Shijiazhuang Tonhe Electronics Technologies Co Ltd
Shijiazhuang Tonhe Electronics Technologies Co.,Ltd. engages in the research and development, production, sale, and service of power electronics industry products in China and internationally. The company offers smart grid products, such as DC power system, AIDC data center DC power supply solution, communication power supply, distribution automation terminal power supply, fire power supply, unin… Read more
Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) - Total Assets
Latest total assets as of September 2025: CN¥2.29 Billion CNY
Based on the latest financial reports, Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) holds total assets worth CN¥2.29 Billion 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.
Shijiazhuang Tonhe Electronics Technologies Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Shijiazhuang Tonhe Electronics Technologies Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shijiazhuang Tonhe Electronics Technologies Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shijiazhuang Tonhe Electronics Technologies Co Ltd's total assets of CN¥2.29 Billion consist of 70.6% current assets and 29.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.6% |
| Accounts Receivable | CN¥973.62 Million | 45.7% |
| Inventory | CN¥264.30 Million | 12.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥68.66 Million | 3.2% |
| Goodwill | CN¥151.70 Million | 7.1% |
Asset Composition Trend (2011–2024)
This chart illustrates how Shijiazhuang Tonhe Electronics Technologies 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: Shijiazhuang Tonhe Electronics Technologies Co Ltd's current assets represent 70.6% of total assets in 2024, a decrease from 84.0% in 2011.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 25.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 4.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 45.7% of total assets.
Shijiazhuang Tonhe Electronics Technologies Co Ltd Competitors by Total Assets
Key competitors of Shijiazhuang Tonhe Electronics Technologies Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Shijiazhuang Tonhe Electronics Technologies 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 - Shijiazhuang Tonhe Electronics Technologies Co Ltd generates 0.57x 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, Shijiazhuang Tonhe Electronics Technologies Co Ltd generates $ 1.12 in net profit.
Shijiazhuang Tonhe Electronics Technologies 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 | 1.59 | 1.72 | 2.57 |
| Quick Ratio | 1.23 | 1.28 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥616.42 Million | CN¥ 570.42 Million | CN¥ 336.90 Million |
Shijiazhuang Tonhe Electronics Technologies Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shijiazhuang Tonhe Electronics Technologies 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 | 4.44 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 7.6% |
| Total Assets | CN¥2.13 Billion |
| Market Capitalization | $358.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shijiazhuang Tonhe Electronics Technologies Co Ltd's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shijiazhuang Tonhe Electronics Technologies Co Ltd's assets grew by 7.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shijiazhuang Tonhe Electronics Technologies Co Ltd (2011–2024)
The table below shows the annual total assets of Shijiazhuang Tonhe Electronics Technologies Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.13 Billion | +7.56% |
| 2023-12-31 | CN¥1.98 Billion | +27.37% |
| 2022-12-31 | CN¥1.56 Billion | +21.72% |
| 2021-12-31 | CN¥1.28 Billion | +37.54% |
| 2020-12-31 | CN¥929.74 Million | +8.09% |
| 2019-12-31 | CN¥860.13 Million | +66.69% |
| 2018-12-31 | CN¥516.02 Million | -14.32% |
| 2017-12-31 | CN¥602.29 Million | +6.51% |
| 2016-12-31 | CN¥565.46 Million | +7.44% |
| 2015-12-31 | CN¥526.29 Million | +109.92% |
| 2014-12-31 | CN¥250.71 Million | +22.41% |
| 2013-12-31 | CN¥204.81 Million | +33.15% |
| 2012-12-31 | CN¥153.82 Million | +96.83% |
| 2011-12-31 | CN¥78.15 Million | -- |