Zhejiang Tiantai Xianghe Industrial Co Ltd
Zhejiang Tiantai Xianghe Industrial Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of railway track fasteners, electronic components and accessories, and polymer modified materials in China and internationally. The company offers rubber sealing plugs for aluminum electrolytic capacitors, terminal (horn) capacitor covers, bases for surface moun… Read more
Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) - Total Assets
Latest total assets as of September 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) holds total assets worth CN¥1.52 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.
Zhejiang Tiantai Xianghe Industrial Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Zhejiang Tiantai Xianghe Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Tiantai Xianghe Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Tiantai Xianghe Industrial Co Ltd's total assets of CN¥1.52 Billion consist of 63.0% current assets and 37.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.4% |
| Accounts Receivable | CN¥411.71 Million | 27.6% |
| Inventory | CN¥129.40 Million | 8.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥88.87 Million | 6.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Zhejiang Tiantai Xianghe Industrial 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: Zhejiang Tiantai Xianghe Industrial Co Ltd's current assets represent 63.0% of total assets in 2024, an increase from 55.2% in 2013.
- Cash Position: Cash and equivalents constituted 26.4% of total assets in 2024, up from 6.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 4.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 27.6% of total assets.
Zhejiang Tiantai Xianghe Industrial Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Tiantai Xianghe Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China High-Speed Railway Technology
SHE:000008
|
China | CN¥9.11 Billion |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
China | CN¥10.57 Billion |
|
Ningxia Western Venture Industrial Co Ltd
SHE:000557
|
China | CN¥6.96 Billion |
|
Chunil Express
KO:000650
|
Korea | ₩53.84 Billion |
|
Vontron Technology Co Ltd
SHE:000920
|
China | CN¥2.84 Billion |
|
China Railway Materials Co Ltd
SHE:000927
|
China | CN¥20.25 Billion |
|
China Railway Special Cargo Logistics Co. Ltd.
SHE:001213
|
China | CN¥21.12 Billion |
|
Changzhou Evergreen Technology Co. Ltd. A
SHE:001324
|
China | CN¥1.36 Billion |
Zhejiang Tiantai Xianghe Industrial 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 - Zhejiang Tiantai Xianghe Industrial Co Ltd generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhejiang Tiantai Xianghe Industrial Co Ltd generates $5.06 in net profit.
Zhejiang Tiantai Xianghe Industrial 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 | 2.38 | 3.44 | 6.22 |
| Quick Ratio | 2.06 | 2.84 | 5.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥534.75 Million | CN¥ 583.09 Million | CN¥ 561.80 Million |
Zhejiang Tiantai Xianghe Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tiantai Xianghe Industrial 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 | 3.91 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 21.8% |
| Total Assets | CN¥1.49 Billion |
| Market Capitalization | $228.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tiantai Xianghe Industrial Co Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Tiantai Xianghe Industrial Co Ltd's assets grew by 21.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Tiantai Xianghe Industrial Co Ltd (2013–2024)
The table below shows the annual total assets of Zhejiang Tiantai Xianghe Industrial Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.49 Billion | +21.79% |
| 2023-12-31 | CN¥1.22 Billion | +5.93% |
| 2022-12-31 | CN¥1.15 Billion | +6.43% |
| 2021-12-31 | CN¥1.08 Billion | +12.65% |
| 2020-12-31 | CN¥962.98 Million | +0.30% |
| 2019-12-31 | CN¥960.07 Million | +4.56% |
| 2018-12-31 | CN¥918.17 Million | +5.83% |
| 2017-12-31 | CN¥867.61 Million | +79.91% |
| 2016-12-31 | CN¥482.24 Million | -5.10% |
| 2015-12-31 | CN¥508.18 Million | +39.55% |
| 2014-12-31 | CN¥364.16 Million | +21.56% |
| 2013-12-31 | CN¥299.56 Million | -- |