Fujian MinDong Electric Power Co Ltd
Fujian Mindong Electric Power Group Co., Ltd., together with its subsidiaries, engages in the production and development of hydropower, wind, and photovoltaic power in China. As of December 2024, the company's equity installed capacity is 569,200 kilowatts. It is also involved in the real estate development business. The company was incorporated in 1998 and is based in Ningde, China.
Fujian MinDong Electric Power Co Ltd (000993) - Total Assets
Latest total assets as of September 2025: CN¥3.76 Billion CNY
Based on the latest financial reports, Fujian MinDong Electric Power Co Ltd (000993) holds total assets worth CN¥3.76 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.
Fujian MinDong Electric Power Co Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Fujian MinDong Electric Power Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fujian MinDong Electric Power Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fujian MinDong Electric Power Co Ltd's total assets of CN¥3.76 Billion consist of 24.0% current assets and 76.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.7% |
| Accounts Receivable | CN¥255.71 Million | 7.0% |
| Inventory | CN¥223.66 Million | 6.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥94.09 Million | 2.6% |
| Goodwill | CN¥41.93 Million | 1.2% |
Asset Composition Trend (1997–2024)
This chart illustrates how Fujian MinDong Electric Power 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: Fujian MinDong Electric Power Co Ltd's current assets represent 24.0% of total assets in 2024, an increase from 3.6% in 1997.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 2.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 7.0% of total assets.
Fujian MinDong Electric Power Co Ltd Competitors by Total Assets
Key competitors of Fujian MinDong Electric Power 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 |
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
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 - 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 - Fujian MinDong Electric Power Co Ltd generates 0.16x 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, Fujian MinDong Electric Power Co Ltd generates $ 4.63 in net profit.
Fujian MinDong Electric Power 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 | 4.34 | 2.79 | 1.08 |
| Quick Ratio | 3.58 | 2.02 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥927.30 Million | CN¥ 568.43 Million | CN¥ 111.80 Million |
Fujian MinDong Electric Power Co Ltd - Advanced Valuation Insights
This section examines the relationship between Fujian MinDong Electric Power 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 | 2.50 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | CN¥3.65 Billion |
| Market Capitalization | $418.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fujian MinDong Electric Power Co Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fujian MinDong Electric Power Co Ltd's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fujian MinDong Electric Power Co Ltd (1997–2024)
The table below shows the annual total assets of Fujian MinDong Electric Power Co Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.65 Billion | +8.09% |
| 2023-12-31 | CN¥3.38 Billion | -23.74% |
| 2022-12-31 | CN¥4.43 Billion | +2.16% |
| 2021-12-31 | CN¥4.34 Billion | +2.91% |
| 2020-12-31 | CN¥4.22 Billion | +10.60% |
| 2019-12-31 | CN¥3.81 Billion | -0.52% |
| 2018-12-31 | CN¥3.83 Billion | -13.92% |
| 2017-12-31 | CN¥4.45 Billion | +15.24% |
| 2016-12-31 | CN¥3.86 Billion | +12.98% |
| 2015-12-31 | CN¥3.42 Billion | -11.32% |
| 2014-12-31 | CN¥3.86 Billion | -7.87% |
| 2013-12-31 | CN¥4.19 Billion | +16.52% |
| 2012-12-31 | CN¥3.59 Billion | +28.29% |
| 2011-12-31 | CN¥2.80 Billion | +0.52% |
| 2010-12-31 | CN¥2.79 Billion | +11.75% |
| 2009-12-31 | CN¥2.49 Billion | -0.32% |
| 2008-12-31 | CN¥2.50 Billion | +2.03% |
| 2007-12-31 | CN¥2.45 Billion | +17.08% |
| 2006-12-31 | CN¥2.09 Billion | +5.63% |
| 2005-12-31 | CN¥1.98 Billion | -5.97% |
| 2004-12-31 | CN¥2.11 Billion | -18.29% |
| 2003-12-31 | CN¥2.58 Billion | +6.48% |
| 2002-12-31 | CN¥2.42 Billion | +11.37% |
| 2001-12-31 | CN¥2.18 Billion | +7.22% |
| 2000-12-31 | CN¥2.03 Billion | +192.83% |
| 1999-12-31 | CN¥693.04 Million | +15.84% |
| 1998-12-31 | CN¥598.25 Million | +29.58% |
| 1997-12-31 | CN¥461.68 Million | -- |