Zhejiang Sunrise Garment Group Co Ltd Total Assets

Latest as of June 2025: CN¥6.87 Billion CNY ≈ $1.00 Billion USD

Zhejiang Sunrise Garment Group Co Ltd total assets. Based on the latest financial reports, Zhejiang Sunrise Garment Group Co Ltd (605138) holds total assets worth CN¥6.87 Billion CNY (≈ $1.00 Billion USD) 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. Also see Zhejiang Sunrise Garment Group Co Ltd (605138) market capitalisation for the company's overall valuation and market capitalisation.

Total Assets of Zhejiang Sunrise Garment Group Co Ltd (2017–2024)

Total assets of Zhejiang Sunrise Garment Group Co Ltd from 2017 to 2024. This chart illustrates how Zhejiang Sunrise Garment Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See Zhejiang Sunrise Garment Group Co Ltd stock price for real-time trading data and today's change.

Zhejiang Sunrise Garment Group Co Ltd - Asset Composition Analysis

Zhejiang Sunrise Garment Group Co Ltd Total Assets Breakdown (December 2024)

Zhejiang Sunrise Garment Group Co Ltd total assets breakdown as of 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. Explore Zhejiang Sunrise Garment Group Co Ltd short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.

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
HMT(Xiamen)New Technical
SHG:603306
China CN¥5.86 Billion
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
China CN¥17.79 Billion
Jiangsu Jujie Microfiber Technology
SHE:300819
China CN¥1.04 Billion
Hongda High-Tech Holding Co Ltd
SHE:002144
China CN¥2.32 Billion
Indo Rama Synthetics (India) Limited
NSE:INDORAMA
India Rs32.44 Billion
Indo Kordsa Tbk
JK:BRAM
Indonesia Rp281.13 Million
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
Turkey TL16.75 Billion
Nahar Industrial Enterprises Limited
NSE:NAHARINDUS
India Rs17.01 Billion

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 0.07
Asset Growth Rate (YoY) -10.7%
Total Assets CN¥6.58 Billion
Market Capitalization $430.06 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Sunrise Garment Group Co Ltd's assets below their book value (0.07x), 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
≈ $962.38 Million
-10.66%
2023-12-31 CN¥7.36 Billion
≈ $1.08 Billion
+0.27%
2022-12-31 CN¥7.34 Billion
≈ $1.07 Billion
+22.84%
2021-12-31 CN¥5.98 Billion
≈ $874.60 Million
+23.98%
2020-12-31 CN¥4.82 Billion
≈ $705.46 Million
-0.62%
2019-12-31 CN¥4.85 Billion
≈ $709.84 Million
+2.65%
2018-12-31 CN¥4.73 Billion
≈ $691.48 Million
+14.05%
2017-12-31 CN¥4.14 Billion
≈ $606.28 Million
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About Zhejiang Sunrise Garment Group Co Ltd

SHG:605138 China Textile Manufacturing
Market Cap
$430.06 Million
CN¥2.94 Billion CNY
Market Cap Rank
#12665 Global
#3638 in China
Share Price
CN¥5.29
Change (1 day)
-2.40%
52-Week Range
CN¥5.07 - CN¥8.66
All Time High
CN¥15.20
About

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