Zhejiang Sunrise Garment Group Co Ltd
Sunrise Manufacture Group Co., Ltd. engages in the production and sale of textile fabrics and garments in China, Vietnam, Cambodia, and internationally. The company operates through Yarn, Fabric, Garment, and Others segment. It produces and sells knitted garments, woven garments, knitted fabrics, woven fabrics, and yarns. The company also engages in the cotton planting, spinning, fabrics, dyeing … Read more
Zhejiang Sunrise Garment Group Co Ltd (605138) - Total Assets
Latest total assets as of June 2025: CN¥6.87 Billion CNY
Based on the latest financial reports, Zhejiang Sunrise Garment Group Co Ltd (605138) holds total assets worth CN¥6.87 Billion CNY as of June 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 Sunrise Garment Group Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Zhejiang Sunrise Garment Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Sunrise Garment Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Sunrise Garment Group Co Ltd's total assets of CN¥6.87 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.2% |
| Accounts Receivable | CN¥423.50 Million | 6.4% |
| Inventory | CN¥917.92 Million | 14.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥816.81 Million | 12.4% |
| Goodwill | CN¥59.64 Million | 0.9% |
Asset Composition Trend (2017–2024)
This chart illustrates how Zhejiang Sunrise Garment 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Sunrise Garment Group Co Ltd's current assets represent 32.3% of total assets in 2024, a decrease from 52.6% in 2017.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, up from 4.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 14.0% of total assets.
Zhejiang Sunrise Garment Group Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Sunrise Garment Group 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 |
Zhejiang Sunrise Garment Group 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 - Zhejiang Sunrise Garment Group Co Ltd generates 0.56x 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 Sunrise Garment Group Co Ltd generates $ 0.71 in net profit.
Zhejiang Sunrise Garment 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 | 1.07 | 0.94 | 0.65 |
| Quick Ratio | 0.73 | 0.60 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥145.23 Million | CN¥ -147.36 Million | CN¥ -1.13 Billion |
Zhejiang Sunrise Garment Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Sunrise Garment 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 | 1.62 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | CN¥6.58 Billion |
| Market Capitalization | $102.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Sunrise Garment Group Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zhejiang Sunrise Garment Group Co Ltd's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zhejiang Sunrise Garment Group Co Ltd (2017–2024)
The table below shows the annual total assets of Zhejiang Sunrise Garment Group Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.58 Billion | -10.66% |
| 2023-12-31 | CN¥7.36 Billion | +0.27% |
| 2022-12-31 | CN¥7.34 Billion | +22.84% |
| 2021-12-31 | CN¥5.98 Billion | +23.98% |
| 2020-12-31 | CN¥4.82 Billion | -0.62% |
| 2019-12-31 | CN¥4.85 Billion | +2.65% |
| 2018-12-31 | CN¥4.73 Billion | +14.05% |
| 2017-12-31 | CN¥4.14 Billion | -- |