Tongwei Co Ltd Total Assets
Tongwei Co Ltd total assets. Based on the latest financial reports, Tongwei Co Ltd (600438) holds total assets worth CN¥179.68 Billion CNY (≈ $26.29 Billion USD) as of June 2026. 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. Also see Tongwei Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Tongwei Co Ltd (2000–2025)
Total assets of Tongwei Co Ltd from 2000 to 2025. This chart illustrates how Tongwei Co Ltd's total assets have evolved over time, based on quarterly financial data. See 600438 share price today for real-time trading data and today's change.
Tongwei Co Ltd - Asset Composition Analysis
Tongwei Co Ltd Total Assets Breakdown (December 2025)
Tongwei Co Ltd total assets breakdown as of December 2025. Tongwei Co Ltd's total assets of CN¥179.68 Billion consist of 35.3% current assets and 64.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.3% |
| Accounts Receivable | CN¥6.86 Billion | 3.7% |
| Inventory | CN¥14.88 Billion | 7.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥4.99 Billion | 2.7% |
| Goodwill | CN¥243.87 Million | 0.1% |
Asset Composition Trend (2000–2025)
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. Explore Tongwei Co Ltd current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tongwei Co Ltd's current assets represent 35.3% of total assets in 2025, a decrease from 76.6% in 2000.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2025, 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 inventory at 7.9% 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 |
|---|---|---|
|
Waaree Energies Limited
NSE:WAAREEENER
|
India | Rs301.15 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥16.02 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥17.10 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
China | CN¥13.17 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.65 Billion |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
Turkey | TL11.80 Billion |
|
Urja Global Limited
NSE:URJA
|
India | Rs2.48 Billion |
|
Ennogie Solar Group A/S
CO:ESG
|
Denmark | Dkr76.67 Million |
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 | 1.03 | 1.21 | 0.96 |
| Quick Ratio | 0.80 | 0.99 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.77 Billion | CN¥12.89 Billion | CN¥-1.34 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 | 1.56 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | CN¥187.78 Billion |
| Market Capitalization | $7.56 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongwei Co Ltd's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Tongwei Co Ltd's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Tongwei Co Ltd (2000–2025)
The table below shows the annual total assets of Tongwei Co Ltd from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥187.78 Billion ≈ $27.48 Billion |
-4.15% |
| 2024-12-31 | CN¥195.92 Billion ≈ $28.67 Billion |
+19.20% |
| 2023-12-31 | CN¥164.36 Billion ≈ $24.05 Billion |
+13.16% |
| 2022-12-31 | CN¥145.24 Billion ≈ $21.25 Billion |
+64.58% |
| 2021-12-31 | CN¥88.25 Billion ≈ $12.91 Billion |
+37.35% |
| 2020-12-31 | CN¥64.25 Billion ≈ $9.40 Billion |
+37.23% |
| 2019-12-31 | CN¥46.82 Billion ≈ $6.85 Billion |
+21.66% |
| 2018-12-31 | CN¥38.48 Billion ≈ $5.63 Billion |
+50.63% |
| 2017-12-31 | CN¥25.55 Billion ≈ $3.74 Billion |
+19.39% |
| 2016-12-31 | CN¥21.40 Billion ≈ $3.13 Billion |
+251.39% |
| 2015-12-31 | CN¥6.09 Billion ≈ $891.12 Million |
-1.45% |
| 2014-12-31 | CN¥6.18 Billion ≈ $904.22 Million |
+15.80% |
| 2013-12-31 | CN¥5.34 Billion ≈ $780.88 Million |
+17.51% |
| 2012-12-31 | CN¥4.54 Billion ≈ $664.52 Million |
+14.63% |
| 2011-12-31 | CN¥3.96 Billion ≈ $579.70 Million |
+7.57% |
| 2010-12-31 | CN¥3.68 Billion ≈ $538.91 Million |
-34.37% |
| 2009-12-31 | CN¥5.61 Billion ≈ $821.10 Million |
+8.84% |
| 2008-12-31 | CN¥5.16 Billion ≈ $754.43 Million |
+66.17% |
| 2007-12-31 | CN¥3.10 Billion ≈ $454.01 Million |
+32.66% |
| 2006-12-31 | CN¥2.34 Billion ≈ $342.23 Million |
+63.80% |
| 2005-12-31 | CN¥1.43 Billion ≈ $208.93 Million |
+24.66% |
| 2004-12-31 | CN¥1.15 Billion ≈ $167.60 Million |
+26.87% |
| 2003-12-31 | CN¥902.78 Million ≈ $132.10 Million |
+49.53% |
| 2002-12-31 | CN¥603.72 Million ≈ $88.34 Million |
+32.35% |
| 2001-12-31 | CN¥456.15 Million ≈ $66.75 Million |
+100.27% |
| 2000-12-31 | CN¥227.77 Million ≈ $33.33 Million |
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About Tongwei Co Ltd
Tongwei Co.,Ltd engages in the production and sales of industrial silicon and high-purity crystalline silicon for solar energy, chemical products, silicon rods, silicon wafers, solar cells, and modules in China and internationally. It is involved in the generation of electricity and related businesses; production and sale of feed, etc.; and aquaculture, seedling cultivation, food processing, etc.… Read more