Modern Avenue Group Co Ltd
Modern Avenue Group Co., Ltd. operates retail outlets in China and internationally. The company has approximately 200 retail outlets, as well as an e-commerce platform. It offers clothing, bags, skin care, cosmetics, and jewelry and accessories under the CANUDILO and DIRK BIKKEMBERGS brands. The company was founded in 1997 and is headquartered in Guangzhou, China.
Modern Avenue Group Co Ltd (002656) - Total Assets
Latest total assets as of September 2025: CN¥744.11 Million CNY
Based on the latest financial reports, Modern Avenue Group Co Ltd (002656) holds total assets worth CN¥744.11 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.
Modern Avenue Group Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Modern Avenue Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Modern Avenue Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Modern Avenue Group Co Ltd's total assets of CN¥744.11 Million consist of 74.7% current assets and 25.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.9% |
| Accounts Receivable | CN¥44.87 Million | 9.2% |
| Inventory | CN¥59.80 Million | 12.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.57 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Modern Avenue Group 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: Modern Avenue Group Co Ltd's current assets represent 74.7% of total assets in 2024, a decrease from 83.8% in 2008.
- Cash Position: Cash and equivalents constituted 27.9% of total assets in 2024, down from 35.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 12.3% of total assets.
Modern Avenue Group Co Ltd Competitors by Total Assets
Key competitors of Modern Avenue Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
F&F Co Ltd
KO:383220
|
Korea | ₩2.50 Trillion |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
USA | $220.50K |
|
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 |
|
Shanghai Metersbonwe Fashion&Accessories Co Ltd
SHE:002269
|
China | CN¥1.86 Billion |
Modern Avenue Group 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 - Modern Avenue Group Co Ltd generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Modern Avenue Group Co Ltd is currently not profitable relative to its asset base.
Modern Avenue Group 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 | 2.09 | 2.99 | 3.60 |
| Quick Ratio | 1.54 | 2.43 | 3.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥300.13 Million | CN¥ 249.47 Million | CN¥ 729.10 Million |
Modern Avenue Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Modern Avenue Group 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 | 4.86 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -18.6% |
| Total Assets | CN¥485.87 Million |
| Market Capitalization | $227.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Modern Avenue Group Co Ltd's assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Modern Avenue Group Co Ltd's assets decreased by 18.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Modern Avenue Group Co Ltd (2008–2024)
The table below shows the annual total assets of Modern Avenue Group Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥485.87 Million | -18.57% |
| 2023-12-31 | CN¥596.66 Million | -24.50% |
| 2022-12-31 | CN¥790.33 Million | -28.83% |
| 2021-12-31 | CN¥1.11 Billion | -7.42% |
| 2020-12-31 | CN¥1.20 Billion | -35.93% |
| 2019-12-31 | CN¥1.87 Billion | -43.93% |
| 2018-12-31 | CN¥3.34 Billion | -1.82% |
| 2017-12-31 | CN¥3.40 Billion | +16.20% |
| 2016-12-31 | CN¥2.93 Billion | +5.05% |
| 2015-12-31 | CN¥2.79 Billion | +37.05% |
| 2014-12-31 | CN¥2.03 Billion | -4.55% |
| 2013-12-31 | CN¥2.13 Billion | +38.99% |
| 2012-12-31 | CN¥1.53 Billion | +161.05% |
| 2011-12-31 | CN¥586.97 Million | +52.43% |
| 2010-12-31 | CN¥385.08 Million | +36.70% |
| 2009-12-31 | CN¥281.69 Million | +33.93% |
| 2008-12-31 | CN¥210.32 Million | -- |