Qumei Furniture Group Co Ltd (603818) - Total Assets
Based on the latest financial reports, Qumei Furniture Group Co Ltd (603818) holds total assets worth CN¥6.72 Billion CNY (≈ $983.13 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 603818 total equity for net asset value and shareholders' equity analysis.
Qumei Furniture Group Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Qumei Furniture Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Qumei Furniture Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qumei Furniture Group Co Ltd's total assets of CN¥6.72 Billion consist of 31.4% current assets and 68.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥504.61 Million | 7.7% |
| Inventory | CN¥585.26 Million | 8.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.83 Billion | 27.9% |
| Goodwill | CN¥984.07 Million | 15.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qumei Furniture Group 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 how much is Qumei Furniture Group Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qumei Furniture Group Co Ltd's current assets represent 31.4% of total assets in 2024, a decrease from 33.9% in 2011.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, down from 15.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 27.0% in 2011.
- Asset Diversification: The largest asset category is intangible assets at 27.9% of total assets.
Qumei Furniture Group Co Ltd Competitors by Total Assets
Key competitors of Qumei Furniture Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SEB SA
PA:SK
|
France | €9.11 Billion |
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
China | CN¥16.75 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
China | CN¥1.33 Billion |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
China | CN¥3.20 Billion |
|
Whirlpool of India Limited
NSE:WHIRLPOOL
|
India | Rs65.30 Billion |
|
Joyoung Co Ltd
SHE:002242
|
China | CN¥6.91 Billion |
|
Vatti Corp Ltd
SHE:002035
|
China | CN¥6.99 Billion |
|
Huali Industries
SHG:603038
|
China | CN¥2.86 Billion |
Qumei Furniture Group 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 | 0.61 | 1.08 | 1.10 |
| Quick Ratio | 0.42 | 0.78 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.28 Billion | CN¥150.89 Million | CN¥201.10 Million |
Qumei Furniture Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qumei Furniture Group 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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | CN¥6.56 Billion |
| Market Capitalization | $376.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qumei Furniture Group Co Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qumei Furniture Group Co Ltd's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qumei Furniture Group Co Ltd (2011–2024)
The table below shows the annual total assets of Qumei Furniture Group Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.56 Billion ≈ $959.43 Million |
-5.75% |
| 2023-12-31 | CN¥6.96 Billion ≈ $1.02 Billion |
-8.78% |
| 2022-12-31 | CN¥7.63 Billion ≈ $1.12 Billion |
-0.20% |
| 2021-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
-0.54% |
| 2020-12-31 | CN¥7.68 Billion ≈ $1.12 Billion |
-0.45% |
| 2019-12-31 | CN¥7.72 Billion ≈ $1.13 Billion |
+5.90% |
| 2018-12-31 | CN¥7.29 Billion ≈ $1.07 Billion |
+246.40% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.82 Million |
+18.72% |
| 2016-12-31 | CN¥1.77 Billion ≈ $259.29 Million |
+19.42% |
| 2015-12-31 | CN¥1.48 Billion ≈ $217.12 Million |
+54.41% |
| 2014-12-31 | CN¥960.91 Million ≈ $140.61 Million |
-2.78% |
| 2013-12-31 | CN¥988.37 Million ≈ $144.63 Million |
+14.38% |
| 2012-12-31 | CN¥864.09 Million ≈ $126.44 Million |
+4.71% |
| 2011-12-31 | CN¥825.24 Million ≈ $120.76 Million |
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About Qumei Furniture Group Co Ltd
Qu Mei Home Furnishings Group Co.,Ltd. researches, develops, designs, manufactures, and sells home furnishing products in China. It offers civilian furniture and supporting home products, as well as solutions for house furniture and household products. The company was founded in 1993 and is based in Beijing, China.