Tianjin Silvery Dragon
Silvery Dragon Group Co., Ltd. Tianjin, together with its subsidiaries, researches, develops, manufactures and sells prestressed steel products in China and internationally. The company offers prestressed materials comprising galvanized (aluminum) wires for bridge cables, PC strands for wind power concrete towers, prestressed galvanized (aluminum) strands for photovoltaic, unbonded galvanized str… Read more
Tianjin Silvery Dragon (603969) - Total Assets
Latest total assets as of September 2025: CN¥4.52 Billion CNY
Based on the latest financial reports, Tianjin Silvery Dragon (603969) holds total assets worth CN¥4.52 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.
Tianjin Silvery Dragon - Total Assets Trend (2011–2024)
This chart illustrates how Tianjin Silvery Dragon’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tianjin Silvery Dragon - Asset Composition Analysis
Current Asset Composition (December 2024)
Tianjin Silvery Dragon's total assets of CN¥4.52 Billion consist of 80.0% current assets and 20.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.2% |
| Accounts Receivable | CN¥2.33 Billion | 59.7% |
| Inventory | CN¥386.52 Million | 9.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥89.87 Million | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Tianjin Silvery Dragon'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 Silvery Dragon's current assets represent 80.0% of total assets in 2024, an increase from 79.9% in 2011.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, down from 8.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 59.7% of total assets.
Tianjin Silvery Dragon Competitors by Total Assets
Key competitors of Tianjin Silvery Dragon based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Tianjin Silvery Dragon - 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 - Tianjin Silvery Dragon generates 0.78x 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, Tianjin Silvery Dragon generates $6.05 in net profit.
Tianjin Silvery Dragon - 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 | 2.35 | 2.50 | 2.74 |
| Quick Ratio | 2.01 | 2.18 | 2.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.12 Billion | CN¥ 1.88 Billion | CN¥ 1.33 Billion |
Tianjin Silvery Dragon - Advanced Valuation Insights
This section examines the relationship between Tianjin Silvery Dragon'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 | 3.19 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 16.2% |
| Total Assets | CN¥3.91 Billion |
| Market Capitalization | $656.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tianjin Silvery Dragon's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tianjin Silvery Dragon's assets grew by 16.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tianjin Silvery Dragon (2011–2024)
The table below shows the annual total assets of Tianjin Silvery Dragon from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.91 Billion | +16.22% |
| 2023-12-31 | CN¥3.37 Billion | +3.76% |
| 2022-12-31 | CN¥3.24 Billion | +4.81% |
| 2021-12-31 | CN¥3.10 Billion | +14.48% |
| 2020-12-31 | CN¥2.70 Billion | -13.51% |
| 2019-12-31 | CN¥3.13 Billion | +16.31% |
| 2018-12-31 | CN¥2.69 Billion | +25.71% |
| 2017-12-31 | CN¥2.14 Billion | +22.12% |
| 2016-12-31 | CN¥1.75 Billion | +8.81% |
| 2015-12-31 | CN¥1.61 Billion | +28.14% |
| 2014-12-31 | CN¥1.26 Billion | +8.06% |
| 2013-12-31 | CN¥1.16 Billion | +17.62% |
| 2012-12-31 | CN¥988.03 Million | +24.54% |
| 2011-12-31 | CN¥793.36 Million | -- |