Shandong Tengda Fasten Tech

SHE:001379 China Tools & Accessories
Market Cap
$611.67 Million
CN¥4.49 Billion CNY
Market Cap Rank
#15407 Global
#4110 in China
Share Price
CN¥22.44
Change (1 day)
-2.94%
52-Week Range
CN¥16.94 - CN¥25.77
All Time High
CN¥35.97
About

Shandong Tengda Fasten Tech. Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of stainless-steel fastener products in China and internationally. The company offers bolts, nuts, studs, screws, grommets, assemblies, and other products. Its products are used in the automotive, high-speed rail, construction, nuclear power, new energy, machinery equ… Read more

Shandong Tengda Fasten Tech (001379) - Total Assets

Latest total assets as of September 2025: CN¥2.64 Billion CNY

Based on the latest financial reports, Shandong Tengda Fasten Tech (001379) holds total assets worth CN¥2.64 Billion CNY 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.

Shandong Tengda Fasten Tech - Total Assets Trend (2019–2024)

This chart illustrates how Shandong Tengda Fasten Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shandong Tengda Fasten Tech - Asset Composition Analysis

Current Asset Composition (September 2024)

Shandong Tengda Fasten Tech's total assets of CN¥2.64 Billion consist of 72.1% current assets and 27.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 21.1%
Accounts Receivable CN¥229.11 Million 10.6%
Inventory CN¥567.58 Million 26.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥66.19 Million 3.1%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Shandong Tengda Fasten Tech'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: Shandong Tengda Fasten Tech's current assets represent 72.1% of total assets in 2024, an increase from 54.8% in 2019.
  • Cash Position: Cash and equivalents constituted 21.1% of total assets in 2024, up from 1.4% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2019.
  • Asset Diversification: The largest asset category is inventory at 26.3% of total assets.

Shandong Tengda Fasten Tech Competitors by Total Assets

Key competitors of Shandong Tengda Fasten Tech based on total assets are shown below.

Shandong Tengda Fasten Tech - 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

Historical Range: 0.84 - 1.36

Strong asset utilization - Shandong Tengda Fasten Tech generates 0.84x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.38% - 8.71%

Moderate ROA - For every $100 in assets, Shandong Tengda Fasten Tech generates $ 3.55 in net profit.

Shandong Tengda Fasten Tech - 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 2.04 2.92 1.31
Quick Ratio 1.37 2.01 0.83
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.00 Billion CN¥ 1.05 Billion CN¥ 284.62 Million

Shandong Tengda Fasten Tech - Advanced Valuation Insights

This section examines the relationship between Shandong Tengda Fasten Tech'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 3.23
Latest Market Cap to Assets Ratio 0.09
Asset Growth Rate (YoY) 52.2%
Total Assets CN¥2.16 Billion
Market Capitalization $185.77 Million USD

Valuation Analysis

Below Book Valuation: The market values Shandong Tengda Fasten Tech's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Shandong Tengda Fasten Tech's assets grew by 52.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Shandong Tengda Fasten Tech (2019–2024)

The table below shows the annual total assets of Shandong Tengda Fasten Tech from 2019 to 2024.

Year Total Assets Change
2024-09-30 CN¥2.16 Billion +52.23%
2023-09-30 CN¥1.42 Billion -11.61%
2022-09-30 CN¥1.60 Billion +29.69%
2021-09-30 CN¥1.24 Billion +45.04%
2020-09-30 CN¥852.46 Million -7.74%
2019-09-30 CN¥924.00 Million --