Qingdao Tianneng Heavy Industries Co Ltd (300569) - Total Assets
Based on the latest financial reports, Qingdao Tianneng Heavy Industries Co Ltd (300569) holds total assets worth CN¥12.48 Billion CNY (≈ $1.83 Billion 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.
Qingdao Tianneng Heavy Industries Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Qingdao Tianneng Heavy Industries Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see Qingdao Tianneng Heavy Industries Co Ltd stock valuation for the company's overall valuation and market capitalisation.
Qingdao Tianneng Heavy Industries Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Tianneng Heavy Industries Co Ltd's total assets of CN¥12.48 Billion consist of 52.8% current assets and 47.2% non-current assets. Review Qingdao Tianneng Heavy Industries Co Ltd (300569) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.1% |
| Accounts Receivable | CN¥3.32 Billion | 27.8% |
| Inventory | CN¥1.57 Billion | 13.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥289.42 Million | 2.4% |
| Goodwill | CN¥3.60 Million | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qingdao Tianneng Heavy Industries 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. See 300569 live share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Tianneng Heavy Industries Co Ltd's current assets represent 52.8% of total assets in 2024, a decrease from 80.0% in 2011.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, down from 20.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 27.8% of total assets.
Qingdao Tianneng Heavy Industries Co Ltd Competitors by Total Assets
Key competitors of Qingdao Tianneng Heavy Industries Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Schindler Holding AG
SW:SCHN
|
Switzerland | CHF11.89 Billion |
|
Symbotic Inc
NASDAQ:SYM
|
USA | $3.52 Billion |
|
Sulzer AG
SW:SUN
|
Switzerland | CHF4.72 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $2.26 Billion |
|
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
|
China | CN¥6.41 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr182.23 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
Qingdao Tianneng Heavy Industries 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 | 1.48 | 1.76 | 1.16 |
| Quick Ratio | 0.94 | 1.28 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.18 Billion | CN¥2.80 Billion | CN¥507.84 Million |
Qingdao Tianneng Heavy Industries Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Tianneng Heavy Industries 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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -6.9% |
| Total Assets | CN¥11.95 Billion |
| Market Capitalization | $757.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Tianneng Heavy Industries Co Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qingdao Tianneng Heavy Industries Co Ltd's assets decreased by 6.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qingdao Tianneng Heavy Industries Co Ltd (2011–2024)
The table below shows the annual total assets of Qingdao Tianneng Heavy Industries Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.95 Billion ≈ $1.75 Billion |
-6.94% |
| 2023-12-31 | CN¥12.84 Billion ≈ $1.88 Billion |
+15.03% |
| 2022-12-31 | CN¥11.16 Billion ≈ $1.63 Billion |
+13.10% |
| 2021-12-31 | CN¥9.87 Billion ≈ $1.44 Billion |
+29.83% |
| 2020-12-31 | CN¥7.60 Billion ≈ $1.11 Billion |
+30.71% |
| 2019-12-31 | CN¥5.82 Billion ≈ $851.23 Million |
+78.16% |
| 2018-12-31 | CN¥3.27 Billion ≈ $477.80 Million |
+31.94% |
| 2017-12-31 | CN¥2.47 Billion ≈ $362.14 Million |
+17.81% |
| 2016-12-31 | CN¥2.10 Billion ≈ $307.40 Million |
+47.65% |
| 2015-12-31 | CN¥1.42 Billion ≈ $208.20 Million |
+23.38% |
| 2014-12-31 | CN¥1.15 Billion ≈ $168.75 Million |
+1.91% |
| 2013-12-31 | CN¥1.13 Billion ≈ $165.59 Million |
+37.91% |
| 2012-12-31 | CN¥820.53 Million ≈ $120.07 Million |
+10.97% |
| 2011-12-31 | CN¥739.44 Million ≈ $108.20 Million |
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About Qingdao Tianneng Heavy Industries Co Ltd
Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects,… Read more