Tongda Smart Tech (Xiamen) Co. Ltd. A
Tongda Smart Tech (Xiamen) Co., Ltd. offers consumer products for sports and outdoor, home life, health care, and other fields. It provides skipping ropes, silicone sports bottles, skates, sports skates, scooters, badminton racket sets, balance piles, archery target components, boxing, barbell clip accessories, etc.; transparent, rotating, straw and multi-color bottle caps, etc. The company also … Read more
Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) - Total Assets
Latest total assets as of June 2025: CN¥1.73 Billion CNY
Based on the latest financial reports, Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) holds total assets worth CN¥1.73 Billion CNY as of June 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.
Tongda Smart Tech (Xiamen) Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Tongda Smart Tech (Xiamen) Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongda Smart Tech (Xiamen) Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongda Smart Tech (Xiamen) Co. Ltd. A's total assets of CN¥1.73 Billion consist of 55.2% current assets and 44.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.0% |
| Accounts Receivable | CN¥182.02 Million | 10.6% |
| Inventory | CN¥165.41 Million | 9.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥53.50 Million | 3.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Tongda Smart Tech (Xiamen) Co. Ltd. A'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: Tongda Smart Tech (Xiamen) Co. Ltd. A's current assets represent 55.2% of total assets in 2024, an increase from 52.3% in 2021.
- Cash Position: Cash and equivalents constituted 14.0% of total assets in 2024, down from 14.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 10.6% of total assets.
Tongda Smart Tech (Xiamen) Co. Ltd. A Competitors by Total Assets
Key competitors of Tongda Smart Tech (Xiamen) Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
|
Elec-Tech International Co Ltd
SHE:002005
|
China | CN¥1.21 Billion |
Tongda Smart Tech (Xiamen) Co. Ltd. A - 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 - Tongda Smart Tech (Xiamen) Co. Ltd. A generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Tongda Smart Tech (Xiamen) Co. Ltd. A generates $5.97 in net profit.
Tongda Smart Tech (Xiamen) Co. Ltd. A - 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 | 3.35 | 3.43 | 3.43 |
| Quick Ratio | 2.81 | 2.99 | 2.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥675.73 Million | CN¥ 683.93 Million | CN¥ 683.93 Million |
Tongda Smart Tech (Xiamen) Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Tongda Smart Tech (Xiamen) Co. Ltd. A'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 | 2.24 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | CN¥1.73 Billion |
| Market Capitalization | $107.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tongda Smart Tech (Xiamen) Co. Ltd. A's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tongda Smart Tech (Xiamen) Co. Ltd. A's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tongda Smart Tech (Xiamen) Co. Ltd. A (2021–2024)
The table below shows the annual total assets of Tongda Smart Tech (Xiamen) Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion | +3.50% |
| 2023-12-31 | CN¥1.67 Billion | +83.96% |
| 2022-12-31 | CN¥905.97 Million | +9.98% |
| 2021-12-31 | CN¥823.73 Million | -- |