Guangdong Meiyan Jixiang Hydropower Co Ltd

SHG:600868 China Utilities - Renewable
Market Cap
$1.08 Billion
CN¥7.90 Billion CNY
Market Cap Rank
#7299 Global
#1234 in China
Share Price
CN¥4.16
Change (1 day)
-3.93%
52-Week Range
CN¥2.69 - CN¥5.18
All Time High
CN¥9.52
About

Guangdong Meiyanjixiang Hydropower Co.,Ltd. generates hydroelectric power in China. The company operates hydropower stations; and is involved in geographical surveying and mapping information business. It also provides information system integration, urban planning and design, national land space planning compilation, data processing and storage support, and geographic remote sensing information … Read more

Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) - Total Assets

Latest total assets as of September 2025: CN¥2.87 Billion CNY

Based on the latest financial reports, Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) holds total assets worth CN¥2.87 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.

Guangdong Meiyan Jixiang Hydropower Co Ltd - Total Assets Trend (1994–2024)

This chart illustrates how Guangdong Meiyan Jixiang Hydropower Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Guangdong Meiyan Jixiang Hydropower Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Guangdong Meiyan Jixiang Hydropower Co Ltd's total assets of CN¥2.87 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 19.4%
Accounts Receivable CN¥397.65 Million 13.7%
Inventory CN¥55.71 Million 1.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥77.23 Million 2.7%
Goodwill CN¥2.57 Million 0.1%

Asset Composition Trend (1994–2024)

This chart illustrates how Guangdong Meiyan Jixiang Hydropower 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: Guangdong Meiyan Jixiang Hydropower Co Ltd's current assets represent 35.3% of total assets in 2024, an increase from 21.7% in 1994.
  • Cash Position: Cash and equivalents constituted 19.4% of total assets in 2024, up from 1.0% in 1994.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 1994.
  • Asset Diversification: The largest asset category is accounts receivable at 13.7% of total assets.

Guangdong Meiyan Jixiang Hydropower Co Ltd Competitors by Total Assets

Key competitors of Guangdong Meiyan Jixiang Hydropower Co Ltd based on total assets are shown below.

Guangdong Meiyan Jixiang Hydropower 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

Historical Range: 0.08 - 0.17

Lower asset utilization - Guangdong Meiyan Jixiang Hydropower Co Ltd generates 0.12x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -3.63% - 4.85%

Negative ROA - Guangdong Meiyan Jixiang Hydropower Co Ltd is currently not profitable relative to its asset base.

Guangdong Meiyan Jixiang Hydropower 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 2.25 3.66 14.09
Quick Ratio 2.06 3.42 14.08
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥543.19 Million CN¥ 780.61 Million CN¥ 363.28 Million

Guangdong Meiyan Jixiang Hydropower Co Ltd - Advanced Valuation Insights

This section examines the relationship between Guangdong Meiyan Jixiang Hydropower 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 3.85
Latest Market Cap to Assets Ratio 0.35
Asset Growth Rate (YoY) 5.1%
Total Assets CN¥2.91 Billion
Market Capitalization $1.01 Billion USD

Valuation Analysis

Below Book Valuation: The market values Guangdong Meiyan Jixiang Hydropower Co Ltd's assets below their book value (0.35 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Guangdong Meiyan Jixiang Hydropower Co Ltd's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Guangdong Meiyan Jixiang Hydropower Co Ltd (1994–2024)

The table below shows the annual total assets of Guangdong Meiyan Jixiang Hydropower Co Ltd from 1994 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.91 Billion +5.07%
2023-12-31 CN¥2.77 Billion -4.41%
2022-12-31 CN¥2.89 Billion +3.96%
2021-12-31 CN¥2.78 Billion +15.39%
2020-12-31 CN¥2.41 Billion +0.59%
2019-12-31 CN¥2.40 Billion +2.07%
2018-12-31 CN¥2.35 Billion -2.12%
2017-12-31 CN¥2.40 Billion -4.03%
2016-12-31 CN¥2.50 Billion -4.00%
2015-12-31 CN¥2.60 Billion -4.25%
2014-12-31 CN¥2.72 Billion -5.70%
2013-12-31 CN¥2.88 Billion -3.87%
2012-12-31 CN¥3.00 Billion -17.57%
2011-12-31 CN¥3.64 Billion -7.34%
2010-12-31 CN¥3.93 Billion -19.91%
2009-12-31 CN¥4.91 Billion -13.83%
2008-12-31 CN¥5.69 Billion -29.67%
2007-12-31 CN¥8.10 Billion -0.36%
2006-12-31 CN¥8.12 Billion -10.35%
2005-12-31 CN¥9.06 Billion +11.00%
2004-12-31 CN¥8.16 Billion +37.17%
2003-12-31 CN¥5.95 Billion +33.87%
2002-12-31 CN¥4.45 Billion +17.40%
2001-12-31 CN¥3.79 Billion +55.23%
2000-12-31 CN¥2.44 Billion +28.04%
1999-12-31 CN¥1.91 Billion +20.82%
1998-12-31 CN¥1.58 Billion +94.17%
1997-12-31 CN¥812.31 Million +24.91%
1996-12-31 CN¥650.34 Million +26.04%
1995-12-31 CN¥515.99 Million +35.12%
1994-12-31 CN¥381.86 Million --