Sieyuan Electric Co Ltd (002028) - Total Assets

Latest as of March 2026: CN¥30.37 Billion CNY ≈ $4.44 Billion USD

Based on the latest financial reports, Sieyuan Electric Co Ltd (002028) holds total assets worth CN¥30.37 Billion CNY (≈ $4.44 Billion USD) as of March 2026. 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. Check Sieyuan Electric Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Sieyuan Electric Co Ltd - Total Assets Trend (2001–2025)

This chart illustrates how Sieyuan Electric Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore Sieyuan Electric Co Ltd (002028) investment intensity to see how much of total assets are deployed in long-term investments.

Sieyuan Electric Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Sieyuan Electric Co Ltd's total assets of CN¥30.37 Billion consist of 80.8% current assets and 19.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 16.5%
Accounts Receivable CN¥8.18 Billion 27.4%
Inventory CN¥4.08 Billion 13.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥558.50 Million 1.9%
Goodwill CN¥541.00 Million 1.8%

Asset Composition Trend (2001–2025)

This chart illustrates how Sieyuan Electric 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 002028 company net worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Sieyuan Electric Co Ltd's current assets represent 80.8% of total assets in 2025, a decrease from 84.7% in 2001.
  • Cash Position: Cash and equivalents constituted 16.5% of total assets in 2025, down from 33.6% in 2001.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2001.
  • Asset Diversification: The largest asset category is accounts receivable at 27.4% of total assets.

Sieyuan Electric Co Ltd Competitors by Total Assets

Key competitors of Sieyuan Electric Co Ltd based on total assets are shown below.

Company Country Total Assets
Sungrow Power Supply Co Ltd
SHE:300274
China CN¥121.86 Billion
Nantong Jianghai Capacitor Co Ltd
SHE:002484
China CN¥8.78 Billion
Sinomag Technology Co Ltd
SHE:300835
China CN¥2.38 Billion
Zhejiang HangKe Technology Co Ltd
SHG:688006
China CN¥9.85 Billion
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A
SHG:603052
China CN¥1.73 Billion
Xiamen Kehua Hengsheng
SHE:002335
China CN¥13.73 Billion
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
China CN¥4.04 Billion
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
China CN¥12.90 Billion

Sieyuan Electric 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 1.79 1.83 2.06
Quick Ratio 1.42 1.44 1.52
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥10.76 Billion CN¥8.59 Billion CN¥4.07 Billion

Sieyuan Electric Co Ltd - Advanced Valuation Insights

This section examines the relationship between Sieyuan Electric 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 8.35
Latest Market Cap to Assets Ratio 0.73
Asset Growth Rate (YoY) 27.1%
Total Assets CN¥29.84 Billion
Market Capitalization $21.78 Billion USD

Valuation Analysis

Below Book Valuation: The market values Sieyuan Electric Co Ltd's assets below their book value (0.73x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Sieyuan Electric Co Ltd's assets grew by 27.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Sieyuan Electric Co Ltd (2001–2025)

The table below shows the annual total assets of Sieyuan Electric Co Ltd from 2001 to 2025.

Year Total Assets Change
2025-12-31 CN¥29.84 Billion
≈ $4.37 Billion
+27.12%
2024-12-31 CN¥23.47 Billion
≈ $3.43 Billion
+25.30%
2023-12-31 CN¥18.73 Billion
≈ $2.74 Billion
+19.21%
2022-12-31 CN¥15.71 Billion
≈ $2.30 Billion
+12.94%
2021-12-31 CN¥13.91 Billion
≈ $2.04 Billion
+25.26%
2020-12-31 CN¥11.11 Billion
≈ $1.63 Billion
+25.30%
2019-12-31 CN¥8.87 Billion
≈ $1.30 Billion
+16.97%
2018-12-31 CN¥7.58 Billion
≈ $1.11 Billion
+11.63%
2017-12-31 CN¥6.79 Billion
≈ $993.57 Million
+5.10%
2016-12-31 CN¥6.46 Billion
≈ $945.33 Million
+4.32%
2015-12-31 CN¥6.19 Billion
≈ $906.19 Million
+13.95%
2014-12-31 CN¥5.43 Billion
≈ $795.25 Million
+8.52%
2013-12-31 CN¥5.01 Billion
≈ $732.81 Million
+15.32%
2012-12-31 CN¥4.34 Billion
≈ $635.47 Million
+14.52%
2011-12-31 CN¥3.79 Billion
≈ $554.88 Million
-7.65%
2010-12-31 CN¥4.11 Billion
≈ $600.85 Million
+6.35%
2009-12-31 CN¥3.86 Billion
≈ $564.95 Million
+27.92%
2008-12-31 CN¥3.02 Billion
≈ $441.63 Million
+5.04%
2007-12-31 CN¥2.87 Billion
≈ $420.43 Million
+96.94%
2006-12-31 CN¥1.46 Billion
≈ $213.49 Million
+77.96%
2005-12-31 CN¥819.81 Million
≈ $119.96 Million
+27.90%
2004-12-31 CN¥640.97 Million
≈ $93.79 Million
+306.30%
2003-12-31 CN¥157.76 Million
≈ $23.09 Million
+28.92%
2002-12-31 CN¥122.37 Million
≈ $17.91 Million
+19.70%
2001-12-31 CN¥102.23 Million
≈ $14.96 Million
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About Sieyuan Electric Co Ltd

SHE:002028 China Electrical Equipment & Parts
Market Cap
$21.78 Billion
CN¥148.82 Billion CNY
Market Cap Rank
#1202 Global
#99 in China
Share Price
CN¥190.20
Change (1 day)
+1.75%
52-Week Range
CN¥69.99 - CN¥233.51
All Time High
CN¥233.51
About

Sieyuan Electric Co., Ltd. engages in design, research and development, manufacturing, sale, service, and EPC of power transmission and distribution equipment in China and internationally. The company offers transmission and transformation products, such as FACTS, HVDC, High-voltage substation, power transformer, high-voltage switchgear, HV, circuit breaker and disconnector, substation automation… Read more