Tong Oil Tools
Tong Petrotech Corp. provides technical support and services for oil and gas exploration and development in China and internationally. The company also manufactures and sells equipment for oil drilling and production; and sells civilian explosives, gas and liquid separation, and purification equipment. In addition, it provides gas management solutions; and professional and auxiliary services for … Read more
Tong Oil Tools (300164) - Total Assets
Latest total assets as of June 2025: CN¥1.99 Billion CNY
Based on the latest financial reports, Tong Oil Tools (300164) holds total assets worth CN¥1.99 Billion CNY 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.
Tong Oil Tools - Total Assets Trend (2007–2024)
This chart illustrates how Tong Oil Tools’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tong Oil Tools - Asset Composition Analysis
Current Asset Composition (December 2024)
Tong Oil Tools's total assets of CN¥1.99 Billion consist of 50.8% current assets and 49.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.6% |
| Accounts Receivable | CN¥460.42 Million | 23.4% |
| Inventory | CN¥119.66 Million | 6.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥18.58 Million | 0.9% |
| Goodwill | CN¥202.39 Million | 10.3% |
Asset Composition Trend (2007–2024)
This chart illustrates how Tong Oil Tools'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: Tong Oil Tools's current assets represent 50.8% of total assets in 2024, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 16.6% of total assets in 2024, down from 45.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 5.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 23.4% of total assets.
Tong Oil Tools Competitors by Total Assets
Key competitors of Tong Oil Tools based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Tong Oil Tools - 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
Moderate asset utilization - Tong Oil Tools generates 0.61x 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, Tong Oil Tools generates $ 2.82 in net profit.
Tong Oil Tools - 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 | 2.20 | 2.17 | 1.40 |
| Quick Ratio | 1.99 | 1.91 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥505.79 Million | CN¥ 517.98 Million | CN¥ 286.46 Million |
Tong Oil Tools - Advanced Valuation Insights
This section examines the relationship between Tong Oil Tools'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 | 8.20 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | CN¥1.97 Billion |
| Market Capitalization | $511.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tong Oil Tools's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tong Oil Tools's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tong Oil Tools (2007–2024)
The table below shows the annual total assets of Tong Oil Tools from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.97 Billion | +7.75% |
| 2023-12-31 | CN¥1.83 Billion | +4.99% |
| 2022-12-31 | CN¥1.74 Billion | +5.15% |
| 2021-12-31 | CN¥1.66 Billion | -3.25% |
| 2020-12-31 | CN¥1.71 Billion | -42.01% |
| 2019-12-31 | CN¥2.95 Billion | +1.30% |
| 2018-12-31 | CN¥2.92 Billion | +7.17% |
| 2017-12-31 | CN¥2.72 Billion | +29.52% |
| 2016-12-31 | CN¥2.10 Billion | +3.73% |
| 2015-12-31 | CN¥2.02 Billion | +19.01% |
| 2014-12-31 | CN¥1.70 Billion | +11.15% |
| 2013-12-31 | CN¥1.53 Billion | +2.24% |
| 2012-12-31 | CN¥1.50 Billion | +9.15% |
| 2011-12-31 | CN¥1.37 Billion | +166.49% |
| 2010-12-31 | CN¥514.57 Million | +38.99% |
| 2009-12-31 | CN¥370.22 Million | +67.85% |
| 2008-12-31 | CN¥220.56 Million | +28.62% |
| 2007-12-31 | CN¥171.48 Million | -- |