Jiangsu Tongli Risheng Machinery Co. Ltd. (605286) - Total Assets
Based on the latest financial reports, Jiangsu Tongli Risheng Machinery Co. Ltd. (605286) holds total assets worth CN¥5.31 Billion CNY (≈ $776.33 Million USD) 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. See 605286 net assets for net asset value and shareholders' equity analysis.
Jiangsu Tongli Risheng Machinery Co. Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how Jiangsu Tongli Risheng Machinery Co. Ltd.'s total assets have evolved over time, based on quarterly financial data.
Jiangsu Tongli Risheng Machinery Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Tongli Risheng Machinery Co. Ltd.'s total assets of CN¥5.31 Billion consist of 60.0% current assets and 40.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.5% |
| Accounts Receivable | CN¥1.42 Billion | 30.9% |
| Inventory | CN¥295.58 Million | 6.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥208.41 Million | 4.5% |
| Goodwill | CN¥271.65 Million | 5.9% |
Asset Composition Trend (2016–2024)
This chart illustrates how Jiangsu Tongli Risheng Machinery 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 Jiangsu Tongli Risheng Machinery Co. Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Tongli Risheng Machinery Co. Ltd.'s current assets represent 60.0% of total assets in 2024, a decrease from 68.0% in 2016.
- Cash Position: Cash and equivalents constituted 12.5% of total assets in 2024, up from 3.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 6.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 30.9% of total assets.
Jiangsu Tongli Risheng Machinery Co. Ltd. Competitors by Total Assets
Key competitors of Jiangsu Tongli Risheng Machinery Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥14.72 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥9.06 Billion |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
China | CN¥27.91 Billion |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123
|
China | CN¥8.20 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.57 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.05 Billion |
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
China | CN¥1.99 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Jiangsu Tongli Risheng Machinery 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 | 1.87 | 1.92 | 2.01 |
| Quick Ratio | 1.50 | 1.43 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.56 Billion | CN¥1.41 Billion | CN¥387.86 Million |
Jiangsu Tongli Risheng Machinery Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Jiangsu Tongli Risheng Machinery 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 | 3.57 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 24.1% |
| Total Assets | CN¥4.59 Billion |
| Market Capitalization | $1.00 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Tongli Risheng Machinery Co. Ltd.'s assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiangsu Tongli Risheng Machinery Co. Ltd.'s assets grew by 24.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangsu Tongli Risheng Machinery Co. Ltd. (2016–2024)
The table below shows the annual total assets of Jiangsu Tongli Risheng Machinery Co. Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.59 Billion ≈ $671.04 Million |
+24.10% |
| 2023-12-31 | CN¥3.70 Billion ≈ $540.72 Million |
+26.66% |
| 2022-12-31 | CN¥2.92 Billion ≈ $426.92 Million |
+45.91% |
| 2021-12-31 | CN¥2.00 Billion ≈ $292.59 Million |
+75.20% |
| 2020-12-31 | CN¥1.14 Billion ≈ $167.00 Million |
+12.30% |
| 2019-12-31 | CN¥1.02 Billion ≈ $148.72 Million |
+12.25% |
| 2018-12-31 | CN¥905.41 Million ≈ $132.49 Million |
-3.65% |
| 2017-12-31 | CN¥939.66 Million ≈ $137.50 Million |
+4.57% |
| 2016-12-31 | CN¥898.57 Million ≈ $131.49 Million |
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About Jiangsu Tongli Risheng Machinery Co. Ltd.
Jiangsu Tongli Tianqi Technology Co., Ltd. researches, develops, produces, and sells elevator components in China and internationally. The company provides escalator parts, including skirts, covers, glass supports, balustrades, handrail, etc.; drive systems, such as drive assemblies, stairway guide rails, handrail guide rails, etc.; escalator trusses; elevator metal materials; and various other p… Read more