Zhejiang Truelove Vogue Co Ltd (003041) - Total Assets
Based on the latest financial reports, Zhejiang Truelove Vogue Co Ltd (003041) holds total assets worth CN¥2.11 Billion CNY (≈ $309.44 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 003041 net assets for net asset value and shareholders' equity analysis.
Zhejiang Truelove Vogue Co Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Zhejiang Truelove Vogue Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Truelove Vogue Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Truelove Vogue Co Ltd's total assets of CN¥2.11 Billion consist of 31.3% current assets and 68.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.3% |
| Accounts Receivable | CN¥225.37 Million | 10.4% |
| Inventory | CN¥203.34 Million | 9.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥58.70 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Zhejiang Truelove Vogue 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 market value of Zhejiang Truelove Vogue Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Truelove Vogue Co Ltd's current assets represent 31.3% of total assets in 2024, a decrease from 67.5% in 2012.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 34.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 10.4% of total assets.
Zhejiang Truelove Vogue Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Truelove Vogue Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306
|
China | CN¥5.86 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
China | CN¥13.55 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
India | Rs131.53 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥16.51 Billion |
|
Hunan Huasheng Co Ltd
SHG:600156
|
China | CN¥834.37 Million |
|
Huafang Co Ltd
SHG:600448
|
China | CN¥3.70 Billion |
|
Indo Kordsa Tbk
JK:BRAM
|
Indonesia | Rp268.28 Million |
|
Daehan Synthet
KO:003830
|
Korea | ₩812.49 Billion |
Zhejiang Truelove Vogue 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 | 2.24 | 1.67 | 2.95 |
| Quick Ratio | 1.70 | 1.05 | 2.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥392.70 Million | CN¥253.33 Million | CN¥355.65 Million |
Zhejiang Truelove Vogue Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Truelove Vogue 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 | 4.95 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | 1.0% |
| Total Assets | CN¥2.17 Billion |
| Market Capitalization | $1.10 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Truelove Vogue Co Ltd's assets below their book value (0.51x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Truelove Vogue Co Ltd's assets grew by 1.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Truelove Vogue Co Ltd (2012–2024)
The table below shows the annual total assets of Zhejiang Truelove Vogue Co Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion ≈ $317.21 Million |
+1.04% |
| 2023-12-31 | CN¥2.15 Billion ≈ $313.95 Million |
+13.41% |
| 2022-12-31 | CN¥1.89 Billion ≈ $276.82 Million |
+25.62% |
| 2021-12-31 | CN¥1.51 Billion ≈ $220.36 Million |
+79.52% |
| 2020-12-31 | CN¥838.85 Million ≈ $122.75 Million |
+14.43% |
| 2019-12-31 | CN¥733.04 Million ≈ $107.27 Million |
+9.27% |
| 2018-12-31 | CN¥670.86 Million ≈ $98.17 Million |
+1.18% |
| 2017-12-31 | CN¥663.06 Million ≈ $97.03 Million |
+0.98% |
| 2014-12-31 | CN¥656.60 Million ≈ $96.08 Million |
-18.07% |
| 2013-12-31 | CN¥801.46 Million ≈ $117.28 Million |
-4.38% |
| 2012-12-31 | CN¥838.22 Million ≈ $122.66 Million |
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About Zhejiang Truelove Vogue Co Ltd
Zhejiang Truelove Vogue Co., Ltd. researches and develops, designs, manufactures, and sells blankets, carpets, and bedding in China. It offers raschel blankets, kits, suits, quilts, and pillow cores, and other household textile products under the True Love brand name. The company also provides towels, home clothes, and other textiles and packaging products. The company also exports its products. … Read more