T&S Communications Co Ltd (300570) - Total Assets
Based on the latest financial reports, T&S Communications Co Ltd (300570) holds total assets worth CN¥2.12 Billion CNY (≈ $309.92 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. Check T&S Communications Co Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
T&S Communications Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how T&S Communications Co Ltd's total assets have evolved over time, based on quarterly financial data. Check how high is T&S Communications Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
T&S Communications Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
T&S Communications Co Ltd's total assets of CN¥2.12 Billion consist of 84.7% current assets and 15.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.7% |
| Accounts Receivable | CN¥503.71 Million | 25.3% |
| Inventory | CN¥307.35 Million | 15.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥46.70 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how T&S Communications 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 market cap of T&S Communications Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: T&S Communications Co Ltd's current assets represent 84.7% of total assets in 2024, an increase from 69.4% in 2011.
- Cash Position: Cash and equivalents constituted 23.7% of total assets in 2024, up from 12.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 25.3% of total assets.
T&S Communications Co Ltd Competitors by Total Assets
Key competitors of T&S Communications Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ZTE Corp
SHE:000063
|
China | CN¥225.72 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
China | CN¥10.06 Billion |
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544
|
China | CN¥9.38 Billion |
|
Wingtech Technology Co Ltd
SHG:600745
|
China | CN¥40.94 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
China | CN¥3.01 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Zhejiang Shengyang Science
SHG:603703
|
China | CN¥2.15 Billion |
|
AVIT Ltd
SHE:300264
|
China | CN¥208.96 Million |
T&S Communications 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 | 4.45 | 4.01 | 7.03 |
| Quick Ratio | 3.64 | 3.31 | 5.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.40 Billion | CN¥1.17 Billion | CN¥797.15 Million |
T&S Communications Co Ltd - Advanced Valuation Insights
This section examines the relationship between T&S Communications 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 | 19.59 |
| Latest Market Cap to Assets Ratio | 4.48 |
| Asset Growth Rate (YoY) | 18.9% |
| Total Assets | CN¥1.99 Billion |
| Market Capitalization | $8.93 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values T&S Communications Co Ltd's assets at a significant premium (4.48x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: T&S Communications Co Ltd's assets grew by 18.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for T&S Communications Co Ltd (2011–2024)
The table below shows the annual total assets of T&S Communications Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.99 Billion ≈ $291.78 Million |
+18.88% |
| 2023-12-31 | CN¥1.68 Billion ≈ $245.45 Million |
+7.93% |
| 2022-12-31 | CN¥1.55 Billion ≈ $227.41 Million |
+14.96% |
| 2021-12-31 | CN¥1.35 Billion ≈ $197.81 Million |
-5.59% |
| 2020-12-31 | CN¥1.43 Billion ≈ $209.52 Million |
-3.65% |
| 2019-12-31 | CN¥1.49 Billion ≈ $217.45 Million |
+0.41% |
| 2018-12-31 | CN¥1.48 Billion ≈ $216.55 Million |
+17.11% |
| 2017-12-31 | CN¥1.26 Billion ≈ $184.92 Million |
+7.89% |
| 2016-12-31 | CN¥1.17 Billion ≈ $171.40 Million |
+148.65% |
| 2015-12-31 | CN¥471.07 Million ≈ $68.93 Million |
+25.17% |
| 2014-12-31 | CN¥376.35 Million ≈ $55.07 Million |
+29.98% |
| 2013-12-31 | CN¥289.54 Million ≈ $42.37 Million |
+32.92% |
| 2012-12-31 | CN¥217.83 Million ≈ $31.87 Million |
+31.42% |
| 2011-12-31 | CN¥165.75 Million ≈ $24.25 Million |
-- |
About T&S Communications Co Ltd
T&S Communications Co.,Ltd. develops, manufactures, and sells fiber optics communication products in China. It offers fiber optical transceivers, active optical cables (AOC), and direct attach cables (DAC); and fiber optical cable assemblies comprising fiber optic patch cords, pre-terminated multifiber optic cables, MTP/MPO cable assemblies, very small form factor (VSFF) cable assemblies, shuffle… Read more