SPI Energy Co Ltd
SPI Energy Co., Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. It also… Read more
SPI Energy Co Ltd (SPI) - Total Assets
Latest total assets as of September 2023: $230.19 Million USD
Based on the latest financial reports, SPI Energy Co Ltd (SPI) holds total assets worth $230.19 Million USD as of September 2023.
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.
SPI Energy Co Ltd - Total Assets Trend (2005–2022)
This chart illustrates how SPI Energy Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SPI Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2022)
SPI Energy Co Ltd's total assets of $230.19 Million consist of 35.5% current assets and 64.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $25.73 Million | 11.1% |
| Inventory | $28.99 Million | 12.5% |
| Property, Plant & Equipment | $55.71 Million | 24.1% |
| Intangible Assets | $2.59 Million | 1.1% |
| Goodwill | $4.90 Million | 2.1% |
Asset Composition Trend (2005–2022)
This chart illustrates how SPI Energy Co 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: SPI Energy Co Ltd's current assets represent 35.5% of total assets in 2022, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2022, up from 0.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 24.1% of total assets.
SPI Energy Co Ltd Competitors by Total Assets
Key competitors of SPI Energy Co 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 |
SPI Energy Co 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 - SPI Energy Co Ltd generates 0.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SPI Energy Co Ltd is currently not profitable relative to its asset base.
SPI Energy Co 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 | 0.41 | 0.46 | 0.44 |
| Quick Ratio | 0.24 | 0.32 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-114.67 Million | $ -96.86 Million | $ -92.65 Million |
SPI Energy Co Ltd - Advanced Valuation Insights
This section examines the relationship between SPI Energy Co 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 | 0.35 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | $231.09 Million |
| Market Capitalization | $18.60 Million USD |
Valuation Analysis
Below Book Valuation: The market values SPI Energy Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SPI Energy Co Ltd's assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SPI Energy Co Ltd (2005–2022)
The table below shows the annual total assets of SPI Energy Co Ltd from 2005 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $231.09 Million | +1.32% |
| 2021-12-31 | $228.08 Million | +5.09% |
| 2020-12-31 | $217.03 Million | +21.35% |
| 2019-12-31 | $178.85 Million | -43.63% |
| 2018-12-31 | $317.31 Million | -12.30% |
| 2017-12-31 | $361.82 Million | 0.00% |
| 2016-12-31 | $361.82 Million | -49.01% |
| 2015-12-31 | $709.57 Million | +20.69% |
| 2014-12-31 | $587.91 Million | +728.46% |
| 2013-12-31 | $70.96 Million | -59.53% |
| 2012-12-31 | $175.35 Million | +20.37% |
| 2011-12-31 | $145.68 Million | +511.94% |
| 2010-12-31 | $23.81 Million | -36.54% |
| 2009-12-31 | $37.51 Million | +110.81% |
| 2008-12-31 | $17.80 Million | -34.11% |
| 2007-12-31 | $27.01 Million | +60.08% |
| 2006-12-31 | $16.87 Million | -56977.95% |
| 2005-12-31 | $-29.66K | -- |