Zhejiang Busen Garments Co Ltd (002569) - Total Assets
Based on the latest financial reports, Zhejiang Busen Garments Co Ltd (002569) holds total assets worth CN¥198.25 Million CNY (≈ $29.01 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 net assets of Zhejiang Busen Garments Co Ltd for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Zhejiang Busen Garments Co Ltd stock valuation.
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 |
|---|---|---|
|
Levi Strauss & Co Class A
NYSE:LEVI
|
USA | $6.85 Billion |
|
F&F Co Ltd
KO:383220
|
Korea | ₩2.50 Trillion |
|
Jiangsu Hongdou Industrial Co Ltd
SHG:600400
|
China | CN¥3.69 Billion |
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
China | CN¥3.96 Billion |
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
China | CN¥1.76 Billion |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
China | CN¥772.91 Million |
|
Van de Velde NV
BR:VAN
|
Belgium | €187.02 Million |
|
Agabang&Company
KQ:013990
|
Korea | ₩232.60 Billion |
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 | 1.60 |
| Asset Growth Rate (YoY) | -20.0% |
| Total Assets | CN¥189.25 Million |
| Market Capitalization | $303.66 Million USD |
Valuation Analysis
Above Book Valuation: The market values Zhejiang Busen Garments Co Ltd's assets above their book value (1.60x), 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 ≈ $27.69 Million |
-20.03% |
| 2023-12-31 | CN¥236.67 Million ≈ $34.63 Million |
-19.94% |
| 2022-12-31 | CN¥295.61 Million ≈ $43.26 Million |
-22.72% |
| 2021-12-31 | CN¥382.52 Million ≈ $55.97 Million |
-2.08% |
| 2020-12-31 | CN¥390.64 Million ≈ $57.16 Million |
-36.61% |
| 2019-12-31 | CN¥616.30 Million ≈ $90.18 Million |
-6.49% |
| 2018-12-31 | CN¥659.07 Million ≈ $96.44 Million |
-7.49% |
| 2017-12-31 | CN¥712.47 Million ≈ $104.26 Million |
+13.58% |
| 2016-12-31 | CN¥627.28 Million ≈ $91.79 Million |
-8.37% |
| 2015-12-31 | CN¥684.55 Million ≈ $100.17 Million |
-15.89% |
| 2014-12-31 | CN¥813.86 Million ≈ $119.09 Million |
-9.59% |
| 2013-12-31 | CN¥900.21 Million ≈ $131.73 Million |
+1.71% |
| 2012-12-31 | CN¥885.11 Million ≈ $129.52 Million |
+2.35% |
| 2011-12-31 | CN¥864.75 Million ≈ $126.54 Million |
+92.71% |
| 2010-12-31 | CN¥448.72 Million ≈ $65.66 Million |
+20.83% |
| 2009-12-31 | CN¥371.38 Million ≈ $54.34 Million |
+8.77% |
| 2008-12-31 | CN¥341.44 Million ≈ $49.96 Million |
+9.13% |
| 2007-12-31 | CN¥312.87 Million ≈ $45.78 Million |
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About 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