Modern Avenue Group Co Ltd (002656) - Total Assets
Based on the latest financial reports, Modern Avenue Group Co Ltd (002656) holds total assets worth CN¥657.90 Million CNY (≈ $96.27 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. Check 002656 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Modern Avenue Group Co Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Modern Avenue Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Check Modern Avenue Group Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Modern Avenue Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Modern Avenue Group Co Ltd's total assets of CN¥657.90 Million consist of 74.8% current assets and 25.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 46.1% |
| Accounts Receivable | CN¥94.51 Million | 14.2% |
| Inventory | CN¥60.70 Million | 9.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥13.08 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2025)
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. For live market cap, price, and company overview, see 002656 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Modern Avenue Group Co Ltd's current assets represent 74.8% of total assets in 2025, a decrease from 83.8% in 2008.
- Cash Position: Cash and equivalents constituted 46.1% of total assets in 2025, up from 35.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 14.2% 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 |
|---|---|---|
|
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 |
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 | 2.33 | 5.70 | 2.96 |
| Quick Ratio | 1.95 | 5.13 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥283.66 Million | CN¥496.71 Million | CN¥504.59 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 | 5.51 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | 37.5% |
| Total Assets | CN¥667.91 Million |
| Market Capitalization | $330.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Modern Avenue Group Co Ltd's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Modern Avenue Group Co Ltd's assets grew by 37.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Modern Avenue Group Co Ltd (2008–2025)
The table below shows the annual total assets of Modern Avenue Group Co Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥667.91 Million ≈ $97.74 Million |
+37.47% |
| 2024-12-31 | CN¥485.87 Million ≈ $71.10 Million |
-18.57% |
| 2023-12-31 | CN¥596.66 Million ≈ $87.31 Million |
-24.50% |
| 2022-12-31 | CN¥790.33 Million ≈ $115.65 Million |
-28.83% |
| 2021-12-31 | CN¥1.11 Billion ≈ $162.49 Million |
-7.42% |
| 2020-12-31 | CN¥1.20 Billion ≈ $175.51 Million |
-35.93% |
| 2019-12-31 | CN¥1.87 Billion ≈ $273.95 Million |
-43.93% |
| 2018-12-31 | CN¥3.34 Billion ≈ $488.60 Million |
-1.82% |
| 2017-12-31 | CN¥3.40 Billion ≈ $497.66 Million |
+16.20% |
| 2016-12-31 | CN¥2.93 Billion ≈ $428.26 Million |
+5.05% |
| 2015-12-31 | CN¥2.79 Billion ≈ $407.67 Million |
+37.05% |
| 2014-12-31 | CN¥2.03 Billion ≈ $297.47 Million |
-4.55% |
| 2013-12-31 | CN¥2.13 Billion ≈ $311.64 Million |
+38.99% |
| 2012-12-31 | CN¥1.53 Billion ≈ $224.22 Million |
+161.05% |
| 2011-12-31 | CN¥586.97 Million ≈ $85.89 Million |
+52.43% |
| 2010-12-31 | CN¥385.08 Million ≈ $56.35 Million |
+36.70% |
| 2009-12-31 | CN¥281.69 Million ≈ $41.22 Million |
+33.93% |
| 2008-12-31 | CN¥210.32 Million ≈ $30.78 Million |
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About 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.