Taier Heavy Industry Co Ltd (002347) - Total Assets

Latest as of June 2025: CN¥2.37 Billion CNY ≈ $346.54 Million USD

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. Check 002347 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Taier Heavy Industry Co Ltd - Total Assets Trend (2006–2024)

This chart illustrates how Taier Heavy Industry Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore Taier Heavy Industry Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Taier Heavy Industry Co Ltd - Asset Composition Analysis

Current Asset Composition (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. For live market cap, price, and company overview, see Taier Heavy Industry Co Ltd market cap and net worth.

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
Vestas Wind Systems A/S
CO:VWS
Denmark Dkr26.71 Billion
Nordex SE
F:NDX1
Germany €6.75 Billion
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
China CN¥26.79 Billion
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
China CN¥649.07 Million
Wuxi Boton Technology Co Ltd
SHE:300031
China CN¥6.50 Billion
Suzhou TZTEK Technology Co Ltd
SHG:688003
China CN¥3.85 Billion
Zhejiang Dayuan Pumps Ind Co
SHG:603757
China CN¥2.81 Billion
Shanghai Cooltech Power Co Ltd
SHE:300153
China CN¥3.18 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 0.18
Asset Growth Rate (YoY) 3.6%
Total Assets CN¥2.57 Billion
Market Capitalization $470.45 Million USD

Valuation Analysis

Below Book Valuation: The market values Taier Heavy Industry Co Ltd's assets below their book value (0.18x), 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

SHE:002347 China Specialty Industrial Machinery
Market Cap
$470.45 Million
CN¥3.21 Billion CNY
Market Cap Rank
#12723 Global
#3765 in China
Share Price
CN¥6.37
Change (1 day)
-0.47%
52-Week Range
CN¥6.37 - CN¥13.72
All Time High
CN¥13.72
About

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