Changzhou Tiansheng New Materials Co Ltd
Changzhou Tiansheng New Materials Group Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of polymer foam materials in China. The company offers structural foam materials primarily for use in wind power generation, railway transportation, yacht, aerospace, energy buildings conservation, and other industries; and soft foam materials, such as p… Read more
Changzhou Tiansheng New Materials Co Ltd (300169) - Total Assets
Latest total assets as of September 2025: CN¥769.96 Million CNY
Based on the latest financial reports, Changzhou Tiansheng New Materials Co Ltd (300169) holds total assets worth CN¥769.96 Million 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.
Changzhou Tiansheng New Materials Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Changzhou Tiansheng New Materials Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Changzhou Tiansheng New Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Changzhou Tiansheng New Materials Co Ltd's total assets of CN¥769.96 Million consist of 42.9% current assets and 57.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.7% |
| Accounts Receivable | CN¥221.22 Million | 25.9% |
| Inventory | CN¥66.07 Million | 7.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥92.51 Million | 10.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Changzhou Tiansheng New Materials 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: Changzhou Tiansheng New Materials Co Ltd's current assets represent 42.9% of total assets in 2024, a decrease from 64.7% in 2007.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 9.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 8.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 25.9% of total assets.
Changzhou Tiansheng New Materials Co Ltd Competitors by Total Assets
Key competitors of Changzhou Tiansheng New Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Changzhou Tiansheng New Materials 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
Moderate asset utilization - Changzhou Tiansheng New Materials Co Ltd generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Changzhou Tiansheng New Materials Co Ltd is currently not profitable relative to its asset base.
Changzhou Tiansheng New Materials 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 | 0.40 | 0.66 | 1.05 |
| Quick Ratio | 0.32 | 0.54 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-433.74 Million | CN¥ -249.64 Million | CN¥ 52.30 Million |
Changzhou Tiansheng New Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between Changzhou Tiansheng New Materials 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 | 264.38 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -26.4% |
| Total Assets | CN¥853.92 Million |
| Market Capitalization | $242.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changzhou Tiansheng New Materials Co Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Changzhou Tiansheng New Materials Co Ltd's assets decreased by 26.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Changzhou Tiansheng New Materials Co Ltd (2007–2024)
The table below shows the annual total assets of Changzhou Tiansheng New Materials Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥853.92 Million | -26.39% |
| 2023-12-31 | CN¥1.16 Billion | -14.96% |
| 2022-12-31 | CN¥1.36 Billion | -14.14% |
| 2021-12-31 | CN¥1.59 Billion | -8.14% |
| 2020-12-31 | CN¥1.73 Billion | -5.11% |
| 2019-12-31 | CN¥1.82 Billion | -11.91% |
| 2018-12-31 | CN¥2.07 Billion | +0.21% |
| 2017-12-31 | CN¥2.06 Billion | +0.91% |
| 2016-12-31 | CN¥2.05 Billion | +12.35% |
| 2015-12-31 | CN¥1.82 Billion | -1.47% |
| 2014-12-31 | CN¥1.85 Billion | +18.23% |
| 2013-12-31 | CN¥1.56 Billion | +13.91% |
| 2012-12-31 | CN¥1.37 Billion | +8.46% |
| 2011-12-31 | CN¥1.27 Billion | +127.73% |
| 2010-12-31 | CN¥555.59 Million | +23.26% |
| 2009-12-31 | CN¥450.73 Million | +35.34% |
| 2008-12-31 | CN¥333.04 Million | +112.43% |
| 2007-12-31 | CN¥156.77 Million | -- |