Zhejiang Red Dragonfly Footwear Co Ltd (603116) - Total Assets
Based on the latest financial reports, Zhejiang Red Dragonfly Footwear Co Ltd (603116) holds total assets worth CN¥3.67 Billion CNY (≈ $537.35 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 Zhejiang Red Dragonfly Footwear Co Ltd net assets for net asset value and shareholders' equity analysis.
Zhejiang Red Dragonfly Footwear Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Red Dragonfly Footwear Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Red Dragonfly Footwear Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Red Dragonfly Footwear Co Ltd's total assets of CN¥3.67 Billion consist of 62.1% current assets and 37.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.5% |
| Accounts Receivable | CN¥521.33 Million | 13.2% |
| Inventory | CN¥519.88 Million | 13.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥46.85 Million | 1.2% |
| Goodwill | CN¥1.73 Million | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Red Dragonfly Footwear 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 Zhejiang Red Dragonfly Footwear Co Ltd (603116) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Red Dragonfly Footwear Co Ltd's current assets represent 62.1% of total assets in 2024, an increase from 51.8% in 2011.
- Cash Position: Cash and equivalents constituted 26.5% of total assets in 2024, up from 14.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 13.2% of total assets.
Zhejiang Red Dragonfly Footwear Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Red Dragonfly Footwear Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huali Industrial Group Company Limited
SHE:300979
|
China | CN¥23.54 Billion |
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
China | CN¥3.12 Billion |
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Bhartiya International Limited
NSE:BIL
|
India | Rs13.28 Billion |
|
Shui-Mu International Co Ltd
TW:8443
|
Taiwan | NT$1.67 Billion |
|
Grimoldi SA
BA:GRIM
|
Argentina | AR$187.11 Billion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
Brazil | R$3.88 Billion |
Zhejiang Red Dragonfly Footwear 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 | 2.68 | 2.93 | 2.75 |
| Quick Ratio | 2.15 | 2.29 | 2.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.45 Billion | CN¥1.61 Billion | CN¥2.36 Billion |
Zhejiang Red Dragonfly Footwear Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Red Dragonfly Footwear 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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | CN¥3.96 Billion |
| Market Capitalization | $639.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Red Dragonfly Footwear Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Red Dragonfly Footwear Co Ltd's assets decreased by 9.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Red Dragonfly Footwear Co Ltd (2011–2024)
The table below shows the annual total assets of Zhejiang Red Dragonfly Footwear Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.96 Billion ≈ $579.16 Million |
-9.25% |
| 2023-12-31 | CN¥4.36 Billion ≈ $638.22 Million |
-7.54% |
| 2022-12-31 | CN¥4.72 Billion ≈ $690.26 Million |
+3.68% |
| 2021-12-31 | CN¥4.55 Billion ≈ $665.75 Million |
-6.87% |
| 2020-12-31 | CN¥4.88 Billion ≈ $714.83 Million |
+5.12% |
| 2019-12-31 | CN¥4.65 Billion ≈ $679.98 Million |
-0.17% |
| 2018-12-31 | CN¥4.65 Billion ≈ $681.14 Million |
+0.29% |
| 2017-12-31 | CN¥4.64 Billion ≈ $679.15 Million |
+5.69% |
| 2016-12-31 | CN¥4.39 Billion ≈ $642.59 Million |
+8.42% |
| 2015-12-31 | CN¥4.05 Billion ≈ $592.69 Million |
+46.52% |
| 2014-12-31 | CN¥2.76 Billion ≈ $404.51 Million |
+3.21% |
| 2013-12-31 | CN¥2.68 Billion ≈ $391.95 Million |
+6.15% |
| 2012-12-31 | CN¥2.52 Billion ≈ $369.25 Million |
+13.74% |
| 2011-12-31 | CN¥2.22 Billion ≈ $324.65 Million |
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About Zhejiang Red Dragonfly Footwear Co Ltd
Zhejiang Red Dragonfly Footwear Co., Ltd. designs, develops, manufactures, and sells shoes for adults in China. The company also offers luggage bags and leather goods, and children's products. It sells its products under the Red Dragonfly brand through offline and online channel. Zhejiang Red Dragonfly Footwear Co., Ltd. was founded in 1995 and is headquartered in Wenzhou, China.