Ming Yang Smart Energy Group Ltd (601615) - Total Assets

Latest as of June 2026: CN¥97.42 Billion CNY ≈ $14.26 Billion USD

Based on the latest financial reports, Ming Yang Smart Energy Group Ltd (601615) holds total assets worth CN¥97.42 Billion CNY (≈ $14.26 Billion USD) as of June 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.

Ming Yang Smart Energy Group Ltd - Total Assets Trend (2007–2025)

This chart illustrates how Ming Yang Smart Energy Group Ltd's total assets have evolved over time, based on quarterly financial data. Also see 601615 company net worth for the company's overall valuation and market capitalisation.

Ming Yang Smart Energy Group Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Ming Yang Smart Energy Group Ltd's total assets of CN¥97.42 Billion consist of 60.2% current assets and 39.8% non-current assets. Review total liabilities of Ming Yang Smart Energy Group Ltd to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	11.0%
Accounts Receivable	CN¥16.84 Billion	17.4%
Inventory	CN¥18.22 Billion	18.8%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥2.95 Billion	3.0%
Goodwill	CN¥87.15 Million	0.1%

Asset Composition Trend (2007–2025)

This chart illustrates how Ming Yang Smart Energy Group 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. See 601615 stock price and chart for real-time trading data and today's change.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Ming Yang Smart Energy Group Ltd's current assets represent 60.2% of total assets in 2025, a decrease from 98.6% in 2007.
Cash Position: Cash and equivalents constituted 11.0% of total assets in 2025, down from 53.1% in 2007.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2007.
Asset Diversification: The largest asset category is inventory at 18.8% of total assets.

Ming Yang Smart Energy Group Ltd Competitors by Total Assets

Key competitors of Ming Yang Smart Energy Group Ltd based on total assets are shown below.

Company	Country	Total Assets
Vestas Wind Systems A/S CO:VWS	Denmark	Dkr26.71 Billion
Schindler Holding AG SW:SCHN	Switzerland	CHF11.89 Billion
Symbotic Inc NASDAQ:SYM	USA	$3.52 Billion
Sulzer AG SW:SUN	Switzerland	CHF4.72 Billion
X-Energy, Inc. Class A Common Stock NASDAQ:XE	USA	$2.26 Billion
Suzhou Secote Precision Electronic Co Ltd Class A SHG:603283	China	CN¥6.41 Billion
Sandvik AB ST:SAND	Sweden	Skr182.23 Billion
NARI Technology Co Ltd SHG:600406	China	CN¥95.86 Billion

Ming Yang Smart Energy Group 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	1.21	1.22	1.11
Quick Ratio	0.84	0.85	0.81
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥10.37 Billion	CN¥9.58 Billion	CN¥3.54 Billion

Ming Yang Smart Energy Group Ltd - Advanced Valuation Insights

This section examines the relationship between Ming Yang Smart Energy Group 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	0.83
Latest Market Cap to Assets Ratio	0.03
Asset Growth Rate (YoY)	11.6%
Total Assets	CN¥96.85 Billion
Market Capitalization	$3.22 Billion USD

Valuation Analysis

Below Book Valuation: The market values Ming Yang Smart Energy Group Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Ming Yang Smart Energy Group Ltd's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Ming Yang Smart Energy Group Ltd (2007–2025)

The table below shows the annual total assets of Ming Yang Smart Energy Group Ltd from 2007 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥96.85 Billion ≈ $14.17 Billion	+11.59%
2024-12-31	CN¥86.79 Billion ≈ $12.70 Billion	+3.50%
2023-12-31	CN¥83.86 Billion ≈ $12.27 Billion	+21.64%
2022-12-31	CN¥68.94 Billion ≈ $10.09 Billion	+12.11%
2021-12-31	CN¥61.49 Billion ≈ $9.00 Billion	+19.11%
2020-12-31	CN¥51.63 Billion ≈ $7.55 Billion	+48.80%
2019-12-31	CN¥34.70 Billion ≈ $5.08 Billion	+55.36%
2018-12-31	CN¥22.33 Billion ≈ $3.27 Billion	+16.78%
2017-12-31	CN¥19.12 Billion ≈ $2.80 Billion	+5.52%
2016-12-31	CN¥18.12 Billion ≈ $2.65 Billion	+19.96%
2015-12-31	CN¥15.11 Billion ≈ $2.21 Billion	+18.91%
2014-12-31	CN¥12.71 Billion ≈ $1.86 Billion	+21.06%
2013-12-31	CN¥10.50 Billion ≈ $1.54 Billion	-2.81%
2012-12-31	CN¥10.80 Billion ≈ $1.58 Billion	+10.38%
2011-12-31	CN¥9.78 Billion ≈ $1.43 Billion	+33.43%
2010-12-31	CN¥7.33 Billion ≈ $1.07 Billion	+102.26%
2009-12-31	CN¥3.63 Billion ≈ $530.49 Million	+238.83%
2008-12-31	CN¥1.07 Billion ≈ $156.56 Million	+324.98%
2007-12-31	CN¥251.75 Million ≈ $36.84 Million	--

About Ming Yang Smart Energy Group Ltd

SHG:601615 China Specialty Industrial Machinery

Market Cap

$3.22 Billion

CN¥22.03 Billion CNY

Market Cap Rank

#4726 Global

#772 in China

Share Price

CN¥9.74

Change (1 day)

+1.88%

52-Week Range

CN¥9.18 - CN¥25.85

All Time High

CN¥34.61