Lao Feng Xiang Co Ltd B
Lao Feng Xiang Co., Ltd. operates in the jewelry industry in the People's Republic of China and internationally. The company researches, designs, produces, and sells gold, silver, platinum, diamonds, white jade, jadeite, pearls, gold inlays, colored gemstones, enamel, K gold jewelry glass, corals, watches, amber, brooches, arts and crafts souvenirs. The company was formerly known as China First P… Read more
Lao Feng Xiang Co Ltd B (900905) - Total Assets
Latest total assets as of June 2025: $23.92 Billion USD
Based on the latest financial reports, Lao Feng Xiang Co Ltd B (900905) holds total assets worth $23.92 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.
Lao Feng Xiang Co Ltd B - Total Assets Trend (2015–2024)
This chart illustrates how Lao Feng Xiang Co Ltd B’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lao Feng Xiang Co Ltd B - Asset Composition Analysis
Current Asset Composition (December 2024)
Lao Feng Xiang Co Ltd B's total assets of $23.92 Billion consist of 94.7% current assets and 5.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.9% |
| Accounts Receivable | $241.65 Million | 1.1% |
| Inventory | $11.82 Billion | 52.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $48.73 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Lao Feng Xiang Co Ltd B'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: Lao Feng Xiang Co Ltd B's current assets represent 94.7% of total assets in 2024, an increase from 89.4% in 2015.
- Cash Position: Cash and equivalents constituted 35.9% of total assets in 2024, down from 40.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 52.0% of total assets.
Lao Feng Xiang Co Ltd B Competitors by Total Assets
Key competitors of Lao Feng Xiang Co Ltd B based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LVMH Moët Hennessy - Louis Vuitton Société Européenne
PINK:LVMHF
|
USA | $141.98 Billion |
|
Shenzhen Tellus Holding Co Ltd
SHE:000025
|
China | CN¥2.65 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
China | CN¥2.18 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥6.34 Billion |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
China | CN¥7.03 Billion |
|
Beijing Kingee Culture Development Co Ltd
SHE:002721
|
China | CN¥2.60 Billion |
|
Shenyang Cuihua Gold and Silver Jewelry Co Ltd
SHE:002731
|
China | CN¥6.26 Billion |
|
Chow Tai Seng Jewellery Co Ltd
SHE:002867
|
China | CN¥8.19 Billion |
Lao Feng Xiang Co Ltd B - 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
Strong asset utilization - Lao Feng Xiang Co Ltd B generates 2.50x 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, Lao Feng Xiang Co Ltd B generates $8.58 in net profit.
Lao Feng Xiang Co Ltd B - 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 | 2.66 | 2.16 | 2.02 |
| Quick Ratio | 1.81 | 1.54 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $14.12 Billion | $ 13.16 Billion | $ 9.42 Billion |
Lao Feng Xiang Co Ltd B - Advanced Valuation Insights
This section examines the relationship between Lao Feng Xiang Co Ltd B'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 | 0.96 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | $22.73 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Lao Feng Xiang Co Ltd B's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lao Feng Xiang Co Ltd B's assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lao Feng Xiang Co Ltd B (2015–2024)
The table below shows the annual total assets of Lao Feng Xiang Co Ltd B from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $22.73 Billion | -6.59% |
| 2023-12-31 | $24.33 Billion | -6.43% |
| 2022-12-31 | $26.00 Billion | +16.75% |
| 2021-12-31 | $22.27 Billion | +13.86% |
| 2020-12-31 | $19.56 Billion | +13.87% |
| 2019-12-31 | $17.18 Billion | +10.94% |
| 2018-12-31 | $15.49 Billion | +15.36% |
| 2017-12-31 | $13.42 Billion | -4.50% |
| 2016-12-31 | $14.06 Billion | +21.59% |
| 2015-12-31 | $11.56 Billion | -- |