CSI Solar Co. Ltd. A
CSI Solar Co., Ltd. designs, processes, produces, and sells solar modules and photovoltaic systems in China and internationally. It operates through Components Business and Energy Business segments. The company offers crystalline silicon photovoltaic modules, solar system kits, inverters, and solar energy and battery energy storage systems, as well as components, silicon rods, batteries, and batt… Read more
CSI Solar Co. Ltd. A (688472) - Total Assets
Latest total assets as of June 2025: CN¥68.94 Billion CNY
Based on the latest financial reports, CSI Solar Co. Ltd. A (688472) holds total assets worth CN¥68.94 Billion CNY as of June 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.
CSI Solar Co. Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how CSI Solar Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CSI Solar Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
CSI Solar Co. Ltd. A's total assets of CN¥68.94 Billion consist of 55.7% current assets and 44.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.9% |
| Accounts Receivable | CN¥9.16 Billion | 14.0% |
| Inventory | CN¥7.16 Billion | 11.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥814.94 Million | 1.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how CSI Solar Co. Ltd. A'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: CSI Solar Co. Ltd. A's current assets represent 55.7% of total assets in 2024, a decrease from 67.1% in 2021.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2024, down from 21.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 14.0% of total assets.
CSI Solar Co. Ltd. A Competitors by Total Assets
Key competitors of CSI Solar Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
CSI Solar Co. Ltd. A - 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 - CSI Solar Co. Ltd. A generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, CSI Solar Co. Ltd. A generates $ 3.44 in net profit.
CSI Solar Co. Ltd. A - 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 | 1.10 | 1.10 |
| Quick Ratio | 0.90 | 0.84 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.34 Billion | CN¥ 3.35 Billion | CN¥ 3.35 Billion |
CSI Solar Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between CSI Solar Co. Ltd. A'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 | 2.27 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | CN¥65.36 Billion |
| Market Capitalization | $2.17 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CSI Solar Co. Ltd. A's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: CSI Solar Co. Ltd. A's assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for CSI Solar Co. Ltd. A (2021–2024)
The table below shows the annual total assets of CSI Solar Co. Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥65.36 Billion | -0.63% |
| 2023-12-31 | CN¥65.78 Billion | +36.18% |
| 2022-12-31 | CN¥48.30 Billion | +41.56% |
| 2021-12-31 | CN¥34.12 Billion | -- |