Tongwei Co Ltd
Tongwei Co.,Ltd engages in the production and distribution of feed products in China and internationally. The company offers fish feed, pig feed, poultry feed and freshwater and aquatic feed; aquatic products; breeding and seedling cultivation; production, wholesale and retail of veterinary drugs, feed pharmaceutical additives; slaughter and processing of fish, pig, duck food and sales of fresh f… Read more
Tongwei Co Ltd (600438) - Total Assets
Latest total assets as of September 2025: CN¥201.32 Billion CNY
Based on the latest financial reports, Tongwei Co Ltd (600438) holds total assets worth CN¥201.32 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.
Tongwei Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how Tongwei Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongwei Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongwei Co Ltd's total assets of CN¥201.32 Billion consist of 33.8% current assets and 66.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.4% |
| Accounts Receivable | CN¥17.26 Billion | 8.8% |
| Inventory | CN¥12.63 Billion | 6.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.85 Billion | 2.5% |
| Goodwill | CN¥469.24 Million | 0.2% |
Asset Composition Trend (2000–2024)
This chart illustrates how Tongwei 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: Tongwei Co Ltd's current assets represent 33.8% of total assets in 2024, a decrease from 76.6% in 2000.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2024, down from 13.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 8.8% of total assets.
Tongwei Co Ltd Competitors by Total Assets
Key competitors of Tongwei Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Tongwei 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 - Tongwei Co Ltd generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tongwei Co Ltd is currently not profitable relative to its asset base.
Tongwei 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 | 1.24 | 1.09 | 1.14 |
| Quick Ratio | 0.99 | 0.89 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥14.58 Billion | CN¥ 5.44 Billion | CN¥ 3.21 Billion |
Tongwei Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tongwei 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 | 1.86 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 19.2% |
| Total Assets | CN¥195.92 Billion |
| Market Capitalization | $5.96 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongwei Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tongwei Co Ltd's assets grew by 19.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tongwei Co Ltd (2000–2024)
The table below shows the annual total assets of Tongwei Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥195.92 Billion | +19.20% |
| 2023-12-31 | CN¥164.36 Billion | +13.16% |
| 2022-12-31 | CN¥145.24 Billion | +64.58% |
| 2021-12-31 | CN¥88.25 Billion | +37.35% |
| 2020-12-31 | CN¥64.25 Billion | +37.23% |
| 2019-12-31 | CN¥46.82 Billion | +21.66% |
| 2018-12-31 | CN¥38.48 Billion | +50.63% |
| 2017-12-31 | CN¥25.55 Billion | +19.39% |
| 2016-12-31 | CN¥21.40 Billion | +251.39% |
| 2015-12-31 | CN¥6.09 Billion | -1.45% |
| 2014-12-31 | CN¥6.18 Billion | +15.80% |
| 2013-12-31 | CN¥5.34 Billion | +17.51% |
| 2012-12-31 | CN¥4.54 Billion | +14.63% |
| 2011-12-31 | CN¥3.96 Billion | +7.57% |
| 2010-12-31 | CN¥3.68 Billion | -34.37% |
| 2009-12-31 | CN¥5.61 Billion | +8.84% |
| 2008-12-31 | CN¥5.16 Billion | +66.17% |
| 2007-12-31 | CN¥3.10 Billion | +32.66% |
| 2006-12-31 | CN¥2.34 Billion | +63.80% |
| 2005-12-31 | CN¥1.43 Billion | +24.66% |
| 2004-12-31 | CN¥1.15 Billion | +26.87% |
| 2003-12-31 | CN¥902.78 Million | +49.53% |
| 2002-12-31 | CN¥603.72 Million | +32.35% |
| 2001-12-31 | CN¥456.15 Million | +100.27% |
| 2000-12-31 | CN¥227.77 Million | -- |