Guangzhou Pearl River Piano Group Co Ltd (002678) - Total Assets

Latest as of September 2025: CN¥3.86 Billion CNY ≈ $564.15 Million USD

Based on the latest financial reports, Guangzhou Pearl River Piano Group Co Ltd (002678) holds total assets worth CN¥3.86 Billion CNY (≈ $564.15 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.

Guangzhou Pearl River Piano Group Co Ltd - Total Assets Trend (2009–2024)

This chart illustrates how Guangzhou Pearl River Piano Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 002678 market cap for the company's overall valuation and market capitalisation.

Guangzhou Pearl River Piano Group Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Guangzhou Pearl River Piano Group Co Ltd's total assets of CN¥3.86 Billion consist of 55.8% current assets and 44.2% non-current assets. Review Guangzhou Pearl River Piano Group Co Ltd (002678) total liabilities to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	21.1%
Accounts Receivable	CN¥82.44 Million	2.1%
Inventory	CN¥1.17 Billion	29.4%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥151.89 Million	3.8%
Goodwill	CN¥0.00	0.0%

Asset Composition Trend (2009–2024)

This chart illustrates how Guangzhou Pearl River Piano 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. See Guangzhou Pearl River Piano Group Co Ltd stock price for real-time trading data and today's change.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Guangzhou Pearl River Piano Group Co Ltd's current assets represent 55.8% of total assets in 2024, a decrease from 70.5% in 2009.
Cash Position: Cash and equivalents constituted 21.1% of total assets in 2024, down from 26.3% in 2009.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2009.
Asset Diversification: The largest asset category is inventory at 29.4% of total assets.

Guangzhou Pearl River Piano Group Co Ltd Competitors by Total Assets

Key competitors of Guangzhou Pearl River Piano Group Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Rastar Group SHE:300043	China	CN¥4.18 Billion
China Bicycle Co Holdings Ltd SHE:000017	China	CN¥482.33 Million
Guangdong Banbao Toy Co Ltd SHG:603398	China	CN¥3.32 Billion
Shifeng Cultural Development Co Ltd SHE:002862	China	CN¥676.27 Million
Compagnie Du Mont-Blanc PA:MLCMB	France	€124.05 Million
Holmes Place International Ltd TA:HLMS	Israel	ILA1.51 Billion
Bergbahnen Engelberg Truebsee Titlis Bet AG SW:TIBN	Switzerland	CHF286.82 Million
Coast Entertainment Holdings Ltd AU:CEH	Australia	AU$261.11 Million

Guangzhou Pearl River Piano 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	6.95	6.28	2.55
Quick Ratio	3.17	2.99	1.72
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥1.74 Billion	CN¥2.01 Billion	CN¥1.83 Billion

Guangzhou Pearl River Piano Group Co Ltd - Advanced Valuation Insights

This section examines the relationship between Guangzhou Pearl River Piano 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	2.30
Latest Market Cap to Assets Ratio	0.21
Asset Growth Rate (YoY)	-12.5%
Total Assets	CN¥3.99 Billion
Market Capitalization	$854.69 Million USD

Valuation Analysis

Below Book Valuation: The market values Guangzhou Pearl River Piano Group Co Ltd's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Guangzhou Pearl River Piano Group Co Ltd's assets decreased by 12.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Guangzhou Pearl River Piano Group Co Ltd (2009–2024)

The table below shows the annual total assets of Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥3.99 Billion ≈ $583.29 Million	-12.52%
2023-12-31	CN¥4.56 Billion ≈ $666.79 Million	-10.96%
2022-12-31	CN¥5.12 Billion ≈ $748.88 Million	+1.93%
2021-12-31	CN¥5.02 Billion ≈ $734.69 Million	+4.64%
2020-12-31	CN¥4.80 Billion ≈ $702.13 Million	+7.33%
2019-12-31	CN¥4.47 Billion ≈ $654.20 Million	+2.15%
2018-12-31	CN¥4.38 Billion ≈ $640.41 Million	+4.96%
2017-12-31	CN¥4.17 Billion ≈ $610.13 Million	+44.03%
2016-12-31	CN¥2.89 Billion ≈ $423.61 Million	+17.48%
2015-12-31	CN¥2.46 Billion ≈ $360.59 Million	+3.83%
2014-12-31	CN¥2.37 Billion ≈ $347.29 Million	+4.68%
2013-12-31	CN¥2.27 Billion ≈ $331.77 Million	+13.38%
2012-12-31	CN¥2.00 Billion ≈ $292.63 Million	+45.43%
2011-12-31	CN¥1.38 Billion ≈ $201.22 Million	+7.95%
2010-12-31	CN¥1.27 Billion ≈ $186.40 Million	+1.33%
2009-12-31	CN¥1.26 Billion ≈ $183.95 Million	--

About Guangzhou Pearl River Piano Group Co Ltd

SHE:002678 China Leisure

Market Cap

$854.69 Million

CN¥5.84 Billion CNY

Market Cap Rank

#9585 Global

#2419 in China

Share Price

CN¥4.30

Change (1 day)

-3.59%

52-Week Range

CN¥3.92 - CN¥6.81

All Time High

CN¥13.45