Zhejiang Busen Garments Co Ltd
Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, designs, produces, and sells men's brand clothing in China and internationally. The company offers labor protective clothing, apparel, knitwear, and leather products through online and offline distribution, and direct and sales. It also provides technology promotion and application, and software and information technology services… Read more
Zhejiang Busen Garments Co Ltd (002569) - Total Assets
Latest total assets as of September 2025: CN¥198.25 Million CNY
Based on the latest financial reports, Zhejiang Busen Garments Co Ltd (002569) holds total assets worth CN¥198.25 Million 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.
Zhejiang Busen Garments Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Zhejiang Busen Garments Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Busen Garments Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Busen Garments Co Ltd's total assets of CN¥198.25 Million consist of 53.6% current assets and 46.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.7% |
| Accounts Receivable | CN¥47.20 Million | 24.9% |
| Inventory | CN¥38.63 Million | 20.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥363.99K | 0.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Zhejiang Busen Garments 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: Zhejiang Busen Garments Co Ltd's current assets represent 53.6% of total assets in 2024, a decrease from 75.8% in 2007.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2024, down from 17.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 24.9% of total assets.
Zhejiang Busen Garments Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Busen Garments Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Zhejiang Busen Garments 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 - Zhejiang Busen Garments Co Ltd generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Busen Garments Co Ltd is currently not profitable relative to its asset base.
Zhejiang Busen Garments 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 | 0.73 | 1.17 | 1.40 |
| Quick Ratio | 0.47 | 0.80 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-41.39 Million | CN¥ 21.15 Million | CN¥ 59.07 Million |
Zhejiang Busen Garments Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Busen Garments 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 | 69.68 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | -20.0% |
| Total Assets | CN¥189.25 Million |
| Market Capitalization | $191.63 Million USD |
Valuation Analysis
Above Book Valuation: The market values Zhejiang Busen Garments Co Ltd's assets above their book value (1.01 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Zhejiang Busen Garments Co Ltd's assets decreased by 20.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Busen Garments Co Ltd (2007–2024)
The table below shows the annual total assets of Zhejiang Busen Garments Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥189.25 Million | -20.03% |
| 2023-12-31 | CN¥236.67 Million | -19.94% |
| 2022-12-31 | CN¥295.61 Million | -22.72% |
| 2021-12-31 | CN¥382.52 Million | -2.08% |
| 2020-12-31 | CN¥390.64 Million | -36.61% |
| 2019-12-31 | CN¥616.30 Million | -6.49% |
| 2018-12-31 | CN¥659.07 Million | -7.49% |
| 2017-12-31 | CN¥712.47 Million | +13.58% |
| 2016-12-31 | CN¥627.28 Million | -8.37% |
| 2015-12-31 | CN¥684.55 Million | -15.89% |
| 2014-12-31 | CN¥813.86 Million | -9.59% |
| 2013-12-31 | CN¥900.21 Million | +1.71% |
| 2012-12-31 | CN¥885.11 Million | +2.35% |
| 2011-12-31 | CN¥864.75 Million | +92.71% |
| 2010-12-31 | CN¥448.72 Million | +20.83% |
| 2009-12-31 | CN¥371.38 Million | +8.77% |
| 2008-12-31 | CN¥341.44 Million | +9.13% |
| 2007-12-31 | CN¥312.87 Million | -- |