Tongqinglou Dining Co Ltd (605108) - Total Assets
Based on the latest financial reports, Tongqinglou Dining Co Ltd (605108) holds total assets worth CN¥5.62 Billion CNY (≈ $823.11 Million USD) as of June 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. Check Tongqinglou Dining Co Ltd (605108) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Tongqinglou Dining Co Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Tongqinglou Dining Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 605108 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Tongqinglou Dining Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongqinglou Dining Co Ltd's total assets of CN¥5.62 Billion consist of 12.0% current assets and 88.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 2.8% |
| Accounts Receivable | CN¥46.10 Million | 0.9% |
| Inventory | CN¥120.69 Million | 2.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥651.57 Million | 12.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tongqinglou Dining 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. For live market cap, price, and company overview, see 605108 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tongqinglou Dining Co Ltd's current assets represent 12.0% of total assets in 2024, a decrease from 34.2% in 2019.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 20.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 11.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 12.1% of total assets.
Tongqinglou Dining Co Ltd Competitors by Total Assets
Key competitors of Tongqinglou Dining Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
K-Bro Linen Inc.
TO:KBL
|
Canada | CA$697.96 Million |
|
Capita PLC
LSE:CPI
|
UK | £1.74 Billion |
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
GKW Limited
NSE:GKWLIMITED
|
India | Rs32.12 Billion |
|
Brambles Ltd
AU:BXB
|
Australia | AU$9.10 Billion |
|
Smartgroup Corporation Ltd
AU:SIQ
|
Australia | AU$714.40 Million |
|
Mader Group Ltd
AU:MAD
|
Australia | AU$350.75 Million |
|
IPH Ltd
AU:IPH
|
Australia | AU$1.28 Billion |
Tongqinglou Dining 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 | 0.46 | 0.56 | 2.32 |
| Quick Ratio | 0.38 | 0.46 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-832.18 Million | CN¥-433.58 Million | CN¥521.62 Million |
Tongqinglou Dining Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tongqinglou Dining 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 | 2.21 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 34.7% |
| Total Assets | CN¥5.37 Billion |
| Market Capitalization | $464.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tongqinglou Dining Co Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tongqinglou Dining Co Ltd's assets grew by 34.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tongqinglou Dining Co Ltd (2019–2024)
The table below shows the annual total assets of Tongqinglou Dining Co Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.37 Billion ≈ $785.11 Million |
+34.68% |
| 2023-12-31 | CN¥3.98 Billion ≈ $582.93 Million |
+37.29% |
| 2022-12-31 | CN¥2.90 Billion ≈ $424.60 Million |
+2.24% |
| 2021-12-31 | CN¥2.84 Billion ≈ $415.31 Million |
+7.89% |
| 2020-12-31 | CN¥2.63 Billion ≈ $384.93 Million |
+97.75% |
| 2019-12-31 | CN¥1.33 Billion ≈ $194.66 Million |
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About Tongqinglou Dining Co Ltd
Tongqinglou Catering Co., Ltd. provides catering services in China. It is also involved in the banquet and wedding, hotel accommodation, and restaurant businesses. The company was founded in 2005 and is based in Hefei, China.