Tiangong International Company Limited (34T1) - Total Assets
Based on the latest financial reports, Tiangong International Company Limited (34T1) holds total assets worth €13.77 Billion EUR (≈ $16.10 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. Check 34T1 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Tiangong International Company Limited - Total Assets Trend (2013–2024)
This chart illustrates how Tiangong International Company Limited's total assets have evolved over time, based on quarterly financial data. Explore Tiangong International Company Limited (34T1) long-term investment share to see how much of total assets are deployed in long-term investments.
Tiangong International Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Tiangong International Company Limited's total assets of €13.77 Billion consist of 59.7% current assets and 40.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 8.1% |
| Accounts Receivable | €2.08 Billion | 15.7% |
| Inventory | €2.52 Billion | 19.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €298.94 Million | 2.3% |
| Goodwill | €144.60 Million | 1.1% |
Asset Composition Trend (2013–2024)
This chart illustrates how Tiangong International Company Limited'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 34T1 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tiangong International Company Limited's current assets represent 59.7% of total assets in 2024, a decrease from 63.2% in 2013.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 1.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 19.0% of total assets.
Tiangong International Company Limited Competitors by Total Assets
Key competitors of Tiangong International Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL
|
India | Rs3.01 Trillion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318
|
China | CN¥13.73 Billion |
|
Hyundai Steel
KO:004020
|
Korea | ₩34.44 Trillion |
|
Feng Hsin Steel Co Ltd
TW:2015
|
Taiwan | NT$24.78 Billion |
|
Hang Xiao Steel Structure Co Ltd
SHG:600477
|
China | CN¥15.49 Billion |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
China | CN¥15.33 Billion |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
China | CN¥8.40 Billion |
Tiangong International Company Limited - 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 | 1.99 | 1.54 | 1.43 |
| Quick Ratio | 1.39 | 1.06 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €4.24 Billion | €2.85 Billion | €1.84 Billion |
Tiangong International Company Limited - Advanced Valuation Insights
This section examines the relationship between Tiangong International Company Limited'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 | 1.11 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | €13.29 Billion |
| Market Capitalization | $1.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tiangong International Company Limited's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Tiangong International Company Limited's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Tiangong International Company Limited (2013–2024)
The table below shows the annual total assets of Tiangong International Company Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €13.29 Billion ≈ $15.53 Billion |
-2.03% |
| 2023-12-31 | €13.56 Billion ≈ $15.85 Billion |
+1.48% |
| 2022-12-31 | €13.36 Billion ≈ $15.62 Billion |
+6.36% |
| 2021-12-31 | €12.56 Billion ≈ $14.69 Billion |
+12.20% |
| 2020-12-31 | €11.20 Billion ≈ $13.09 Billion |
+9.61% |
| 2019-12-31 | €10.22 Billion ≈ $11.94 Billion |
+1.79% |
| 2018-12-31 | €10.04 Billion ≈ $11.73 Billion |
+15.31% |
| 2017-12-31 | €8.70 Billion ≈ $10.18 Billion |
+4.92% |
| 2016-12-31 | €8.30 Billion ≈ $9.70 Billion |
-1.05% |
| 2015-12-31 | €8.38 Billion ≈ $9.80 Billion |
+0.23% |
| 2014-12-31 | €8.36 Billion ≈ $9.78 Billion |
+16.82% |
| 2013-12-31 | €7.16 Billion ≈ $8.37 Billion |
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About Tiangong International Company Limited
Tiangong International Company Limited, together with its subsidiaries, manufactures and sells alloy steel, cutting tools, titanium alloys, and related products. The company is involved in the trading of goods and special steel; provision of investment management and advisory related services; processes and sells electric tool sets; manufacturing and selling of die steel and high-speed steel; and… Read more