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

Latest as of March 2026: CN¥10.40 Billion CNY ≈ $1.52 Billion USD

Based on the latest financial reports, Jiangsu Goodwe Power Supply Technology Co Ltd (688390) holds total assets worth CN¥10.40 Billion CNY (≈ $1.52 Billion USD) as of March 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. Check 688390 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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. Check Jiangsu Goodwe Power Supply Technology C cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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¥10.40 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. For live market cap, price, and company overview, see Jiangsu Goodwe Power Supply Technology C (688390) market capitalisation.

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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
Lens Technology Co Ltd SHE:300433	China	CN¥77.25 Billion
Elite Material Co Ltd TW:2383	Taiwan	NT$130.98 Billion
FangDa Carbon New Material Co Ltd SHG:600516	China	CN¥20.78 Billion
Holitech Technology Co Ltd SHE:002217	China	CN¥2.52 Billion
Shenzhen Jufei Optoelectronics SHE:300303	China	CN¥6.30 Billion
Success Electronics Ltd SHE:002289	China	CN¥5.27 Billion
TXC Corp TW:3042	Taiwan	NT$23.15 Billion
Guangdong Ellington Electronics Technology Co Ltd SHG:603328	China	CN¥6.54 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	1.14	1.76
Quick Ratio	0.68	0.67	1.36
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥878.48 Million	CN¥644.99 Million	CN¥1.09 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	9.15
Latest Market Cap to Assets Ratio	0.43
Asset Growth Rate (YoY)	18.5%
Total Assets	CN¥9.42 Billion
Market Capitalization	$4.07 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Goodwe Power Supply Technology Co Ltd's assets below their book value (0.43x), 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 Electronic Components

Market Cap

$4.07 Billion

CN¥27.83 Billion CNY

Market Cap Rank

#4152 Global

#677 in China

Share Price

CN¥114.51

Change (1 day)

-0.90%

52-Week Range

CN¥40.98 - CN¥149.17

All Time High

CN¥313.36