Jiangsu Goodwe Power Supply Technology Co Ltd (688390) - Total Assets

Latest as of June 2026: CN¥12.94 Billion CNY ≈ $1.89 Billion USD

Based on the latest financial reports, Jiangsu Goodwe Power Supply Technology Co Ltd (688390) holds total assets worth CN¥12.94 Billion CNY (≈ $1.89 Billion USD) as of June 2026. 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 (2013–2025)

This chart illustrates how Jiangsu Goodwe Power Supply Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 688390 market cap for the company's overall valuation and market capitalisation.

Jiangsu Goodwe Power Supply Technology Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Jiangsu Goodwe Power Supply Technology Co Ltd's total assets of CN¥12.94 Billion consist of 71.6% current assets and 28.4% non-current assets. Review Jiangsu Goodwe Power Supply Technology C (688390) total liabilities to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	15.5%
Accounts Receivable	CN¥1.96 Billion	20.8%
Inventory	CN¥2.40 Billion	25.5%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥110.65 Million	1.2%
Goodwill	CN¥33.97 Million	0.4%

Asset Composition Trend (2013–2025)

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. See 688390 stock price and chart for real-time trading data and today's change.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Jiangsu Goodwe Power Supply Technology Co Ltd's current assets represent 71.6% of total assets in 2025, a decrease from 78.1% in 2013.
Cash Position: Cash and equivalents constituted 15.5% of total assets in 2025, 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 25.5% 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
China XD Electric Co Ltd SHG:601179	China	CN¥48.15 Billion
Dongguan Dingtong Precision Metal Co. Ltd. A SHG:688668	China	CN¥2.74 Billion
Henan Pinggao Electric Co Ltd SHG:600312	China	CN¥21.63 Billion
Nantong Haixing Electronics Co Ltd SHG:603115	China	CN¥3.30 Billion
Hubei Zhongyi Science Technology Co. Ltd. SHE:301150	China	CN¥8.24 Billion
Ls Cable & System Asia Ltd KO:229640	Korea	₩576.45 Billion
Earth-Panda Advanced Magnetic Material Co Ltd SHG:688077	China	CN¥2.90 Billion
Jiangsu Liance Electromechanical Technology Co. Ltd. A SHG:688113	China	CN¥1.48 Billion

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	1.16	1.68
Quick Ratio	0.67	0.70	1.24
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥1.21 Billion	CN¥742.10 Million	CN¥1.08 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	4.73
Latest Market Cap to Assets Ratio	0.23
Asset Growth Rate (YoY)	18.5%
Total Assets	CN¥9.42 Billion
Market Capitalization	$2.15 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Goodwe Power Supply Technology Co Ltd's assets below their book value (0.23x), 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 18.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Jiangsu Goodwe Power Supply Technology Co Ltd (2013–2025)

The table below shows the annual total assets of Jiangsu Goodwe Power Supply Technology Co Ltd from 2013 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥9.42 Billion ≈ $1.38 Billion	+18.51%
2024-12-31	CN¥7.95 Billion ≈ $1.16 Billion	+11.82%
2023-12-31	CN¥7.11 Billion ≈ $1.04 Billion	+22.63%
2022-12-31	CN¥5.80 Billion ≈ $848.54 Million	+56.10%
2021-12-31	CN¥3.71 Billion ≈ $543.58 Million	+45.12%
2020-12-31	CN¥2.56 Billion ≈ $374.56 Million	+152.44%
2019-12-31	CN¥1.01 Billion ≈ $148.37 Million	+22.48%
2018-12-31	CN¥827.86 Million ≈ $121.14 Million	+11.80%
2017-12-31	CN¥740.48 Million ≈ $108.35 Million	+112.59%
2016-12-31	CN¥348.32 Million ≈ $50.97 Million	+143.64%
2015-12-31	CN¥142.97 Million ≈ $20.92 Million	+59.24%
2014-12-31	CN¥89.78 Million ≈ $13.14 Million	+86.67%
2013-12-31	CN¥48.10 Million ≈ $7.04 Million	--

About Jiangsu Goodwe Power Supply Technology Co Ltd

SHG:688390 China Electrical Equipment & Parts

Market Cap

$2.15 Billion

CN¥14.67 Billion CNY

Market Cap Rank

#5939 Global

#1133 in China

Share Price

CN¥60.34

Change (1 day)

+2.92%

52-Week Range

CN¥51.75 - CN¥149.17

All Time High

CN¥313.36