Zhejiang Xinneng Photovoltaic Technology Co Ltd Total Assets
Zhejiang Xinneng Photovoltaic Technology Co Ltd total assets. Based on the latest financial reports, Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) holds total assets worth CN¥4.64 Billion CNY (≈ $679.46 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. Also see 603105 stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)
Total assets of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024. This chart illustrates how Zhejiang Xinneng Photovoltaic Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See 603105 share price today for real-time trading data and today's change.
Zhejiang Xinneng Photovoltaic Technology Co Ltd - Asset Composition Analysis
Zhejiang Xinneng Photovoltaic Technology Co Ltd Total Assets Breakdown (December 2024)
Zhejiang Xinneng Photovoltaic Technology Co Ltd total assets breakdown as of 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. Explore 603105 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥17.10 Billion |
|
Xinyi Solar Holdings Ltd
F:13X
|
Germany | €56.92 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.65 Billion |
|
Solaer Israel Ltd
TA:SOLR
|
Israel | ILA1.89 Billion |
|
Profithol S.A.
MC:SPH
|
Spain | €19.80 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$4.74 Million |
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 | 0.14 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | CN¥4.30 Billion |
| Market Capitalization | $593.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Xinneng Photovoltaic Technology Co Ltd's assets below their book value (0.14x), 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 ≈ $628.83 Million |
-1.22% |
| 2023-12-31 | CN¥4.35 Billion ≈ $636.63 Million |
+23.97% |
| 2022-12-31 | CN¥3.51 Billion ≈ $513.54 Million |
+11.78% |
| 2021-12-31 | CN¥3.14 Billion ≈ $459.43 Million |
+12.26% |
| 2020-12-31 | CN¥2.80 Billion ≈ $409.27 Million |
+5.25% |
| 2019-12-31 | CN¥2.66 Billion ≈ $388.84 Million |
+3.74% |
| 2018-12-31 | CN¥2.56 Billion ≈ $374.84 Million |
+16.69% |
| 2017-12-31 | CN¥2.20 Billion ≈ $321.23 Million |
+30.57% |
| 2016-12-31 | CN¥1.68 Billion ≈ $246.02 Million |
+11.97% |
| 2015-12-31 | CN¥1.50 Billion ≈ $219.73 Million |
+98.36% |
| 2014-12-31 | CN¥756.98 Million ≈ $110.77 Million |
+28.10% |
| 2013-12-31 | CN¥590.90 Million ≈ $86.47 Million |
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About 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