Tancheng Group Co., Ltd.
Tancheng Group Co., Ltd. engages in the sale of self-designed ornament and adornment products through its online store in the People's Republic of China. The company offers Jue Cheng ornament, Chinese twelve zodiac pendants, and master Hongyi's heart sutra products. The company was formerly known as Bigeon and changed its name to Tancheng Group Co., Ltd. in October 2022. The company was incorpora… Read more
Tancheng Group Co., Ltd. (QSJC) - Total Assets
Latest total assets as of September 2025: $1.52 Million USD
Based on the latest financial reports, Tancheng Group Co., Ltd. (QSJC) holds total assets worth $1.52 Million USD as of September 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.
Tancheng Group Co., Ltd. - Total Assets Trend (2022–2024)
This chart illustrates how Tancheng Group Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tancheng Group Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tancheng Group Co., Ltd.'s total assets of $1.52 Million consist of 94.0% current assets and 6.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $1.30 Million | 82.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Tancheng 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: Tancheng Group Co., Ltd.'s current assets represent 94.0% of total assets in 2024, a decrease from 100.0% in 2022.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2024, up from 2.9% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 82.8% of total assets.
Tancheng Group Co., Ltd. Competitors by Total Assets
Key competitors of Tancheng Group Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
Tancheng 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
Lower asset utilization - Tancheng Group Co., Ltd. generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tancheng Group Co., Ltd. is currently not profitable relative to its asset base.
Tancheng 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 | 0.44 | 0.49 | 0.74 |
| Quick Ratio | 0.02 | 0.08 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.84 Million | $ -1.57 Million | $ -1.17 Million |
Tancheng Group Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Tancheng 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 | - |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -55.1% |
| Total Assets | $1.57 Million |
| Market Capitalization | $657.23K USD |
Valuation Analysis
Below Book Valuation: The market values Tancheng Group Co., Ltd.'s assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tancheng Group Co., Ltd.'s assets decreased by 55.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tancheng Group Co., Ltd. (2022–2024)
The table below shows the annual total assets of Tancheng Group Co., Ltd. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.57 Million | -55.05% |
| 2023-12-31 | $3.50 Million | +42.16% |
| 2022-12-31 | $2.46 Million | -- |