Zhejiang Provincial New Energy Investment Group Co Ltd (600032) - Total Assets
Based on the latest financial reports, Zhejiang Provincial New Energy Investment Group Co Ltd (600032) holds total assets worth CN¥59.85 Billion CNY (≈ $8.76 Billion USD) 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. See 600032 net assets for net asset value and shareholders' equity analysis.
Zhejiang Provincial New Energy Investment Group Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Zhejiang Provincial New Energy Investment Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Provincial New Energy Investment Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Provincial New Energy Investment Group Co Ltd's total assets of CN¥59.85 Billion consist of 19.6% current assets and 80.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.2% |
| Accounts Receivable | CN¥8.60 Billion | 14.6% |
| Inventory | CN¥9.30 Million | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥405.85 Million | 0.7% |
| Goodwill | CN¥25.91 Million | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Zhejiang Provincial New Energy Investment Group 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. For live market cap, price, and company overview, see market cap of Zhejiang Provincial New Energy Investmen.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Provincial New Energy Investment Group Co Ltd's current assets represent 19.6% of total assets in 2024, an increase from 8.7% in 2016.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, down from 7.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 14.6% of total assets.
Zhejiang Provincial New Energy Investment Group Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Provincial New Energy Investment Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AXIA Energia
NYSE:AXIA
|
USA | $266.50 Billion |
|
Adani Green Energy Limited
NSE:ADANIGREEN
|
India | Rs1.26 Trillion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XC
|
Germany | €266.50 Billion |
|
Engie Brasil Energia S.A.
SA:EGIE3
|
Brazil | R$55.31 Billion |
|
Engie Brasil Energia S.A
F:7TE1
|
Germany | €53.31 Billion |
|
Enel Generación Chile S.A
SN:ENELGXCH
|
Chile | CL$4.30 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
China | CN¥182.32 Billion |
|
Jinko Power Technology Co Ltd
SHG:601778
|
China | CN¥42.34 Billion |
Zhejiang Provincial New Energy Investment Group 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 | 1.31 | 1.54 | 0.69 |
| Quick Ratio | 1.31 | 1.54 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.04 Billion | CN¥4.17 Billion | CN¥-2.18 Billion |
Zhejiang Provincial New Energy Investment Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Provincial New Energy Investment Group 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 | 1.44 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | CN¥58.90 Billion |
| Market Capitalization | $3.47 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Provincial New Energy Investment Group Co Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Provincial New Energy Investment Group Co Ltd's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)
The table below shows the annual total assets of Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥58.90 Billion ≈ $8.62 Billion |
+11.28% |
| 2023-12-31 | CN¥52.93 Billion ≈ $7.75 Billion |
+13.49% |
| 2022-12-31 | CN¥46.64 Billion ≈ $6.83 Billion |
+12.97% |
| 2021-12-31 | CN¥41.28 Billion ≈ $6.04 Billion |
+38.67% |
| 2020-12-31 | CN¥29.77 Billion ≈ $4.36 Billion |
+23.07% |
| 2019-12-31 | CN¥24.19 Billion ≈ $3.54 Billion |
+40.06% |
| 2018-12-31 | CN¥17.27 Billion ≈ $2.53 Billion |
+104.96% |
| 2017-12-31 | CN¥8.43 Billion ≈ $1.23 Billion |
+5.58% |
| 2016-12-31 | CN¥7.98 Billion ≈ $1.17 Billion |
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About Zhejiang Provincial New Energy Investment Group Co Ltd
Zhejiang Provincial New Energy Investment Group Co., Ltd. engages in the investment, development, construction, operation, and management of renewable energy projects in China. The company is involved in wind power, photovoltaics, hydropower, hydrogen energy and energy storage projects. It engages in sale of electricity; and investment management business. It has a total installed capacity of app… Read more