SMA Solar Technology AG
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells PV and battery inverters, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. The company operates in three segments: Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. It offers solar and battery inverters, hybrid … Read more
SMA Solar Technology AG (SMTGF) - Total Assets
Latest total assets as of September 2025: $1.39 Billion USD
Based on the latest financial reports, SMA Solar Technology AG (SMTGF) holds total assets worth $1.39 Billion USD as of September 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.
SMA Solar Technology AG - Total Assets Trend (2006–2024)
This chart illustrates how SMA Solar Technology AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SMA Solar Technology AG - Asset Composition Analysis
Current Asset Composition (December 2024)
SMA Solar Technology AG's total assets of $1.39 Billion consist of 68.9% current assets and 31.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.7% |
| Accounts Receivable | $216.91 Million | 14.1% |
| Inventory | $549.35 Million | 35.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $120.27 Million | 7.8% |
| Goodwill | $311.00K | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how SMA Solar Technology AG'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: SMA Solar Technology AG's current assets represent 68.9% of total assets in 2024, a decrease from 70.7% in 2006.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2024, down from 29.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 35.6% of total assets.
SMA Solar Technology AG Competitors by Total Assets
Key competitors of SMA Solar Technology AG 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 |
SMA Solar Technology AG - 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 - SMA Solar Technology AG generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SMA Solar Technology AG is currently not profitable relative to its asset base.
SMA Solar Technology AG - 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 | 1.38 | 1.70 | 2.12 |
| Quick Ratio | 0.80 | 0.64 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $254.37 Million | $ 493.29 Million | $ 381.09 Million |
SMA Solar Technology AG - Advanced Valuation Insights
This section examines the relationship between SMA Solar Technology AG'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 | 2.95 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | $1.54 Billion |
| Market Capitalization | $528.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values SMA Solar Technology AG's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SMA Solar Technology AG's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SMA Solar Technology AG (2006–2024)
The table below shows the annual total assets of SMA Solar Technology AG from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.54 Billion | -4.97% |
| 2023-12-31 | $1.62 Billion | +46.12% |
| 2022-12-31 | $1.11 Billion | +5.47% |
| 2021-12-31 | $1.05 Billion | +0.12% |
| 2020-12-31 | $1.05 Billion | -5.07% |
| 2019-12-31 | $1.11 Billion | +11.93% |
| 2018-12-31 | $989.27 Million | -18.66% |
| 2017-12-31 | $1.22 Billion | +0.45% |
| 2016-12-31 | $1.21 Billion | +4.33% |
| 2015-12-31 | $1.16 Billion | -1.68% |
| 2014-12-31 | $1.18 Billion | -6.32% |
| 2013-12-31 | $1.26 Billion | -5.17% |
| 2012-12-31 | $1.33 Billion | -3.32% |
| 2011-12-31 | $1.37 Billion | +9.81% |
| 2010-12-31 | $1.25 Billion | +74.14% |
| 2009-12-31 | $718.65 Million | +53.05% |
| 2008-12-31 | $469.56 Million | +187.67% |
| 2007-12-31 | $163.23 Million | +45.30% |
| 2006-12-31 | $112.34 Million | -- |