Tianjin Saixiang Technology Co Ltd (002337) - Total Assets
Based on the latest financial reports, Tianjin Saixiang Technology Co Ltd (002337) holds total assets worth CN¥2.06 Billion CNY (≈ $301.89 Million 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 Tianjin Saixiang Technology Co Ltd net assets for net asset value and shareholders' equity analysis.
Tianjin Saixiang Technology Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Tianjin Saixiang Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
Tianjin Saixiang Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tianjin Saixiang Technology Co Ltd's total assets of CN¥2.06 Billion consist of 87.7% current assets and 12.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.8% |
| Accounts Receivable | CN¥458.75 Million | 21.8% |
| Inventory | CN¥581.93 Million | 27.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥26.22 Million | 1.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Tianjin Saixiang Technology 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 market value of Tianjin Saixiang Technology Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tianjin Saixiang Technology Co Ltd's current assets represent 87.7% of total assets in 2024, an increase from 83.6% in 2006.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2024, up from 12.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 27.6% of total assets.
Tianjin Saixiang Technology Co Ltd Competitors by Total Assets
Key competitors of Tianjin Saixiang Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Worldia Diamond Tools Co Ltd
SHG:688028
|
China | CN¥2.25 Billion |
|
National Aerospace Fasteners Corp
TW:3004
|
Taiwan | NT$7.41 Billion |
|
GEVORKYAN as
PR:GEV
|
Czech Republic | Kč207.98 Million |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
China | CN¥5.21 Billion |
|
Essence Fastening Systems (Shanghai) Co. Ltd.
SHE:301005
|
China | CN¥1.25 Billion |
|
Shareate Tools Ltd
SHG:688257
|
China | CN¥4.72 Billion |
|
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
|
China | CN¥4.84 Billion |
Tianjin Saixiang Technology 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 | 2.73 | 2.68 | 3.15 |
| Quick Ratio | 1.90 | 1.85 | 2.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.15 Billion | CN¥1.09 Billion | CN¥854.25 Million |
Tianjin Saixiang Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tianjin Saixiang Technology 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 | 3.01 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CN¥2.11 Billion |
| Market Capitalization | $537.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tianjin Saixiang Technology Co Ltd's assets below their book value (0.25x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tianjin Saixiang Technology Co Ltd's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tianjin Saixiang Technology Co Ltd (2006–2024)
The table below shows the annual total assets of Tianjin Saixiang Technology Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.11 Billion ≈ $308.44 Million |
+8.76% |
| 2023-12-31 | CN¥1.94 Billion ≈ $283.58 Million |
+6.39% |
| 2022-12-31 | CN¥1.82 Billion ≈ $266.56 Million |
+14.48% |
| 2021-12-31 | CN¥1.59 Billion ≈ $232.84 Million |
+0.15% |
| 2020-12-31 | CN¥1.59 Billion ≈ $232.51 Million |
+0.71% |
| 2019-12-31 | CN¥1.58 Billion ≈ $230.87 Million |
+3.35% |
| 2018-12-31 | CN¥1.53 Billion ≈ $223.39 Million |
-7.95% |
| 2017-12-31 | CN¥1.66 Billion ≈ $242.68 Million |
-3.06% |
| 2016-12-31 | CN¥1.71 Billion ≈ $250.35 Million |
+1.25% |
| 2015-12-31 | CN¥1.69 Billion ≈ $247.25 Million |
-4.12% |
| 2014-12-31 | CN¥1.76 Billion ≈ $257.89 Million |
-3.44% |
| 2013-12-31 | CN¥1.83 Billion ≈ $267.07 Million |
+9.09% |
| 2012-12-31 | CN¥1.67 Billion ≈ $244.83 Million |
+4.31% |
| 2011-12-31 | CN¥1.60 Billion ≈ $234.71 Million |
-0.21% |
| 2010-12-31 | CN¥1.61 Billion ≈ $235.19 Million |
+113.30% |
| 2009-12-31 | CN¥753.52 Million ≈ $110.26 Million |
-6.57% |
| 2008-12-31 | CN¥806.53 Million ≈ $118.02 Million |
+11.21% |
| 2007-12-31 | CN¥725.24 Million ≈ $106.13 Million |
+25.71% |
| 2006-12-31 | CN¥576.93 Million ≈ $84.42 Million |
-- |
About Tianjin Saixiang Technology Co Ltd
Tianjin Saixiang Technology Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and service of intelligent equipment for radial tires in the People's Republic of China and internationally. The company offers passenger/light truck radial tire one-step forming machines, all"steel load-bearing radial tire one-step forming machines, two-drum/four-drum all… Read more