Maxeon Solar Technologies Ltd
Maxeon Solar Technologies, Ltd., a marketers of solar power technology, designs, manufactures, markets, and sells solar panels for residential, commercial, and power plant customers. The company was incorporated in 2019 and is headquartered in Singapore. Maxeon Solar Technologies, Ltd. operates as a subsidiary of TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
Maxeon Solar Technologies Ltd (MAXN) - Total Assets
Latest total assets as of June 2025: $186.31 Million USD
Based on the latest financial reports, Maxeon Solar Technologies Ltd (MAXN) holds total assets worth $186.31 Million 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.
Maxeon Solar Technologies Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Maxeon Solar Technologies Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Maxeon Solar Technologies Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Maxeon Solar Technologies Ltd's total assets of $186.31 Million consist of 70.7% current assets and 29.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $12.56 Million | 3.3% |
| Inventory | $40.22 Million | 10.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $523.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Maxeon Solar Technologies 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Maxeon Solar Technologies Ltd's current assets represent 70.7% of total assets in 2024, an increase from 48.2% in 2018.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, down from 10.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 10.7% of total assets.
Maxeon Solar Technologies Ltd Competitors by Total Assets
Key competitors of Maxeon Solar Technologies Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Maxeon Solar Technologies Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Maxeon Solar Technologies Ltd generates 1.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Maxeon Solar Technologies Ltd is currently not profitable relative to its asset base.
Maxeon Solar Technologies 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 | 0.84 | 1.36 | 1.64 |
| Quick Ratio | 0.64 | 0.55 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.28 Million | $ 103.42 Million | $ 249.06 Million |
Maxeon Solar Technologies Ltd - Advanced Valuation Insights
This section examines the relationship between Maxeon Solar Technologies 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 | 28.67 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -62.4% |
| Total Assets | $376.27 Million |
| Market Capitalization | $16.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Maxeon Solar Technologies Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Maxeon Solar Technologies Ltd's assets decreased by 62.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Maxeon Solar Technologies Ltd (2018–2024)
The table below shows the annual total assets of Maxeon Solar Technologies Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $376.27 Million | -62.45% |
| 2023-12-31 | $1.00 Billion | -20.50% |
| 2022-12-31 | $1.26 Billion | +19.30% |
| 2021-12-31 | $1.06 Billion | +7.77% |
| 2020-12-31 | $980.34 Million | -1.00% |
| 2019-12-31 | $990.21 Million | +1.95% |
| 2018-12-31 | $971.30 Million | -- |