TCL Zhonghuan Renewable Energy Technology Co Ltd
TCL Zhonghuan Renewable Energy Technology Co.,Ltd. engages in the research, development, and manufacture of silicon materials in China and internationally. The company offers mono wafers and shingled modules. It is also involved in the photovoltaic power station business, including resource development, EPC engineering construction and management, maintenance, and other related services. Further,… Read more
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) - Total Assets
Latest total assets as of September 2025: CN¥123.12 Billion CNY
Based on the latest financial reports, TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) holds total assets worth CN¥123.12 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.
TCL Zhonghuan Renewable Energy Technology Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how TCL Zhonghuan Renewable Energy Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TCL Zhonghuan Renewable Energy Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
TCL Zhonghuan Renewable Energy Technology Co Ltd's total assets of CN¥123.12 Billion consist of 25.2% current assets and 74.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.0% |
| Accounts Receivable | CN¥8.93 Billion | 7.0% |
| Inventory | CN¥6.32 Billion | 4.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥5.76 Billion | 4.5% |
| Goodwill | CN¥2.04 Billion | 1.6% |
Asset Composition Trend (2004–2024)
This chart illustrates how TCL Zhonghuan Renewable Energy Technology 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: TCL Zhonghuan Renewable Energy Technology Co Ltd's current assets represent 25.2% of total assets in 2024, a decrease from 69.7% in 2004.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, down from 14.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 7.0% of total assets.
TCL Zhonghuan Renewable Energy Technology Co Ltd Competitors by Total Assets
Key competitors of TCL Zhonghuan Renewable Energy Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
|
Guangdong Huafeng New Energy Technology Co Ltd
SHE:002806
|
China | CN¥2.07 Billion |
TCL Zhonghuan Renewable Energy Technology 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 - TCL Zhonghuan Renewable Energy Technology Co Ltd generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TCL Zhonghuan Renewable Energy Technology Co Ltd is currently not profitable relative to its asset base.
TCL Zhonghuan Renewable Energy Technology 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 | 1.09 | 1.37 | 0.93 |
| Quick Ratio | 0.86 | 1.04 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.81 Billion | CN¥ 10.15 Billion | CN¥ -1.24 Billion |
TCL Zhonghuan Renewable Energy Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between TCL Zhonghuan Renewable Energy Technology 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 | 1.58 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | CN¥128.07 Billion |
| Market Capitalization | $3.68 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TCL Zhonghuan Renewable Energy Technology Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TCL Zhonghuan Renewable Energy Technology Co Ltd's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TCL Zhonghuan Renewable Energy Technology Co Ltd (2004–2024)
The table below shows the annual total assets of TCL Zhonghuan Renewable Energy Technology Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥128.07 Billion | +2.40% |
| 2023-12-31 | CN¥125.06 Billion | +14.60% |
| 2022-12-31 | CN¥109.13 Billion | +39.95% |
| 2021-12-31 | CN¥77.98 Billion | +32.80% |
| 2020-12-31 | CN¥58.72 Billion | +19.55% |
| 2019-12-31 | CN¥49.12 Billion | +15.04% |
| 2018-12-31 | CN¥42.70 Billion | +37.70% |
| 2017-12-31 | CN¥31.01 Billion | +34.84% |
| 2016-12-31 | CN¥22.99 Billion | +9.07% |
| 2015-12-31 | CN¥21.08 Billion | +48.86% |
| 2014-12-31 | CN¥14.16 Billion | +32.89% |
| 2013-12-31 | CN¥10.66 Billion | +10.27% |
| 2012-12-31 | CN¥9.66 Billion | +48.32% |
| 2011-12-31 | CN¥6.52 Billion | +60.64% |
| 2010-12-31 | CN¥4.06 Billion | +52.58% |
| 2009-12-31 | CN¥2.66 Billion | +29.62% |
| 2008-12-31 | CN¥2.05 Billion | +32.96% |
| 2007-12-31 | CN¥1.54 Billion | +51.01% |
| 2006-12-31 | CN¥1.02 Billion | +30.92% |
| 2005-12-31 | CN¥780.24 Million | +46.80% |
| 2004-12-31 | CN¥531.49 Million | -- |