CGE Energy Inc
CGE Energy Inc. develops and operates long-term energy projects for commercial, municipal, nonprofit, and international customers. The company installs LED lighting products and solar PVs; develops, designs, and constructs solar PV projects; and designs WIND"e20 vertical-axis wind turbines. The company was founded in 1989 and is based in Brighton, Michigan.
CGE Energy Inc (CGEI) - Total Assets
Latest total assets as of September 2019: $11.04 Million USD
Based on the latest financial reports, CGE Energy Inc (CGEI) holds total assets worth $11.04 Million USD as of September 2019.
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.
CGE Energy Inc - Total Assets Trend (2004–2021)
This chart illustrates how CGE Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CGE Energy Inc - Asset Composition Analysis
Current Asset Composition (September 2021)
CGE Energy Inc's total assets of $11.04 Million consist of 53.8% current assets and 46.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.3% |
| Accounts Receivable | $8.75 Million | 46.1% |
| Inventory | $266.51K | 1.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.75 Million | 46.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2021)
This chart illustrates how CGE Energy Inc'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: CGE Energy Inc's current assets represent 53.8% of total assets in 2021, a decrease from 77.1% in 2004.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2021, down from 34.8% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 46.1% of total assets.
CGE Energy Inc Competitors by Total Assets
Key competitors of CGE Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
CGE Energy Inc - 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
Lower asset utilization - CGE Energy Inc generates 0.12x 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, CGE Energy Inc generates $ 0.27 in net profit.
CGE Energy Inc - 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 | 0.58 | 1.40 | 0.12 |
| Quick Ratio | 0.45 | 1.37 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-421.42K | $ 1.64 Million | $ -4.95 Million |
CGE Energy Inc - Advanced Valuation Insights
This section examines the relationship between CGE Energy Inc'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 102.0% |
| Total Assets | $18.98 Million |
| Market Capitalization | $4.36K USD |
Valuation Analysis
Below Book Valuation: The market values CGE Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: CGE Energy Inc's assets grew by 102.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for CGE Energy Inc (2004–2021)
The table below shows the annual total assets of CGE Energy Inc from 2004 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-09-30 | $18.98 Million | +101.97% |
| 2020-09-30 | $9.40 Million | -14.87% |
| 2019-09-30 | $11.04 Million | -44.06% |
| 2018-09-30 | $19.74 Million | -20.05% |
| 2017-09-30 | $24.68 Million | -61.23% |
| 2014-09-30 | $63.67 Million | +8143.04% |
| 2005-09-30 | $772.44K | -52.18% |
| 2004-09-30 | $1.62 Million | -- |