Xinyi Solar Holdings Limited

PINK:XISHY USA Solar
Market Cap
$3.23 Billion
Market Cap Rank
#3091 Global
#2080 in USA
Share Price
$7.07
Change (1 day)
-7.10%
52-Week Range
$7.07 - $8.14
All Time High
$43.52
Categories
Companies in USA Solar
About

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

Xinyi Solar Holdings Limited (XISHY) - Net Assets

Latest net assets as of June 2025: $35.46 Billion USD

Based on the latest financial reports, Xinyi Solar Holdings Limited (XISHY) has net assets worth $35.46 Billion USD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.70 Billion) and total liabilities ($23.25 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets $35.46 Billion
% of Total Assets 60.4%
Annual Growth Rate 33.59%
5-Year Change 7.44%
10-Year Change 399.29%
Growth Volatility 41.35

Xinyi Solar Holdings Limited - Net Assets Trend (2012–2024)

This chart illustrates how Xinyi Solar Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xinyi Solar Holdings Limited (2012–2024)

The table below shows the annual net assets of Xinyi Solar Holdings Limited from 2012 to 2024.

Year Net Assets Change
2024-12-31 $34.41 Billion -9.48%
2023-12-31 $38.01 Billion +3.17%
2022-12-31 $36.84 Billion +2.64%
2021-12-31 $35.90 Billion +12.09%
2020-12-31 $32.02 Billion +72.42%
2019-12-31 $18.57 Billion +54.02%
2018-12-31 $12.06 Billion +3.24%
2017-12-31 $11.68 Billion +57.25%
2016-12-31 $7.43 Billion +7.78%
2015-12-31 $6.89 Billion +108.46%
2014-12-31 $3.31 Billion +43.09%
2013-12-31 $2.31 Billion +116.92%
2012-12-31 $1.07 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Xinyi Solar Holdings Limited'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 12480.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $18.16 Billion 62.52%
Common Stock $738.83 Million 2.54%
Other Components $10.15 Billion 34.93%
Total Equity $29.05 Billion 100.00%

Xinyi Solar Holdings Limited Competitors by Market Cap

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

Company Market Cap
Embotelladora Andina S.A
NYSE:AKO-B
 		$4.29 Billion
Neste Oyj
PINK:NTOIF
 		$4.30 Billion
UIPATH INC. A DL-00001
F:9UV
 		$4.30 Billion
Zhen Ding Technology Holding Ltd
TW:4958
 		$4.30 Billion
Brinks Company
NYSE:BCO
 		$4.29 Billion
Novanta Inc
NASDAQ:NOVT
 		$4.29 Billion
PT Bayan Resources Tbk
F:BNB
 		$4.29 Billion
ATLANTIC UNION BANKS.DL 2
F:UIO
 		$4.29 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 31,974,575,000 to 29,051,790,000, a change of -2,922,785,000 (-9.1%).
  • Net income of 1,008,233,000 contributed positively to equity growth.
  • Dividend payments of 1,583,830,000 reduced retained earnings.
  • New share issuances of 26,856,000 increased equity.
  • Other comprehensive income increased equity by 446,582,000.
  • Other factors decreased equity by 2,820,626,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $1.01 Billion +3.47%
Dividends Paid $1.58 Billion -5.45%
Share Issuances $26.86 Million +0.09%
Other Comprehensive Income $446.58 Million +1.54%
Other Changes $-2.82 Billion -9.71%
Total Change $- -9.14%

Book Value vs Market Value Analysis

This analysis compares Xinyi Solar Holdings Limited'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: 0.11x
  • 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.
  • The price-to-book ratio has decreased from 1.90x to 0.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 $3.71 $7.07 x
2013-12-31 $11.16 $7.07 x
2014-12-31 $11.30 $7.07 x
2015-12-31 $17.66 $7.07 x
2016-12-31 $18.42 $7.07 x
2017-12-31 $28.30 $7.07 x
2018-12-31 $27.85 $7.07 x
2019-12-31 $35.51 $7.07 x
2020-12-31 $64.34 $7.07 x
2021-12-31 $68.40 $7.07 x
2022-12-31 $66.77 $7.07 x
2023-12-31 $71.82 $7.07 x
2024-12-31 $64.96 $7.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinyi Solar Holdings Limited 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): 3.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.60%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.96x
  • Recent ROE (3.47%) is below the historical average (16.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 11.25% 7.82% 0.55x 2.62x $13.34 Million
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 13.10% 15.72% 0.44x 1.89x $989.67 Million
2024 3.47% 4.60% 0.39x 1.96x $-1.90 Billion

Industry Comparison

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

Industry Context

  • Industry: Solar
  • Average net assets among peers: $424,642,617
  • Average return on equity (ROE) among peers: 1.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinyi Solar Holdings Limited (XISHY) $35.46 Billion 11.25% 0.66x $4.29 Billion
ABCO Energy Inc (ABCE) $-190.65K 0.00% 0.00x $11.90K
Advantagewon Oil Corporation (ANTGF) $-1.30 Million 0.00% 0.00x $547.13K
Advanced Powerline Technologies Inc (APWL) $6.31 Million -45.47% 0.40x $1.82
Array Technologies Inc (ARRY) $-25.72 Million 0.00% 0.00x $972.65 Million
Ascent Solar Technologies, Inc. Common Stock (ASTI) $139.62 Million -9.47% 0.10x $18.06 Million
Beam Global (BEEM) $-1.41 Million 0.00% 0.00x $26.89 Million
Clear Blue Technologies International Inc (CBUTF) $-215.24K 0.00% 0.00x $834.08K
China Changjiang Mining & New Energy Co Ltd (CHJI) $924.23K 64.84% 0.83x $2.91K
Canadian Solar Inc (CSIQ) $4.15 Billion 0.87% 2.26x $868.69 Million
Complete Solaria, Inc. Common Stock (CSLR) $-21.39 Million 0.00% 0.00x $89.72 Million