China Tungsten and Hightech Materials Co Ltd (000657) - Total Assets
Based on the latest financial reports, China Tungsten and Hightech Materials Co Ltd (000657) holds total assets worth CN¥20.78 Billion CNY (≈ $3.04 Billion USD) as of September 2025. 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. See 000657 total equity for net asset value and shareholders' equity analysis.
China Tungsten and Hightech Materials Co Ltd - Total Assets Trend (1993–2024)
This chart illustrates how China Tungsten and Hightech Materials Co Ltd's total assets have evolved over time, based on quarterly financial data.
China Tungsten and Hightech Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
China Tungsten and Hightech Materials Co Ltd's total assets of CN¥20.78 Billion consist of 58.9% current assets and 41.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.7% |
| Accounts Receivable | CN¥4.65 Billion | 26.7% |
| Inventory | CN¥3.75 Billion | 21.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥921.99 Million | 5.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how China Tungsten and Hightech Materials 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. For live market cap, price, and company overview, see China Tungsten and Hightech Materials Co stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Tungsten and Hightech Materials Co Ltd's current assets represent 58.9% of total assets in 2024, a decrease from 77.3% in 1993.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, up from 0.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 26.7% of total assets.
China Tungsten and Hightech Materials Co Ltd Competitors by Total Assets
Key competitors of China Tungsten and Hightech Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Vale S.A
F:CVLB
|
Germany | €86.53 Billion |
|
Xiamen Tungsten Co Ltd
SHG:600549
|
China | CN¥50.37 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Mineral Resources Ltd
AU:MIN
|
Australia | AU$11.93 Billion |
|
Sinomine Resource Exploration Co Ltd
SHE:002738
|
China | CN¥18.19 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
China Tungsten and Hightech Materials 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 | 1.67 | 1.58 | 1.89 |
| Quick Ratio | 1.16 | 0.99 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.32 Billion | CN¥3.43 Billion | CN¥2.49 Billion |
China Tungsten and Hightech Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Tungsten and Hightech Materials 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 | 14.38 |
| Latest Market Cap to Assets Ratio | 1.16 |
| Asset Growth Rate (YoY) | 34.2% |
| Total Assets | CN¥17.42 Billion |
| Market Capitalization | $20.16 Billion USD |
Valuation Analysis
Above Book Valuation: The market values China Tungsten and Hightech Materials Co Ltd's assets above their book value (1.16x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: China Tungsten and Hightech Materials Co Ltd's assets grew by 34.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Tungsten and Hightech Materials Co Ltd (1993–2024)
The table below shows the annual total assets of China Tungsten and Hightech Materials Co Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.42 Billion ≈ $2.55 Billion |
+34.22% |
| 2023-12-31 | CN¥12.98 Billion ≈ $1.90 Billion |
+11.10% |
| 2022-12-31 | CN¥11.68 Billion ≈ $1.71 Billion |
+18.96% |
| 2021-12-31 | CN¥9.82 Billion ≈ $1.44 Billion |
+6.68% |
| 2020-12-31 | CN¥9.20 Billion ≈ $1.35 Billion |
+25.80% |
| 2019-12-31 | CN¥7.32 Billion ≈ $1.07 Billion |
-1.63% |
| 2018-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
+0.27% |
| 2017-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+7.79% |
| 2016-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+0.73% |
| 2015-12-31 | CN¥6.83 Billion ≈ $999.45 Million |
-12.64% |
| 2014-12-31 | CN¥7.82 Billion ≈ $1.14 Billion |
-18.72% |
| 2013-12-31 | CN¥9.62 Billion ≈ $1.41 Billion |
+2498.46% |
| 2012-12-31 | CN¥370.17 Million ≈ $54.17 Million |
-5.91% |
| 2011-12-31 | CN¥393.42 Million ≈ $57.57 Million |
+4.96% |
| 2010-12-31 | CN¥374.84 Million ≈ $54.85 Million |
-18.25% |
| 2009-12-31 | CN¥458.55 Million ≈ $67.10 Million |
+2.79% |
| 2008-12-31 | CN¥446.09 Million ≈ $65.28 Million |
-49.83% |
| 2007-12-31 | CN¥889.18 Million ≈ $130.11 Million |
-16.97% |
| 2006-12-31 | CN¥1.07 Billion ≈ $156.71 Million |
-17.15% |
| 2005-12-31 | CN¥1.29 Billion ≈ $189.14 Million |
-1.98% |
| 2004-12-31 | CN¥1.32 Billion ≈ $192.96 Million |
+22.25% |
| 2003-12-31 | CN¥1.08 Billion ≈ $157.85 Million |
+8.37% |
| 2002-12-31 | CN¥995.42 Million ≈ $145.66 Million |
-2.06% |
| 2001-12-31 | CN¥1.02 Billion ≈ $148.73 Million |
+9.59% |
| 2000-12-31 | CN¥927.48 Million ≈ $135.72 Million |
+5.20% |
| 1999-12-31 | CN¥881.62 Million ≈ $129.01 Million |
+71.45% |
| 1998-12-31 | CN¥514.20 Million ≈ $75.24 Million |
+22.96% |
| 1997-12-31 | CN¥418.20 Million ≈ $61.20 Million |
+16.51% |
| 1996-12-31 | CN¥358.93 Million ≈ $52.52 Million |
+77.96% |
| 1995-12-31 | CN¥201.70 Million ≈ $29.51 Million |
+10.01% |
| 1994-12-31 | CN¥183.34 Million ≈ $26.83 Million |
+65.38% |
| 1993-12-31 | CN¥110.86 Million ≈ $16.22 Million |
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About China Tungsten and Hightech Materials Co Ltd
China Tungsten And Hightech Materials Co.,Ltd researches, develops, produces, sells, and trades in nonferrous metals in China. The company's products include cutting tools and tools, including solid cutting tools, CNC cutting tools, cutting CNC and traditional blades, and it tools; other cemented carbides, including bars, mining alloys, rolls, top hammers, special-shaped parts, precision parts, t… Read more