Shanghai Taisheng Wind Power (300129) - Total Assets
Based on the latest financial reports, Shanghai Taisheng Wind Power (300129) holds total assets worth CN¥10.81 Billion CNY (≈ $1.58 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. Explore 300129 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Shanghai Taisheng Wind Power - Total Assets Trend (2007–2025)
This chart illustrates how Shanghai Taisheng Wind Power's total assets have evolved over time, based on quarterly financial data. See 300129 book value for net asset value and shareholders' equity analysis.
Shanghai Taisheng Wind Power - Asset Composition Analysis
Current Asset Composition (December 2025)
Shanghai Taisheng Wind Power's total assets of CN¥10.81 Billion consist of 75.8% current assets and 24.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.3% |
| Accounts Receivable | CN¥2.56 Billion | 21.7% |
| Inventory | CN¥1.86 Billion | 15.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥308.18 Million | 2.6% |
| Goodwill | CN¥15.67 Million | 0.1% |
Asset Composition Trend (2007–2025)
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. For live market cap, price, and company overview, see Shanghai Taisheng Wind Power stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Taisheng Wind Power's current assets represent 75.8% of total assets in 2025, an increase from 73.9% in 2007.
- Cash Position: Cash and equivalents constituted 24.3% of total assets in 2025, up 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 21.7% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Jiangsu Rongtai Industry Co. Ltd.
SHG:605133
|
China | CN¥6.73 Billion |
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 | 1.95 | 1.72 | 1.75 |
| Quick Ratio | 1.48 | 1.20 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.55 Billion | CN¥2.98 Billion | CN¥1.70 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 | 1.72 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 25.2% |
| Total Assets | CN¥11.79 Billion |
| Market Capitalization | $1.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Taisheng Wind Power's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai Taisheng Wind Power's assets grew by 25.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai Taisheng Wind Power (2007–2025)
The table below shows the annual total assets of Shanghai Taisheng Wind Power from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.79 Billion ≈ $1.73 Billion |
+25.24% |
| 2024-12-31 | CN¥9.41 Billion ≈ $1.38 Billion |
+19.63% |
| 2023-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
+9.73% |
| 2022-12-31 | CN¥7.17 Billion ≈ $1.05 Billion |
+23.52% |
| 2021-12-31 | CN¥5.81 Billion ≈ $849.62 Million |
+19.63% |
| 2020-12-31 | CN¥4.85 Billion ≈ $710.19 Million |
+13.52% |
| 2019-12-31 | CN¥4.28 Billion ≈ $625.59 Million |
+23.51% |
| 2018-12-31 | CN¥3.46 Billion ≈ $506.51 Million |
+7.57% |
| 2017-12-31 | CN¥3.22 Billion ≈ $470.85 Million |
+5.34% |
| 2016-12-31 | CN¥3.05 Billion ≈ $446.97 Million |
-1.79% |
| 2015-12-31 | CN¥3.11 Billion ≈ $455.10 Million |
+12.23% |
| 2014-12-31 | CN¥2.77 Billion ≈ $405.49 Million |
+16.51% |
| 2013-12-31 | CN¥2.38 Billion ≈ $348.02 Million |
+22.18% |
| 2012-12-31 | CN¥1.95 Billion ≈ $284.85 Million |
+21.55% |
| 2011-12-31 | CN¥1.60 Billion ≈ $234.34 Million |
+9.38% |
| 2010-12-31 | CN¥1.46 Billion ≈ $214.24 Million |
+139.97% |
| 2009-12-31 | CN¥610.10 Million ≈ $89.28 Million |
+9.65% |
| 2008-12-31 | CN¥556.42 Million ≈ $81.42 Million |
+149.81% |
| 2007-12-31 | CN¥222.74 Million ≈ $32.59 Million |
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About Shanghai Taisheng Wind Power
TSP Wind Power Group Co., Ltd. designs, manufactures, and sells wind towers in China. It offers onshore wind power equipment under its own brand, including steel and reinforced concrete towers, as well as offshore wind power and marine engineering equipment comprising offshore towers, jacket structures, pipe piles, substation platforms, and related accessories and parts. The company was formerly … Read more