China Changjiang Mining & New Energy Co Ltd
China Changjiang Mining & New Energy Company, Ltd. engages in the solar photovoltaic business. It focuses on the development of distributed photovoltaic power generation projects. The company is based in Shanghai, China.
China Changjiang Mining & New Energy Co Ltd (CHJI) - Net Assets
Latest net assets as of December 2023: $-3.67 Million USD
Based on the latest financial reports, China Changjiang Mining & New Energy Co Ltd (CHJI) has net assets worth $-3.67 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($3.67 Million). 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 | $-3.67 Million |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | -135.78% |
| 10-Year Change | -136.26% |
| Growth Volatility | 85.09 |
China Changjiang Mining & New Energy Co Ltd - Net Assets Trend (1999–2023)
This chart illustrates how China Changjiang Mining & New Energy Co Ltd'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 Changjiang Mining & New Energy Co Ltd (1999–2023)
The table below shows the annual net assets of China Changjiang Mining & New Energy Co Ltd from 1999 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-3.67 Million | +1.67% |
| 2022-12-31 | $-3.73 Million | +9.05% |
| 2021-12-31 | $-4.10 Million | -3.01% |
| 2020-12-31 | $-3.98 Million | -138.84% |
| 2016-12-31 | $10.25 Million | -10.79% |
| 2015-12-31 | $11.49 Million | -29.58% |
| 2014-12-31 | $16.31 Million | +17.42% |
| 2013-12-31 | $13.89 Million | +9.15% |
| 2012-12-31 | $12.73 Million | +25.87% |
| 2011-12-31 | $10.11 Million | 0.00% |
| 2010-12-31 | $10.11 Million | -30.60% |
| 2009-12-31 | $14.57 Million | -2.73% |
| 2008-12-31 | $14.98 Million | +1.53% |
| 2007-12-31 | $14.75 Million | +4191.99% |
| 2006-12-31 | $-360.54K | -94.00% |
| 2005-12-31 | $-185.84K | -141.18% |
| 2004-12-31 | $-77.06K | -153.09% |
| 2003-12-31 | $145.15K | -69.38% |
| 2002-12-31 | $474.04K | -48.71% |
| 2001-12-31 | $924.23K | +238.01% |
| 2000-12-31 | $273.44K | -56.27% |
| 1999-12-31 | $625.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Changjiang Mining & New Energy Co Ltd'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 1916015900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $646.29K | % |
| Other Components | $15.54 Million | % |
| Total Equity | $-3.67 Million | 100.00% |
China Changjiang Mining & New Energy Co Ltd Competitors by Market Cap
The table below lists competitors of China Changjiang Mining & New Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANGES MG
MU:AJW
|
$2.91K |
|
Auxilia SA
WAR:AUX
|
$2.91K |
|
Ondo InsurTech PLC
LSE:ONDO
|
$2.92K |
|
GeneThera Inc
PINK:GTHR
|
$2.92K |
|
National Cement
EGX:NCEM
|
$2.91K |
|
Ekipa Holding S.A.
WAR:EEE
|
$2.91K |
|
Boatim Inc
PINK:BTIM
|
$2.90K |
|
ZAMBIA BATA SHOE PLC
LUSE:BATA
|
$2.90K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Changjiang Mining & New Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,728,658 to -3,666,485, a change of 62,173.
- Net income of 62,173 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $62.17K | +1.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China Changjiang Mining & New Energy Co Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.15 | $0.00 | x |
| 2000-12-31 | $0.09 | $0.00 | x |
| 2001-12-31 | $0.31 | $0.00 | x |
| 2002-12-31 | $0.21 | $0.00 | x |
| 2003-12-31 | $0.06 | $0.00 | x |
| 2004-12-31 | $-0.03 | $0.00 | x |
| 2005-12-31 | $-0.08 | $0.00 | x |
| 2006-12-31 | $-0.15 | $0.00 | x |
| 2007-12-31 | $0.23 | $0.00 | x |
| 2008-12-31 | $0.22 | $0.00 | x |
| 2009-12-31 | $0.23 | $0.00 | x |
| 2010-12-31 | $0.15 | $0.00 | x |
| 2011-12-31 | $0.15 | $0.00 | x |
| 2012-12-31 | $0.18 | $0.00 | x |
| 2013-12-31 | $0.20 | $0.00 | x |
| 2014-12-31 | $0.24 | $0.00 | x |
| 2015-12-31 | $0.16 | $0.00 | x |
| 2016-12-31 | $0.14 | $0.00 | x |
| 2019-12-31 | $-0.06 | $0.00 | x |
| 2020-12-31 | $-0.06 | $0.00 | x |
| 2021-12-31 | $-0.06 | $0.00 | x |
| 2022-12-31 | $-0.06 | $0.00 | x |
| 2023-12-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Changjiang Mining & New Energy Co Ltd 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 100.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (2.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 208.39% | 21.59% | 2.49x | 3.87x | $1.24 Million |
| 2000 | 220.74% | 60356800.00% | 0.00x | 4.99x | $576.22K |
| 2001 | 64.84% | 0.00% | 0.00x | 1.83x | $506.86K |
| 2002 | -94.93% | 0.00% | 0.00x | 2.43x | $-497.40K |
| 2003 | -226.66% | 0.00% | 0.00x | 2.09x | $-343.52K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-214.29K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-90.42K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-166.95K |
| 2007 | -63.39% | 0.00% | 0.00x | 1.54x | $-10.37 Million |
| 2008 | -10.18% | 0.00% | 0.00x | 1.62x | $-2.91 Million |
| 2009 | -0.75% | -9.56% | 0.05x | 1.68x | $-1.51 Million |
| 2010 | -6.87% | 0.00% | 0.00x | 2.01x | $-1.63 Million |
| 2011 | -6.87% | -24.12% | 0.14x | 2.01x | $-1.63 Million |
| 2012 | 5.45% | 52.01% | 0.05x | 2.06x | $-516.01K |
| 2013 | 12.66% | 133.77% | 0.05x | 1.81x | $340.31K |
| 2014 | 2.79% | 33.97% | 0.05x | 1.54x | $-1.10 Million |
| 2015 | -42.70% | -26922.33% | 0.00x | 1.57x | $-5.55 Million |
| 2016 | -5.61% | -4237.84% | 0.00x | 1.49x | $-1.46 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $433.54K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-181.94K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $170.45K |
| 2022 | 0.00% | 100.00% | 0.00x | 0.00x | $743.89K |
| 2023 | 0.00% | 100.00% | 0.00x | 0.00x | $428.82K |
Industry Comparison
This section compares China Changjiang Mining & New Energy Co Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $471,722,438
- Average return on equity (ROE) among peers: -6.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $-3.67 Million | 208.39% | N/A | $2.91K |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |