Jiangsu King's Luck Brewery Joint-Stock Co Ltd
Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. engages in the research, development, and sale of liquor and wine in China. The company offers its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It distributes its products to dealers; and directly sells to group buying, supermarkets, hotels, and retail channels. In addition, the company engages in investment consulting; food productio… Read more
Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) - Total Assets
Latest total assets as of September 2025: CN¥24.48 Billion CNY
Based on the latest financial reports, Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) holds total assets worth CN¥24.48 Billion 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.
Jiangsu King's Luck Brewery Joint-Stock Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Jiangsu King's Luck Brewery Joint-Stock Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu King's Luck Brewery Joint-Stock Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu King's Luck Brewery Joint-Stock Co Ltd's total assets of CN¥24.48 Billion consist of 57.5% current assets and 42.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 25.4% |
| Accounts Receivable | CN¥87.69 Million | 0.4% |
| Inventory | CN¥5.57 Billion | 23.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥452.01 Million | 1.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Jiangsu King's Luck Brewery Joint-Stock 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: Jiangsu King's Luck Brewery Joint-Stock Co Ltd's current assets represent 57.5% of total assets in 2024, a decrease from 62.8% in 2011.
- Cash Position: Cash and equivalents constituted 25.4% of total assets in 2024, up from 23.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 10.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 23.0% of total assets.
Jiangsu King's Luck Brewery Joint-Stock Co Ltd Competitors by Total Assets
Key competitors of Jiangsu King's Luck Brewery Joint-Stock Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hite Jinro
KO:000080
|
Korea | ₩3.44 Trillion |
|
Luzhou Lao Jiao Co Ltd
SHE:000568
|
China | CN¥65.50 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
China | CN¥4.65 Billion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
China | CN¥181.07 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
China | CN¥12.93 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
China | CN¥12.16 Billion |
|
Bohae Brewery
KO:000890
|
Korea | ₩143.36 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
China | CN¥59.50 Billion |
Jiangsu King's Luck Brewery Joint-Stock 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
Moderate asset utilization - Jiangsu King's Luck Brewery Joint-Stock Co Ltd generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Jiangsu King's Luck Brewery Joint-Stock Co Ltd generates $ 14.09 in net profit.
Jiangsu King's Luck Brewery Joint-Stock 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 | 1.73 | 1.76 | 2.43 |
| Quick Ratio | 0.90 | 1.11 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.38 Billion | CN¥ 5.36 Billion | CN¥ 4.95 Billion |
Jiangsu King's Luck Brewery Joint-Stock Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu King's Luck Brewery Joint-Stock 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 | 2.20 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | CN¥24.22 Billion |
| Market Capitalization | $1.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu King's Luck Brewery Joint-Stock Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiangsu King's Luck Brewery Joint-Stock Co Ltd's assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangsu King's Luck Brewery Joint-Stock Co Ltd (2011–2024)
The table below shows the annual total assets of Jiangsu King's Luck Brewery Joint-Stock Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥24.22 Billion | +11.98% |
| 2023-12-31 | CN¥21.63 Billion | +18.96% |
| 2022-12-31 | CN¥18.18 Billion | +25.98% |
| 2021-12-31 | CN¥14.43 Billion | +21.79% |
| 2020-12-31 | CN¥11.85 Billion | +17.78% |
| 2019-12-31 | CN¥10.06 Billion | +17.17% |
| 2018-12-31 | CN¥8.59 Billion | +18.89% |
| 2017-12-31 | CN¥7.22 Billion | +16.91% |
| 2016-12-31 | CN¥6.18 Billion | +13.93% |
| 2015-12-31 | CN¥5.42 Billion | +20.50% |
| 2014-12-31 | CN¥4.50 Billion | +33.70% |
| 2013-12-31 | CN¥3.37 Billion | +13.35% |
| 2012-12-31 | CN¥2.97 Billion | +29.73% |
| 2011-12-31 | CN¥2.29 Billion | -- |