China New Energy Group Co
China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. It also distributes natural gas to residential, industrial, and commercial customers in small and medium sized cities in China. The company owns the rights to develop distribution networks to provide natural gas in the cities of Dashiqiao, Nandaihe, … Read more
China New Energy Group Co (CNER) - Net Assets
Latest net assets as of December 2023: $63.81K USD
Based on the latest financial reports, China New Energy Group Co (CNER) has net assets worth $63.81K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($526.61K) and total liabilities ($462.80K). 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 | $63.81K |
| % of Total Assets | 12.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.21% |
| 10-Year Change | N/A |
| Growth Volatility | 30978.05 |
China New Energy Group Co - Net Assets Trend (2004–2025)
This chart illustrates how China New Energy Group Co'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 New Energy Group Co (2004–2025)
The table below shows the annual net assets of China New Energy Group Co from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-390.86K | -712.50% |
| 2023-12-31 | $63.81K | -99.58% |
| 2009-12-31 | $15.19 Million | -31.00% |
| 2008-12-31 | $22.02 Million | +24.54% |
| 2007-12-31 | $17.68 Million | +77237.65% |
| 2006-12-31 | $22.86K | +464.72% |
| 2005-12-31 | $-6.27K | -502.79% |
| 2004-12-31 | $-1.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China New Energy Group Co'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 842450700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.40 Million | % |
| Common Stock | $7.34 Million | % |
| Total Equity | $-390.86K | 100.00% |
China New Energy Group Co Competitors by Market Cap
The table below lists competitors of China New Energy Group Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WANG ON GROUP
MU:WON1
|
$19.93 |
|
National Lampoon Inc
PINK:NLMP
|
$19.94 |
|
Concrete Fashion Group For Commercial& Industrial Investment
EGX:CFGH
|
$20.00 |
|
Basic Energy Corp
PSE:BSC
|
$20.04 |
|
ST Energy Transition I Ltd.
PINK:STETW
|
$19.80 |
|
RICHLY FIELD CHINA
BE:DJR2
|
$19.68 |
|
NNRF Inc
PINK:NNRI
|
$19.58 |
|
ICFG Limited
LSE:ICFG
|
$19.53 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China New Energy Group Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2025, total equity changed from 63,813 to -390,859, a change of -454,672 (-712.5%).
- Net loss of 3,819,644 reduced equity.
- Other factors increased equity by 3,364,972.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.82 Million | -977.24% |
| Other Changes | $3.36 Million | +860.92% |
| Total Change | $- | -712.51% |
Book Value vs Market Value Analysis
This analysis compares China New Energy Group Co'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 |
|---|---|---|---|
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $-0.01 | $0.00 | x |
| 2008-12-31 | $0.18 | $0.00 | x |
| 2009-12-31 | $0.07 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2025-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China New Energy Group Co 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-125.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.87K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.60K |
| 2006 | 103.80% | 0.52% | 94.40x | 2.13x | $21.45K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.60K |
| 2007 | 0.00% | -0.97% | 0.28x | 0.00x | $-41.79K |
| 2008 | -6.27% | -24.95% | 0.21x | 1.21x | $-3.55 Million |
| 2009 | 54.30% | 69.30% | 0.29x | 2.68x | $6.66 Million |
| 2023 | -1283.44% | 0.00% | 0.00x | 8.25x | $-825.38K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.78 Million |
Industry Comparison
This section compares China New Energy Group Co's net assets metrics with peer companies in the Diagnostics & Research industry.
Industry Context
- Industry: Diagnostics & Research
- Average net assets among peers: $914,015,556
- Average return on equity (ROE) among peers: -22.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China New Energy Group Co (CNER) | $63.81K | 0.00% | 7.25x | $19.90 |
| Agilent Technologies Inc (A) | $4.08 Billion | 3.46% | 0.65x | $31.80 Billion |
| Amer Bio Medica (ABMC) | $3.38 Million | -26.64% | 1.08x | $3.55K |
| ADCNF (ADCNF) | $1.77 Billion | 2.65% | 1.64x | $172.01 Million |
| Advanced Biomed Inc. Common Stock (ADVB) | $3.48 Billion | 0.00% | 0.87x | $1.68 Million |
| ANGLE plc (ANPCF) | $18.44 Million | -77.14% | 0.38x | $34.42 Million |
| SeqLL Inc. (ATLN) | $8.18 Million | -45.26% | 0.31x | $35.63K |
| Avricore Health Inc (AVCRF) | $2.20 Million | -79.50% | 0.04x | $3.22 Million |
| Aspira Womens Health Inc (AWH) | $-11.46 Million | 0.00% | 0.00x | $664.47K |
| Biodesix Inc (BDSX) | $-198.03 Million | 0.00% | 0.00x | $50.38 Million |
| bioAffinity Technologies, Inc. (BIAF) | $-15.79 Million | 0.00% | 0.00x | $5.08 Million |