Huadian Power International Corporation Limited (SHX) - Net Assets
Based on the latest financial reports, Huadian Power International Corporation Limited (SHX) has net assets worth €104.71 Billion EUR (≈ $122.41 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 (€259.86 Billion ≈ $303.80 Billion USD) and total liabilities (€155.16 Billion ≈ $181.39 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 SHX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €104.71 Billion |
| % of Total Assets | 40.29% |
| Annual Growth Rate | 9.72% |
| 5-Year Change | 38.77% |
| 10-Year Change | 80.9% |
| Growth Volatility | 15.58 |
Huadian Power International Corporation Limited - Net Assets Trend (2013–2025)
This chart illustrates how Huadian Power International Corporation Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Huadian Power International Corporation to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Huadian Power International Corporation Limited (2013–2025)
The table below shows the annual net assets of Huadian Power International Corporation Limited from 2013 to 2025. For live valuation and market cap data, see SHX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €102.09 Billion ≈ $119.35 Billion |
+18.60% |
| 2024-12-31 | €86.08 Billion ≈ $100.63 Billion |
+3.24% |
| 2023-12-31 | €83.38 Billion ≈ $97.48 Billion |
+18.35% |
| 2022-12-31 | €70.45 Billion ≈ $82.36 Billion |
-4.24% |
| 2021-12-31 | €73.57 Billion ≈ $86.01 Billion |
-20.87% |
| 2020-12-31 | €92.96 Billion ≈ $108.69 Billion |
+17.60% |
| 2019-12-31 | €79.06 Billion ≈ $92.42 Billion |
+18.70% |
| 2018-12-31 | €66.60 Billion ≈ $77.86 Billion |
+20.17% |
| 2017-12-31 | €55.42 Billion ≈ $64.79 Billion |
-1.80% |
| 2016-12-31 | €56.43 Billion ≈ $65.98 Billion |
+0.96% |
| 2015-12-31 | €55.90 Billion ≈ $65.35 Billion |
+16.76% |
| 2014-12-31 | €47.87 Billion ≈ $55.97 Billion |
+42.74% |
| 2013-12-31 | €33.54 Billion ≈ $39.21 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Huadian Power International Corporation 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 grown by 27.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €11.72 Billion | 16.95% |
| Other Components | €57.44 Billion | 83.05% |
| Total Equity | €69.16 Billion | 100.00% |
Huadian Power International Corporation Limited Competitors by Market Cap
The table below lists competitors of Huadian Power International Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Haomei New Material Co Lt
SHE:002988
|
$911.54 Million |
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$911.94 Million |
|
Jiangsu Hongdou Industrial Co Ltd
SHG:600400
|
$912.02 Million |
|
Pet Valu Holdings Ltd
TO:PET
|
$912.99 Million |
|
Sonaecom SGPS
LS:SNC
|
$911.19 Million |
|
Shenzhen Strongteam Decoration Engineering Co Ltd
SHE:002989
|
$911.04 Million |
|
SpartanNash Co
NASDAQ:SPTN
|
$910.90 Million |
|
Inwido AB
ST:INWI
|
$910.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huadian Power International Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,334,772,000 to 69,162,202,000, a change of 1,827,430,000 (2.7%).
- Net income of 6,070,315,000 contributed positively to equity growth.
- Dividend payments of 7,055,992,000 reduced retained earnings.
- Other factors increased equity by 2,813,107,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.07 Billion | +8.78% |
| Dividends Paid | €7.06 Billion | -10.2% |
| Other Changes | €2.81 Billion | +4.07% |
| Total Change | €- | 2.71% |
Book Value vs Market Value Analysis
This analysis compares Huadian Power International Corporation 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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.23 | €0.45 | x |
| 2018-12-31 | €5.28 | €0.45 | x |
| 2019-12-31 | €6.24 | €0.45 | x |
| 2020-12-31 | €7.31 | €0.45 | x |
| 2021-12-31 | €6.26 | €0.45 | x |
| 2022-12-31 | €6.03 | €0.45 | x |
| 2023-12-31 | €6.82 | €0.45 | x |
| 2024-12-31 | €6.58 | €0.45 | x |
| 2025-12-31 | €5.96 | €0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huadian Power International Corporation 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): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.82%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.82x
- Recent ROE (8.78%) is above the historical average (7.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.02% | 6.21% | 0.39x | 7.53x | €1.84 Billion |
| 2014 | 18.61% | 8.29% | 0.38x | 5.95x | €2.94 Billion |
| 2015 | 18.16% | 10.83% | 0.34x | 4.88x | €3.46 Billion |
| 2016 | 7.85% | 5.28% | 0.30x | 4.93x | €-917.50 Million |
| 2017 | 1.03% | 0.54% | 0.37x | 5.18x | €-3.75 Billion |
| 2018 | 3.26% | 1.92% | 0.39x | 4.32x | €-3.51 Billion |
| 2019 | 5.54% | 3.64% | 0.41x | 3.74x | €-2.74 Billion |
| 2020 | 5.80% | 4.61% | 0.39x | 3.25x | €-3.03 Billion |
| 2021 | -8.03% | -4.76% | 0.48x | 3.54x | €-11.15 Billion |
| 2022 | 0.20% | 0.11% | 0.48x | 3.75x | €-5.84 Billion |
| 2023 | 6.48% | 3.86% | 0.53x | 3.20x | €-2.45 Billion |
| 2024 | 8.89% | 4.23% | 0.63x | 3.32x | €-746.25 Million |
| 2025 | 8.78% | 4.82% | 0.48x | 3.82x | €-845.91 Million |
Industry Comparison
This section compares Huadian Power International Corporation Limited's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,489,326,972,900
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huadian Power International Corporation Limited (SHX) | €104.71 Billion | 18.02% | 1.48x | $911.46 Million |
| BEIJ.JINGNENG CL.ERG.HYC1 (BJ6) | $37.48 Billion | 8.92% | 1.70x | $741.03 Million |
| CENTRAL PUERTO ADR/1 AP1 (C3TA) | $2.62 Trillion | 13.24% | 0.40x | $2.14 Billion |
| Companhia Energética de Minas Gerais (CID) | $15.94 Billion | 10.93% | 2.76x | $4.01 Billion |
| CLP HLDGS LTD ADR/1 HD 5 (CLP1) | $117.42 Billion | 9.08% | 1.03x | $19.96 Billion |
| S.ENER.ELEC.SP.GDR REGS 1 (ECEA) | $4.95 Billion | -11.16% | 0.59x | $1.10 Billion |
| ENDESA ADR/ 1/2 EO 120 (ENAA) | $5.76 Billion | 44.13% | 7.70x | $34.26 Billion |
| Korea Electric Power Corporation (KOP) | $42.00 Trillion | -58.25% | 4.59x | $14.77 Billion |
| Mainova AG (MNV6) | $1.26 Billion | 10.24% | 1.41x | $2.67 Billion |
| National Grid plc (NNGD) | $20.38 Billion | 38.24% | 2.23x | $71.15 Billion |
| Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1) | $73.69 Billion | -28.96% | 2.23x | $548.83 Million |
About Huadian Power International Corporation Limited
Huadian Power International Corporation Limited, together with its subsidiaries, engages in the power generation, heat supply, coal sales, and other related businesses in the People's Republic of China. The company is involved in the construction and operation of power plants, including large-scale, coal-fired, and gas-fired generator units; and hydropower projects. It also engages in coal produc… Read more