Xinyi Solar Holdings Limited
Xinyi Solar Holdings Limited, an investment holding company, produces, sells, and trades in solar glass products in Mainland China, rest of Asia, North America, Europe, and internationally. It operates through two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses. It also develops… Read more
Xinyi Solar Holdings Limited (XISHY) - Total Assets
Latest total assets as of June 2025: $58.70 Billion USD
Based on the latest financial reports, Xinyi Solar Holdings Limited (XISHY) holds total assets worth $58.70 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.
Xinyi Solar Holdings Limited - Total Assets Trend (2012–2024)
This chart illustrates how Xinyi Solar Holdings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xinyi Solar Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinyi Solar Holdings Limited's total assets of $58.70 Billion consist of 30.9% current assets and 69.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $13.46 Billion | 23.6% |
| Inventory | $2.86 Billion | 5.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $428.99 Million | 0.8% |
| Goodwill | $11.37 Million | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Xinyi Solar Holdings 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: Xinyi Solar Holdings Limited's current assets represent 30.9% of total assets in 2024, a decrease from 33.3% in 2012.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 1.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 6.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 23.6% of total assets.
Xinyi Solar Holdings Limited Competitors by Total Assets
Key competitors of Xinyi Solar Holdings Limited 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 |
Xinyi Solar Holdings 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 - Xinyi Solar Holdings Limited generates 0.39x 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, Xinyi Solar Holdings Limited generates $ 1.77 in net profit.
Xinyi Solar Holdings 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 | 1.30 | 1.08 | 1.77 |
| Quick Ratio | 1.18 | 0.90 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.66 Billion | $ 1.42 Billion | $ 4.78 Billion |
Xinyi Solar Holdings Limited - Advanced Valuation Insights
This section examines the relationship between Xinyi Solar Holdings 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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -6.0% |
| Total Assets | $56.93 Billion |
| Market Capitalization | $4.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinyi Solar Holdings Limited's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xinyi Solar Holdings Limited's assets decreased by 6.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xinyi Solar Holdings Limited (2012–2024)
The table below shows the annual total assets of Xinyi Solar Holdings Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $56.93 Billion | -6.03% |
| 2023-12-31 | $60.59 Billion | +19.80% |
| 2022-12-31 | $50.58 Billion | +3.07% |
| 2021-12-31 | $49.07 Billion | +13.00% |
| 2020-12-31 | $43.42 Billion | +52.92% |
| 2019-12-31 | $28.40 Billion | +18.85% |
| 2018-12-31 | $23.89 Billion | +4.94% |
| 2017-12-31 | $22.77 Billion | +35.63% |
| 2016-12-31 | $16.79 Billion | +31.82% |
| 2015-12-31 | $12.73 Billion | +120.94% |
| 2014-12-31 | $5.76 Billion | +114.51% |
| 2013-12-31 | $2.69 Billion | -3.89% |
| 2012-12-31 | $2.80 Billion | -- |