TianJin 712 Communication & Broadcasting Co Ltd

SHG:603712 China Communication Equipment
Market Cap
$1.93 Billion
CN¥14.17 Billion CNY
Market Cap Rank
#7406 Global
#1254 in China
Share Price
CN¥18.35
Change (1 day)
-2.60%
52-Week Range
CN¥17.76 - CN¥25.31
All Time High
CN¥56.89
About

TianJin 712 Communication & Broadcasting Co., Ltd. engages in the research and development, production, and sale of tactical radio, airborne station, railway communication radio, and other communication equipment in China and internationally. Its products include aeronautical radio; wireless train dispatch; urban mass; digital radio plane shunting, including locomotive controller, shunting area m… Read more

TianJin 712 Communication & Broadcasting Co Ltd (603712) - Total Assets

Latest total assets as of September 2025: CN¥8.97 Billion CNY

Based on the latest financial reports, TianJin 712 Communication & Broadcasting Co Ltd (603712) holds total assets worth CN¥8.97 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.

TianJin 712 Communication & Broadcasting Co Ltd - Total Assets Trend (2013–2024)

This chart illustrates how TianJin 712 Communication & Broadcasting Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

TianJin 712 Communication & Broadcasting Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

TianJin 712 Communication & Broadcasting Co Ltd's total assets of CN¥8.97 Billion consist of 85.2% current assets and 14.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 4.7%
Accounts Receivable CN¥3.92 Billion 43.6%
Inventory CN¥2.57 Billion 28.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥68.75 Million 0.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2013–2024)

This chart illustrates how TianJin 712 Communication & Broadcasting 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: TianJin 712 Communication & Broadcasting Co Ltd's current assets represent 85.2% of total assets in 2024, an increase from 75.5% in 2013.
  • Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 14.5% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2013.
  • Asset Diversification: The largest asset category is accounts receivable at 43.6% of total assets.

TianJin 712 Communication & Broadcasting Co Ltd Competitors by Total Assets

Key competitors of TianJin 712 Communication & Broadcasting Co Ltd based on total assets are shown below.

TianJin 712 Communication & Broadcasting 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

Historical Range: 0.24 - 0.52

Lower asset utilization - TianJin 712 Communication & Broadcasting Co Ltd generates 0.24x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -2.76% - 8.12%

Negative ROA - TianJin 712 Communication & Broadcasting Co Ltd is currently not profitable relative to its asset base.

TianJin 712 Communication & Broadcasting 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 2.08 2.28 1.61
Quick Ratio 1.34 1.50 0.86
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.92 Billion CN¥ 4.42 Billion CN¥ 2.30 Billion

TianJin 712 Communication & Broadcasting Co Ltd - Advanced Valuation Insights

This section examines the relationship between TianJin 712 Communication & Broadcasting 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 3.60
Latest Market Cap to Assets Ratio 0.11
Asset Growth Rate (YoY) -7.9%
Total Assets CN¥9.00 Billion
Market Capitalization $980.87 Million USD

Valuation Analysis

Below Book Valuation: The market values TianJin 712 Communication & Broadcasting Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: TianJin 712 Communication & Broadcasting Co Ltd's assets decreased by 7.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for TianJin 712 Communication & Broadcasting Co Ltd (2013–2024)

The table below shows the annual total assets of TianJin 712 Communication & Broadcasting Co Ltd from 2013 to 2024.

Year Total Assets Change
2024-12-31 CN¥9.00 Billion -7.86%
2023-12-31 CN¥9.77 Billion -0.57%
2022-12-31 CN¥9.82 Billion +14.39%
2021-12-31 CN¥8.59 Billion +24.91%
2020-12-31 CN¥6.87 Billion +25.81%
2019-12-31 CN¥5.46 Billion +15.51%
2018-12-31 CN¥4.73 Billion +31.04%
2017-12-31 CN¥3.61 Billion +5.38%
2016-12-31 CN¥3.43 Billion +18.56%
2015-12-31 CN¥2.89 Billion +16.12%
2014-12-31 CN¥2.49 Billion -6.42%
2013-12-31 CN¥2.66 Billion --