Tianma Bearing Group Co Ltd
HuiZhou Intelligence Technology Group Co., Ltd engages in the high-end equipment manufacturing business in China and internationally. It operates through High-End Equipment Manufacturing Business, Venture Capital Services and Asset Management, Big Model Data Service Business, and Media Business segments. The company offers CNC vertical and horizontal lathes, high-precision CNC double-column fixed… Read more
Tianma Bearing Group Co Ltd (002122) - Total Assets
Latest total assets as of September 2025: CN¥3.76 Billion CNY
Based on the latest financial reports, Tianma Bearing Group Co Ltd (002122) holds total assets worth CN¥3.76 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.
Tianma Bearing Group Co Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Tianma Bearing Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tianma Bearing Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tianma Bearing Group Co Ltd's total assets of CN¥3.76 Billion consist of 50.1% current assets and 49.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.5% |
| Accounts Receivable | CN¥301.24 Million | 9.1% |
| Inventory | CN¥755.20 Million | 22.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥172.60 Million | 5.2% |
| Goodwill | CN¥12.27 Million | 0.4% |
Asset Composition Trend (2003–2024)
This chart illustrates how Tianma Bearing Group 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tianma Bearing Group Co Ltd's current assets represent 50.1% of total assets in 2024, a decrease from 55.6% in 2003.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 22.7% of total assets.
Tianma Bearing Group Co Ltd Competitors by Total Assets
Key competitors of Tianma Bearing Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Tianma Bearing Group Co 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
Lower asset utilization - Tianma Bearing Group Co Ltd generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tianma Bearing Group Co Ltd is currently not profitable relative to its asset base.
Tianma Bearing Group 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 | 1.49 | 1.42 | 1.58 |
| Quick Ratio | 0.90 | 0.76 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥644.44 Million | CN¥ 493.49 Million | CN¥ 786.50 Million |
Tianma Bearing Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tianma Bearing Group 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 | 2.75 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -10.9% |
| Total Assets | CN¥3.33 Billion |
| Market Capitalization | $500.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tianma Bearing Group Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tianma Bearing Group Co Ltd's assets decreased by 10.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tianma Bearing Group Co Ltd (2003–2024)
The table below shows the annual total assets of Tianma Bearing Group Co Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.33 Billion | -10.88% |
| 2023-12-31 | CN¥3.73 Billion | +6.07% |
| 2022-12-31 | CN¥3.52 Billion | -14.78% |
| 2021-12-31 | CN¥4.13 Billion | -7.03% |
| 2020-12-31 | CN¥4.44 Billion | -3.99% |
| 2019-12-31 | CN¥4.63 Billion | -40.58% |
| 2018-12-31 | CN¥7.79 Billion | -9.47% |
| 2017-12-31 | CN¥8.60 Billion | +29.39% |
| 2016-12-31 | CN¥6.65 Billion | -12.00% |
| 2015-12-31 | CN¥7.56 Billion | +0.80% |
| 2014-12-31 | CN¥7.50 Billion | -0.87% |
| 2013-12-31 | CN¥7.56 Billion | +4.21% |
| 2012-12-31 | CN¥7.26 Billion | +1.57% |
| 2011-12-31 | CN¥7.14 Billion | +9.28% |
| 2010-12-31 | CN¥6.54 Billion | +11.91% |
| 2009-12-31 | CN¥5.84 Billion | +8.70% |
| 2008-12-31 | CN¥5.37 Billion | +20.71% |
| 2007-12-31 | CN¥4.45 Billion | +362.42% |
| 2006-12-31 | CN¥962.65 Million | +84.58% |
| 2005-12-31 | CN¥521.52 Million | +27.95% |
| 2004-12-31 | CN¥407.60 Million | +54.49% |
| 2003-12-31 | CN¥263.83 Million | -- |