State Power Rixin Technology Co. Ltd.
State Power Rixin Technology Co., Ltd. provides data services and application solutions for energy industry in China and internationally. The company offers energy data management, intelligent power station services, smart power grid planning and operation services, and power trading services. It also provides energy data management solutions comprising wind and light, centralized, and wind-bird … Read more
State Power Rixin Technology Co. Ltd. (301162) - Total Assets
Latest total assets as of June 2025: CN¥1.96 Billion CNY
Based on the latest financial reports, State Power Rixin Technology Co. Ltd. (301162) holds total assets worth CN¥1.96 Billion CNY as of June 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.
State Power Rixin Technology Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how State Power Rixin Technology Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
State Power Rixin Technology Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
State Power Rixin Technology Co. Ltd.'s total assets of CN¥1.96 Billion consist of 66.3% current assets and 33.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 28.0% |
| Accounts Receivable | CN¥349.92 Million | 19.5% |
| Inventory | CN¥106.27 Million | 5.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥17.43 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how State Power Rixin 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: State Power Rixin Technology Co. Ltd.'s current assets represent 66.3% of total assets in 2024, a decrease from 96.7% in 2019.
- Cash Position: Cash and equivalents constituted 28.0% of total assets in 2024, up from 7.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 19.5% of total assets.
State Power Rixin Technology Co. Ltd. Competitors by Total Assets
Key competitors of State Power Rixin Technology Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
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 |
State Power Rixin 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 - State Power Rixin Technology Co. Ltd. generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, State Power Rixin Technology Co. Ltd. generates $5.22 in net profit.
State Power Rixin 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 | 2.30 | 3.85 | 2.46 |
| Quick Ratio | 2.07 | 3.57 | 2.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥622.06 Million | CN¥ 831.22 Million | CN¥ 231.44 Million |
State Power Rixin Technology Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between State Power Rixin 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 | 6.16 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | 28.2% |
| Total Assets | CN¥1.79 Billion |
| Market Capitalization | $693.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values State Power Rixin Technology Co. Ltd.'s assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: State Power Rixin Technology Co. Ltd.'s assets grew by 28.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for State Power Rixin Technology Co. Ltd. (2019–2024)
The table below shows the annual total assets of State Power Rixin Technology Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.79 Billion | +28.25% |
| 2023-12-31 | CN¥1.40 Billion | +12.93% |
| 2022-12-31 | CN¥1.24 Billion | +187.01% |
| 2021-12-31 | CN¥431.51 Million | +26.31% |
| 2020-12-31 | CN¥341.62 Million | +63.58% |
| 2019-12-31 | CN¥208.84 Million | -- |