Tongding Interconnection Information (002491) - Total Assets
Based on the latest financial reports, Tongding Interconnection Information (002491) holds total assets worth CN¥6.10 Billion CNY (≈ $892.19 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.
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. Also see market cap of Tongding Interconnection Information for the company's overall valuation and market capitalisation.
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. Review Tongding Interconnection Information (002491) financial obligations to assess the company's total debt and financial obligations.
| 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. See Tongding Interconnection Information (002491) stock price for real-time trading data and today's change.
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.
| Company | Country | Total Assets |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.42 Billion |
|
Warom Technology Inc Co
SHG:603855
|
China | CN¥4.87 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
China | CN¥6.50 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
|
Sichuan Huati Lighting Tech
SHG:603679
|
China | CN¥1.48 Billion |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351
|
China | CN¥4.77 Billion |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
China | CN¥953.64 Million |
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 | 0.73 |
| Asset Growth Rate (YoY) | -7.0% |
| Total Assets | CN¥5.47 Billion |
| Market Capitalization | $4.00 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongding Interconnection Information's assets below their book value (0.73x), 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 ≈ $801.10 Million |
-7.02% |
| 2023-12-31 | CN¥5.89 Billion ≈ $861.58 Million |
-1.60% |
| 2022-12-31 | CN¥5.98 Billion ≈ $875.63 Million |
-3.62% |
| 2021-12-31 | CN¥6.21 Billion ≈ $908.52 Million |
-23.74% |
| 2020-12-31 | CN¥8.14 Billion ≈ $1.19 Billion |
-4.11% |
| 2019-12-31 | CN¥8.49 Billion ≈ $1.24 Billion |
-16.90% |
| 2018-12-31 | CN¥10.22 Billion ≈ $1.49 Billion |
+18.08% |
| 2017-12-31 | CN¥8.65 Billion ≈ $1.27 Billion |
+28.35% |
| 2016-12-31 | CN¥6.74 Billion ≈ $986.34 Million |
+28.86% |
| 2015-12-31 | CN¥5.23 Billion ≈ $765.43 Million |
+1.07% |
| 2014-12-31 | CN¥5.18 Billion ≈ $757.34 Million |
+16.88% |
| 2013-12-31 | CN¥4.43 Billion ≈ $647.95 Million |
+34.97% |
| 2012-12-31 | CN¥3.28 Billion ≈ $480.09 Million |
+33.83% |
| 2011-12-31 | CN¥2.45 Billion ≈ $358.74 Million |
+23.57% |
| 2010-12-31 | CN¥1.98 Billion ≈ $290.32 Million |
+123.87% |
| 2009-12-31 | CN¥886.21 Million ≈ $129.68 Million |
+37.02% |
| 2008-12-31 | CN¥646.79 Million ≈ $94.65 Million |
-7.06% |
| 2007-12-31 | CN¥695.89 Million ≈ $101.83 Million |
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About Tongding Interconnection Information
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