CN YANGT.PWR GDR REG S/A (CYZB) - Net Assets
Based on the latest financial reports, CN YANGT.PWR GDR REG S/A (CYZB) has net assets worth €239.82 Billion EUR (≈ $280.37 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€561.99 Billion ≈ $657.03 Billion USD) and total liabilities (€322.17 Billion ≈ $376.65 Billion USD). 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. Check CYZB goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €239.82 Billion |
| % of Total Assets | 42.67% |
| Annual Growth Rate | 5.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.33 |
CN YANGT.PWR GDR REG S/A - Net Assets Trend (2021–2025)
This chart illustrates how CN YANGT.PWR GDR REG S/A's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of CN YANGT.PWR GDR REG S/A to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CN YANGT.PWR GDR REG S/A (2021–2025)
The table below shows the annual net assets of CN YANGT.PWR GDR REG S/A from 2021 to 2025. For live valuation and market cap data, see how much is CN YANGT.PWR GDR REG S/A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €233.36 Billion ≈ $272.82 Billion |
+5.14% |
| 2024-12-31 | €221.96 Billion ≈ $259.49 Billion |
+4.43% |
| 2023-12-31 | €212.54 Billion ≈ $248.48 Billion |
-16.98% |
| 2022-12-31 | €256.02 Billion ≈ $299.31 Billion |
+34.54% |
| 2021-12-31 | €190.29 Billion ≈ $222.47 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CN YANGT.PWR GDR REG S/A'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 grown by 36.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €104.84 Billion | 47.37% |
| Other Components | €116.50 Billion | 52.63% |
| Total Equity | €221.34 Billion | 100.00% |
CN YANGT.PWR GDR REG S/A Competitors by Market Cap
The table below lists competitors of CN YANGT.PWR GDR REG S/A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yageo Corp
TW:2327
|
$70.52 Billion |
|
Canadian National Railway Co
TO:CNR
|
$70.64 Billion |
|
Marathon Petroleum Corp
NYSE:MPC
|
$70.91 Billion |
|
National Grid plc
F:NNGD
|
$71.15 Billion |
|
MUENCH.RUECK.UNS.ADR 1/10
F:MUVB
|
$70.34 Billion |
|
Valero Energy Corporation
NYSE:VLO
|
$70.17 Billion |
|
Münchener Rück AG
XETRA:MUV2
|
$70.09 Billion |
|
BYD Co Ltd Class A
SHE:002594
|
$70.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CN YANGT.PWR GDR REG S/A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 210,288,410,896 to 221,338,010,640, a change of 11,049,599,744 (5.3%).
- Net income of 34,502,809,176 contributed positively to equity growth.
- Dividend payments of 33,541,650,979 reduced retained earnings.
- Other factors increased equity by 10,088,441,547.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €34.50 Billion | +15.59% |
| Dividends Paid | €33.54 Billion | -15.15% |
| Other Changes | €10.09 Billion | +4.56% |
| Total Change | €- | 5.25% |
Book Value vs Market Value Analysis
This analysis compares CN YANGT.PWR GDR REG S/A'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: 3.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.94x to 3.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €7.96 | €31.40 | x |
| 2022-12-31 | €10.01 | €31.40 | x |
| 2023-12-31 | €8.23 | €31.40 | x |
| 2024-12-31 | €8.59 | €31.40 | x |
| 2025-12-31 | €9.05 | €31.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CN YANGT.PWR GDR REG S/A 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): 15.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.01%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.53x
- Recent ROE (15.59%) is above the historical average (13.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 14.51% | 47.21% | 0.17x | 1.81x | €8.17 Billion |
| 2022 | 10.42% | 34.45% | 0.12x | 2.54x | €958.64 Million |
| 2023 | 13.52% | 34.86% | 0.14x | 2.84x | €7.10 Billion |
| 2024 | 15.45% | 38.46% | 0.15x | 2.69x | €11.47 Billion |
| 2025 | 15.59% | 40.01% | 0.15x | 2.53x | €12.37 Billion |
Industry Comparison
This section compares CN YANGT.PWR GDR REG S/A's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $17,554,743,309
- Average return on equity (ROE) among peers: 12.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CN YANGT.PWR GDR REG S/A (CYZB) | €239.82 Billion | 14.51% | 1.34x | $70.47 Billion |
| KIBO ENERGY PLC EO -001 (1I8) | $-2.14 Million | 0.00% | 0.00x | $7.36 Million |
| ZH.JIN.ENV.HLDG DL-00001 (3UG) | $7.71 Billion | 8.02% | 2.00x | $510.55 Million |
| ALTEO ENERG.NYIL M.UF125 (54O) | $26.69 Billion | 48.29% | 2.75x | $203.02 Million |
| China Longyuan Power Group Corporation Limited (6WX) | $44.57 Billion | 6.46% | 2.00x | $2.22 Billion |
| CN LGY.PWR.GR.UNSP.ADR/10 (6WX0) | $84.75 Billion | 7.44% | 1.80x | $2.58 Billion |
| Engie Brasil Energia S.A (7TE1) | $8.44 Billion | 31.55% | 3.52x | $6.68 Billion |
| SICHUAN ENG.INV.DEV.H YC1 (84H) | $3.19 Billion | 9.46% | 0.62x | $198.84 Million |
| Clearwise AG (ABO) | $159.73 Million | 0.45% | 1.36x | $95.32 Million |
| REDELFI SPA (B0Z) | $24.49 Million | 11.84% | 2.05x | $128.64 Million |
| Carnegie Clean Energy Limited (CNM1) | $17.86 Million | -1.54% | 0.19x | $12.72 Million |
About CN YANGT.PWR GDR REG S/A
China Yangtze Power Co., Ltd., together with its subsidiaries, engages in hydropower generation business in China, Portugal, Peru, Brazil, and Pakistan. The company operates the Three Gorges, Gezhouba, Xiluodu, Xiangjiaba, Wudongde, and Baihetan hydropower stations with an installed capacity of 71.695 MW. It also engages in smart integrated energy; new energy; power distribution and sales; invest… Read more