Tunghsu Azure Renewable Energy Co Ltd (000040) - Total Assets
Based on the latest financial reports, Tunghsu Azure Renewable Energy Co Ltd (000040) holds total assets worth CN¥23.04 Billion CNY (≈ $3.37 Billion USD) 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. Explore 000040 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. See Tunghsu Azure Renewable Energy Co Ltd (000040) shareholders funds for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see Tunghsu Azure Renewable Energy Co Ltd market capitalisation.
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 |
|---|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
|
Germany | €279.69 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
China | CN¥59.85 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$47.38 Billion |
|
ROMANDE ENERGIE SA
SW:REHN
|
Switzerland | CHF2.83 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
Israel | ILA1.11 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
China | CN¥23.55 Billion |
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 | $106.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tunghsu Azure Renewable Energy Co Ltd's assets below their book value (0.00x), 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 ≈ $3.48 Billion |
-6.54% |
| 2022-12-31 | CN¥25.47 Billion ≈ $3.73 Billion |
-2.60% |
| 2021-12-31 | CN¥26.15 Billion ≈ $3.83 Billion |
-0.18% |
| 2020-12-31 | CN¥26.20 Billion ≈ $3.83 Billion |
-15.45% |
| 2019-12-31 | CN¥30.99 Billion ≈ $4.53 Billion |
-9.98% |
| 2018-12-31 | CN¥34.42 Billion ≈ $5.04 Billion |
+19.10% |
| 2017-12-31 | CN¥28.90 Billion ≈ $4.23 Billion |
+67.19% |
| 2016-12-31 | CN¥17.29 Billion ≈ $2.53 Billion |
+155.40% |
| 2015-12-31 | CN¥6.77 Billion ≈ $990.50 Million |
+58.53% |
| 2014-12-31 | CN¥4.27 Billion ≈ $624.81 Million |
+7.81% |
| 2013-12-31 | CN¥3.96 Billion ≈ $579.56 Million |
+38.08% |
| 2012-12-31 | CN¥2.87 Billion ≈ $419.73 Million |
+51.91% |
| 2011-12-31 | CN¥1.89 Billion ≈ $276.29 Million |
-17.31% |
| 2010-12-31 | CN¥2.28 Billion ≈ $334.14 Million |
-20.78% |
| 2009-12-31 | CN¥2.88 Billion ≈ $421.78 Million |
+19.70% |
| 2008-12-31 | CN¥2.41 Billion ≈ $352.35 Million |
+8.11% |
| 2007-12-31 | CN¥2.23 Billion ≈ $325.92 Million |
-2.74% |
| 2006-12-31 | CN¥2.29 Billion ≈ $335.09 Million |
+6.36% |
| 2005-12-31 | CN¥2.15 Billion ≈ $315.06 Million |
+5.99% |
| 2004-12-31 | CN¥2.03 Billion ≈ $297.27 Million |
-18.21% |
| 2003-12-31 | CN¥2.48 Billion ≈ $363.47 Million |
+9.08% |
| 2002-12-31 | CN¥2.28 Billion ≈ $333.22 Million |
+13.86% |
| 2001-12-31 | CN¥2.00 Billion ≈ $292.65 Million |
-15.61% |
| 2000-12-31 | CN¥2.37 Billion ≈ $346.78 Million |
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About 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