Zhejiang Tony Electronic Co Ltd
Zhejiang Tony Electronic Co., Ltd engages in the research, development, production, and sale of ultra-fine alloy wires and metal matrix composite materials worldwide. The company offers consumer electronics, including magnetic materials, conductors, enameled wires, and copper coils; new energy vehicles, such as FPC circuit board and CCS products, tab lead and AI-plastic films, cables, and cable h… Read more
Zhejiang Tony Electronic Co Ltd (603595) - Total Assets
Latest total assets as of September 2025: CN¥4.94 Billion CNY
Based on the latest financial reports, Zhejiang Tony Electronic Co Ltd (603595) holds total assets worth CN¥4.94 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 Tony Electronic Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Zhejiang Tony Electronic Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Tony Electronic Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Tony Electronic Co Ltd's total assets of CN¥4.94 Billion consist of 28.6% current assets and 71.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.2% |
| Accounts Receivable | CN¥641.80 Million | 12.6% |
| Inventory | CN¥588.70 Million | 11.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥58.27 Million | 1.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Zhejiang Tony Electronic 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 Tony Electronic Co Ltd's current assets represent 28.6% of total assets in 2024, a decrease from 71.2% in 2013.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, down from 12.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 12.6% of total assets.
Zhejiang Tony Electronic Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Tony Electronic Co Ltd 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 |
Zhejiang Tony Electronic 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
Lower asset utilization - Zhejiang Tony Electronic Co Ltd generates 0.39x 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, Zhejiang Tony Electronic Co Ltd generates $ 0.23 in net profit.
Zhejiang Tony Electronic 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 | 0.52 | 0.59 | 1.35 |
| Quick Ratio | 0.26 | 0.38 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.35 Billion | CN¥ -1.20 Billion | CN¥ 244.40 Million |
Zhejiang Tony Electronic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Tony Electronic 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 | 2.51 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.0% |
| Total Assets | CN¥5.09 Billion |
| Market Capitalization | $225.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Tony Electronic Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Tony Electronic Co Ltd's assets decreased by 4.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Tony Electronic Co Ltd (2013–2024)
The table below shows the annual total assets of Zhejiang Tony Electronic Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.09 Billion | -4.03% |
| 2023-12-31 | CN¥5.30 Billion | +23.63% |
| 2022-12-31 | CN¥4.29 Billion | +31.08% |
| 2021-12-31 | CN¥3.27 Billion | +47.70% |
| 2020-12-31 | CN¥2.21 Billion | +17.50% |
| 2019-12-31 | CN¥1.89 Billion | +30.56% |
| 2018-12-31 | CN¥1.44 Billion | +16.69% |
| 2017-12-31 | CN¥1.24 Billion | +162.03% |
| 2016-12-31 | CN¥472.19 Million | +40.49% |
| 2015-12-31 | CN¥336.10 Million | +54.04% |
| 2014-12-31 | CN¥218.19 Million | +31.06% |
| 2013-12-31 | CN¥166.49 Million | -- |