Concord New Energy Group Limited
Concord New Energy Group Limited, an investment holding company, engages in the generation of power in the People's Republic of China and internationally. The company operates through Power Generation, and Others segments. The Power generation segment offers operation of wind and solar power plants through subsidiaries, investing in power plants through joint ventures, and associates. The Others … Read more
Concord New Energy Group Limited (CWPWF) - Total Assets
Latest total assets as of June 2025: $33.21 Billion USD
Based on the latest financial reports, Concord New Energy Group Limited (CWPWF) holds total assets worth $33.21 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.
Concord New Energy Group Limited - Total Assets Trend (2005–2024)
This chart illustrates how Concord New Energy Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Concord New Energy Group Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Concord New Energy Group Limited's total assets of $33.21 Billion consist of 25.4% current assets and 74.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.3% |
| Accounts Receivable | $2.37 Billion | 7.4% |
| Inventory | $19.22 Million | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $412.00K | 0.0% |
| Goodwill | $659.42 Million | 2.1% |
Asset Composition Trend (2005–2024)
This chart illustrates how Concord New Energy Group Limited'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: Concord New Energy Group Limited's current assets represent 25.4% of total assets in 2024, a decrease from 95.0% in 2005.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, up from 2.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 7.4% of total assets.
Concord New Energy Group Limited Competitors by Total Assets
Key competitors of Concord New Energy Group Limited 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 |
Concord New Energy Group Limited - 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 - Concord New Energy Group Limited generates 0.08x 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, Concord New Energy Group Limited generates $ 2.51 in net profit.
Concord New Energy Group Limited - 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 | 1.08 | 1.04 | 1.31 |
| Quick Ratio | 1.08 | 1.03 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $459.80 Million | $ 260.87 Million | $ 1.33 Billion |
Concord New Energy Group Limited - Advanced Valuation Insights
This section examines the relationship between Concord New Energy Group Limited'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 | 0.25 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | $32.13 Billion |
| Market Capitalization | $427.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Concord New Energy Group Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Concord New Energy Group Limited's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Concord New Energy Group Limited (2005–2024)
The table below shows the annual total assets of Concord New Energy Group Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $32.13 Billion | +2.86% |
| 2023-12-31 | $31.24 Billion | +14.96% |
| 2022-12-31 | $27.17 Billion | +13.05% |
| 2021-12-31 | $24.04 Billion | +23.08% |
| 2020-12-31 | $19.53 Billion | -1.83% |
| 2019-12-31 | $19.89 Billion | +8.04% |
| 2018-12-31 | $18.41 Billion | +24.35% |
| 2017-12-31 | $14.81 Billion | +3.26% |
| 2016-12-31 | $14.34 Billion | +18.75% |
| 2015-12-31 | $12.08 Billion | +39.95% |
| 2014-12-31 | $8.63 Billion | +12.09% |
| 2013-12-31 | $7.70 Billion | +27.33% |
| 2012-12-31 | $6.05 Billion | -0.42% |
| 2011-12-31 | $6.07 Billion | +31.31% |
| 2010-12-31 | $4.62 Billion | +49.79% |
| 2009-12-31 | $3.09 Billion | +32.35% |
| 2008-12-31 | $2.33 Billion | +17.87% |
| 2007-12-31 | $1.98 Billion | +4627.12% |
| 2006-12-31 | $41.85 Million | +29.89% |
| 2005-12-31 | $32.22 Million | -- |