 Million ≈ $133.72 Million |
-22.04% |
| 2006-12-31 | CN¥1.17 Billion ≈ $171.52 Million |
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About Zhejiang Jiaxin Silk Corp Ltd
Zhejiang Jiaxin Silk Corp.,Ltd. research and development, production, and sales of silk products in China and internationally. The company offers silk underwear, home clothes, home textiles, household products, cultural products, fashion, and culture products. It also involved in the dyeing, printing, and processing of fabrics; and manufacturing of precision hardware components, including electri… Read more