Xinyi Solar Holdings Ltd Net Assets

Latest as of December 2025: €34.94 Billion EUR ≈ $40.84 Billion USD

Xinyi Solar Holdings Ltd net assets. Based on the latest financial reports, Xinyi Solar Holdings Ltd (13X) has net assets worth €34.94 Billion EUR (≈ $40.84 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€56.92 Billion ≈ $66.54 Billion USD) and total liabilities (€21.98 Billion ≈ $25.70 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore 13X shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets €34.94 Billion
% of Total Assets 61.38%
Annual Growth Rate 25.4%
5-Year Change -2.68%
10-Year Change 370.35%
Growth Volatility 35.16

Net Assets of Xinyi Solar Holdings Ltd (2013–2025)

Net assets of Xinyi Solar Holdings Ltd from 2013 to 2025. This chart illustrates how Xinyi Solar Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See 13X equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Xinyi Solar Holdings Ltd (2013–2025)

The table below shows the annual net assets of Xinyi Solar Holdings Ltd from 2013 to 2025. For live market cap and overall valuation, see Xinyi Solar Holdings Ltd (13X) market capitalisation.

Year Net Assets Change
2025-12-31 €34.94 Billion
≈ $40.84 Billion
+1.54%
2024-12-31 €34.41 Billion
≈ $40.23 Billion
-9.11%
2023-12-31 €37.86 Billion
≈ $44.26 Billion
+7.46%
2022-12-31 €35.23 Billion
≈ $41.19 Billion
-1.86%
2021-12-31 €35.90 Billion
≈ $41.97 Billion
+12.09%
2020-12-31 €32.02 Billion
≈ $37.44 Billion
+72.42%
2019-12-31 €18.57 Billion
≈ $21.71 Billion
+54.02%
2018-12-31 €12.06 Billion
≈ $14.10 Billion
+3.24%
2017-12-31 €11.68 Billion
≈ $13.66 Billion
+57.25%
2016-12-31 €7.43 Billion
≈ $8.68 Billion
+7.78%
2015-12-31 €6.89 Billion
≈ $8.06 Billion
+108.46%
2014-12-31 €3.31 Billion
≈ $3.86 Billion
+43.09%
2013-12-31 €2.31 Billion
≈ $2.70 Billion
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Equity Component Analysis

This analysis shows how different components contribute to Xinyi Solar Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2910.2% over the analyzed period, indicating profitable operations and earnings retention.

Xinyi Solar Holdings Ltd Net Assets Breakdown (December 2025)

Xinyi Solar Holdings Ltd net assets breakdown by equity component as of December 2025.

Component Amount Percentage
Retained Earnings €18.56 Billion 62.22%
Other Components €11.27 Billion 37.78%
Total Equity €29.83 Billion 100.00%

Xinyi Solar Holdings Ltd Competitors by Market Cap

The table below lists competitors of Xinyi Solar Holdings Ltd ranked by their market capitalization.

Company Market Cap
Grupo Aeroméxico, S.A.B. de C.V.
NYSE:AERO
$2.18 Billion
Fleury S.A.
SA:FLRY3
$2.18 Billion
Fabege AB
ST:FABG
$2.18 Billion
Ströer SE & Co. KGaA
F:SAX
$2.18 Billion
Electricity Generating Public Company Limited
BK:EGCO
$2.18 Billion
TAG Immobilien AG
XETRA:TEG
$2.18 Billion
MFF Capital Investments Ltd
AU:MFF
$2.18 Billion
ODFJELL DRILL.LTD. DL-01
F:OD3
$2.18 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinyi Solar Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 29,051,790,000 to 29,831,843,000, a change of 780,053,000 (2.7%).
  • Net income of 844,525,000 contributed positively to equity growth.
  • Dividend payments of 153,289,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €844.52 Million +2.83%
Dividends Paid €153.29 Million -0.51%
Other Changes €88.82 Million +0.3%
Total Change €- 2.69%

Book Value vs Market Value Analysis

This analysis compares Xinyi Solar Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.06x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €1.36 €0.20 x
2018-12-31 €1.36 €0.20 x
2019-12-31 €1.75 €0.20 x
2020-12-31 €3.01 €0.20 x
2021-12-31 €3.41 €0.20 x
2022-12-31 €3.34 €0.20 x
2023-12-31 €3.59 €0.20 x
2024-12-31 €3.20 €0.20 x
2025-12-31 €3.26 €0.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinyi Solar Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.83%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.05%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.91x
  • Recent ROE (2.83%) is below the historical average (15.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 13.15% 15.44% 0.73x 1.16x €72.76 Million
2014 14.91% 20.46% 0.42x 1.74x €162.38 Million
2015 20.99% 25.38% 0.37x 2.22x €631.10 Million
2016 31.95% 33.05% 0.36x 2.70x €1.36 Billion
2017 23.04% 24.48% 0.42x 2.25x €1.32 Billion
2018 17.86% 24.29% 0.32x 2.29x €819.77 Million
2019 17.05% 26.57% 0.32x 2.00x €998.78 Million
2020 17.20% 37.03% 0.28x 1.64x €1.91 Billion
2021 16.25% 30.65% 0.33x 1.62x €1.89 Billion
2022 12.84% 18.59% 0.41x 1.70x €845.30 Million
2023 12.02% 15.90% 0.40x 1.89x €645.30 Million
2024 3.47% 4.60% 0.39x 1.96x €-1.90 Billion
2025 2.83% 4.05% 0.37x 1.91x €-2.14 Billion

Industry Comparison

This section compares Xinyi Solar Holdings Ltd's net assets metrics with peer companies in the Solar industry.

Industry Context

  • Industry: Solar
  • Average net assets among peers: $8,717,597,043
  • Average return on equity (ROE) among peers: -273.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinyi Solar Holdings Ltd (13X) €34.94 Billion 13.15% 0.63x $2.18 Billion
COLUMBUS ENERGY S.A. ZY 7 (0Q8) $-78.59 Million 0.00% 0.00x $46.15 Million
XINYI SOLAR UNSP.ADR/20 (13X0) $31.51 Billion 10.70% 0.44x $2.88 Billion
TECH INVEST GROUP ZY-02 (6N2) $5.65 Million -7.07% 2.00x $2.27 Million
FLAT GLASS GROUP H YC-25 (72T) $11.81 Billion 17.95% 0.70x $294.35 Million
COMTEC SOLAR SYS HD -004 (8C11) $-164.15 Million 0.00% 0.00x $4.96 Million
XINTE ENERGY CO. CL.H YC1 (9M7) $35.29 Billion -11.06% 1.31x $158.32 Million
7C Solarparken AG (HRPK) $32.39 Million 0.00% 0.76x $147.16 Million
HODL SPAC EUROPE AB (NW1) $10.69 Million 0.00% 0.02x $392.16K
Global PVQ SE (QCE) $34.20 Million -2473.10% 34.55x $206.16K

About Xinyi Solar Holdings Ltd

F:13X Germany Solar
Market Cap
$2.18 Billion
€1.87 Billion EUR
Market Cap Rank
#5649 Global
#892 in Germany
Share Price
€0.20
Change (1 day)
-0.58%
52-Week Range
€0.20 - €0.45
All Time High
€0.83
About

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in Mainland China, rest of Asia, North America, Europe, and internationally. The company operates through two segments, Sales of Solar Glass and Renewable Energy Business. It offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses. The company also devel… Read more