Jiangsu New Energy Development Co Ltd (603693) - Total Assets
Based on the latest financial reports, Jiangsu New Energy Development Co Ltd (603693) holds total assets worth CN¥17.87 Billion CNY (≈ $2.61 Billion 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. Explore how well can Jiangsu New Energy Development Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Jiangsu New Energy Development Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Jiangsu New Energy Development Co Ltd's total assets have evolved over time, based on quarterly financial data. See what is Jiangsu New Energy Development Co Ltd's book value for net asset value and shareholders' equity analysis.
Jiangsu New Energy Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu New Energy Development Co Ltd's total assets of CN¥17.87 Billion consist of 31.3% current assets and 68.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.0% |
| Accounts Receivable | CN¥3.58 Billion | 20.3% |
| Inventory | CN¥18.80 Million | 0.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥59.12 Million | 0.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Jiangsu New Energy Development 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 market cap of Jiangsu New Energy Development Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu New Energy Development Co Ltd's current assets represent 31.3% of total assets in 2024, an increase from 30.1% in 2013.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, up from 9.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 20.3% of total assets.
Jiangsu New Energy Development Co Ltd Competitors by Total Assets
Key competitors of Jiangsu New Energy Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CN YANGT.PWR GDR REG S/A
F:CYZB
|
Germany | €561.99 Billion |
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
|
China | CN¥228.97 Billion |
|
FORTUM OYJ ADR 1/5/EO340
F:FOT0
|
Germany | €15.99 Billion |
|
LGI Ltd
AU:LGI
|
Australia | AU$113.07 Million |
|
Voltalia SA
PA:VLTSA
|
France | €4.19 Billion |
|
Renova Energia S.A
SA:RNEW11
|
Brazil | R$3.03 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Frontier Energy Ltd
AU:FHE
|
Australia | AU$90.43 Million |
Jiangsu New Energy Development 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 | 2.30 | 3.06 | 1.82 |
| Quick Ratio | 2.29 | 3.05 | 1.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.22 Billion | CN¥3.77 Billion | CN¥1.30 Billion |
Jiangsu New Energy Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu New Energy Development 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 | 1.60 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | CN¥17.62 Billion |
| Market Capitalization | $1.59 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu New Energy Development Co Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Jiangsu New Energy Development Co Ltd's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Jiangsu New Energy Development Co Ltd (2013–2024)
The table below shows the annual total assets of Jiangsu New Energy Development Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.62 Billion ≈ $2.58 Billion |
+7.17% |
| 2023-12-31 | CN¥16.44 Billion ≈ $2.41 Billion |
+3.75% |
| 2022-12-31 | CN¥15.85 Billion ≈ $2.32 Billion |
+0.29% |
| 2021-12-31 | CN¥15.80 Billion ≈ $2.31 Billion |
+40.93% |
| 2020-12-31 | CN¥11.21 Billion ≈ $1.64 Billion |
+34.43% |
| 2019-12-31 | CN¥8.34 Billion ≈ $1.22 Billion |
+1.76% |
| 2018-12-31 | CN¥8.20 Billion ≈ $1.20 Billion |
+18.96% |
| 2017-12-31 | CN¥6.89 Billion ≈ $1.01 Billion |
-1.87% |
| 2016-12-31 | CN¥7.02 Billion ≈ $1.03 Billion |
+24.77% |
| 2015-12-31 | CN¥5.63 Billion ≈ $823.63 Million |
+32.94% |
| 2014-12-31 | CN¥4.23 Billion ≈ $619.54 Million |
+26.19% |
| 2013-12-31 | CN¥3.36 Billion ≈ $490.95 Million |
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About Jiangsu New Energy Development Co Ltd
Jiangsu New Energy Development Co., Ltd. develops, constructs, manages, operates, and invests in new energy projects. It is involved in wind energy, solar energy, biomass energy, geothermal energy, ocean energy, and natural gas hydrate projects. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Group Limited.