Zhejiang Xinneng Photovoltaic Technology Co Ltd
Zhejiang Sunoren Solar Technology Co.,Ltd. engages in the investment, development, construction, operation, of distributed photovoltaic power stations in China. The company operates distributed power and energy storage stations, smart electric vehicle charging stations, and energy cloud platform, as well as offers intelligent operation and maintenance services, module manufacturing services, and … Read more
Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) - Total Assets
Latest total assets as of September 2025: CN¥4.64 Billion CNY
Based on the latest financial reports, Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) holds total assets worth CN¥4.64 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.
Zhejiang Xinneng Photovoltaic Technology Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Zhejiang Xinneng Photovoltaic Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Xinneng Photovoltaic Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Xinneng Photovoltaic Technology Co Ltd's total assets of CN¥4.64 Billion consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.0% |
| Accounts Receivable | CN¥287.03 Million | 6.7% |
| Inventory | CN¥11.22 Million | 0.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥40.65 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Zhejiang Xinneng Photovoltaic 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Xinneng Photovoltaic Technology Co Ltd's current assets represent 16.8% of total assets in 2024, a decrease from 26.1% in 2013.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2024, up from 1.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 6.7% of total assets.
Zhejiang Xinneng Photovoltaic Technology Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Xinneng Photovoltaic Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Zhejiang Xinneng Photovoltaic Technology 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
Lower asset utilization - Zhejiang Xinneng Photovoltaic Technology Co Ltd generates 0.16x 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, Zhejiang Xinneng Photovoltaic Technology Co Ltd generates $ 4.50 in net profit.
Zhejiang Xinneng Photovoltaic 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 | 1.20 | 1.42 | 1.02 |
| Quick Ratio | 1.17 | 1.40 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥147.72 Million | CN¥ 240.55 Million | CN¥ 8.77 Million |
Zhejiang Xinneng Photovoltaic Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Xinneng Photovoltaic 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 | 2.21 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | CN¥4.30 Billion |
| Market Capitalization | $405.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Xinneng Photovoltaic Technology Co Ltd's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Xinneng Photovoltaic Technology Co Ltd's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)
The table below shows the annual total assets of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.30 Billion | -1.22% |
| 2023-12-31 | CN¥4.35 Billion | +23.97% |
| 2022-12-31 | CN¥3.51 Billion | +11.78% |
| 2021-12-31 | CN¥3.14 Billion | +12.26% |
| 2020-12-31 | CN¥2.80 Billion | +5.25% |
| 2019-12-31 | CN¥2.66 Billion | +3.74% |
| 2018-12-31 | CN¥2.56 Billion | +16.69% |
| 2017-12-31 | CN¥2.20 Billion | +30.57% |
| 2016-12-31 | CN¥1.68 Billion | +11.97% |
| 2015-12-31 | CN¥1.50 Billion | +98.36% |
| 2014-12-31 | CN¥756.98 Million | +28.10% |
| 2013-12-31 | CN¥590.90 Million | -- |