Tong Oil Tools (300164) - Total Assets
Based on the latest financial reports, Tong Oil Tools (300164) holds total assets worth CN¥2.00 Billion CNY (≈ $292.86 Million USD) as of March 2026. 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. Check how aggressively does Tong Oil Tools reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Tong Oil Tools - Total Assets Trend (2007–2025)
This chart illustrates how Tong Oil Tools's total assets have evolved over time, based on quarterly financial data. Explore Tong Oil Tools (300164) long-term investment share to see how much of total assets are deployed in long-term investments.
Tong Oil Tools - Asset Composition Analysis
Current Asset Composition (December 2025)
Tong Oil Tools's total assets of CN¥2.00 Billion consist of 46.3% current assets and 53.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.4% |
| Accounts Receivable | CN¥436.05 Million | 21.7% |
| Inventory | CN¥84.70 Million | 4.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥18.15 Million | 0.9% |
| Goodwill | CN¥198.32 Million | 9.9% |
Asset Composition Trend (2007–2025)
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. For live market cap, price, and company overview, see Tong Oil Tools market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tong Oil Tools's current assets represent 46.3% of total assets in 2025, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 16.4% of total assets in 2025, down from 45.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 5.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% 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 |
|---|---|---|
|
Natural Gas Services Group Inc
NYSE:NGS
|
USA | $562.31 Million |
|
PT Multikarya Asia Pacific Ray
JK:MKAP
|
Indonesia | Rp535.31 Billion |
|
Enterprise Group Inc
TO:E
|
Canada | CA$125.22 Million |
|
PBG SA
WAR:PBG
|
Poland | zł22.52 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
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 | 2.17 | 2.13 | 1.58 |
| Quick Ratio | 1.99 | 1.90 | 1.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥509.56 Million | CN¥507.27 Million | CN¥259.75 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 | 3.85 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥2.01 Billion |
| Market Capitalization | $771.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tong Oil Tools's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tong Oil Tools's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tong Oil Tools (2007–2025)
The table below shows the annual total assets of Tong Oil Tools from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.01 Billion ≈ $294.24 Million |
+2.03% |
| 2024-12-31 | CN¥1.97 Billion ≈ $288.39 Million |
+7.75% |
| 2023-12-31 | CN¥1.83 Billion ≈ $267.64 Million |
+4.99% |
| 2022-12-31 | CN¥1.74 Billion ≈ $254.92 Million |
+5.15% |
| 2021-12-31 | CN¥1.66 Billion ≈ $242.43 Million |
-3.25% |
| 2020-12-31 | CN¥1.71 Billion ≈ $250.56 Million |
-42.01% |
| 2019-12-31 | CN¥2.95 Billion ≈ $432.09 Million |
+1.30% |
| 2018-12-31 | CN¥2.92 Billion ≈ $426.56 Million |
+7.17% |
| 2017-12-31 | CN¥2.72 Billion ≈ $398.04 Million |
+29.52% |
| 2016-12-31 | CN¥2.10 Billion ≈ $307.31 Million |
+3.73% |
| 2015-12-31 | CN¥2.02 Billion ≈ $296.25 Million |
+19.01% |
| 2014-12-31 | CN¥1.70 Billion ≈ $248.92 Million |
+11.15% |
| 2013-12-31 | CN¥1.53 Billion ≈ $223.94 Million |
+2.24% |
| 2012-12-31 | CN¥1.50 Billion ≈ $219.03 Million |
+9.15% |
| 2011-12-31 | CN¥1.37 Billion ≈ $200.66 Million |
+166.49% |
| 2010-12-31 | CN¥514.57 Million ≈ $75.30 Million |
+38.99% |
| 2009-12-31 | CN¥370.22 Million ≈ $54.17 Million |
+67.85% |
| 2008-12-31 | CN¥220.56 Million ≈ $32.28 Million |
+28.62% |
| 2007-12-31 | CN¥171.48 Million ≈ $25.09 Million |
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About 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