Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Strategic Asset Allocation Index

Latest as of June 2023: 174.9%

Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Strategic Asset Allocation Index of 174.9% as of June 2023. Strategic assets (PP&E of CN¥3.17 Billion plus long-term investments of CN¥-) total CN¥3.17 Billion, measured against net assets of CN¥1.81 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check Zhejiang Xinneng Photovoltaic Technology (603105) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

SAAI

174.9%
Strategic Assets / Net Assets

Strategic Assets

CN¥3.17 Billion
PP&E + LT Investments

PP&E

CN¥3.17 Billion
CNY

Net Assets

CN¥1.81 Billion
CNY

Zhejiang Xinneng Photovoltaic Technology Co Ltd Strategic Asset Allocation Index (2015–2022)

This chart shows how Zhejiang Xinneng Photovoltaic Technology Co Ltd's Strategic Asset Allocation Index has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the index stands at 174.9%, representing strategic assets of CN¥3.17 Billion against net assets of CN¥1.81 Billion CNY. See 603105 financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Annual Strategic Asset Allocation Index for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2015–2022)

The table below presents the year-by-year Strategic Asset Allocation Index for Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2015 to 2022, covering 8 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see Zhejiang Xinneng Photovoltaic Technology (603105) market capitalisation.

Year SAAI Strategic Assets (CNY) PP&E LT Investments Net Assets Change (pp)
2022 170.8% CN¥3.02 Billion CN¥3.02 Billion CN¥- CN¥1.77 Billion ▲ +6.8 pp
2021 164.0% CN¥2.64 Billion CN¥2.64 Billion CN¥- CN¥1.61 Billion ▲ +16.0 pp
2020 148.0% CN¥2.27 Billion CN¥2.27 Billion CN¥- CN¥1.53 Billion ▲ +12.9 pp
2019 135.1% CN¥1.96 Billion CN¥1.96 Billion CN¥- CN¥1.45 Billion ▲ +23.8 pp
2018 111.3% CN¥1.62 Billion CN¥1.62 Billion CN¥- CN¥1.46 Billion ▼ -5.0 pp
2017 116.2% CN¥1.18 Billion CN¥1.18 Billion CN¥- CN¥1.02 Billion ▲ +49.3 pp
2016 66.9% CN¥602.30 Million CN¥602.30 Million CN¥- CN¥899.85 Million ▼ -19.1 pp
2015 86.0% CN¥383.91 Million CN¥383.91 Million CN¥- CN¥446.26 Million
pp = percentage points