Tunghsu Azure Renewable Energy Co Ltd
Tunghsu Azure Renewable Energy Co.,Ltd. engages in new energy business in China and internationally. It operates solar photovoltaic and wind power plants; and provides smart energy services, as well as offers ecological management, water environment restoration and operation, soil restoration, and other businesses. The company was formerly known as Baoan Hongji Real Estate Group Co., Ltd. and cha… Read more
Tunghsu Azure Renewable Energy Co Ltd (000040) - Total Assets
Latest total assets as of September 2024: CN¥23.04 Billion CNY
Based on the latest financial reports, Tunghsu Azure Renewable Energy Co Ltd (000040) holds total assets worth CN¥23.04 Billion CNY as of September 2024.
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.
Tunghsu Azure Renewable Energy Co Ltd - Total Assets Trend (2000–2023)
This chart illustrates how Tunghsu Azure Renewable Energy Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tunghsu Azure Renewable Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Tunghsu Azure Renewable Energy Co Ltd's total assets of CN¥23.04 Billion consist of 47.3% current assets and 52.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.3% |
| Accounts Receivable | CN¥3.10 Billion | 13.0% |
| Inventory | CN¥89.36 Million | 0.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥94.01 Million | 0.4% |
| Goodwill | CN¥541.84 Million | 2.3% |
Asset Composition Trend (2000–2023)
This chart illustrates how Tunghsu Azure Renewable 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: Tunghsu Azure Renewable Energy Co Ltd's current assets represent 47.3% of total assets in 2023, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2023, up from 11.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 11.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 13.0% of total assets.
Tunghsu Azure Renewable Energy Co Ltd Competitors by Total Assets
Key competitors of Tunghsu Azure Renewable Energy Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aksu Enerji ve Ticaret AS
IS:AKSUE
|
Turkey | TL835.86 Million |
|
Elridge Energy Holdings Berhad
KLSE:0318
|
Malaysia | RM364.39 Million |
|
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 |
Tunghsu Azure Renewable 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
Lower asset utilization - Tunghsu Azure Renewable Energy Co Ltd generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tunghsu Azure Renewable Energy Co Ltd is currently not profitable relative to its asset base.
Tunghsu Azure Renewable 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 | 1.40 | 1.31 | 1.42 |
| Quick Ratio | 1.39 | 1.30 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.09 Billion | CN¥ 2.79 Billion | CN¥ 5.04 Billion |
Tunghsu Azure Renewable Energy Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tunghsu Azure Renewable 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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.5% |
| Total Assets | CN¥23.81 Billion |
| Market Capitalization | $58.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tunghsu Azure Renewable Energy Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tunghsu Azure Renewable Energy Co Ltd's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tunghsu Azure Renewable Energy Co Ltd (2000–2023)
The table below shows the annual total assets of Tunghsu Azure Renewable Energy Co Ltd from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥23.81 Billion | -6.54% |
| 2022-12-31 | CN¥25.47 Billion | -2.60% |
| 2021-12-31 | CN¥26.15 Billion | -0.18% |
| 2020-12-31 | CN¥26.20 Billion | -15.45% |
| 2019-12-31 | CN¥30.99 Billion | -9.98% |
| 2018-12-31 | CN¥34.42 Billion | +19.10% |
| 2017-12-31 | CN¥28.90 Billion | +67.19% |
| 2016-12-31 | CN¥17.29 Billion | +155.40% |
| 2015-12-31 | CN¥6.77 Billion | +58.53% |
| 2014-12-31 | CN¥4.27 Billion | +7.81% |
| 2013-12-31 | CN¥3.96 Billion | +38.08% |
| 2012-12-31 | CN¥2.87 Billion | +51.91% |
| 2011-12-31 | CN¥1.89 Billion | -17.31% |
| 2010-12-31 | CN¥2.28 Billion | -20.78% |
| 2009-12-31 | CN¥2.88 Billion | +19.70% |
| 2008-12-31 | CN¥2.41 Billion | +8.11% |
| 2007-12-31 | CN¥2.23 Billion | -2.74% |
| 2006-12-31 | CN¥2.29 Billion | +6.36% |
| 2005-12-31 | CN¥2.15 Billion | +5.99% |
| 2004-12-31 | CN¥2.03 Billion | -18.21% |
| 2003-12-31 | CN¥2.48 Billion | +9.08% |
| 2002-12-31 | CN¥2.28 Billion | +13.86% |
| 2001-12-31 | CN¥2.00 Billion | -15.61% |
| 2000-12-31 | CN¥2.37 Billion | -- |