Jiangsu SINOJIT Wind Energy Technology Co Ltd (601218) - Total Assets
Based on the latest financial reports, Jiangsu SINOJIT Wind Energy Technology Co Ltd (601218) holds total assets worth CN¥3.72 Billion CNY (≈ $544.18 Million 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. Check total reinvestment intensity of Jiangsu SINOJIT Wind Energy Technology C to assess the company's total reinvestment commitment from operating cash flow.
Jiangsu SINOJIT Wind Energy Technology Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Jiangsu SINOJIT Wind Energy Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore Jiangsu SINOJIT Wind Energy Technology C (601218) investment intensity to see how much of total assets are deployed in long-term investments.
Jiangsu SINOJIT Wind Energy Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu SINOJIT Wind Energy Technology Co Ltd's total assets of CN¥3.72 Billion consist of 47.1% current assets and 53.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.0% |
| Accounts Receivable | CN¥617.53 Million | 17.0% |
| Inventory | CN¥254.92 Million | 7.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥152.47 Million | 4.2% |
| Goodwill | CN¥141.72K | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Jiangsu SINOJIT Wind Energy 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. For live market cap, price, and company overview, see 601218 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu SINOJIT Wind Energy Technology Co Ltd's current assets represent 47.1% of total assets in 2024, a decrease from 68.0% in 2008.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, down from 19.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 17.0% of total assets.
Jiangsu SINOJIT Wind Energy Technology Co Ltd Competitors by Total Assets
Key competitors of Jiangsu SINOJIT Wind Energy Technology Co Ltd 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 |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
Jiangsu SINOJIT Wind Energy 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 | 3.96 | 4.62 | 2.03 |
| Quick Ratio | 3.36 | 3.98 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.37 Billion | CN¥1.35 Billion | CN¥1.14 Billion |
Jiangsu SINOJIT Wind Energy Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu SINOJIT Wind Energy 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 | 1.76 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | CN¥3.64 Billion |
| Market Capitalization | $655.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu SINOJIT Wind Energy Technology Co Ltd's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Jiangsu SINOJIT Wind Energy Technology Co Ltd's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu SINOJIT Wind Energy Technology Co Ltd (2008–2024)
The table below shows the annual total assets of Jiangsu SINOJIT Wind Energy Technology Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.64 Billion ≈ $532.91 Million |
-2.60% |
| 2023-12-31 | CN¥3.74 Billion ≈ $547.15 Million |
-3.33% |
| 2022-12-31 | CN¥3.87 Billion ≈ $565.99 Million |
-3.62% |
| 2021-12-31 | CN¥4.01 Billion ≈ $587.25 Million |
-5.33% |
| 2020-12-31 | CN¥4.24 Billion ≈ $620.34 Million |
-7.06% |
| 2019-12-31 | CN¥4.56 Billion ≈ $667.50 Million |
+2.52% |
| 2018-12-31 | CN¥4.45 Billion ≈ $651.06 Million |
+8.01% |
| 2017-12-31 | CN¥4.12 Billion ≈ $602.77 Million |
+7.93% |
| 2016-12-31 | CN¥3.82 Billion ≈ $558.46 Million |
-2.96% |
| 2015-12-31 | CN¥3.93 Billion ≈ $575.50 Million |
+1.64% |
| 2014-12-31 | CN¥3.87 Billion ≈ $566.19 Million |
+1.01% |
| 2013-12-31 | CN¥3.83 Billion ≈ $560.51 Million |
+2.87% |
| 2012-12-31 | CN¥3.72 Billion ≈ $544.89 Million |
-0.42% |
| 2011-12-31 | CN¥3.74 Billion ≈ $547.19 Million |
+42.16% |
| 2010-12-31 | CN¥2.63 Billion ≈ $384.91 Million |
+39.08% |
| 2009-12-31 | CN¥1.89 Billion ≈ $276.75 Million |
+52.94% |
| 2008-12-31 | CN¥1.24 Billion ≈ $180.96 Million |
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About Jiangsu SINOJIT Wind Energy Technology Co Ltd
Jiangsu JIXIN Wind Energy Technology Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells wind turbine components in China. The company offers hubs, bases, bedplates, bearing and bearing seats, top rings, and shafts. It is also involved in the development, construction, operation, and management of wind farms, as well as technical consulting and services relate… Read more