Jiangsu Goodwe Power Supply Technology Co Ltd Total Assets

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

Jiangsu Goodwe Power Supply Technology Co Ltd total assets. 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. Also see market value of Jiangsu Goodwe Power Supply Technology C for the company's overall valuation and market capitalisation.

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

Total assets of Jiangsu Goodwe Power Supply Technology Co Ltd from 2013 to 2025. This chart illustrates how Jiangsu Goodwe Power Supply Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See Jiangsu Goodwe Power Supply Technology C (688390) share price today for real-time trading data and today's change.

Jiangsu Goodwe Power Supply Technology Co Ltd - Asset Composition Analysis

Jiangsu Goodwe Power Supply Technology Co Ltd Total Assets Breakdown (December 2025)

Jiangsu Goodwe Power Supply Technology Co Ltd total assets breakdown as of 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.

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. Explore how liquid is Jiangsu Goodwe Power Supply Technology C's working capital to assess how much short-term liquidity the company maintains relative to its equity base.

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
Hangzhou Cable
SHG:603618
China CN¥10.97 Billion
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
China CN¥2.74 Billion
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
China CN¥23.96 Billion
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
China CN¥9.84 Billion
Changshu Tianyin Electromechan
SHE:300342
China CN¥2.09 Billion
Roshow Technology Co Ltd
SHE:002617
China CN¥10.69 Billion
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
China CN¥12.82 Billion
Hangzhou Star Shuaier Electric Appliance Co Ltd
SHE:002860
China CN¥3.86 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 4.68
Latest Market Cap to Assets Ratio 0.21
Asset Growth Rate (YoY) 18.5%
Total Assets CN¥9.42 Billion
Market Capitalization $1.96 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Goodwe Power Supply Technology Co Ltd's assets below their book value (0.21x), 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
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About Jiangsu Goodwe Power Supply Technology Co Ltd

SHG:688390 China Electrical Equipment & Parts
Market Cap
$1.96 Billion
CN¥13.42 Billion CNY
Market Cap Rank
#6029 Global
#1142 in China
Share Price
CN¥55.20
Change (1 day)
+8.88%
52-Week Range
CN¥43.90 - CN¥149.17
All Time High
CN¥313.36
About

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; residential systems; and heat pump products. It also offers residential grid-tied inverters, commercial and industry-t… Read more