Tongxing Environmental Protection
Tongxing Environmental Protection Technology Co.,Ltd provides environmental protection project general contracting services in China. The company offers environmental protection equipment and materials for dust removal, desulfurization, and denitrification; flue gas treatment services; production and support services for low temperature denitration catalysts; and technical support services for ca… Read more
Tongxing Environmental Protection (003027) - Total Assets
Latest total assets as of September 2025: CN¥2.57 Billion CNY
Based on the latest financial reports, Tongxing Environmental Protection (003027) holds total assets worth CN¥2.57 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.
Tongxing Environmental Protection - Total Assets Trend (2016–2024)
This chart illustrates how Tongxing Environmental Protection’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongxing Environmental Protection - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongxing Environmental Protection's total assets of CN¥2.57 Billion consist of 67.6% current assets and 32.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.1% |
| Accounts Receivable | CN¥1.00 Billion | 40.7% |
| Inventory | CN¥139.55 Million | 5.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥54.90 Million | 2.2% |
| Goodwill | CN¥23.46 Million | 1.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Tongxing Environmental Protection'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: Tongxing Environmental Protection's current assets represent 67.6% of total assets in 2024, an increase from 67.3% in 2016.
- Cash Position: Cash and equivalents constituted 18.1% of total assets in 2024, up from 6.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 14.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 40.7% of total assets.
Tongxing Environmental Protection Competitors by Total Assets
Key competitors of Tongxing Environmental Protection based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Tongxing Environmental Protection - 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
Lower asset utilization - Tongxing Environmental Protection generates 0.29x 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, Tongxing Environmental Protection generates $ 1.58 in net profit.
Tongxing Environmental Protection - 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 | 2.49 | 3.06 | 3.76 |
| Quick Ratio | 2.29 | 2.73 | 3.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.10 Billion | CN¥ 1.16 Billion | CN¥ 1.30 Billion |
Tongxing Environmental Protection - Advanced Valuation Insights
This section examines the relationship between Tongxing Environmental Protection'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 | 1.88 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -9.8% |
| Total Assets | CN¥2.46 Billion |
| Market Capitalization | $177.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tongxing Environmental Protection's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tongxing Environmental Protection's assets decreased by 9.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tongxing Environmental Protection (2016–2024)
The table below shows the annual total assets of Tongxing Environmental Protection from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.46 Billion | -9.75% |
| 2023-12-31 | CN¥2.73 Billion | +1.16% |
| 2022-12-31 | CN¥2.70 Billion | +19.29% |
| 2021-12-31 | CN¥2.26 Billion | +10.52% |
| 2020-12-31 | CN¥2.05 Billion | +84.83% |
| 2019-12-31 | CN¥1.11 Billion | +40.67% |
| 2018-12-31 | CN¥787.47 Million | +58.05% |
| 2017-12-31 | CN¥498.24 Million | +69.88% |
| 2016-12-31 | CN¥293.29 Million | -- |