Technology General Corporation
Technology General Corporation engages in the manufacture of deep-drawn metal-formed products, and ice crushing and shaving equipment; manufacture and distribution of spray coating and industrial mixer systems; and sale of its products to various users primarily in the United States. It operates in three divisions: Precision Metalform, Eclipse Systems, and Clawson Machine. The Precision Metalform… Read more
Technology General Corporation (TCGN) - Total Assets
Latest total assets as of March 2006: $2.34 Million USD
Based on the latest financial reports, Technology General Corporation (TCGN) holds total assets worth $2.34 Million USD as of March 2006.
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.
Technology General Corporation - Total Assets Trend (2000–2006)
This chart illustrates how Technology General Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Technology General Corporation - Asset Composition Analysis
Current Asset Composition (March 2006)
Technology General Corporation's total assets of $2.34 Million consist of 28.9% current assets and 71.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.0% |
| Accounts Receivable | $218.89K | 9.4% |
| Inventory | $268.69K | 11.5% |
| Property, Plant & Equipment | $1.61 Million | 68.9% |
| Intangible Assets | $5.14K | 0.2% |
| Goodwill | $6.41K | 0.3% |
Asset Composition Trend (2000–2006)
This chart illustrates how Technology General Corporation'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: Technology General Corporation's current assets represent 28.9% of total assets in 2006, a decrease from 38.4% in 2000.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2006, down from 11.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 68.9% of total assets.
Technology General Corporation Competitors by Total Assets
Key competitors of Technology General Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Technology General Corporation - 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 - Technology General Corporation generates 0.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Technology General Corporation is currently not profitable relative to its asset base.
Technology General Corporation - 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 | 1.66 | 2.13 | 2.31 |
| Quick Ratio | 1.00 | 1.38 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $270.33K | $ 364.64K | $ 594.23K |
Technology General Corporation - Advanced Valuation Insights
This section examines the relationship between Technology General Corporation'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 | 0.00 |
| Asset Growth Rate (YoY) | -6.7% |
| Total Assets | $2.34 Million |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values Technology General Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Technology General Corporation's assets decreased by 6.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Technology General Corporation (2000–2006)
The table below shows the annual total assets of Technology General Corporation from 2000 to 2006.
| Year | Total Assets | Change |
|---|---|---|
| 2006-03-31 | $2.34 Million | -6.65% |
| 2005-03-31 | $2.51 Million | +1.35% |
| 2004-03-31 | $2.48 Million | -8.31% |
| 2003-03-31 | $2.70 Million | -5.02% |
| 2002-03-31 | $2.84 Million | -13.83% |
| 2001-03-31 | $3.30 Million | -18.22% |
| 2000-03-31 | $4.03 Million | -- |