Shenzhen Topraysolar Co Ltd
SHENZHEN TOPRAYSOLAR Co.,Ltd. engages in research, development, production, and sale of solar chips and components in China. It also offers solar power supplies, application products, photovoltaic glass and brackets, and collector plates, as well as water heater systems; designs, installs, and sells, solar hot water projects, solar power station, and wind power projects. In addition, the company … Read more
Shenzhen Topraysolar Co Ltd (002218) - Total Assets
Latest total assets as of September 2025: CN¥6.66 Billion CNY
Based on the latest financial reports, Shenzhen Topraysolar Co Ltd (002218) holds total assets worth CN¥6.66 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.
Shenzhen Topraysolar Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Shenzhen Topraysolar Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shenzhen Topraysolar Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Topraysolar Co Ltd's total assets of CN¥6.66 Billion consist of 40.0% current assets and 60.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.3% |
| Accounts Receivable | CN¥1.41 Billion | 20.7% |
| Inventory | CN¥398.57 Million | 5.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥332.89 Million | 4.9% |
| Goodwill | CN¥13.37 Million | 0.2% |
Asset Composition Trend (2004–2024)
This chart illustrates how Shenzhen Topraysolar 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: Shenzhen Topraysolar Co Ltd's current assets represent 40.0% of total assets in 2024, a decrease from 85.1% in 2004.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 31.4% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 2.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 20.7% of total assets.
Shenzhen Topraysolar Co Ltd Competitors by Total Assets
Key competitors of Shenzhen Topraysolar Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
|
Solarvest Holdings Bhd
KLSE:0215
|
Malaysia | RM1.11 Billion |
Shenzhen Topraysolar 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 - Shenzhen Topraysolar Co Ltd generates 0.19x 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, Shenzhen Topraysolar Co Ltd generates $ 0.16 in net profit.
Shenzhen Topraysolar 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 | 4.57 | 3.68 | 1.05 |
| Quick Ratio | 4.11 | 3.17 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.06 Billion | CN¥ 1.98 Billion | CN¥ 121.16 Million |
Shenzhen Topraysolar Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shenzhen Topraysolar 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 | 2.31 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | CN¥6.81 Billion |
| Market Capitalization | $670.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Topraysolar Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shenzhen Topraysolar Co Ltd's assets grew by 2.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shenzhen Topraysolar Co Ltd (2004–2024)
The table below shows the annual total assets of Shenzhen Topraysolar Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.81 Billion | +2.26% |
| 2023-12-31 | CN¥6.66 Billion | -6.79% |
| 2022-12-31 | CN¥7.14 Billion | +1.50% |
| 2021-12-31 | CN¥7.04 Billion | +7.99% |
| 2020-12-31 | CN¥6.52 Billion | +3.87% |
| 2019-12-31 | CN¥6.27 Billion | -0.94% |
| 2018-12-31 | CN¥6.33 Billion | +10.13% |
| 2017-12-31 | CN¥5.75 Billion | +19.70% |
| 2016-12-31 | CN¥4.80 Billion | +13.07% |
| 2015-12-31 | CN¥4.25 Billion | +32.95% |
| 2014-12-31 | CN¥3.20 Billion | +24.58% |
| 2013-12-31 | CN¥2.56 Billion | +11.32% |
| 2012-12-31 | CN¥2.30 Billion | +14.25% |
| 2011-12-31 | CN¥2.02 Billion | +46.83% |
| 2010-12-31 | CN¥1.37 Billion | +52.29% |
| 2009-12-31 | CN¥901.81 Million | +18.51% |
| 2008-12-31 | CN¥760.98 Million | +239.89% |
| 2007-12-31 | CN¥223.89 Million | +25.15% |
| 2006-12-31 | CN¥178.90 Million | +65.94% |
| 2005-12-31 | CN¥107.81 Million | +132.07% |
| 2004-12-31 | CN¥46.45 Million | -- |