ZhongWang Fabric Co. Ltd.
Zhong Wang Fabric Co.,Ltd. engages in the research, development, design, production, and sales of medium and high-end decorative fabrics and products in China. The company offers various decorative fabrics and sofa covers products. It provides its products under the Z-WOVENS, Sunbelievable, Neverfear, Z-free, and Z-cycle brands in the United States. Zhong Wang Fabric Co.,Ltd. was founded in 1994 … Read more
ZhongWang Fabric Co. Ltd. (605003) - Total Assets
Latest total assets as of September 2025: CN¥1.56 Billion CNY
Based on the latest financial reports, ZhongWang Fabric Co. Ltd. (605003) holds total assets worth CN¥1.56 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.
ZhongWang Fabric Co. Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how ZhongWang Fabric Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ZhongWang Fabric Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
ZhongWang Fabric Co. Ltd.'s total assets of CN¥1.56 Billion consist of 34.4% current assets and 65.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.6% |
| Accounts Receivable | CN¥85.23 Million | 5.4% |
| Inventory | CN¥88.12 Million | 5.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥115.39 Million | 7.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how ZhongWang Fabric 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: ZhongWang Fabric Co. Ltd.'s current assets represent 34.4% of total assets in 2024, a decrease from 76.0% in 2016.
- Cash Position: Cash and equivalents constituted 21.6% of total assets in 2024, down from 41.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 7.3% of total assets.
ZhongWang Fabric Co. Ltd. Competitors by Total Assets
Key competitors of ZhongWang Fabric Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
ZhongWang Fabric 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
Lower asset utilization - ZhongWang Fabric Co. Ltd. generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, ZhongWang Fabric Co. Ltd. generates $5.06 in net profit.
ZhongWang Fabric 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 | 4.40 | 8.43 | 6.97 |
| Quick Ratio | 3.58 | 7.49 | 6.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥338.92 Million | CN¥ 674.96 Million | CN¥ 704.95 Million |
ZhongWang Fabric Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between ZhongWang Fabric 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 | 2.51 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | CN¥1.59 Billion |
| Market Capitalization | $112.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values ZhongWang Fabric Co. Ltd.'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ZhongWang Fabric Co. Ltd.'s assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ZhongWang Fabric Co. Ltd. (2016–2024)
The table below shows the annual total assets of ZhongWang Fabric Co. Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.59 Billion | +0.20% |
| 2023-12-31 | CN¥1.58 Billion | +26.34% |
| 2022-12-31 | CN¥1.25 Billion | +2.14% |
| 2021-12-31 | CN¥1.23 Billion | +11.16% |
| 2020-12-31 | CN¥1.10 Billion | +146.60% |
| 2019-12-31 | CN¥447.84 Million | +26.02% |
| 2018-12-31 | CN¥355.37 Million | +41.39% |
| 2017-12-31 | CN¥251.34 Million | -9.06% |
| 2016-12-31 | CN¥276.38 Million | -- |