TONGDA GRP HLDGS
Tongda Group Holdings Limited, an investment holding company, provides high-precision structural components for smart mobile communications and consumer electronic products in the People's Republic of China, Hong Kong, Macau, the Asia Pacific, the United States, Europe, and internationally. It operates through two segments, Consumer Electronics Structural Components; and Household and Sports Good… Read more
TONGDA GRP HLDGS (TJC) - Total Assets
Latest total assets as of December 2024: €7.15 Billion EUR
Based on the latest financial reports, TONGDA GRP HLDGS (TJC) holds total assets worth €7.15 Billion EUR as of December 2024.
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.
TONGDA GRP HLDGS - Total Assets Trend (2016–2024)
This chart illustrates how TONGDA GRP HLDGS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TONGDA GRP HLDGS - Asset Composition Analysis
Current Asset Composition (December 2024)
TONGDA GRP HLDGS's total assets of €7.15 Billion consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.8% |
| Accounts Receivable | €1.49 Billion | 20.8% |
| Inventory | €713.84 Million | 10.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how TONGDA GRP HLDGS'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: TONGDA GRP HLDGS's current assets represent 62.0% of total assets in 2024, a decrease from 63.4% in 2016.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2024, up from 8.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 20.8% of total assets.
TONGDA GRP HLDGS Competitors by Total Assets
Key competitors of TONGDA GRP HLDGS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
TONGDA GRP HLDGS - 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 - TONGDA GRP HLDGS generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TONGDA GRP HLDGS is currently not profitable relative to its asset base.
TONGDA GRP HLDGS - 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 | 1.21 | 1.58 | 1.18 |
| Quick Ratio | 1.02 | 1.33 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €777.32 Million | € 2.96 Billion | € 1.12 Billion |
TONGDA GRP HLDGS - Advanced Valuation Insights
This section examines the relationship between TONGDA GRP HLDGS'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 | 0.30 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -46.2% |
| Total Assets | €7.15 Billion |
| Market Capitalization | $2.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values TONGDA GRP HLDGS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TONGDA GRP HLDGS's assets decreased by 46.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TONGDA GRP HLDGS (2016–2024)
The table below shows the annual total assets of TONGDA GRP HLDGS from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €7.15 Billion | -46.22% |
| 2023-12-31 | €13.30 Billion | -6.51% |
| 2022-12-31 | €14.23 Billion | -15.08% |
| 2021-12-31 | €16.76 Billion | +17.17% |
| 2020-12-31 | €14.30 Billion | +5.35% |
| 2019-12-31 | €13.57 Billion | -0.50% |
| 2018-12-31 | €13.64 Billion | +0.14% |
| 2017-12-31 | €13.62 Billion | +28.65% |
| 2016-12-31 | €10.59 Billion | -- |