Zhejiang Lianxiang Smart Home
Zhejiang Lianxiang Smart Home Co., LTD engages in the research and development, production, and sales of embroidery embroidered wallpaper in China. It offers embroidery, jacquard, printed wallpaper, digital printing wall coverings; and collar embroidered curtains under the LEADSHOW brand name. The company was founded in 2004 and is based in Jiaxing, China.
Zhejiang Lianxiang Smart Home (603272) - Total Assets
Latest total assets as of September 2025: CN¥650.52 Million CNY
Based on the latest financial reports, Zhejiang Lianxiang Smart Home (603272) holds total assets worth CN¥650.52 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.
Zhejiang Lianxiang Smart Home - Total Assets Trend (2018–2024)
This chart illustrates how Zhejiang Lianxiang Smart Home’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Lianxiang Smart Home - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Lianxiang Smart Home's total assets of CN¥650.52 Million consist of 41.6% current assets and 58.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.4% |
| Accounts Receivable | CN¥73.34 Million | 10.2% |
| Inventory | CN¥54.24 Million | 7.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥50.88 Million | 7.0% |
| Goodwill | CN¥2.89 Million | 0.4% |
Asset Composition Trend (2018–2024)
This chart illustrates how Zhejiang Lianxiang Smart Home'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 Lianxiang Smart Home's current assets represent 41.6% of total assets in 2024, a decrease from 63.8% in 2018.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2024, down from 46.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, a decrease from 9.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 10.2% of total assets.
Zhejiang Lianxiang Smart Home Competitors by Total Assets
Key competitors of Zhejiang Lianxiang Smart Home based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Zhejiang Lianxiang Smart Home - 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 Lianxiang Smart Home generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Zhejiang Lianxiang Smart Home generates $ 1.51 in net profit.
Zhejiang Lianxiang Smart Home - 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 | 3.01 | 2.89 | 1.84 |
| Quick Ratio | 2.43 | 2.09 | 1.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥171.07 Million | CN¥ 152.74 Million | CN¥ 72.29 Million |
Zhejiang Lianxiang Smart Home - Advanced Valuation Insights
This section examines the relationship between Zhejiang Lianxiang Smart Home'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 | 4.36 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | CN¥722.74 Million |
| Market Capitalization | $127.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Lianxiang Smart Home's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Lianxiang Smart Home's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Lianxiang Smart Home (2018–2024)
The table below shows the annual total assets of Zhejiang Lianxiang Smart Home from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥722.74 Million | -2.61% |
| 2023-12-31 | CN¥742.12 Million | +1.68% |
| 2022-12-31 | CN¥729.86 Million | +73.59% |
| 2021-12-31 | CN¥420.45 Million | +7.42% |
| 2020-12-31 | CN¥391.39 Million | +24.41% |
| 2019-12-31 | CN¥314.60 Million | +22.85% |
| 2018-12-31 | CN¥256.09 Million | -- |