Shanghai Taisheng Wind Power
TSP Wind Power Group Co., Ltd. designs, manufactures, and sells wind towers in China. The company manufactures wind power equipment and generates power for wind power industry. The company was formerly known as Shanghai Taisheng Wind Power Equipment Co., Ltd. and changed its name to TSP Wind Power Group Co., Ltd. in March 2025. Shanghai Taisheng Wind Power Equipment Co., Ltd. was founded in 1995 … Read more
Shanghai Taisheng Wind Power (300129) - Total Assets
Latest total assets as of September 2025: CN¥10.39 Billion CNY
Based on the latest financial reports, Shanghai Taisheng Wind Power (300129) holds total assets worth CN¥10.39 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.
Shanghai Taisheng Wind Power - Total Assets Trend (2007–2024)
This chart illustrates how Shanghai Taisheng Wind Power’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanghai Taisheng Wind Power - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai Taisheng Wind Power's total assets of CN¥10.39 Billion consist of 77.1% current assets and 23.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.8% |
| Accounts Receivable | CN¥3.91 Billion | 41.5% |
| Inventory | CN¥1.89 Billion | 20.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥266.18 Million | 2.8% |
| Goodwill | CN¥15.67 Million | 0.2% |
Asset Composition Trend (2007–2024)
This chart illustrates how Shanghai Taisheng Wind Power'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: Shanghai Taisheng Wind Power's current assets represent 77.1% of total assets in 2024, an increase from 73.9% in 2007.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2024, down from 19.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 7.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 41.5% of total assets.
Shanghai Taisheng Wind Power Competitors by Total Assets
Key competitors of Shanghai Taisheng Wind Power based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Shanghai Taisheng Wind Power - 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
Moderate asset utilization - Shanghai Taisheng Wind Power generates 0.51x 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, Shanghai Taisheng Wind Power generates $ 1.93 in net profit.
Shanghai Taisheng Wind Power - 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 | 1.55 | 1.76 | 1.72 |
| Quick Ratio | 1.10 | 1.22 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.87 Billion | CN¥ 3.00 Billion | CN¥ 1.58 Billion |
Shanghai Taisheng Wind Power - Advanced Valuation Insights
This section examines the relationship between Shanghai Taisheng Wind Power'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 | 3.31 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 19.6% |
| Total Assets | CN¥9.41 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Taisheng Wind Power's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai Taisheng Wind Power's assets grew by 19.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai Taisheng Wind Power (2007–2024)
The table below shows the annual total assets of Shanghai Taisheng Wind Power from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.41 Billion | +19.63% |
| 2023-12-31 | CN¥7.87 Billion | +9.73% |
| 2022-12-31 | CN¥7.17 Billion | +23.52% |
| 2021-12-31 | CN¥5.81 Billion | +19.63% |
| 2020-12-31 | CN¥4.85 Billion | +13.52% |
| 2019-12-31 | CN¥4.28 Billion | +23.51% |
| 2018-12-31 | CN¥3.46 Billion | +7.57% |
| 2017-12-31 | CN¥3.22 Billion | +5.34% |
| 2016-12-31 | CN¥3.05 Billion | -1.79% |
| 2015-12-31 | CN¥3.11 Billion | +12.23% |
| 2014-12-31 | CN¥2.77 Billion | +16.51% |
| 2013-12-31 | CN¥2.38 Billion | +22.18% |
| 2012-12-31 | CN¥1.95 Billion | +21.55% |
| 2011-12-31 | CN¥1.60 Billion | +9.38% |
| 2010-12-31 | CN¥1.46 Billion | +139.97% |
| 2009-12-31 | CN¥610.10 Million | +9.65% |
| 2008-12-31 | CN¥556.42 Million | +149.81% |
| 2007-12-31 | CN¥222.74 Million | -- |