Tongding Interconnection Information

SHE:002491 China Electrical Equipment & Parts
Market Cap
$1.69 Billion
CN¥12.40 Billion CNY
Market Cap Rank
#7318 Global
#1232 in China
Share Price
CN¥10.08
Change (1 day)
-7.10%
52-Week Range
CN¥3.84 - CN¥12.65
All Time High
CN¥21.02
About

Tongding Interconnection Information Co., Ltd. engages in the optical and electrical cables and supporting, broadband access, network security, big data, and Internet of Things businesses in the People's Republic of China and internationally. The company offers optical preform, and fiber and cable products; copper medium and low voltage power cables for urban underground power grid, power station… Read more

Tongding Interconnection Information (002491) - Total Assets

Latest total assets as of September 2025: CN¥6.10 Billion CNY

Based on the latest financial reports, Tongding Interconnection Information (002491) holds total assets worth CN¥6.10 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.

Tongding Interconnection Information - Total Assets Trend (2007–2024)

This chart illustrates how Tongding Interconnection Information’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Tongding Interconnection Information - Asset Composition Analysis

Current Asset Composition (December 2024)

Tongding Interconnection Information's total assets of CN¥6.10 Billion consist of 65.3% current assets and 34.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 15.7%
Accounts Receivable CN¥1.42 Billion 25.9%
Inventory CN¥818.33 Million 15.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥50.24 Million 0.9%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2007–2024)

This chart illustrates how Tongding Interconnection Information'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: Tongding Interconnection Information's current assets represent 65.3% of total assets in 2024, a decrease from 76.6% in 2007.
  • Cash Position: Cash and equivalents constituted 15.7% of total assets in 2024, down from 26.7% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 25.9% of total assets.

Tongding Interconnection Information Competitors by Total Assets

Key competitors of Tongding Interconnection Information based on total assets are shown below.

Tongding Interconnection Information - 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: 0.42 - 0.61

Moderate asset utilization - Tongding Interconnection Information generates 0.53x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -23.53% - 8.00%

Moderate ROA - For every $100 in assets, Tongding Interconnection Information generates $ 1.41 in net profit.

Tongding Interconnection Information - 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 1.26 1.21 1.00
Quick Ratio 0.95 0.98 0.79
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥835.20 Million CN¥ 687.31 Million CN¥ -16.09 Million

Tongding Interconnection Information - Advanced Valuation Insights

This section examines the relationship between Tongding Interconnection Information'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 5.66
Latest Market Cap to Assets Ratio 0.18
Asset Growth Rate (YoY) -7.0%
Total Assets CN¥5.47 Billion
Market Capitalization $1.00 Billion USD

Valuation Analysis

Below Book Valuation: The market values Tongding Interconnection Information's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Tongding Interconnection Information's assets decreased by 7.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Tongding Interconnection Information (2007–2024)

The table below shows the annual total assets of Tongding Interconnection Information from 2007 to 2024.

Year Total Assets Change
2024-12-31 CN¥5.47 Billion -7.02%
2023-12-31 CN¥5.89 Billion -1.60%
2022-12-31 CN¥5.98 Billion -3.62%
2021-12-31 CN¥6.21 Billion -23.74%
2020-12-31 CN¥8.14 Billion -4.11%
2019-12-31 CN¥8.49 Billion -16.90%
2018-12-31 CN¥10.22 Billion +18.08%
2017-12-31 CN¥8.65 Billion +28.35%
2016-12-31 CN¥6.74 Billion +28.86%
2015-12-31 CN¥5.23 Billion +1.07%
2014-12-31 CN¥5.18 Billion +16.88%
2013-12-31 CN¥4.43 Billion +34.97%
2012-12-31 CN¥3.28 Billion +33.83%
2011-12-31 CN¥2.45 Billion +23.57%
2010-12-31 CN¥1.98 Billion +123.87%
2009-12-31 CN¥886.21 Million +37.02%
2008-12-31 CN¥646.79 Million -7.06%
2007-12-31 CN¥695.89 Million --