China Resources Power Holdings Company Limited
China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. It operates in two segments, Thermal Power and Renewable Energy. The company operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other cle… Read more
China Resources Power Holdings Company Limited (CRPJF) - Net Assets
Latest net assets as of December 2024: $119.95 Billion USD
Based on the latest financial reports, China Resources Power Holdings Company Limited (CRPJF) has net assets worth $119.95 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($362.46 Billion) and total liabilities ($242.51 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 | $119.95 Billion |
| % of Total Assets | 33.09% |
| Annual Growth Rate | 30.27% |
| 5-Year Change | 13.22% |
| 10-Year Change | 43.24% |
| Growth Volatility | 531.6 |
China Resources Power Holdings Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how China Resources Power Holdings Company 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 Resources Power Holdings Company Limited (2002–2024)
The table below shows the annual net assets of China Resources Power Holdings Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $119.95 Billion | +14.73% |
| 2023-12-31 | $104.55 Billion | +3.97% |
| 2022-12-31 | $100.55 Billion | -6.07% |
| 2021-12-31 | $107.05 Billion | +1.04% |
| 2020-12-31 | $105.95 Billion | +22.18% |
| 2019-12-31 | $86.72 Billion | +12.20% |
| 2018-12-31 | $77.28 Billion | -4.28% |
| 2017-12-31 | $80.74 Billion | +8.28% |
| 2016-12-31 | $74.56 Billion | -10.96% |
| 2015-12-31 | $83.74 Billion | -2.39% |
| 2014-12-31 | $85.79 Billion | +1.25% |
| 2013-12-31 | $84.73 Billion | +22.99% |
| 2012-12-31 | $68.90 Billion | +11.89% |
| 2011-12-31 | $61.57 Billion | +22.51% |
| 2010-12-31 | $50.26 Billion | +11.30% |
| 2009-12-31 | $45.16 Billion | +49.72% |
| 2008-12-31 | $30.16 Billion | +11.47% |
| 2007-12-31 | $27.06 Billion | +57.91% |
| 2006-12-31 | $17.13 Billion | +23.14% |
| 2005-12-31 | $13.91 Billion | +24.88% |
| 2004-12-31 | $11.14 Billion | +17.25% |
| 2003-12-31 | $9.50 Billion | +2564.88% |
| 2002-12-31 | $356.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Resources Power Holdings Company 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 6101787200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $61.02 Billion | 55.55% |
| Common Stock | $29.51 Billion | 26.87% |
| Other Components | $19.31 Billion | 17.58% |
| Total Equity | $109.84 Billion | 100.00% |
China Resources Power Holdings Company Limited Competitors by Market Cap
The table below lists competitors of China Resources Power Holdings Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Talanx AG
PINK:TNXXF
|
$5.01 Billion |
|
Landstar System Inc
NASDAQ:LSTR
|
$5.01 Billion |
|
Beijing Compass Technology Develop
SHE:300803
|
$5.01 Billion |
|
Indutrade AB
ST:INDT
|
$5.01 Billion |
|
Bim Birlesik Magazalar
PINK:BMBRF
|
$5.01 Billion |
|
Riot Blockchain Inc
NASDAQ:RIOT
|
$5.01 Billion |
|
Sensata Technologies Holding NV
NYSE:ST
|
$5.00 Billion |
|
RLI Corp
NYSE:RLI
|
$5.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Resources Power Holdings Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,973,689,000 to 109,838,270,000, a change of 24,864,581,000 (29.3%).
- Net income of 14,716,148,000 contributed positively to equity growth.
- Dividend payments of 7,418,106,000 reduced retained earnings.
- New share issuances of 7,198,476,000 increased equity.
- Other comprehensive income decreased equity by 3,857,039,000.
- Other factors increased equity by 14,225,102,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.72 Billion | +13.4% |
| Dividends Paid | $7.42 Billion | -6.75% |
| Share Issuances | $7.20 Billion | +6.55% |
| Other Comprehensive Income | $-3.86 Billion | -3.51% |
| Other Changes | $14.23 Billion | +12.95% |
| Total Change | $- | 29.26% |
Book Value vs Market Value Analysis
This analysis compares China Resources Power Holdings Company 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: 0.10x
- 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 65.65x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.04 | $2.33 | x |
| 2003-12-31 | $3.04 | $2.33 | x |
| 2004-12-31 | $2.61 | $2.33 | x |
| 2005-12-31 | $3.35 | $2.33 | x |
| 2006-12-31 | $3.81 | $2.33 | x |
| 2007-12-31 | $5.89 | $2.33 | x |
| 2008-12-31 | $6.20 | $2.33 | x |
| 2009-12-31 | $8.26 | $2.33 | x |
| 2010-12-31 | $8.91 | $2.33 | x |
| 2011-12-31 | $10.02 | $2.33 | x |
| 2012-12-31 | $11.39 | $2.33 | x |
| 2013-12-31 | $13.64 | $2.33 | x |
| 2014-12-31 | $14.85 | $2.33 | x |
| 2015-12-31 | $14.86 | $2.33 | x |
| 2016-12-31 | $14.46 | $2.33 | x |
| 2017-12-31 | $15.74 | $2.33 | x |
| 2018-12-31 | $14.67 | $2.33 | x |
| 2019-12-31 | $16.32 | $2.33 | x |
| 2020-12-31 | $20.09 | $2.33 | x |
| 2021-12-31 | $20.62 | $2.33 | x |
| 2022-12-31 | $19.31 | $2.33 | x |
| 2023-12-31 | $17.66 | $2.33 | x |
| 2024-12-31 | $22.64 | $2.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Resources Power Holdings Company 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): 13.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.98%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 3.30x
- Recent ROE (13.40%) is above the historical average (11.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 28.23% | 0.00% | 0.00x | 57.54x | $18.15 Million |
| 2003 | 6.59% | 120.03% | 0.03x | 1.68x | $-305.01 Million |
| 2004 | 11.77% | 62.99% | 0.09x | 2.11x | $179.92 Million |
| 2005 | 21.83% | 48.22% | 0.21x | 2.17x | $1.55 Billion |
| 2006 | 15.47% | 24.28% | 0.26x | 2.49x | $836.37 Million |
| 2007 | 12.98% | 19.14% | 0.26x | 2.57x | $739.25 Million |
| 2008 | 6.31% | 6.42% | 0.34x | 2.93x | $-1.00 Billion |
| 2009 | 14.14% | 16.01% | 0.28x | 3.16x | $1.56 Billion |
| 2010 | 11.63% | 10.09% | 0.34x | 3.39x | $687.23 Million |
| 2011 | 9.37% | 7.33% | 0.36x | 3.55x | $-296.72 Million |
| 2012 | 13.84% | 11.98% | 0.35x | 3.29x | $2.07 Billion |
| 2013 | 16.95% | 15.83% | 0.33x | 3.29x | $4.52 Billion |
| 2014 | 13.02% | 13.04% | 0.31x | 3.19x | $2.14 Billion |
| 2015 | 14.14% | 14.03% | 0.34x | 2.93x | $2.93 Billion |
| 2016 | 11.17% | 11.64% | 0.33x | 2.90x | $806.28 Million |
| 2017 | 6.15% | 6.31% | 0.33x | 2.94x | $-2.90 Billion |
| 2018 | 5.63% | 5.13% | 0.37x | 2.97x | $-3.06 Billion |
| 2019 | 8.39% | 9.73% | 0.31x | 2.75x | $-1.26 Billion |
| 2020 | 8.09% | 11.24% | 0.27x | 2.69x | $-1.84 Billion |
| 2021 | 1.61% | 1.77% | 0.31x | 2.90x | $-8.33 Billion |
| 2022 | 8.03% | 7.22% | 0.36x | 3.05x | $-1.83 Billion |
| 2023 | 12.95% | 10.65% | 0.32x | 3.79x | $2.51 Billion |
| 2024 | 13.40% | 13.98% | 0.29x | 3.30x | $3.73 Billion |
Industry Comparison
This section compares China Resources Power Holdings Company Limited's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $5,896,198,978
- Average return on equity (ROE) among peers: -36.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Resources Power Holdings Company Limited (CRPJF) | $119.95 Billion | 28.23% | 2.02x | $5.01 Billion |
| AGL Energy Ltd (AGLXY) | $6.52 Billion | 6.30% | 1.16x | $3.74 Billion |
| Constellation Energy Corp (CEG) | $15.83 Billion | 7.11% | 2.10x | $104.28 Billion |
| CGN New Energy Holdings Co. Ltd (CGEGF) | $1.69 Billion | 15.85% | 3.95x | $289.43 Million |
| CGN Power Co. Ltd (CGNWF) | $24.05 Billion | 6.27% | 1.61x | $3.13 Billion |
| Capital Power Corporation (CPXWF) | $2.93 Billion | 4.64% | 2.04x | $4.85 Billion |
| Centrica plc (CPYYF) | $1.64 Billion | -9.44% | 5.75x | $8.61 Billion |
| Digihost Technology Inc (DGHI) | $10.44 Million | -49.70% | 0.58x | $32.68 Million |
| Digi Power X Inc. (DGXX) | $9.18 Million | -315.50% | 0.74x | $63.31 Million |
| Energy World Corporation Ltd (EWCLF) | $390.67 Million | 5.31% | 0.59x | $5.35 Million |