Ningbo Zhongbai Co Ltd
Ningbo Zhongbai Co., Ltd. primarily operates department stores in China. The company is also involved in the wholesale, retail, and online sales of gold, jewelry, textiles, clothing, cosmetics, bags, shoes and hats, glasses, daily necessities, handicrafts, toys, cultural, sports goods and equipment, machinery and equipment, hardware and electrical appliances, household appliances, electronic prod… Read more
Ningbo Zhongbai Co Ltd (600857) - Total Assets
Latest total assets as of September 2025: CN¥978.68 Million CNY
Based on the latest financial reports, Ningbo Zhongbai Co Ltd (600857) holds total assets worth CN¥978.68 Million CNY 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.
Ningbo Zhongbai Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Ningbo Zhongbai Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo Zhongbai Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Zhongbai Co Ltd's total assets of CN¥978.68 Million consist of 52.6% current assets and 47.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 44.2% |
| Accounts Receivable | CN¥3.25 Million | 0.4% |
| Inventory | CN¥21.67 Million | 2.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.31 Million | 0.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Ningbo Zhongbai 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: Ningbo Zhongbai Co Ltd's current assets represent 52.6% of total assets in 2024, a decrease from 66.2% in 1994.
- Cash Position: Cash and equivalents constituted 44.2% of total assets in 2024, up from 0.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is inventory at 2.4% of total assets.
Ningbo Zhongbai Co Ltd Competitors by Total Assets
Key competitors of Ningbo Zhongbai Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hefei Department Store Group Co Ltd
SHE:000417
|
China | CN¥12.49 Billion |
|
Changsha Tongcheng Holdings Co Ltd
SHE:000419
|
China | CN¥5.69 Billion |
|
Wushang Group Co Ltd
SHE:000501
|
China | CN¥31.05 Billion |
|
CCOOP Group Co Ltd
SHE:000564
|
China | CN¥34.92 Billion |
|
Dalian Friendship Group Co Ltd
SHE:000679
|
China | CN¥975.20 Million |
|
Zhongxing Shenyang Commercial Building Group Co Ltd
SHE:000715
|
China | CN¥2.70 Billion |
|
Easyhome New Retail Group Co Ltd
SHE:000785
|
China | CN¥45.94 Billion |
|
Guangzhou Grandbuy Co Ltd
SHE:002187
|
China | CN¥7.11 Billion |
Ningbo Zhongbai 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
Strong asset utilization - Ningbo Zhongbai Co Ltd generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ningbo Zhongbai Co Ltd is currently not profitable relative to its asset base.
Ningbo Zhongbai 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 | 10.33 | 4.75 | 3.42 |
| Quick Ratio | 9.58 | 4.48 | 2.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥493.77 Million | CN¥ 440.71 Million | CN¥ 238.45 Million |
Ningbo Zhongbai Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Zhongbai 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 | 3.37 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | CN¥906.63 Million |
| Market Capitalization | $227.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Zhongbai Co Ltd's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ningbo Zhongbai Co Ltd's assets decreased by 10.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ningbo Zhongbai Co Ltd (1994–2024)
The table below shows the annual total assets of Ningbo Zhongbai Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥906.63 Million | -10.62% |
| 2023-12-31 | CN¥1.01 Billion | +5.42% |
| 2022-12-31 | CN¥962.20 Million | +0.39% |
| 2021-12-31 | CN¥958.47 Million | -13.82% |
| 2020-12-31 | CN¥1.11 Billion | -19.34% |
| 2019-12-31 | CN¥1.38 Billion | +67.24% |
| 2018-12-31 | CN¥824.48 Million | +0.04% |
| 2017-12-31 | CN¥824.11 Million | +0.21% |
| 2016-12-31 | CN¥822.35 Million | +5.73% |
| 2015-12-31 | CN¥777.77 Million | +2.58% |
| 2014-12-31 | CN¥758.25 Million | +2.40% |
| 2013-12-31 | CN¥740.45 Million | +5.28% |
| 2012-12-31 | CN¥703.29 Million | +3.46% |
| 2011-12-31 | CN¥679.78 Million | +9.44% |
| 2010-12-31 | CN¥621.12 Million | +6.89% |
| 2009-12-31 | CN¥581.09 Million | -2.61% |
| 2008-12-31 | CN¥596.65 Million | -17.66% |
| 2007-12-31 | CN¥724.59 Million | +24.66% |
| 2006-12-31 | CN¥581.24 Million | +4.32% |
| 2005-12-31 | CN¥557.16 Million | -4.16% |
| 2004-12-31 | CN¥581.32 Million | +1.39% |
| 2003-12-31 | CN¥573.37 Million | +0.30% |
| 2002-12-31 | CN¥571.68 Million | +23.63% |
| 2001-12-31 | CN¥462.39 Million | +1.19% |
| 2000-12-31 | CN¥456.97 Million | +2.05% |
| 1999-12-31 | CN¥447.79 Million | +18.17% |
| 1998-12-31 | CN¥378.95 Million | -7.96% |
| 1997-12-31 | CN¥411.74 Million | +8.65% |
| 1996-12-31 | CN¥378.94 Million | +2.34% |
| 1995-12-31 | CN¥370.26 Million | +27.09% |
| 1994-12-31 | CN¥291.35 Million | -- |