Xinyi Solar Holdings Ltd (13X) - Total Assets
Based on the latest financial reports, Xinyi Solar Holdings Ltd (13X) holds total assets worth €58.70 Billion EUR (≈ $68.63 Billion USD) 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. See shareholders equity of Xinyi Solar Holdings Ltd for net asset value and shareholders' equity analysis.
Xinyi Solar Holdings Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Xinyi Solar Holdings Ltd's total assets have evolved over time, based on quarterly financial data.
Xinyi Solar Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinyi Solar Holdings Ltd's total assets of €58.70 Billion consist of 30.9% current assets and 69.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.4% |
| Accounts Receivable | €8.54 Billion | 15.0% |
| Inventory | €2.86 Billion | 5.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €428.99 Million | 0.8% |
| Goodwill | €11.37 Million | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Xinyi Solar Holdings Ltd'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. For live market cap, price, and company overview, see how much is Xinyi Solar Holdings Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinyi Solar Holdings Ltd's current assets represent 30.9% of total assets in 2024, a decrease from 40.0% in 2013.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 10.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 7.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 15.0% of total assets.
Xinyi Solar Holdings Ltd Competitors by Total Assets
Key competitors of Xinyi Solar Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥16.40 Billion |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
Turkey | TL11.80 Billion |
|
Columbus
WAR:CLC
|
Poland | zł243.59 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$5.95 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
|
Aurora Solar Technologies Inc
V:ACU
|
Canada | CA$6.24 Million |
Xinyi Solar Holdings Ltd - 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 | 1.30 | 1.16 | 1.77 |
| Quick Ratio | 1.18 | 0.97 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €4.66 Billion | €2.64 Billion | €4.78 Billion |
Xinyi Solar Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Xinyi Solar Holdings Ltd'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 | 0.93 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | €56.93 Billion |
| Market Capitalization | $3.37 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinyi Solar Holdings Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xinyi Solar Holdings Ltd's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xinyi Solar Holdings Ltd (2013–2024)
The table below shows the annual total assets of Xinyi Solar Holdings Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €56.93 Billion ≈ $66.56 Billion |
-5.79% |
| 2023-12-31 | €60.43 Billion ≈ $70.65 Billion |
+19.49% |
| 2022-12-31 | €50.58 Billion ≈ $59.13 Billion |
+3.07% |
| 2021-12-31 | €49.07 Billion ≈ $57.37 Billion |
+13.00% |
| 2020-12-31 | €43.42 Billion ≈ $50.77 Billion |
+52.92% |
| 2019-12-31 | €28.40 Billion ≈ $33.20 Billion |
+18.85% |
| 2018-12-31 | €23.89 Billion ≈ $27.93 Billion |
+4.94% |
| 2017-12-31 | €22.77 Billion ≈ $26.62 Billion |
+35.63% |
| 2016-12-31 | €16.79 Billion ≈ $19.63 Billion |
+31.82% |
| 2015-12-31 | €12.73 Billion ≈ $14.89 Billion |
+120.94% |
| 2014-12-31 | €5.76 Billion ≈ $6.74 Billion |
+114.51% |
| 2013-12-31 | €2.69 Billion ≈ $3.14 Billion |
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About Xinyi Solar Holdings Ltd
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