Zhejiang Ming Jewelry Co Ltd (002574) - Total Assets
Based on the latest financial reports, Zhejiang Ming Jewelry Co Ltd (002574) holds total assets worth CN¥6.63 Billion CNY (≈ $970.60 Million USD) as of March 2026. 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. Explore cash flow to debt ratio of Zhejiang Ming Jewelry Co Ltd to assess how comfortably operating cash covers total debt obligations.
Zhejiang Ming Jewelry Co Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Zhejiang Ming Jewelry Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002574 net assets for net asset value and shareholders' equity analysis.
Zhejiang Ming Jewelry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Zhejiang Ming Jewelry Co Ltd's total assets of CN¥6.63 Billion consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.1% |
| Accounts Receivable | CN¥229.30 Million | 3.5% |
| Inventory | CN¥1.95 Billion | 29.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥409.64 Million | 6.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2025)
This chart illustrates how Zhejiang Ming Jewelry 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 002574 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Ming Jewelry Co Ltd's current assets represent 51.4% of total assets in 2025, a decrease from 95.0% in 2008.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2025, up from 6.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 1.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 29.9% of total assets.
Zhejiang Ming Jewelry Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Ming Jewelry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pandora A/S
CO:PNDORA
|
Denmark | Dkr28.95 Billion |
|
Lao Feng Xiang Co Ltd A
SHG:600612
|
China | CN¥24.49 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥7.40 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
China | CN¥2.18 Billion |
|
LuxExperience B.V.
NYSE:LUXE
|
USA | $2.22 Billion |
|
SENCO GOLD LTD
NSE:SENCO
|
India | Rs70.62 Billion |
|
Mene Inc
V:MENE
|
Canada | CA$20.03 Million |
|
Moksh Ornaments Limited
NSE:MOKSH
|
India | Rs1.70 Billion |
Zhejiang Ming Jewelry 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 | 1.00 | 1.17 | 4.95 |
| Quick Ratio | 0.43 | 0.59 | 3.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-14.83 Million | CN¥527.48 Million | CN¥3.13 Billion |
Zhejiang Ming Jewelry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Ming Jewelry 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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -7.4% |
| Total Assets | CN¥6.51 Billion |
| Market Capitalization | $354.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Ming Jewelry Co Ltd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Ming Jewelry Co Ltd's assets decreased by 7.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Ming Jewelry Co Ltd (2008–2025)
The table below shows the annual total assets of Zhejiang Ming Jewelry Co Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.51 Billion ≈ $952.17 Million |
-7.41% |
| 2024-12-31 | CN¥7.03 Billion ≈ $1.03 Billion |
-4.80% |
| 2023-12-31 | CN¥7.38 Billion ≈ $1.08 Billion |
+67.22% |
| 2022-12-31 | CN¥4.41 Billion ≈ $646.00 Million |
+2.42% |
| 2021-12-31 | CN¥4.31 Billion ≈ $630.73 Million |
+4.52% |
| 2020-12-31 | CN¥4.12 Billion ≈ $603.43 Million |
-6.13% |
| 2019-12-31 | CN¥4.39 Billion ≈ $642.84 Million |
+8.01% |
| 2018-12-31 | CN¥4.07 Billion ≈ $595.15 Million |
+4.76% |
| 2017-12-31 | CN¥3.88 Billion ≈ $568.13 Million |
-21.11% |
| 2016-12-31 | CN¥4.92 Billion ≈ $720.17 Million |
-0.59% |
| 2015-12-31 | CN¥4.95 Billion ≈ $724.47 Million |
-1.03% |
| 2014-12-31 | CN¥5.00 Billion ≈ $732.00 Million |
+2.86% |
| 2013-12-31 | CN¥4.86 Billion ≈ $711.68 Million |
+12.67% |
| 2012-12-31 | CN¥4.32 Billion ≈ $631.63 Million |
+17.28% |
| 2011-12-31 | CN¥3.68 Billion ≈ $538.57 Million |
+74.75% |
| 2010-12-31 | CN¥2.11 Billion ≈ $308.19 Million |
+30.06% |
| 2009-12-31 | CN¥1.62 Billion ≈ $236.96 Million |
+18.35% |
| 2008-12-31 | CN¥1.37 Billion ≈ $200.22 Million |
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About Zhejiang Ming Jewelry Co Ltd
Zhejiang Ming Jewelry Co., Ltd. engages in the research, development, design, production, and sales of precious metals and gemstone jewelry products in Mainland China. The company offers platinum, diamond, and gold jewelry, as well as silver. It offers its products through Ming brand, as well as online. The company was founded in 1987 and is headquartered in Shaoxing, China.