Tong Ming Enterprise Co Ltd
Tong Ming Enterprise Co., Ltd., together with its subsidiaries, manufactures and sells stainless steel fasteners and wires under the TONG brand name in China and internationally. It offers fasteners, such as screws, nuts, industrial rice, and threaded rods; and stainless-steel wires, which are used as customized raw materials for manufacturing small screws, kitchen supplies, mesh belts, re-stretc… Read more
Tong Ming Enterprise Co Ltd (5538) - Total Assets
Latest total assets as of September 2025: NT$13.47 Billion TWD
Based on the latest financial reports, Tong Ming Enterprise Co Ltd (5538) holds total assets worth NT$13.47 Billion TWD 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.
Tong Ming Enterprise Co Ltd - Total Assets Trend (2010–2024)
This chart illustrates how Tong Ming Enterprise Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tong Ming Enterprise Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tong Ming Enterprise Co Ltd's total assets of NT$13.47 Billion consist of 74.4% current assets and 25.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.1% |
| Accounts Receivable | NT$2.82 Billion | 20.2% |
| Inventory | NT$4.84 Billion | 34.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$65.90 Million | 0.5% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Tong Ming Enterprise 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: Tong Ming Enterprise Co Ltd's current assets represent 74.4% of total assets in 2024, a decrease from 77.8% in 2010.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, down from 8.3% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 34.7% of total assets.
Tong Ming Enterprise Co Ltd Competitors by Total Assets
Key competitors of Tong Ming Enterprise Co Ltd 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 |
Tong Ming Enterprise 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
Strong asset utilization - Tong Ming Enterprise Co Ltd generates 0.90x 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, Tong Ming Enterprise Co Ltd generates $ 4.13 in net profit.
Tong Ming Enterprise 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 | 2.20 | 2.28 | 2.24 |
| Quick Ratio | 1.18 | 1.17 | 1.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$5.57 Billion | NT$ 5.74 Billion | NT$ 4.20 Billion |
Tong Ming Enterprise Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tong Ming Enterprise 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 | 0.93 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.5% |
| Total Assets | NT$13.95 Billion |
| Market Capitalization | $21.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tong Ming Enterprise Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tong Ming Enterprise Co Ltd's assets grew by 13.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tong Ming Enterprise Co Ltd (2010–2024)
The table below shows the annual total assets of Tong Ming Enterprise Co Ltd from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.95 Billion | +13.52% |
| 2023-12-31 | NT$12.29 Billion | -9.22% |
| 2022-12-31 | NT$13.53 Billion | +13.86% |
| 2021-12-31 | NT$11.89 Billion | +34.23% |
| 2020-12-31 | NT$8.86 Billion | +20.82% |
| 2019-12-31 | NT$7.33 Billion | -4.33% |
| 2018-12-31 | NT$7.66 Billion | +14.49% |
| 2017-12-31 | NT$6.69 Billion | +33.55% |
| 2016-12-31 | NT$5.01 Billion | -1.35% |
| 2015-12-31 | NT$5.08 Billion | -2.69% |
| 2014-12-31 | NT$5.22 Billion | -1.79% |
| 2013-12-31 | NT$5.31 Billion | +18.51% |
| 2012-12-31 | NT$4.48 Billion | +0.52% |
| 2011-12-31 | NT$4.46 Billion | +0.16% |
| 2010-12-31 | NT$4.45 Billion | -- |