China Everbright Environment Group Limited
China Everbright Environment Group Limited, an investment holding company, provides environmental solutions worldwide. The company's Environmental Energy Project Construction and Operation segment constructs and operates food and kitchen waste treatment, leachate and fecal treatment, sludge treatment and disposal, fly ash landfill, medical waste, and solid waste treatment projects, as well as was… Read more
China Everbright Environment Group Limited (CNE) - Net Assets
Latest net assets as of June 2025: €70.54 Billion EUR
Based on the latest financial reports, China Everbright Environment Group Limited (CNE) has net assets worth €70.54 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€192.23 Billion) and total liabilities (€121.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €70.54 Billion |
| % of Total Assets | 36.7% |
| Annual Growth Rate | 16.3% |
| 5-Year Change | 19.57% |
| 10-Year Change | N/A |
| Growth Volatility | 16.82 |
China Everbright Environment Group Limited - Net Assets Trend (2016–2024)
This chart illustrates how China Everbright Environment Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Everbright Environment Group Limited (2016–2024)
The table below shows the annual net assets of China Everbright Environment Group Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €66.42 Billion | +1.36% |
| 2023-12-31 | €65.52 Billion | +4.67% |
| 2022-12-31 | €62.60 Billion | -2.71% |
| 2021-12-31 | €64.34 Billion | +15.84% |
| 2020-12-31 | €55.54 Billion | +24.19% |
| 2019-12-31 | €44.73 Billion | +9.91% |
| 2018-12-31 | €40.70 Billion | +42.08% |
| 2017-12-31 | €28.64 Billion | +44.33% |
| 2016-12-31 | €19.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Everbright Environment Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €55.01 Billion | 100.00% |
| Total Equity | €55.01 Billion | 100.00% |
China Everbright Environment Group Limited Competitors by Market Cap
The table below lists competitors of China Everbright Environment Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Tanker Corp
SHG:601975
|
$1.98 Billion |
|
NEWMARK GRP CL.A DL-01
F:NMB
|
$1.98 Billion |
|
Pou Chen Corp
TW:9904
|
$1.98 Billion |
|
Mobimo Holding AG
LSE:0QQY
|
$1.98 Billion |
|
Ultragenyx
NASDAQ:RARE
|
$1.98 Billion |
|
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
|
$1.98 Billion |
|
China Ruyi Holdings Limited
F:4Z81
|
$1.98 Billion |
|
Shenzhen Forms Syntron Information Co Ltd
SHE:300468
|
$1.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Everbright Environment Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,849,501,000 to 55,013,291,000, a change of 1,163,790,000 (2.2%).
- Net income of 3,568,139,000 contributed positively to equity growth.
- Dividend payments of 1,351,455,000 reduced retained earnings.
- Other factors decreased equity by 1,052,894,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.57 Billion | +6.49% |
| Dividends Paid | €1.35 Billion | -2.46% |
| Other Changes | €-1.05 Billion | -1.91% |
| Total Change | €- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares China Everbright Environment Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.56x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.98 | €0.55 | x |
| 2018-12-31 | €5.52 | €0.55 | x |
| 2019-12-31 | €5.92 | €0.55 | x |
| 2020-12-31 | €7.34 | €0.55 | x |
| 2021-12-31 | €8.43 | €0.55 | x |
| 2022-12-31 | €8.27 | €0.55 | x |
| 2023-12-31 | €8.77 | €0.55 | x |
| 2024-12-31 | €8.96 | €0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Everbright Environment Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.79%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.38x
- Recent ROE (6.49%) is below the historical average (12.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 16.01% | 19.93% | 0.28x | 2.85x | €1.05 Billion |
| 2017 | 15.56% | 17.51% | 0.27x | 3.24x | €1.25 Billion |
| 2018 | 12.73% | 15.86% | 0.29x | 2.80x | €926.62 Million |
| 2019 | 14.32% | 13.85% | 0.31x | 3.28x | €1.57 Billion |
| 2020 | 13.35% | 14.01% | 0.27x | 3.51x | €1.51 Billion |
| 2021 | 13.14% | 13.64% | 0.25x | 3.87x | €1.63 Billion |
| 2022 | 9.05% | 12.33% | 0.20x | 3.75x | €-481.02 Million |
| 2023 | 8.65% | 14.51% | 0.17x | 3.51x | €-729.23 Million |
| 2024 | 6.49% | 11.79% | 0.16x | 3.38x | €-1.93 Billion |
Industry Comparison
This section compares China Everbright Environment Group Limited's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,625,922,250
- Average return on equity (ROE) among peers: -0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Everbright Environment Group Limited (CNE) | €70.54 Billion | 16.01% | 1.73x | $1.98 Billion |
| Pryme N.V. (8XG0) | $39.78 Million | -11.42% | 0.57x | $5.20 Million |
| Befesa SA Bearer Shares (BFSA) | $631.55 Million | 15.79% | 1.84x | $1.02 Billion |
| Befesa SA (BFSA) | $241.30 Million | -3.79% | 3.98x | $1.07 Billion |
| Realord Group Holdings Limited (CUV) | $5.27 Billion | 2.32% | 2.56x | $861.91 Million |
| Harsco Corporation (HA7) | $623.04 Million | -28.90% | 3.48x | $1.01 Billion |
| Sanix Incorporated (NX8) | $6.06 Billion | 30.55% | 4.37x | $47.80 Million |
| Perma-Fix Environmental Services Inc (PFX1) | $37.53 Million | -10.17% | 0.89x | $192.12 Million |
| ZhongDe Waste Technology AG (ZEF) | $112.90 Million | -0.84% | 1.21x | $1.56 Million |