Changzhou Tiansheng New Materials Co Ltd (300169) - Total Assets
Based on the latest financial reports, Changzhou Tiansheng New Materials Co Ltd (300169) holds total assets worth CN¥769.96 Million CNY (≈ $112.67 Million USD) 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. See shareholders equity of Changzhou Tiansheng New Materials Co Ltd for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Changzhou Tiansheng New Materials Co Ltd market cap and net worth.
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 |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493
|
China | CN¥392.92 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
China | CN¥86.15 Billion |
|
Youngy Co Ltd
SHE:002192
|
China | CN¥4.92 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
China | CN¥13.38 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
China | CN¥4.94 Billion |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
China | CN¥2.18 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.77 Billion |
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 | 0.36 |
| Asset Growth Rate (YoY) | -26.4% |
| Total Assets | CN¥853.92 Million |
| Market Capitalization | $308.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changzhou Tiansheng New Materials Co Ltd's assets below their book value (0.36x), 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 ≈ $124.96 Million |
-26.39% |
| 2023-12-31 | CN¥1.16 Billion ≈ $169.75 Million |
-14.96% |
| 2022-12-31 | CN¥1.36 Billion ≈ $199.61 Million |
-14.14% |
| 2021-12-31 | CN¥1.59 Billion ≈ $232.47 Million |
-8.14% |
| 2020-12-31 | CN¥1.73 Billion ≈ $253.08 Million |
-5.11% |
| 2019-12-31 | CN¥1.82 Billion ≈ $266.70 Million |
-11.91% |
| 2018-12-31 | CN¥2.07 Billion ≈ $302.74 Million |
+0.21% |
| 2017-12-31 | CN¥2.06 Billion ≈ $302.10 Million |
+0.91% |
| 2016-12-31 | CN¥2.05 Billion ≈ $299.37 Million |
+12.35% |
| 2015-12-31 | CN¥1.82 Billion ≈ $266.45 Million |
-1.47% |
| 2014-12-31 | CN¥1.85 Billion ≈ $270.43 Million |
+18.23% |
| 2013-12-31 | CN¥1.56 Billion ≈ $228.73 Million |
+13.91% |
| 2012-12-31 | CN¥1.37 Billion ≈ $200.79 Million |
+8.46% |
| 2011-12-31 | CN¥1.27 Billion ≈ $185.14 Million |
+127.73% |
| 2010-12-31 | CN¥555.59 Million ≈ $81.30 Million |
+23.26% |
| 2009-12-31 | CN¥450.73 Million ≈ $65.96 Million |
+35.34% |
| 2008-12-31 | CN¥333.04 Million ≈ $48.73 Million |
+112.43% |
| 2007-12-31 | CN¥156.77 Million ≈ $22.94 Million |
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About 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