Ningxia Jiaze Renewables Corp
Jiaze Renewables Corporation Limited, together with its subsidiaries, engages in the development, construction, sale, operation, and maintenance of new energy power stations in China. The company operates through New Energy Power Station Development-Construction-Operation-Sale; New Energy Power Station Operation and Maintenance Management Services; Rooftop Distributed Photovoltaic; New Energy Ind… Read more
Ningxia Jiaze Renewables Corp (601619) - Total Assets
Latest total assets as of September 2025: CN¥23.91 Billion CNY
Based on the latest financial reports, Ningxia Jiaze Renewables Corp (601619) holds total assets worth CN¥23.91 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.
Ningxia Jiaze Renewables Corp - Total Assets Trend (2012–2024)
This chart illustrates how Ningxia Jiaze Renewables Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningxia Jiaze Renewables Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningxia Jiaze Renewables Corp's total assets of CN¥23.91 Billion consist of 18.4% current assets and 81.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.9% |
| Accounts Receivable | CN¥3.50 Billion | 15.8% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.57 Billion | 7.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Ningxia Jiaze Renewables Corp'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: Ningxia Jiaze Renewables Corp's current assets represent 18.4% of total assets in 2024, an increase from 13.8% in 2012.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 4.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 15.8% of total assets.
Ningxia Jiaze Renewables Corp Competitors by Total Assets
Key competitors of Ningxia Jiaze Renewables Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Ningxia Jiaze Renewables Corp - 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
Lower asset utilization - Ningxia Jiaze Renewables Corp generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ningxia Jiaze Renewables Corp generates $ 2.84 in net profit.
Ningxia Jiaze Renewables Corp - 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 | 1.95 | 1.87 | 1.52 |
| Quick Ratio | 1.95 | 1.87 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.56 Billion | CN¥ 2.02 Billion | CN¥ 757.21 Million |
Ningxia Jiaze Renewables Corp - Advanced Valuation Insights
This section examines the relationship between Ningxia Jiaze Renewables Corp'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 | 2.10 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | CN¥22.22 Billion |
| Market Capitalization | $1.49 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningxia Jiaze Renewables Corp's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningxia Jiaze Renewables Corp's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningxia Jiaze Renewables Corp (2012–2024)
The table below shows the annual total assets of Ningxia Jiaze Renewables Corp from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.22 Billion | +11.92% |
| 2023-12-31 | CN¥19.86 Billion | +4.69% |
| 2022-12-31 | CN¥18.97 Billion | +57.65% |
| 2021-12-31 | CN¥12.03 Billion | -1.62% |
| 2020-12-31 | CN¥12.23 Billion | +33.97% |
| 2019-12-31 | CN¥9.13 Billion | +3.86% |
| 2018-12-31 | CN¥8.79 Billion | -1.56% |
| 2017-12-31 | CN¥8.93 Billion | +13.28% |
| 2016-12-31 | CN¥7.88 Billion | +11.18% |
| 2015-12-31 | CN¥7.09 Billion | +47.64% |
| 2014-12-31 | CN¥4.80 Billion | +33.32% |
| 2013-12-31 | CN¥3.60 Billion | +27.14% |
| 2012-12-31 | CN¥2.83 Billion | -- |