HD Renewable Energy Co. Ltd.
HD Renewable Energy Co., Ltd. engages in the development of solar power generation systems, engineering construction, and maintenances in Taiwan. It also provides development, design, engineering, and maintenance services of various solar power stations; asset management services; aquaculture management and intelligent energy services; fisheries services; and energy technology services. In additi… Read more
HD Renewable Energy Co. Ltd. (6873) - Total Assets
Latest total assets as of December 2024: NT$18.53 Billion TWD
Based on the latest financial reports, HD Renewable Energy Co. Ltd. (6873) holds total assets worth NT$18.53 Billion TWD as of December 2024.
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.
HD Renewable Energy Co. Ltd. - Total Assets Trend (2018–2024)
This chart illustrates how HD Renewable Energy Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HD Renewable Energy Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
HD Renewable Energy Co. Ltd.'s total assets of NT$18.53 Billion consist of 59.6% current assets and 40.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 24.8% |
| Accounts Receivable | NT$3.59 Billion | 19.4% |
| Inventory | NT$235.15 Million | 1.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how HD Renewable Energy 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: HD Renewable Energy Co. Ltd.'s current assets represent 59.6% of total assets in 2024, a decrease from 90.3% in 2018.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2024, up from 20.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 19.4% of total assets.
HD Renewable Energy Co. Ltd. Competitors by Total Assets
Key competitors of HD Renewable Energy Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
HD Renewable Energy 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
Moderate asset utilization - HD Renewable Energy Co. Ltd. generates 0.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, HD Renewable Energy Co. Ltd. generates $6.47 in net profit.
HD Renewable Energy 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 | 1.69 | 2.33 | 2.08 |
| Quick Ratio | 1.66 | 2.26 | 2.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$4.51 Billion | NT$ 5.60 Billion | NT$ 1.11 Billion |
HD Renewable Energy Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between HD Renewable Energy 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 | 1.34 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 41.6% |
| Total Assets | NT$18.53 Billion |
| Market Capitalization | $285.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values HD Renewable Energy Co. Ltd.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: HD Renewable Energy Co. Ltd.'s assets grew by 41.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HD Renewable Energy Co. Ltd. (2018–2024)
The table below shows the annual total assets of HD Renewable Energy Co. Ltd. from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$18.53 Billion | +41.64% |
| 2023-12-31 | NT$13.08 Billion | +114.47% |
| 2022-12-31 | NT$6.10 Billion | +93.67% |
| 2021-12-31 | NT$3.15 Billion | +69.43% |
| 2020-12-31 | NT$1.86 Billion | +64.93% |
| 2019-12-31 | NT$1.13 Billion | +217.37% |
| 2018-12-31 | NT$355.18 Million | -- |