Xinyi Solar Holdings Ltd Net Assets
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
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