Tay Ninh Cable Car Tour Co.
Tay Ninh Cable Car Tour Company engages in transporting tourists, goods, and supplies by cable car in Vietnam. It also provides slides and other services. The company was founded in 1998 and is headquartered in Tây Ninh, Vietnam.
Tay Ninh Cable Car Tour Co. (TCT) - Total Assets
Latest total assets as of June 2025: ₫367.21 Billion VND
Based on the latest financial reports, Tay Ninh Cable Car Tour Co. (TCT) holds total assets worth ₫367.21 Billion VND 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.
Tay Ninh Cable Car Tour Co. - Total Assets Trend (2019–2024)
This chart illustrates how Tay Ninh Cable Car Tour Co.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tay Ninh Cable Car Tour Co. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tay Ninh Cable Car Tour Co.'s total assets of ₫367.21 Billion consist of 96.4% current assets and 3.7% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 0.7% |
| Accounts Receivable | ₫1.06 Billion | 0.3% |
| Inventory | ₫9.71 Billion | 2.8% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫0.00 | 0.0% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tay Ninh Cable Car Tour Co.'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: Tay Ninh Cable Car Tour Co.'s current assets represent 96.4% of total assets in 2024, an increase from 76.1% in 2019.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 8.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 2.8% of total assets.
Tay Ninh Cable Car Tour Co. Competitors by Total Assets
Key competitors of Tay Ninh Cable Car Tour Co. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
China | CN¥1.08 Billion |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
Tay Ninh Cable Car Tour Co. - 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
Lower asset utilization - Tay Ninh Cable Car Tour Co. generates 0.08x 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, Tay Ninh Cable Car Tour Co. generates $ 3.15 in net profit.
Tay Ninh Cable Car Tour Co. - 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 | 26.24 | 19.03 | 14.01 |
| Quick Ratio | 25.60 | 18.37 | 13.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫341.27 Billion | ₫ 330.12 Billion | ₫ 311.97 Billion |
Tay Ninh Cable Car Tour Co. - Advanced Valuation Insights
This section examines the relationship between Tay Ninh Cable Car Tour Co.'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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | ₫343.03 Billion |
| Market Capitalization | $7.60K USD |
Valuation Analysis
Below Book Valuation: The market values Tay Ninh Cable Car Tour Co.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tay Ninh Cable Car Tour Co.'s assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tay Ninh Cable Car Tour Co. (2019–2024)
The table below shows the annual total assets of Tay Ninh Cable Car Tour Co. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₫343.03 Billion | -5.15% |
| 2023-12-31 | ₫361.68 Billion | +5.40% |
| 2022-12-31 | ₫343.13 Billion | +11.57% |
| 2021-12-31 | ₫307.55 Billion | -5.34% |
| 2020-12-31 | ₫324.92 Billion | -11.74% |
| 2019-12-31 | ₫368.12 Billion | -- |