Jiangsu Goodwe Power Supply Technology Co Ltd
GoodWe Technologies Co., Ltd. engages in the research, manufacture, and sale of photovoltaic (PV) inverters and energy storage solutions in China and internationally. The company provides residential, commercial and industry, utility photovoltaic, photovoltaic building solutions. It offers residential grid-tied inverters, commercial and industry-tied inverters, utility, residential energy storage… Read more
Jiangsu Goodwe Power Supply Technology Co Ltd (688390) - Total Assets
Latest total assets as of September 2025: CN¥8.49 Billion CNY
Based on the latest financial reports, Jiangsu Goodwe Power Supply Technology Co Ltd (688390) holds total assets worth CN¥8.49 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.
Jiangsu Goodwe Power Supply Technology Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Jiangsu Goodwe Power Supply Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Goodwe Power Supply Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Goodwe Power Supply Technology Co Ltd's total assets of CN¥8.49 Billion consist of 66.3% current assets and 33.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥1.45 Billion | 18.2% |
| Inventory | CN¥2.64 Billion | 33.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥111.62 Million | 1.4% |
| Goodwill | CN¥33.97 Million | 0.4% |
Asset Composition Trend (2013–2024)
This chart illustrates how Jiangsu Goodwe Power Supply 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: Jiangsu Goodwe Power Supply Technology Co Ltd's current assets represent 66.3% of total assets in 2024, a decrease from 78.1% in 2013.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, up from 0.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 33.2% of total assets.
Jiangsu Goodwe Power Supply Technology Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Goodwe Power Supply Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Jiangsu Goodwe Power Supply 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
Strong asset utilization - Jiangsu Goodwe Power Supply Technology Co Ltd generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiangsu Goodwe Power Supply Technology Co Ltd is currently not profitable relative to its asset base.
Jiangsu Goodwe Power Supply 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 | 1.13 | 1.24 | 2.03 |
| Quick Ratio | 0.65 | 0.57 | 1.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥662.09 Million | CN¥ 1.00 Billion | CN¥ 1.11 Billion |
Jiangsu Goodwe Power Supply Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Goodwe Power Supply 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 | 6.87 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 11.8% |
| Total Assets | CN¥7.95 Billion |
| Market Capitalization | $1.87 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Goodwe Power Supply Technology Co Ltd's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jiangsu Goodwe Power Supply Technology Co Ltd's assets grew by 11.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jiangsu Goodwe Power Supply Technology Co Ltd (2013–2024)
The table below shows the annual total assets of Jiangsu Goodwe Power Supply Technology Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.95 Billion | +11.82% |
| 2023-12-31 | CN¥7.11 Billion | +22.63% |
| 2022-12-31 | CN¥5.80 Billion | +56.10% |
| 2021-12-31 | CN¥3.71 Billion | +45.12% |
| 2020-12-31 | CN¥2.56 Billion | +152.44% |
| 2019-12-31 | CN¥1.01 Billion | +22.48% |
| 2018-12-31 | CN¥827.86 Million | +11.80% |
| 2017-12-31 | CN¥740.48 Million | +112.59% |
| 2016-12-31 | CN¥348.32 Million | +143.64% |
| 2015-12-31 | CN¥142.97 Million | +59.24% |
| 2014-12-31 | CN¥89.78 Million | +86.67% |
| 2013-12-31 | CN¥48.10 Million | -- |