Lao Feng Xiang Co Ltd A (600612) - Total Assets
Based on the latest financial reports, Lao Feng Xiang Co Ltd A (600612) holds total assets worth CN¥24.89 Billion CNY (≈ $3.64 Billion 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 Lao Feng Xiang Co Ltd A (600612) shareholders funds for net asset value and shareholders' equity analysis.
Lao Feng Xiang Co Ltd A - Total Assets Trend (1992–2024)
This chart illustrates how Lao Feng Xiang Co Ltd A's total assets have evolved over time, based on quarterly financial data.
Lao Feng Xiang Co Ltd A - Asset Composition Analysis
Current Asset Composition (December 2024)
Lao Feng Xiang Co Ltd A's total assets of CN¥24.89 Billion consist of 94.7% current assets and 5.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 35.9% |
| Accounts Receivable | CN¥1.26 Billion | 5.5% |
| Inventory | CN¥11.82 Billion | 52.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥48.73 Million | 0.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1992–2024)
This chart illustrates how Lao Feng Xiang Co Ltd A'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 600612 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lao Feng Xiang Co Ltd A's current assets represent 94.7% of total assets in 2024, an increase from 77.1% in 1992.
- Cash Position: Cash and equivalents constituted 35.9% of total assets in 2024, down from 38.9% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1992.
- Asset Diversification: The largest asset category is inventory at 52.0% of total assets.
Lao Feng Xiang Co Ltd A Competitors by Total Assets
Key competitors of Lao Feng Xiang Co Ltd A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prada S.p.A.
F:PRP
|
Germany | €8.32 Billion |
|
Pandora A/S
CO:PNDORA
|
Denmark | Dkr29.60 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
China | CN¥2.18 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥6.34 Billion |
|
Laxmi Goldorna House Ltd
NSE:LGHL
|
India | Rs1.94 Billion |
|
Cettire Ltd
AU:CTT
|
Australia | AU$124.32 Million |
|
Michael Hill International Ltd
AU:MHJ
|
Australia | AU$558.19 Million |
|
Atlas Pearls Ltd
AU:ATP
|
Australia | AU$85.89 Million |
Lao Feng Xiang Co Ltd A - 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 | 2.51 | 2.43 | 2.04 |
| Quick Ratio | 1.65 | 1.73 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥14.18 Billion | CN¥13.44 Billion | CN¥9.58 Billion |
Lao Feng Xiang Co Ltd A - Advanced Valuation Insights
This section examines the relationship between Lao Feng Xiang Co Ltd A'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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | CN¥22.73 Billion |
| Market Capitalization | $1.82 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Lao Feng Xiang Co Ltd A's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lao Feng Xiang Co Ltd A's assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lao Feng Xiang Co Ltd A (1992–2024)
The table below shows the annual total assets of Lao Feng Xiang Co Ltd A from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.73 Billion ≈ $3.33 Billion |
-6.59% |
| 2023-12-31 | CN¥24.33 Billion ≈ $3.56 Billion |
-6.43% |
| 2022-12-31 | CN¥26.00 Billion ≈ $3.81 Billion |
+16.75% |
| 2021-12-31 | CN¥22.27 Billion ≈ $3.26 Billion |
+13.86% |
| 2020-12-31 | CN¥19.56 Billion ≈ $2.86 Billion |
+13.87% |
| 2019-12-31 | CN¥17.18 Billion ≈ $2.51 Billion |
+10.94% |
| 2018-12-31 | CN¥15.49 Billion ≈ $2.27 Billion |
+15.36% |
| 2017-12-31 | CN¥13.42 Billion ≈ $1.96 Billion |
-4.50% |
| 2016-12-31 | CN¥14.06 Billion ≈ $2.06 Billion |
+21.59% |
| 2015-12-31 | CN¥11.56 Billion ≈ $1.69 Billion |
-0.10% |
| 2014-12-31 | CN¥11.57 Billion ≈ $1.69 Billion |
+23.93% |
| 2013-12-31 | CN¥9.34 Billion ≈ $1.37 Billion |
+5.09% |
| 2012-12-31 | CN¥8.89 Billion ≈ $1.30 Billion |
+22.10% |
| 2011-12-31 | CN¥7.28 Billion ≈ $1.06 Billion |
+32.70% |
| 2010-12-31 | CN¥5.48 Billion ≈ $802.39 Million |
+50.21% |
| 2009-12-31 | CN¥3.65 Billion ≈ $534.16 Million |
+23.31% |
| 2008-12-31 | CN¥2.96 Billion ≈ $433.19 Million |
+7.10% |
| 2007-12-31 | CN¥2.76 Billion ≈ $404.46 Million |
+54.85% |
| 2006-12-31 | CN¥1.78 Billion ≈ $261.19 Million |
+11.05% |
| 2005-12-31 | CN¥1.61 Billion ≈ $235.21 Million |
+10.11% |
| 2004-12-31 | CN¥1.46 Billion ≈ $213.61 Million |
+1.08% |
| 2003-12-31 | CN¥1.44 Billion ≈ $211.32 Million |
+5.31% |
| 2002-12-31 | CN¥1.37 Billion ≈ $200.66 Million |
-0.33% |
| 2001-12-31 | CN¥1.38 Billion ≈ $201.32 Million |
-5.18% |
| 2000-12-31 | CN¥1.45 Billion ≈ $212.33 Million |
-0.09% |
| 1999-12-31 | CN¥1.45 Billion ≈ $212.53 Million |
+76.61% |
| 1998-12-31 | CN¥822.35 Million ≈ $120.34 Million |
+19.83% |
| 1997-12-31 | CN¥686.27 Million ≈ $100.42 Million |
+30.34% |
| 1996-12-31 | CN¥526.52 Million ≈ $77.05 Million |
+5.44% |
| 1995-12-31 | CN¥499.34 Million ≈ $73.07 Million |
+12.94% |
| 1994-12-31 | CN¥442.13 Million ≈ $64.70 Million |
+63.57% |
| 1993-12-31 | CN¥270.29 Million ≈ $39.55 Million |
+27.62% |
| 1992-12-31 | CN¥211.79 Million ≈ $30.99 Million |
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About Lao Feng Xiang Co Ltd A
Lao Feng Xiang Co., Ltd. operates in the jewelry industry in the People's Republic of China and internationally. The company researches, designs, produces, and sells gold, silver, platinum, diamonds, white jade, jadeite, pearls, gold inlays, colored gemstones, enamel, K gold jewelry glass, corals, watches, amber, brooches, arts and crafts souvenirs. The company was formerly known as China First P… Read more