Tang Palace (China) Holdings Limited
Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People's Republic of China. It operates restaurants under the Tang Palace Seafood Restaurant, Tang's Cuisine, Tang Palace, Social Place, Canton Tea Room, and Soup Delice brand names. The company is also involved in intangible asset holding; and retail and … Read more
Tang Palace (China) Holdings Limited (TNGPF) - Total Assets
Latest total assets as of December 2024: $760.43 Million USD
Based on the latest financial reports, Tang Palace (China) Holdings Limited (TNGPF) holds total assets worth $760.43 Million 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.
Tang Palace (China) Holdings Limited - Total Assets Trend (2010–2024)
This chart illustrates how Tang Palace (China) Holdings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tang Palace (China) Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Tang Palace (China) Holdings Limited's total assets of $760.43 Million consist of 54.2% current assets and 45.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 43.2% |
| Accounts Receivable | $36.04 Million | 4.7% |
| Inventory | $28.13 Million | 3.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Tang Palace (China) Holdings 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: Tang Palace (China) Holdings Limited's current assets represent 54.2% of total assets in 2024, a decrease from 57.8% in 2010.
- Cash Position: Cash and equivalents constituted 43.2% of total assets in 2024, down from 46.6% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 4.7% of total assets.
Tang Palace (China) Holdings Limited Competitors by Total Assets
Key competitors of Tang Palace (China) Holdings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT Puri Sentul Permai Tbk
JK:KDTN
|
Indonesia | Rp79.67 Billion |
|
Tasty Plc
LSE:TAST
|
UK | GBX28.84 Million |
|
XiAn Catering Co Ltd
SHE:000721
|
China | CN¥1.26 Billion |
|
China Quanjude Group Co Ltd
SHE:002186
|
China | CN¥1.54 Billion |
|
Cloud Live Technology Group Co Ltd
SHE:002306
|
China | CN¥759.24 Million |
|
YoungQin International Co
TWO:2755
|
Taiwan | NT$2.03 Billion |
|
Focus Dynamics Group Bhd
KLSE:0116
|
Malaysia | RM244.38 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
Malaysia | RM248.03 Million |
Tang Palace (China) Holdings 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
Strong asset utilization - Tang Palace (China) Holdings Limited generates 1.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tang Palace (China) Holdings Limited is currently not profitable relative to its asset base.
Tang Palace (China) Holdings 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 | 1.06 | 1.01 | 1.26 |
| Quick Ratio | 0.99 | 0.94 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $23.00 Million | $ 2.12 Million | $ 122.58 Million |
Tang Palace (China) Holdings Limited - Advanced Valuation Insights
This section examines the relationship between Tang Palace (China) Holdings 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 | 1.34 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | $760.43 Million |
| Market Capitalization | $12.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tang Palace (China) Holdings Limited's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tang Palace (China) Holdings Limited's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tang Palace (China) Holdings Limited (2010–2024)
The table below shows the annual total assets of Tang Palace (China) Holdings Limited from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $760.43 Million | -5.62% |
| 2023-12-31 | $805.74 Million | +6.99% |
| 2022-12-31 | $753.11 Million | -27.17% |
| 2021-12-31 | $1.03 Billion | -2.86% |
| 2020-12-31 | $1.06 Billion | -6.84% |
| 2019-12-31 | $1.14 Billion | +27.94% |
| 2018-12-31 | $893.06 Million | +0.38% |
| 2017-12-31 | $889.66 Million | +15.02% |
| 2016-12-31 | $773.46 Million | +10.59% |
| 2015-12-31 | $699.42 Million | +17.01% |
| 2014-12-31 | $597.74 Million | +14.42% |
| 2013-12-31 | $522.41 Million | +4.45% |
| 2012-12-31 | $500.16 Million | +9.83% |
| 2011-12-31 | $455.40 Million | +67.20% |
| 2010-12-31 | $272.37 Million | -- |