Tongling Jingd
Tongling Jingda Special Magnet Wire Co., Ltd. manufactures and sells special magnet wires in China and internationally. The company offers enameled aluminum wire, such as round, flat, and copper clad aluminum; bare copper wire and oxygen free copper rods; and specialty wires, including litz, stranded bare copper, and parallel wires. It also provides automobile, electronic, alloy conductor, and dr… Read more
Tongling Jingd (600577) - Total Assets
Latest total assets as of September 2025: CN¥14.15 Billion CNY
Based on the latest financial reports, Tongling Jingd (600577) holds total assets worth CN¥14.15 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.
Tongling Jingd - Total Assets Trend (2000–2024)
This chart illustrates how Tongling Jingd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongling Jingd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongling Jingd's total assets of CN¥14.15 Billion consist of 77.7% current assets and 22.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.9% |
| Accounts Receivable | CN¥6.35 Billion | 50.3% |
| Inventory | CN¥1.78 Billion | 14.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥265.92 Million | 2.1% |
| Goodwill | CN¥97.44 Million | 0.8% |
Asset Composition Trend (2000–2024)
This chart illustrates how Tongling Jingd'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: Tongling Jingd's current assets represent 77.7% of total assets in 2024, an increase from 59.9% in 2000.
- Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, up from 4.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 50.3% of total assets.
Tongling Jingd Competitors by Total Assets
Key competitors of Tongling Jingd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Tongling Jingd - 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
Strong asset utilization - Tongling Jingd generates 1.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Tongling Jingd generates $ 4.45 in net profit.
Tongling Jingd - 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 | 1.53 | 1.55 | 1.82 |
| Quick Ratio | 1.27 | 1.24 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.93 Billion | CN¥ 3.55 Billion | CN¥ 3.23 Billion |
Tongling Jingd - Advanced Valuation Insights
This section examines the relationship between Tongling Jingd'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 | 4.93 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 11.6% |
| Total Assets | CN¥12.63 Billion |
| Market Capitalization | $3.72 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongling Jingd's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tongling Jingd's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tongling Jingd (2000–2024)
The table below shows the annual total assets of Tongling Jingd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.63 Billion | +11.61% |
| 2023-12-31 | CN¥11.31 Billion | +4.21% |
| 2022-12-31 | CN¥10.86 Billion | +7.16% |
| 2021-12-31 | CN¥10.13 Billion | +12.99% |
| 2020-12-31 | CN¥8.97 Billion | +43.53% |
| 2019-12-31 | CN¥6.25 Billion | +11.07% |
| 2018-12-31 | CN¥5.62 Billion | -2.63% |
| 2017-12-31 | CN¥5.78 Billion | +17.76% |
| 2016-12-31 | CN¥4.91 Billion | +9.91% |
| 2015-12-31 | CN¥4.46 Billion | -14.20% |
| 2014-12-31 | CN¥5.20 Billion | +4.67% |
| 2013-12-31 | CN¥4.97 Billion | +18.92% |
| 2012-12-31 | CN¥4.18 Billion | -12.67% |
| 2011-12-31 | CN¥4.79 Billion | +40.03% |
| 2010-12-31 | CN¥3.42 Billion | +25.67% |
| 2009-12-31 | CN¥2.72 Billion | +42.22% |
| 2008-12-31 | CN¥1.91 Billion | -16.42% |
| 2007-12-31 | CN¥2.29 Billion | +15.78% |
| 2006-12-31 | CN¥1.98 Billion | +32.94% |
| 2005-12-31 | CN¥1.49 Billion | +53.92% |
| 2004-12-31 | CN¥965.60 Million | +34.43% |
| 2003-12-31 | CN¥718.31 Million | +52.67% |
| 2002-12-31 | CN¥470.50 Million | +96.47% |
| 2001-12-31 | CN¥239.48 Million | +42.78% |
| 2000-12-31 | CN¥167.72 Million | -- |