Taier Heavy Industry Co Ltd Total Assets
Taier Heavy Industry Co Ltd total assets. Based on the latest financial reports, Taier Heavy Industry Co Ltd (002347) holds total assets worth CN¥2.37 Billion CNY (≈ $346.54 Million USD) 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. Also see 002347 market cap overview for the company's overall valuation and market capitalisation.
Total Assets of Taier Heavy Industry Co Ltd (2006–2024)
Total assets of Taier Heavy Industry Co Ltd from 2006 to 2024. This chart illustrates how Taier Heavy Industry Co Ltd's total assets have evolved over time, based on quarterly financial data. See Taier Heavy Industry Co Ltd (002347) stock price for real-time trading data and today's change.
Taier Heavy Industry Co Ltd - Asset Composition Analysis
Taier Heavy Industry Co Ltd Total Assets Breakdown (December 2024)
Taier Heavy Industry Co Ltd total assets breakdown as of December 2024. Taier Heavy Industry Co Ltd's total assets of CN¥2.37 Billion consist of 75.0% current assets and 25.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.0% |
| Accounts Receivable | CN¥702.97 Million | 27.4% |
| Inventory | CN¥485.98 Million | 18.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥139.35 Million | 5.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Taier Heavy Industry 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. Explore 002347 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Taier Heavy Industry Co Ltd's current assets represent 75.0% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 16.0% of total assets in 2024, down from 19.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 27.4% of total assets.
Taier Heavy Industry Co Ltd Competitors by Total Assets
Key competitors of Taier Heavy Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥22.15 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $2.26 Billion |
|
Zhejiang Kaishan Compressor
SHE:300257
|
China | CN¥17.10 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥9.23 Billion |
|
Inox Wind Limited
NSE:INOXWIND
|
India | Rs120.68 Billion |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697
|
China | CN¥4.87 Billion |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943
|
China | CN¥2.67 Billion |
Taier Heavy Industry 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 | 1.65 | 1.55 | 1.76 |
| Quick Ratio | 1.26 | 1.14 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥691.74 Million | CN¥645.65 Million | CN¥724.43 Million |
Taier Heavy Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Taier Heavy Industry 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 | 3.17 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CN¥2.57 Billion |
| Market Capitalization | $480.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Taier Heavy Industry Co Ltd's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Taier Heavy Industry Co Ltd's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Taier Heavy Industry Co Ltd (2006–2024)
The table below shows the annual total assets of Taier Heavy Industry Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.57 Billion ≈ $375.60 Million |
+3.58% |
| 2023-12-31 | CN¥2.48 Billion ≈ $362.62 Million |
-2.61% |
| 2022-12-31 | CN¥2.54 Billion ≈ $372.34 Million |
-2.06% |
| 2021-12-31 | CN¥2.60 Billion ≈ $380.17 Million |
+26.01% |
| 2020-12-31 | CN¥2.06 Billion ≈ $301.70 Million |
-5.86% |
| 2019-12-31 | CN¥2.19 Billion ≈ $320.49 Million |
-1.52% |
| 2018-12-31 | CN¥2.22 Billion ≈ $325.43 Million |
+11.40% |
| 2017-12-31 | CN¥2.00 Billion ≈ $292.13 Million |
+10.90% |
| 2016-12-31 | CN¥1.80 Billion ≈ $263.41 Million |
+4.00% |
| 2015-12-31 | CN¥1.73 Billion ≈ $253.27 Million |
+1.46% |
| 2014-12-31 | CN¥1.71 Billion ≈ $249.61 Million |
+3.28% |
| 2013-12-31 | CN¥1.65 Billion ≈ $241.68 Million |
+33.79% |
| 2012-12-31 | CN¥1.23 Billion ≈ $180.63 Million |
+5.43% |
| 2011-12-31 | CN¥1.17 Billion ≈ $171.33 Million |
+10.14% |
| 2010-12-31 | CN¥1.06 Billion ≈ $155.56 Million |
+117.61% |
| 2009-12-31 | CN¥488.52 Million ≈ $71.49 Million |
+13.62% |
| 2008-12-31 | CN¥429.98 Million ≈ $62.92 Million |
+47.92% |
| 2007-12-31 | CN¥290.69 Million ≈ $42.54 Million |
+86.21% |
| 2006-12-31 | CN¥156.11 Million ≈ $22.84 Million |
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About Taier Heavy Industry Co Ltd
Taier Heavy Industry Co., Ltd. designs, develops, manufactures, markets, and services metallurgical equipment and spare parts in China. The company provides universal joint shafts, gear couplings, shear blades, sliding plates, mandrels; and cold-rolled hot-dip galvanized shaft sleeve and bush, sink roll and stabilizing roll series, furnace roll, process roll, side guide, laminar colling roll, and… Read more