Skycorp Solar Group Limited Ordinary Shares
Skycorp Solar Group Ltd, through its subsidiaries, designs, develops, manufactures, and sells solar PV products and solar power system solution services in Mainland China, rest of Asia, The United States, and internationally. It operates through two segments, Solar PV Products and High Performance Computing Products. The company offers solar cables and connectors; and hybrid energy storage system… Read more
Skycorp Solar Group Limited Ordinary Shares (PN) - Total Assets
Latest total assets as of March 2025: $43.99 Million USD
Based on the latest financial reports, Skycorp Solar Group Limited Ordinary Shares (PN) holds total assets worth $43.99 Million USD as of March 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.
Skycorp Solar Group Limited Ordinary Shares - Total Assets Trend (2021–2024)
This chart illustrates how Skycorp Solar Group Limited Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Skycorp Solar Group Limited Ordinary Shares - Asset Composition Analysis
Current Asset Composition (September 2024)
Skycorp Solar Group Limited Ordinary Shares's total assets of $43.99 Million consist of 79.6% current assets and 20.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.2% |
| Accounts Receivable | $13.55 Million | 42.4% |
| Inventory | $2.60 Million | 8.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.74 Million | 5.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Skycorp Solar Group Limited Ordinary Shares'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: Skycorp Solar Group Limited Ordinary Shares's current assets represent 79.6% of total assets in 2024, a decrease from 99.6% in 2021.
- Cash Position: Cash and equivalents constituted 16.2% of total assets in 2024, up from 6.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 42.4% of total assets.
Skycorp Solar Group Limited Ordinary Shares Competitors by Total Assets
Key competitors of Skycorp Solar Group Limited Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ennogie Solar Group A/S
CO:ESG
|
Denmark | Dkr54.33 Million |
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 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 |
Skycorp Solar Group Limited Ordinary Shares - 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 - Skycorp Solar Group Limited Ordinary Shares generates 1.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Skycorp Solar Group Limited Ordinary Shares generates $ 1.47 in net profit.
Skycorp Solar Group Limited Ordinary Shares - 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 | 1.93 | 2.10 | 2.32 |
| Quick Ratio | 1.71 | 1.67 | 1.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $15.95 Million | $ 13.33 Million | $ 15.52 Million |
Skycorp Solar Group Limited Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Skycorp Solar Group Limited Ordinary Shares'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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | $31.95 Million |
| Market Capitalization | $6.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Skycorp Solar Group Limited Ordinary Shares's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Skycorp Solar Group Limited Ordinary Shares's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Skycorp Solar Group Limited Ordinary Shares (2021–2024)
The table below shows the annual total assets of Skycorp Solar Group Limited Ordinary Shares from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $31.95 Million | +7.95% |
| 2023-09-30 | $29.60 Million | -9.88% |
| 2022-09-30 | $32.85 Million | +26.52% |
| 2021-09-30 | $25.96 Million | -- |