Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) - Total Assets
Based on the latest financial reports, Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) holds total assets worth CN¥2.29 Billion CNY (≈ $335.29 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 Shijiazhuang Tonhe Electronics Technolog for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 300491 stock market capitalisation.
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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
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 | 0.31 |
| Asset Growth Rate (YoY) | 7.6% |
| Total Assets | CN¥2.13 Billion |
| Market Capitalization | $662.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shijiazhuang Tonhe Electronics Technologies Co Ltd's assets below their book value (0.31x), 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 ≈ $312.04 Million |
+7.56% |
| 2023-12-31 | CN¥1.98 Billion ≈ $290.11 Million |
+27.37% |
| 2022-12-31 | CN¥1.56 Billion ≈ $227.76 Million |
+21.72% |
| 2021-12-31 | CN¥1.28 Billion ≈ $187.13 Million |
+37.54% |
| 2020-12-31 | CN¥929.74 Million ≈ $136.05 Million |
+8.09% |
| 2019-12-31 | CN¥860.13 Million ≈ $125.86 Million |
+66.69% |
| 2018-12-31 | CN¥516.02 Million ≈ $75.51 Million |
-14.32% |
| 2017-12-31 | CN¥602.29 Million ≈ $88.13 Million |
+6.51% |
| 2016-12-31 | CN¥565.46 Million ≈ $82.75 Million |
+7.44% |
| 2015-12-31 | CN¥526.29 Million ≈ $77.01 Million |
+109.92% |
| 2014-12-31 | CN¥250.71 Million ≈ $36.69 Million |
+22.41% |
| 2013-12-31 | CN¥204.81 Million ≈ $29.97 Million |
+33.15% |
| 2012-12-31 | CN¥153.82 Million ≈ $22.51 Million |
+96.83% |
| 2011-12-31 | CN¥78.15 Million ≈ $11.44 Million |
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About 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