Shandong Tongda Island New Materials Co Ltd
Shandong Tongda Island New Materials Co.,Ltd. researches and develops, manufactures, services, and sells microfiber synthetic leather products in China and internationally. It offers microfiber suede, smooth leather, and base fabric, which are used in shoe materials, sofa furniture, electronic products, sportswear equipment, engineering decoration, automotive interiors, handbags, clothing, and ot… Read more
Shandong Tongda Island New Materials Co Ltd (300321) - Total Assets
Latest total assets as of September 2025: CN¥677.80 Million CNY
Based on the latest financial reports, Shandong Tongda Island New Materials Co Ltd (300321) holds total assets worth CN¥677.80 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.
Shandong Tongda Island New Materials Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Shandong Tongda Island New Materials Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Tongda Island New Materials Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Tongda Island New Materials Co Ltd's total assets of CN¥677.80 Million consist of 64.6% current assets and 35.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 30.4% |
| Accounts Receivable | CN¥96.47 Million | 14.1% |
| Inventory | CN¥130.52 Million | 19.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥89.86 Million | 13.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Shandong Tongda Island 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: Shandong Tongda Island New Materials Co Ltd's current assets represent 64.6% of total assets in 2024, an increase from 52.5% in 2007.
- Cash Position: Cash and equivalents constituted 30.4% of total assets in 2024, up from 12.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 2.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
Shandong Tongda Island New Materials Co Ltd Competitors by Total Assets
Key competitors of Shandong Tongda Island New Materials Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
Shandong Tongda Island 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 - Shandong Tongda Island New Materials Co Ltd generates 0.55x 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, Shandong Tongda Island New Materials Co Ltd generates $ 1.23 in net profit.
Shandong Tongda Island 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 | 10.34 | 8.25 | 4.28 |
| Quick Ratio | 7.49 | 5.72 | 3.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥405.25 Million | CN¥ 385.69 Million | CN¥ 317.32 Million |
Shandong Tongda Island New Materials Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Tongda Island 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 | 5.90 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | CN¥683.38 Million |
| Market Capitalization | $195.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Tongda Island New Materials Co Ltd's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Tongda Island New Materials Co Ltd's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Tongda Island New Materials Co Ltd (2007–2024)
The table below shows the annual total assets of Shandong Tongda Island New Materials Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥683.38 Million | +2.22% |
| 2023-12-31 | CN¥668.51 Million | -2.84% |
| 2022-12-31 | CN¥688.04 Million | -6.41% |
| 2021-12-31 | CN¥735.15 Million | -0.99% |
| 2020-12-31 | CN¥742.49 Million | -2.23% |
| 2019-12-31 | CN¥759.43 Million | +3.38% |
| 2018-12-31 | CN¥734.62 Million | +1.81% |
| 2017-12-31 | CN¥721.59 Million | +6.48% |
| 2016-12-31 | CN¥677.68 Million | -1.72% |
| 2015-12-31 | CN¥689.55 Million | -4.40% |
| 2014-12-31 | CN¥721.32 Million | -0.21% |
| 2013-12-31 | CN¥722.81 Million | +3.59% |
| 2012-12-31 | CN¥697.76 Million | +42.06% |
| 2011-12-31 | CN¥491.18 Million | +40.90% |
| 2010-12-31 | CN¥348.60 Million | +27.20% |
| 2009-12-31 | CN¥274.05 Million | +5.37% |
| 2008-12-31 | CN¥260.09 Million | +22.02% |
| 2007-12-31 | CN¥213.16 Million | -- |