Henan Tong-Da Cable Co Ltd
Henan Tong-Da Cable Co., Ltd. researches, develops, and produces wires and cables in the People's Republic of China. It offers bare conductor; steel core aluminum stranded wire series and aluminum alloy stranded wire series for UHV and EHV, contact wires and catenary wire series for electrified railways and urban rail transit; power cables, including power cables for urban distribution networks, … Read more
Henan Tong-Da Cable Co Ltd (002560) - Total Assets
Latest total assets as of September 2025: CN¥5.38 Billion CNY
Based on the latest financial reports, Henan Tong-Da Cable Co Ltd (002560) holds total assets worth CN¥5.38 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.
Henan Tong-Da Cable Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Henan Tong-Da Cable Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Henan Tong-Da Cable Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Henan Tong-Da Cable Co Ltd's total assets of CN¥5.38 Billion consist of 74.9% current assets and 25.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.4% |
| Accounts Receivable | CN¥1.95 Billion | 38.7% |
| Inventory | CN¥567.55 Million | 11.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥89.34 Million | 1.8% |
| Goodwill | CN¥116.15 Million | 2.3% |
Asset Composition Trend (2007–2024)
This chart illustrates how Henan Tong-Da Cable 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Henan Tong-Da Cable Co Ltd's current assets represent 74.9% of total assets in 2024, a decrease from 89.5% in 2007.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2024, up from 7.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 38.7% of total assets.
Henan Tong-Da Cable Co Ltd Competitors by Total Assets
Key competitors of Henan Tong-Da Cable Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Henan Tong-Da Cable Co Ltd - 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
Strong asset utilization - Henan Tong-Da Cable Co Ltd generates 1.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Henan Tong-Da Cable Co Ltd generates $ 0.50 in net profit.
Henan Tong-Da Cable 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 | 1.84 | 1.89 | 2.59 |
| Quick Ratio | 1.48 | 1.54 | 2.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.86 Billion | CN¥ 1.70 Billion | CN¥ 1.34 Billion |
Henan Tong-Da Cable Co Ltd - Advanced Valuation Insights
This section examines the relationship between Henan Tong-Da Cable 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 | 2.04 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 14.5% |
| Total Assets | CN¥5.06 Billion |
| Market Capitalization | $541.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Henan Tong-Da Cable Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Henan Tong-Da Cable Co Ltd's assets grew by 14.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Henan Tong-Da Cable Co Ltd (2007–2024)
The table below shows the annual total assets of Henan Tong-Da Cable Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.06 Billion | +14.54% |
| 2023-12-31 | CN¥4.42 Billion | -15.61% |
| 2022-12-31 | CN¥5.23 Billion | +44.14% |
| 2021-12-31 | CN¥3.63 Billion | +9.13% |
| 2020-12-31 | CN¥3.33 Billion | +11.61% |
| 2019-12-31 | CN¥2.98 Billion | +3.14% |
| 2018-12-31 | CN¥2.89 Billion | +17.16% |
| 2017-12-31 | CN¥2.47 Billion | -4.67% |
| 2016-12-31 | CN¥2.59 Billion | +11.06% |
| 2015-12-31 | CN¥2.33 Billion | +18.40% |
| 2014-12-31 | CN¥1.97 Billion | +35.29% |
| 2013-12-31 | CN¥1.45 Billion | -8.59% |
| 2012-12-31 | CN¥1.59 Billion | +55.53% |
| 2011-12-31 | CN¥1.02 Billion | +78.68% |
| 2010-12-31 | CN¥572.44 Million | +35.83% |
| 2009-12-31 | CN¥421.44 Million | +7.74% |
| 2008-12-31 | CN¥391.17 Million | +11.73% |
| 2007-12-31 | CN¥350.11 Million | -- |