Shaanxi Meineng Clean Energy Corp. Ltd. A
Shaanxi Meineng Clean Energy Corp.,Ltd. operates as a professional gas operating company in the People's Republic of China. The company invests, constructs, and operates city gas projects, compressed natural gas refueling stations, LNG production plants and refueling stations, coal-to-natural gas production plants, natural gas facility equipment installation, and gas transmission pipelines. It al… Read more
Shaanxi Meineng Clean Energy Corp. Ltd. A (001299) - Total Assets
Latest total assets as of June 2025: CN¥1.61 Billion CNY
Based on the latest financial reports, Shaanxi Meineng Clean Energy Corp. Ltd. A (001299) holds total assets worth CN¥1.61 Billion CNY 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.
Shaanxi Meineng Clean Energy Corp. Ltd. A - Total Assets Trend (2019–2024)
This chart illustrates how Shaanxi Meineng Clean Energy Corp. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shaanxi Meineng Clean Energy Corp. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Shaanxi Meineng Clean Energy Corp. Ltd. A's total assets of CN¥1.61 Billion consist of 60.9% current assets and 39.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.6% |
| Accounts Receivable | CN¥9.59 Million | 0.5% |
| Inventory | CN¥13.52 Million | 0.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥34.56 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Shaanxi Meineng Clean Energy Corp. Ltd. A'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: Shaanxi Meineng Clean Energy Corp. Ltd. A's current assets represent 60.9% of total assets in 2024, an increase from 37.1% in 2019.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2024, up from 6.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 2.0% of total assets.
Shaanxi Meineng Clean Energy Corp. Ltd. A Competitors by Total Assets
Key competitors of Shaanxi Meineng Clean Energy Corp. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
|
Daesung Holdin
KO:016710
|
Korea | ₩1.08 Trillion |
Shaanxi Meineng Clean Energy Corp. Ltd. A - 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 - Shaanxi Meineng Clean Energy Corp. Ltd. A generates 0.38x 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, Shaanxi Meineng Clean Energy Corp. Ltd. A generates $ 4.94 in net profit.
Shaanxi Meineng Clean Energy Corp. Ltd. A - 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 | 2.23 | 2.82 | 1.55 |
| Quick Ratio | 2.19 | 2.77 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥486.11 Million | CN¥ 653.97 Million | CN¥ 173.38 Million |
Shaanxi Meineng Clean Energy Corp. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Shaanxi Meineng Clean Energy Corp. Ltd. A'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 | 2.87 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 0.7% |
| Total Assets | CN¥1.77 Billion |
| Market Capitalization | $108.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shaanxi Meineng Clean Energy Corp. Ltd. A's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shaanxi Meineng Clean Energy Corp. Ltd. A's assets grew by 0.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shaanxi Meineng Clean Energy Corp. Ltd. A (2019–2024)
The table below shows the annual total assets of Shaanxi Meineng Clean Energy Corp. Ltd. A from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Billion | +0.73% |
| 2023-12-31 | CN¥1.75 Billion | +8.32% |
| 2022-12-31 | CN¥1.62 Billion | +58.48% |
| 2021-12-31 | CN¥1.02 Billion | +12.25% |
| 2020-12-31 | CN¥910.12 Million | +14.61% |
| 2019-12-31 | CN¥794.11 Million | -- |