Jiangsu Guoxin Corp Ltd

SHE:002608 China Utilities - Regulated Electric
Market Cap
$4.42 Billion
CN¥32.42 Billion CNY
Market Cap Rank
#8432 Global
#1600 in China
Share Price
CN¥8.58
Change (1 day)
-2.50%
52-Week Range
CN¥7.04 - CN¥8.80
All Time High
CN¥14.13
About

Jiangsu Guoxin Corp. Ltd. generates and sells electricity in China. It is involved in coal-fired power generation and gas-fired power generation; heating; provision of power services; and coal sales. The company also provides financial services, such as industrial finance, consumer finance, securities trusts, family trusts, equity investment, and financial management; and debt investment, securit… Read more

Jiangsu Guoxin Corp Ltd (002608) - Total Assets

Latest total assets as of September 2025: CN¥100.29 Billion CNY

Based on the latest financial reports, Jiangsu Guoxin Corp Ltd (002608) holds total assets worth CN¥100.29 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.

Jiangsu Guoxin Corp Ltd - Total Assets Trend (2008–2024)

This chart illustrates how Jiangsu Guoxin Corp Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Jiangsu Guoxin Corp Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiangsu Guoxin Corp Ltd's total assets of CN¥100.29 Billion consist of 29.4% current assets and 70.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.3%
Accounts Receivable CN¥3.72 Billion 3.9%
Inventory CN¥2.22 Billion 2.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥1.84 Billion 1.9%
Goodwill CN¥12.57 Million 0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Jiangsu Guoxin Corp 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: Jiangsu Guoxin Corp Ltd's current assets represent 29.4% of total assets in 2024, a decrease from 90.4% in 2008.
  • Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, up from 6.9% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2008.
  • Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.

Jiangsu Guoxin Corp Ltd Competitors by Total Assets

Key competitors of Jiangsu Guoxin Corp Ltd based on total assets are shown below.

Jiangsu Guoxin Corp 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

Historical Range: 0.29 - 4.94

Lower asset utilization - Jiangsu Guoxin Corp Ltd generates 0.39x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -80.29% - 4.76%

Moderate ROA - For every $100 in assets, Jiangsu Guoxin Corp Ltd generates $ 3.38 in net profit.

Jiangsu Guoxin Corp 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 0.96 1.34 0.97
Quick Ratio 0.92 1.27 0.94
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-1.09 Billion CN¥ 6.74 Billion CN¥ -653.28 Million

Jiangsu Guoxin Corp Ltd - Advanced Valuation Insights

This section examines the relationship between Jiangsu Guoxin Corp 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 0.82
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 7.9%
Total Assets CN¥95.92 Billion
Market Capitalization $761.27 Million USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Guoxin Corp Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Jiangsu Guoxin Corp Ltd's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Jiangsu Guoxin Corp Ltd (2008–2024)

The table below shows the annual total assets of Jiangsu Guoxin Corp Ltd from 2008 to 2024.

Year Total Assets Change
2024-12-31 CN¥95.92 Billion +7.93%
2023-12-31 CN¥88.87 Billion +7.29%
2022-12-31 CN¥82.83 Billion +2.96%
2021-12-31 CN¥80.45 Billion +7.89%
2020-12-31 CN¥74.57 Billion +6.23%
2019-12-31 CN¥70.19 Billion +30.84%
2018-12-31 CN¥53.65 Billion +17.13%
2017-12-31 CN¥45.81 Billion +5.93%
2016-12-31 CN¥43.24 Billion +1283.13%
2015-12-31 CN¥3.13 Billion -66.74%
2014-12-31 CN¥9.40 Billion +25.85%
2013-12-31 CN¥7.47 Billion +15.16%
2012-12-31 CN¥6.49 Billion +36.15%
2011-12-31 CN¥4.76 Billion +17.33%
2010-12-31 CN¥4.06 Billion -4.25%
2009-12-31 CN¥4.24 Billion +21.12%
2008-12-31 CN¥3.50 Billion --