Tongxin International Ltd
Tongxin International Ltd., through its subsidiary, Hunan Tongxin Enterprise Co Ltd., designs, manufactures, assembles, and sells engineered vehicle body structures (EVBS) in China. It supplies small, light, medium, and heavy truck EVBS covering cab forward and cab over engine layouts. The company also designs, fabricates, and tests dies and molds used in the vehicle body structure manufacturing … Read more
Tongxin International Ltd (TXIC) - Total Assets
Latest total assets as of December 2014: $116.06 Million USD
Based on the latest financial reports, Tongxin International Ltd (TXIC) holds total assets worth $116.06 Million USD as of December 2014.
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.
Tongxin International Ltd - Total Assets Trend (2005–2014)
This chart illustrates how Tongxin International Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongxin International Ltd - Asset Composition Analysis
Current Asset Composition (December 2014)
Tongxin International Ltd's total assets of $116.06 Million consist of 47.6% current assets and 52.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $20.53 Million | 17.7% |
| Inventory | $28.48 Million | 24.5% |
| Property, Plant & Equipment | $46.95 Million | 40.5% |
| Intangible Assets | $13.92 Million | 12.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2014)
This chart illustrates how Tongxin International 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: Tongxin International Ltd's current assets represent 47.6% of total assets in 2014, a decrease from 60.8% in 2005.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2014, down from 2.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 3.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 40.5% of total assets.
Tongxin International Ltd Competitors by Total Assets
Key competitors of Tongxin International Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Tongxin International 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 - Tongxin International Ltd generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tongxin International Ltd is currently not profitable relative to its asset base.
Tongxin International 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 | 0.77 | 1.08 | 0.89 |
| Quick Ratio | 0.38 | 0.80 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.20 Million | $ 6.98 Million | $ -5.54 Million |
Tongxin International Ltd - Advanced Valuation Insights
This section examines the relationship between Tongxin International 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.0% |
| Total Assets | $116.06 Million |
| Market Capitalization | $1.34K USD |
Valuation Analysis
Below Book Valuation: The market values Tongxin International Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tongxin International Ltd's assets decreased by 7.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tongxin International Ltd (2005–2014)
The table below shows the annual total assets of Tongxin International Ltd from 2005 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $116.06 Million | -7.02% |
| 2013-12-31 | $124.83 Million | +6.06% |
| 2012-12-31 | $117.70 Million | -7.95% |
| 2011-12-31 | $127.87 Million | -22.54% |
| 2010-12-31 | $165.08 Million | +0.21% |
| 2009-12-31 | $164.73 Million | +4.14% |
| 2008-12-31 | $158.18 Million | +76.58% |
| 2007-12-31 | $89.58 Million | +36.77% |
| 2006-12-31 | $65.49 Million | +30.47% |
| 2005-12-31 | $50.20 Million | -- |