Tongwei Co Ltd (600438) - Total Assets

Latest as of March 2026: CN¥186.99 Billion CNY ≈ $27.36 Billion USD

Based on the latest financial reports, Tongwei Co Ltd (600438) holds total assets worth CN¥186.99 Billion CNY (≈ $27.36 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. Check 600438 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Tongwei Co Ltd - Total Assets Trend (2000–2025)

This chart illustrates how Tongwei Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 600438 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Tongwei Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Tongwei Co Ltd's total assets of CN¥186.99 Billion consist of 35.3% current assets and 64.7% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	9.3%
Accounts Receivable	CN¥6.86 Billion	3.7%
Inventory	CN¥14.88 Billion	7.9%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥4.99 Billion	2.7%
Goodwill	CN¥243.87 Million	0.1%

Asset Composition Trend (2000–2025)

This chart illustrates how Tongwei 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 Tongwei Co Ltd market cap and net worth.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Tongwei Co Ltd's current assets represent 35.3% of total assets in 2025, a decrease from 76.6% in 2000.
Cash Position: Cash and equivalents constituted 9.3% of total assets in 2025, down from 13.0% in 2000.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2000.
Asset Diversification: The largest asset category is inventory at 7.9% of total assets.

Tongwei Co Ltd Competitors by Total Assets

Key competitors of Tongwei Co Ltd based on total assets are shown below.

Company	Country	Total Assets
United Renewable Energy Co Ltd TW:3576	Taiwan	NT$24.05 Billion
Lingda Group Co Ltd SHE:300125	China	CN¥1.58 Billion
7C Solarparken AG XETRA:HRPK	Germany	€516.93 Million
ANJI Technology Co. Ltd TW:6477	Taiwan	NT$8.20 Billion
Clearvue Technologies Ltd AU:CPV	Australia	AU$12.51 Million
Mpower Group Ltd AU:MPR	Australia	AU$14.99 Million
Clear Blue Technologies International Inc V:CBLU	Canada	CA$5.95 Million
Solar Alliance Energy Inc V:SOLR	Canada	CA$866.77K

Tongwei 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	1.07	1.32	0.96
Quick Ratio	0.78	1.07	0.82
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥4.18 Billion	CN¥19.66 Billion	CN¥-1.46 Billion

Tongwei Co Ltd - Advanced Valuation Insights

This section examines the relationship between Tongwei 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	1.63
Latest Market Cap to Assets Ratio	0.05
Asset Growth Rate (YoY)	-4.2%
Total Assets	CN¥187.78 Billion
Market Capitalization	$8.90 Billion USD

Valuation Analysis

Below Book Valuation: The market values Tongwei Co Ltd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Tongwei Co Ltd's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Tongwei Co Ltd (2000–2025)

The table below shows the annual total assets of Tongwei Co Ltd from 2000 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥187.78 Billion ≈ $27.48 Billion	-4.15%
2024-12-31	CN¥195.92 Billion ≈ $28.67 Billion	+19.20%
2023-12-31	CN¥164.36 Billion ≈ $24.05 Billion	+13.16%
2022-12-31	CN¥145.24 Billion ≈ $21.25 Billion	+64.58%
2021-12-31	CN¥88.25 Billion ≈ $12.91 Billion	+37.35%
2020-12-31	CN¥64.25 Billion ≈ $9.40 Billion	+37.23%
2019-12-31	CN¥46.82 Billion ≈ $6.85 Billion	+21.66%
2018-12-31	CN¥38.48 Billion ≈ $5.63 Billion	+50.63%
2017-12-31	CN¥25.55 Billion ≈ $3.74 Billion	+19.39%
2016-12-31	CN¥21.40 Billion ≈ $3.13 Billion	+251.39%
2015-12-31	CN¥6.09 Billion ≈ $891.12 Million	-1.45%
2014-12-31	CN¥6.18 Billion ≈ $904.22 Million	+15.80%
2013-12-31	CN¥5.34 Billion ≈ $780.88 Million	+17.51%
2012-12-31	CN¥4.54 Billion ≈ $664.52 Million	+14.63%
2011-12-31	CN¥3.96 Billion ≈ $579.70 Million	+7.57%
2010-12-31	CN¥3.68 Billion ≈ $538.91 Million	-34.37%
2009-12-31	CN¥5.61 Billion ≈ $821.10 Million	+8.84%
2008-12-31	CN¥5.16 Billion ≈ $754.43 Million	+66.17%
2007-12-31	CN¥3.10 Billion ≈ $454.01 Million	+32.66%
2006-12-31	CN¥2.34 Billion ≈ $342.23 Million	+63.80%
2005-12-31	CN¥1.43 Billion ≈ $208.93 Million	+24.66%
2004-12-31	CN¥1.15 Billion ≈ $167.60 Million	+26.87%
2003-12-31	CN¥902.78 Million ≈ $132.10 Million	+49.53%
2002-12-31	CN¥603.72 Million ≈ $88.34 Million	+32.35%
2001-12-31	CN¥456.15 Million ≈ $66.75 Million	+100.27%
2000-12-31	CN¥227.77 Million ≈ $33.33 Million	--

About Tongwei Co Ltd

SHG:600438 China Solar

Market Cap

$8.90 Billion

CN¥60.82 Billion CNY

Market Cap Rank

#2459 Global

#301 in China

Share Price

CN¥13.51

Change (1 day)

-0.44%

52-Week Range

CN¥12.89 - CN¥27.16

All Time High

CN¥62.55