SPIC Dongfang New Energy Corp
SPIC Industry-Finance Holdings Co., Ltd. engages in the energy, trust, insurance, asset management, future and other businesses in China. The company is involved in the power generation and heating; fund, movable property, and real estate trust; insurance, futures brokerag, and property brokerage; and risk management and other businesses, as well as power related services. It also engages in the … Read more
SPIC Dongfang New Energy Corp (000958) - Total Assets
Latest total assets as of September 2025: CN¥51.00 Billion CNY
Based on the latest financial reports, SPIC Dongfang New Energy Corp (000958) holds total assets worth CN¥51.00 Billion CNY 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.
SPIC Dongfang New Energy Corp - Total Assets Trend (1996–2024)
This chart illustrates how SPIC Dongfang New Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SPIC Dongfang New Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
SPIC Dongfang New Energy Corp's total assets of CN¥51.00 Billion consist of 57.2% current assets and 42.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.3% |
| Accounts Receivable | CN¥4.25 Billion | 8.9% |
| Inventory | CN¥128.02 Million | 0.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥273.64 Million | 0.6% |
| Goodwill | CN¥546.16 Million | 1.1% |
Asset Composition Trend (1996–2024)
This chart illustrates how SPIC Dongfang New Energy Corp'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: SPIC Dongfang New Energy Corp's current assets represent 57.2% of total assets in 2024, an increase from 27.1% in 1996.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, up from 3.8% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 8.9% of total assets.
SPIC Dongfang New Energy Corp Competitors by Total Assets
Key competitors of SPIC Dongfang New Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Energy Group Co Ltd
SHE:000027
|
China | CN¥170.98 Billion |
|
Shenzhen Nanshan Power Co Ltd
SHE:000037
|
China | CN¥2.01 Billion |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
China | CN¥18.55 Billion |
|
An Hui Wenergy Co Ltd
SHE:000543
|
China | CN¥68.20 Billion |
|
Jointo Energy Investment Co Ltd Hebei
SHE:000600
|
China | CN¥48.23 Billion |
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
China | CN¥13.13 Billion |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
China | CN¥1.62 Billion |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
China | CN¥58.81 Billion |
SPIC Dongfang New Energy Corp - 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 - SPIC Dongfang New Energy Corp generates 0.12x 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, SPIC Dongfang New Energy Corp generates $ 2.18 in net profit.
SPIC Dongfang New Energy Corp - 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 | 3.44 | 3.64 | 1.15 |
| Quick Ratio | 3.42 | 3.61 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥21.85 Billion | CN¥ 19.58 Billion | CN¥ 7.44 Billion |
SPIC Dongfang New Energy Corp - Advanced Valuation Insights
This section examines the relationship between SPIC Dongfang New Energy Corp'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 | 5.91 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | CN¥47.83 Billion |
| Market Capitalization | $1.07 Billion USD |
Valuation Analysis
Below Book Valuation: The market values SPIC Dongfang New Energy Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SPIC Dongfang New Energy Corp's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SPIC Dongfang New Energy Corp (1996–2024)
The table below shows the annual total assets of SPIC Dongfang New Energy Corp from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥47.83 Billion | +4.37% |
| 2023-12-31 | CN¥45.83 Billion | -0.79% |
| 2022-12-31 | CN¥46.19 Billion | -2.35% |
| 2021-12-31 | CN¥47.30 Billion | -48.25% |
| 2020-12-31 | CN¥91.41 Billion | +14.91% |
| 2019-12-31 | CN¥79.55 Billion | +635.80% |
| 2018-12-31 | CN¥10.81 Billion | +44.72% |
| 2017-12-31 | CN¥7.47 Billion | +40.91% |
| 2016-12-31 | CN¥5.30 Billion | +0.00% |
| 2015-12-31 | CN¥5.30 Billion | +142.08% |
| 2014-12-31 | CN¥2.19 Billion | -3.32% |
| 2013-12-31 | CN¥2.27 Billion | +64.26% |
| 2012-12-31 | CN¥1.38 Billion | -2.70% |
| 2011-12-31 | CN¥1.42 Billion | -8.28% |
| 2010-12-31 | CN¥1.55 Billion | -8.65% |
| 2009-12-31 | CN¥1.69 Billion | -40.86% |
| 2008-12-31 | CN¥2.86 Billion | -6.19% |
| 2007-12-31 | CN¥3.05 Billion | -1.66% |
| 2006-12-31 | CN¥3.10 Billion | -8.93% |
| 2005-12-31 | CN¥3.40 Billion | +20.83% |
| 2004-12-31 | CN¥2.82 Billion | +18.49% |
| 2003-12-31 | CN¥2.38 Billion | +14.18% |
| 2002-12-31 | CN¥2.08 Billion | +42.08% |
| 2001-12-31 | CN¥1.47 Billion | +14.78% |
| 2000-12-31 | CN¥1.28 Billion | +13.96% |
| 1999-12-31 | CN¥1.12 Billion | +101.65% |
| 1998-12-31 | CN¥555.73 Million | +15.88% |
| 1997-12-31 | CN¥479.57 Million | +9.96% |
| 1996-12-31 | CN¥436.15 Million | -- |