Zhejiang Furun Co Ltd
Zhejiang Furun Digital Technology CO.,LTD provides internet services in China. The company offers internet marketing, big data analysis, and media advertising services. It is also involved in the live e-commerce business that includes online sales of various products in the fields of beauty make up and personal care. In addition, the company provides multi-channel supply chain brand services; and… Read more
Zhejiang Furun Co Ltd (600070) - Total Assets
Latest total assets as of September 2024: CN¥931.85 Million CNY
Based on the latest financial reports, Zhejiang Furun Co Ltd (600070) holds total assets worth CN¥931.85 Million CNY as of September 2024.
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.
Zhejiang Furun Co Ltd - Total Assets Trend (2000–2023)
This chart illustrates how Zhejiang Furun Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Furun Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Zhejiang Furun Co Ltd's total assets of CN¥931.85 Million consist of 41.7% current assets and 58.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.3% |
| Accounts Receivable | CN¥339.28 Million | 32.6% |
| Inventory | CN¥1.16 Million | 0.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥87.25 Million | 8.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2000–2023)
This chart illustrates how Zhejiang Furun 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: Zhejiang Furun Co Ltd's current assets represent 41.7% of total assets in 2023, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2023, up from 1.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 32.6% of total assets.
Zhejiang Furun Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Furun Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Zhejiang Furun 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
Lower asset utilization - Zhejiang Furun Co Ltd generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zhejiang Furun Co Ltd is currently not profitable relative to its asset base.
Zhejiang Furun 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 | 0.76 | 1.78 | 2.39 |
| Quick Ratio | 0.75 | 1.78 | 2.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-106.58 Million | CN¥ 319.88 Million | CN¥ 1.66 Billion |
Zhejiang Furun Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Furun 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 | 0.42 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -42.7% |
| Total Assets | CN¥1.04 Billion |
| Market Capitalization | $21.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Furun Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Furun Co Ltd's assets decreased by 42.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Furun Co Ltd (2000–2023)
The table below shows the annual total assets of Zhejiang Furun Co Ltd from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥1.04 Billion | -42.68% |
| 2022-12-31 | CN¥1.82 Billion | -33.15% |
| 2021-12-31 | CN¥2.72 Billion | -26.33% |
| 2020-12-31 | CN¥3.69 Billion | -22.55% |
| 2019-12-31 | CN¥4.76 Billion | +14.82% |
| 2018-12-31 | CN¥4.15 Billion | +15.05% |
| 2017-12-31 | CN¥3.60 Billion | -1.43% |
| 2016-12-31 | CN¥3.66 Billion | +74.74% |
| 2015-12-31 | CN¥2.09 Billion | +2.27% |
| 2014-12-31 | CN¥2.05 Billion | +15.65% |
| 2013-12-31 | CN¥1.77 Billion | +14.24% |
| 2012-12-31 | CN¥1.55 Billion | +6.57% |
| 2011-12-31 | CN¥1.45 Billion | -1.35% |
| 2010-12-31 | CN¥1.47 Billion | +12.50% |
| 2009-12-31 | CN¥1.31 Billion | +2.52% |
| 2008-12-31 | CN¥1.28 Billion | +15.38% |
| 2007-12-31 | CN¥1.11 Billion | +22.37% |
| 2006-12-31 | CN¥904.70 Million | -8.14% |
| 2005-12-31 | CN¥984.83 Million | +21.65% |
| 2004-12-31 | CN¥809.54 Million | +32.63% |
| 2003-12-31 | CN¥610.36 Million | +10.33% |
| 2002-12-31 | CN¥553.20 Million | +29.00% |
| 2001-12-31 | CN¥428.85 Million | +2.16% |
| 2000-12-31 | CN¥419.80 Million | -- |