China National Gold Group Gold Jewellery Co Ltd

SHG:600916 China Luxury Goods
Market Cap
$2.27 Billion
CN¥16.65 Billion CNY
Market Cap Rank
#7437 Global
#1262 in China
Share Price
CN¥9.91
Change (1 day)
-2.46%
52-Week Range
CN¥7.92 - CN¥14.68
All Time High
CN¥19.50
About

China National Gold Group Gold Jewellery Co.,Ltd. engages in the research and development, processing, wholesale, and retail of gold, silver, jewelry, and mold products in China and internationally. It offers gold products, including gold bars, jewelry, and other gold products; K gold jewelry products comprising jewelry made of K gold, platinum, silver, etc., as well as inlaid jewelry products, s… Read more

China National Gold Group Gold Jewellery Co Ltd (600916) - Total Assets

Latest total assets as of June 2025: CN¥13.41 Billion CNY

Based on the latest financial reports, China National Gold Group Gold Jewellery Co Ltd (600916) holds total assets worth CN¥13.41 Billion CNY as of June 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.

China National Gold Group Gold Jewellery Co Ltd - Total Assets Trend (2016–2024)

This chart illustrates how China National Gold Group Gold Jewellery Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

China National Gold Group Gold Jewellery Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

China National Gold Group Gold Jewellery Co Ltd's total assets of CN¥13.41 Billion consist of 93.0% current assets and 7.0% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 52.7%
Accounts Receivable CN¥342.09 Million 2.7%
Inventory CN¥3.79 Billion 29.4%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥15.25 Million 0.1%
Goodwill CN¥4.82 Million 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how China National Gold Group Gold Jewellery 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: China National Gold Group Gold Jewellery Co Ltd's current assets represent 93.0% of total assets in 2024, a decrease from 96.1% in 2016.
  • Cash Position: Cash and equivalents constituted 52.7% of total assets in 2024, up from 11.6% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 29.4% of total assets.

China National Gold Group Gold Jewellery Co Ltd Competitors by Total Assets

Key competitors of China National Gold Group Gold Jewellery Co Ltd based on total assets are shown below.

China National Gold Group Gold Jewellery 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

Historical Range: 3.74 - 5.99

Strong asset utilization - China National Gold Group Gold Jewellery Co Ltd generates 4.69x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.06% - 7.43%

Solid ROA - For every $100 in assets, China National Gold Group Gold Jewellery Co Ltd generates $6.34 in net profit.

China National Gold Group Gold Jewellery 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 2.19 2.44 1.81
Quick Ratio 1.40 1.68 0.95
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥6.79 Billion CN¥ 6.79 Billion CN¥ 4.81 Billion

China National Gold Group Gold Jewellery Co Ltd - Advanced Valuation Insights

This section examines the relationship between China National Gold Group Gold Jewellery 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 1.88
Latest Market Cap to Assets Ratio 0.08
Asset Growth Rate (YoY) -1.6%
Total Assets CN¥12.90 Billion
Market Capitalization $972.71 Million USD

Valuation Analysis

Below Book Valuation: The market values China National Gold Group Gold Jewellery Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: China National Gold Group Gold Jewellery Co Ltd's assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for China National Gold Group Gold Jewellery Co Ltd (2016–2024)

The table below shows the annual total assets of China National Gold Group Gold Jewellery Co Ltd from 2016 to 2024.

Year Total Assets Change
2024-12-31 CN¥12.90 Billion -1.60%
2023-12-31 CN¥13.11 Billion +12.73%
2022-12-31 CN¥11.63 Billion +5.54%
2021-12-31 CN¥11.02 Billion +22.08%
2020-12-31 CN¥9.03 Billion +7.07%
2019-12-31 CN¥8.43 Billion +13.96%
2018-12-31 CN¥7.40 Billion +14.68%
2017-12-31 CN¥6.45 Billion +44.48%
2016-12-31 CN¥4.46 Billion --