TANAF
Tian'an Technology Group Ltd., through its subsidiaries, engages in the research, development, and production of graphene products for the health therapy industry in China. The company offers graphene far infrared energy rooms, pure graphene heating music blankets, graphene pillows, pure graphene heating knee compartments, pure graphene heating knee pads, suspension moxibustion instrument, and pu… Read more
TANAF (TANAF) - Total Assets
Latest total assets as of June 2025: $766.79K USD
Based on the latest financial reports, TANAF (TANAF) holds total assets worth $766.79K 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.
TANAF - Total Assets Trend (2021–2024)
This chart illustrates how TANAF’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TANAF - Asset Composition Analysis
Current Asset Composition (December 2024)
TANAF's total assets of $766.79K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.0% |
| Accounts Receivable | $90.90K | 8.9% |
| Inventory | $2.42K | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how TANAF'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: TANAF's current assets represent 100.0% of total assets in 2024, an increase from 79.5% in 2021.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2024, up from 0.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 8.9% of total assets.
TANAF Competitors by Total Assets
Key competitors of TANAF based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
TANAF - 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 - TANAF generates 1.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, TANAF generates $ 44.32 in net profit.
TANAF - 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 | 1.06 | 0.20 | 0.20 |
| Quick Ratio | 1.02 | 0.20 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $40.46K | $ -538.71K | $ -307.50K |
TANAF - Advanced Valuation Insights
This section examines the relationship between TANAF'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 | 4499.72 |
| Latest Market Cap to Assets Ratio | 59.99 |
| Asset Growth Rate (YoY) | 478.7% |
| Total Assets | $1.03 Million |
| Market Capitalization | $61.53 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values TANAF's assets at a significant premium ( 59.99x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: TANAF's assets grew by 478.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TANAF (2021–2024)
The table below shows the annual total assets of TANAF from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.03 Million | +478.70% |
| 2023-12-31 | $177.23K | +137.25% |
| 2022-12-31 | $74.70K | -4.80% |
| 2021-12-31 | $78.47K | -- |