Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) - Total Assets

Latest as of September 2025: CN¥4.64 Billion CNY ≈ $679.46 Million USD

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. Check cash flow reinvestment rate of Zhejiang Xinneng Photovoltaic Technology to assess the company's total reinvestment commitment from operating cash flow.

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. Check cash flow quality index of Zhejiang Xinneng Photovoltaic Technology to evaluate the quality of earnings relative to operating cash generation.

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. For live market cap, price, and company overview, see 603105 market cap.

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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
Premier Energies Limited NSE:PREMIERENE	India	Rs108.45 Billion
Trina Solar Co Ltd SHG:688599	China	CN¥116.15 Billion
CW Enerji SA IS:CWENE	Turkey	TL36.39 Billion
Websol Energy System Limited NSE:WEBELSOLAR	India	Rs7.09 Billion
Soltec Power Holdings S.A MC:SOL	Spain	€333.30 Million
TOYO Co., Ltd Ordinary Shares NASDAQ:TOYO	USA	$353.62 Million
7C Solarparken AG XETRA:HRPK	Germany	€516.93 Million
Changzhou Fusion New Material Co. Ltd. A SHG:688503	China	CN¥9.46 Billion

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	0.13
Asset Growth Rate (YoY)	-1.2%
Total Assets	CN¥4.30 Billion
Market Capitalization	$540.70 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Xinneng Photovoltaic Technology Co Ltd's assets below their book value (0.13x), 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	--

About Zhejiang Xinneng Photovoltaic Technology Co Ltd

SHG:603105 China Solar

Market Cap

$540.70 Million

CN¥3.70 Billion CNY

Market Cap Rank

#11957 Global

#3468 in China

Share Price

CN¥7.39

Change (1 day)

-2.89%

52-Week Range

CN¥7.39 - CN¥13.89

All Time High

CN¥26.02