Towngas China Company Limited
Towngas Smart Energy Company Limited, an investment holding company, sells piped gas, renewable energy, and other types of energy in the People's Republic of China. The company operates through Sales of Piped Gas Business; Gas Connection; Renewable Energy Business; and Extended Business. It engages in the construction of gas pipelines; provision of photovoltaic power, and other related energy and… Read more
Towngas China Company Limited (TGASF) - Total Assets
Latest total assets as of December 2024: $53.04 Billion USD
Based on the latest financial reports, Towngas China Company Limited (TGASF) holds total assets worth $53.04 Billion USD 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.
Towngas China Company Limited - Total Assets Trend (2000–2024)
This chart illustrates how Towngas China Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Towngas China Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Towngas China Company Limited's total assets of $53.04 Billion consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $3.96 Billion | 7.5% |
| Inventory | $576.15 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $355.42 Million | 0.7% |
| Goodwill | $4.63 Billion | 8.7% |
Asset Composition Trend (2000–2024)
This chart illustrates how Towngas China 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Towngas China Company Limited's current assets represent 16.8% of total assets in 2024, a decrease from 54.5% in 2000.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 43.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 8.7% of total assets.
Towngas China Company Limited Competitors by Total Assets
Key competitors of Towngas China Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
Towngas China Company Limited - 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 - Towngas China Company Limited generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Towngas China Company Limited generates $ 3.03 in net profit.
Towngas China 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 | 0.61 | 0.55 | 0.49 |
| Quick Ratio | 0.58 | 0.51 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.60 Billion | $ -6.56 Billion | $ -5.11 Billion |
Towngas China Company Limited - Advanced Valuation Insights
This section examines the relationship between Towngas China 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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | $53.04 Billion |
| Market Capitalization | $432.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Towngas China Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Towngas China Company Limited's assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Towngas China Company Limited (2000–2024)
The table below shows the annual total assets of Towngas China Company Limited from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $53.04 Billion | -0.79% |
| 2023-12-31 | $53.46 Billion | +0.98% |
| 2022-12-31 | $52.94 Billion | -2.38% |
| 2021-12-31 | $54.24 Billion | +26.45% |
| 2020-12-31 | $42.89 Billion | +12.30% |
| 2019-12-31 | $38.19 Billion | +12.29% |
| 2018-12-31 | $34.01 Billion | +3.78% |
| 2017-12-31 | $32.77 Billion | +16.94% |
| 2016-12-31 | $28.03 Billion | -2.92% |
| 2015-12-31 | $28.87 Billion | +5.56% |
| 2014-12-31 | $27.35 Billion | +6.72% |
| 2013-12-31 | $25.63 Billion | +20.58% |
| 2012-12-31 | $21.26 Billion | +16.89% |
| 2011-12-31 | $18.18 Billion | +22.18% |
| 2010-12-31 | $14.88 Billion | +31.35% |
| 2009-12-31 | $11.33 Billion | +9.09% |
| 2008-12-31 | $10.39 Billion | +13.95% |
| 2007-12-31 | $9.12 Billion | +90.83% |
| 2006-12-31 | $4.78 Billion | -2.95% |
| 2005-12-31 | $4.92 Billion | +24.95% |
| 2004-12-31 | $3.94 Billion | +174.29% |
| 2003-12-31 | $1.44 Billion | +95.23% |
| 2002-12-31 | $735.54 Million | +38.79% |
| 2001-12-31 | $529.97 Million | +48.86% |
| 2000-12-31 | $356.03 Million | -- |