Zhejiang Tiantie Industry Co Ltd (300587) - Total Assets
Based on the latest financial reports, Zhejiang Tiantie Industry Co Ltd (300587) holds total assets worth CN¥6.15 Billion CNY (≈ $899.77 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 Zhejiang Tiantie Industry Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang Tiantie Industry Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Zhejiang Tiantie Industry Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 300587 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Zhejiang Tiantie Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Tiantie Industry Co Ltd's total assets of CN¥6.15 Billion consist of 48.2% current assets and 51.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.8% |
| Accounts Receivable | CN¥1.85 Billion | 32.1% |
| Inventory | CN¥516.99 Million | 9.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥247.00 Million | 4.3% |
| Goodwill | CN¥169.48 Million | 2.9% |
Asset Composition Trend (2011–2024)
This chart illustrates how Zhejiang Tiantie Industry 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 how much is Zhejiang Tiantie Industry Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Tiantie Industry Co Ltd's current assets represent 48.2% of total assets in 2024, a decrease from 65.5% in 2011.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2024, down from 16.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, unchanged from 6.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 32.1% of total assets.
Zhejiang Tiantie Industry Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Tiantie Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Union Pacific Corporation
NYSE:UNP
|
USA | $69.64 Billion |
|
China Railway Tielong Container Logistics Co Ltd
SHG:600125
|
China | CN¥10.43 Billion |
|
GurSel Turizm Tasimacilik Ve Servis Ticaret AS
IS:GRSEL
|
Turkey | TL13.80 Billion |
|
TangYuan Electric
SHE:300789
|
China | CN¥1.48 Billion |
|
Jiangxi Changyun Co Ltd
SHG:600561
|
China | CN¥4.32 Billion |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB
|
Germany | €585.37 Million |
|
Chunil Express
KO:000650
|
Korea | ₩53.84 Billion |
|
Aurizon Holdings Ltd
AU:AZJ
|
Australia | AU$11.62 Billion |
Zhejiang Tiantie Industry 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 | 1.15 | 1.49 | 2.06 |
| Quick Ratio | 0.90 | 1.16 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥361.38 Million | CN¥976.78 Million | CN¥958.32 Million |
Zhejiang Tiantie Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tiantie Industry 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 | 3.41 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | CN¥5.77 Billion |
| Market Capitalization | $858.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tiantie Industry Co Ltd's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Tiantie Industry Co Ltd's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Tiantie Industry Co Ltd (2011–2024)
The table below shows the annual total assets of Zhejiang Tiantie Industry Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.77 Billion ≈ $844.61 Million |
+9.50% |
| 2023-12-31 | CN¥5.27 Billion ≈ $771.30 Million |
+2.89% |
| 2022-12-31 | CN¥5.12 Billion ≈ $749.66 Million |
+25.50% |
| 2021-12-31 | CN¥4.08 Billion ≈ $597.32 Million |
+37.65% |
| 2020-12-31 | CN¥2.97 Billion ≈ $433.94 Million |
+26.40% |
| 2019-12-31 | CN¥2.35 Billion ≈ $343.32 Million |
+32.37% |
| 2018-12-31 | CN¥1.77 Billion ≈ $259.35 Million |
+79.15% |
| 2017-12-31 | CN¥989.30 Million ≈ $144.77 Million |
+4.92% |
| 2016-12-31 | CN¥942.89 Million ≈ $137.97 Million |
+69.02% |
| 2015-12-31 | CN¥557.87 Million ≈ $81.63 Million |
+16.67% |
| 2014-12-31 | CN¥478.15 Million ≈ $69.97 Million |
-2.80% |
| 2013-12-31 | CN¥491.90 Million ≈ $71.98 Million |
+18.57% |
| 2012-12-31 | CN¥414.88 Million ≈ $60.71 Million |
+14.99% |
| 2011-12-31 | CN¥360.80 Million ≈ $52.80 Million |
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About Zhejiang Tiantie Industry Co Ltd
Zhejiang Tiantie Science and Technology Co., Ltd. engages in the provision of noise reduction and vibration mitigation technology for rail, road, level crossing, buildings, and industrial applications in China. The company also involved in the development and manufacture of rubber products. It also offers seismic isolators for buildings, such as natural rubber bearing, lead rubber bearing, high d… Read more