Tong Ren Tang Technologies Co. Ltd
Tong Ren Tang Technologies Co. Ltd., together with its subsidiaries, produces and distributes of Chinese medicine products in Mainland China and Hong Kong. It operates through The Company and Tong Ren Tang Chinese Medicine segments. The company also offers Chinese medicinal raw materials, ointments, foot care products, healthcare products, biological products, western medicine, cosmetics, tea dri… Read more
Tong Ren Tang Technologies Co. Ltd (TGRNF) - Total Assets
Latest total assets as of December 2024: $14.41 Billion USD
Based on the latest financial reports, Tong Ren Tang Technologies Co. Ltd (TGRNF) holds total assets worth $14.41 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.
Tong Ren Tang Technologies Co. Ltd - Total Assets Trend (1999–2024)
This chart illustrates how Tong Ren Tang Technologies Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tong Ren Tang Technologies Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tong Ren Tang Technologies Co. Ltd's total assets of $14.41 Billion consist of 75.2% current assets and 24.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.7% |
| Accounts Receivable | $1.10 Billion | 7.7% |
| Inventory | $5.17 Billion | 35.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $30.59 Million | 0.2% |
| Goodwill | $46.76 Million | 0.3% |
Asset Composition Trend (1999–2024)
This chart illustrates how Tong Ren Tang Technologies 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: Tong Ren Tang Technologies Co. Ltd's current assets represent 75.2% of total assets in 2024, an increase from 70.5% in 1999.
- Cash Position: Cash and equivalents constituted 28.7% of total assets in 2024, up from 7.1% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is inventory at 35.9% of total assets.
Tong Ren Tang Technologies Co. Ltd Competitors by Total Assets
Key competitors of Tong Ren Tang Technologies Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Int'L Group Co Ltd
SHE:000411
|
China | CN¥17.31 Billion |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
China | CN¥3.03 Billion |
|
Hunan Jingfeng Pharmaceutical
SHE:000908
|
China | CN¥877.99 Million |
|
Hubei Guangji Pharmaceutical Co Ltd
SHE:000952
|
China | CN¥2.58 Billion |
|
Zhejiang Haisen Pharmaceutical Co. Ltd. A
SHE:001367
|
China | CN¥1.52 Billion |
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
China | CN¥13.11 Billion |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
China | CN¥774.73 Million |
|
PharmGen Science Inc
KO:004720
|
Korea | ₩331.46 Billion |
Tong Ren Tang Technologies 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
Moderate asset utilization - Tong Ren Tang Technologies Co. Ltd generates 0.50x 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, Tong Ren Tang Technologies Co. Ltd generates $ 3.62 in net profit.
Tong Ren Tang Technologies 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 | 3.81 | 4.49 | 4.49 |
| Quick Ratio | 1.99 | 2.37 | 3.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.99 Billion | $ 7.82 Billion | $ 5.89 Billion |
Tong Ren Tang Technologies Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Tong Ren Tang Technologies 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 | 0.80 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | $14.41 Billion |
| Market Capitalization | $361.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tong Ren Tang Technologies Co. Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tong Ren Tang Technologies Co. Ltd's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tong Ren Tang Technologies Co. Ltd (1999–2024)
The table below shows the annual total assets of Tong Ren Tang Technologies Co. Ltd from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.41 Billion | +6.67% |
| 2023-12-31 | $13.51 Billion | +8.19% |
| 2022-12-31 | $12.48 Billion | +7.68% |
| 2021-12-31 | $11.59 Billion | +5.97% |
| 2020-12-31 | $10.94 Billion | +4.50% |
| 2019-12-31 | $10.47 Billion | +7.17% |
| 2018-12-31 | $9.77 Billion | +10.07% |
| 2017-12-31 | $8.88 Billion | +8.45% |
| 2016-12-31 | $8.18 Billion | +31.93% |
| 2015-12-31 | $6.20 Billion | +12.13% |
| 2014-12-31 | $5.53 Billion | +7.46% |
| 2013-12-31 | $5.15 Billion | +62.46% |
| 2012-12-31 | $3.17 Billion | +12.46% |
| 2011-12-31 | $2.82 Billion | +29.55% |
| 2010-12-31 | $2.18 Billion | +15.15% |
| 2009-12-31 | $1.89 Billion | +5.23% |
| 2008-12-31 | $1.80 Billion | +2.72% |
| 2007-12-31 | $1.75 Billion | +16.50% |
| 2006-12-31 | $1.50 Billion | +3.45% |
| 2005-12-31 | $1.45 Billion | +15.42% |
| 2004-12-31 | $1.26 Billion | +39.82% |
| 2003-12-31 | $898.51 Million | +13.40% |
| 2002-12-31 | $792.32 Million | +28.24% |
| 2001-12-31 | $617.86 Million | +19.37% |
| 2000-12-31 | $517.60 Million | +131.66% |
| 1999-12-31 | $223.43 Million | -- |