China Solar & Cln En
China Solar & Clean Energy Solutions, Inc., through its subsidiaries, designs and provides integrated renewable energy solutions for industrial clients and real estate developers in China and internationally. The company offers evacuated tubular and flat plate solar water heaters; biomass stove; and spacing heating devices along with industrial waste heat recovery systems, including hot tube heat… Read more
China Solar & Cln En (CSOL) - Net Assets
Latest net assets as of September 2011: $28.53 Million USD
Based on the latest financial reports, China Solar & Cln En (CSOL) has net assets worth $28.53 Million USD as of September 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($53.63 Million) and total liabilities ($25.10 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 | $28.53 Million |
| % of Total Assets | 53.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | 129.4% |
| 10-Year Change | N/A |
| Growth Volatility | 28.9 |
China Solar & Cln En - Net Assets Trend (1999–2010)
This chart illustrates how China Solar & Cln En'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 Solar & Cln En (1999–2010)
The table below shows the annual net assets of China Solar & Cln En from 1999 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-12-31 | $28.04 Million | +4.70% |
| 2009-12-31 | $26.78 Million | -12.55% |
| 2008-12-31 | $30.63 Million | +62.33% |
| 2007-12-31 | $18.87 Million | +54.33% |
| 2006-12-31 | $12.23 Million | +15.05% |
| 2005-12-31 | $10.63 Million | +230.39% |
| 2003-12-31 | $-8.15 Million | -1.14% |
| 2002-12-31 | $-8.06 Million | -6.64% |
| 2001-12-31 | $-7.56 Million | -10.32% |
| 2000-12-31 | $-6.85 Million | +13.74% |
| 1999-12-31 | $-7.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Solar & Cln En'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 1936211200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2010)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.50 Million | 12.69% |
| Common Stock | $15.23K | 0.06% |
| Other Comprehensive Income | $1.49 Million | 5.38% |
| Other Components | $22.61 Million | 81.88% |
| Total Equity | $27.62 Million | 100.00% |
China Solar & Cln En Competitors by Market Cap
The table below lists competitors of China Solar & Cln En ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Better Consultants, S.A.
MC:SCBTT
|
$42.05K |
|
Sands Lab Inc.
KO:411080
|
$42.06K |
|
QIWI SP ADS (QIW.SG)
STU:QIW
|
$42.10K |
|
NORSE IMPACT AB
F:2SL
|
$42.11K |
|
Dong Fang Hui Le Inc
PINK:DFHL
|
$41.98K |
|
Sapphire Textile Mills Ltd
KAR:SAPT
|
$41.96K |
|
Sharing Economy International Inc
PINK:SEII
|
$41.94K |
|
ALMAWAVE SPA
F:101
|
$41.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Solar & Cln En's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from 26,420,452 to 27,616,318, a change of 1,195,866 (4.5%).
- Net income of 403,818 contributed positively to equity growth.
- Share repurchases of 147,615 reduced equity.
- Other comprehensive income increased equity by 792,048.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $403.82K | +1.46% |
| Share Repurchases | $147.62K | -0.53% |
| Other Comprehensive Income | $792.05K | +2.87% |
| Other Changes | $147.62K | +0.53% |
| Total Change | $- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares China Solar & Cln En'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: 0.01x
- 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 |
|---|---|---|---|
| 1999-12-31 | $-387.00 | $0.01 | x |
| 2000-12-31 | $-299.75 | $0.01 | x |
| 2001-12-31 | $-307.33 | $0.01 | x |
| 2002-12-31 | $-318.19 | $0.01 | x |
| 2003-12-31 | $-308.06 | $0.01 | x |
| 2005-12-31 | $1.41 | $0.01 | x |
| 2006-12-31 | $1.76 | $0.01 | x |
| 2007-12-31 | $2.80 | $0.01 | x |
| 2008-12-31 | $2.38 | $0.01 | x |
| 2009-12-31 | $1.67 | $0.01 | x |
| 2010-12-31 | $1.81 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Solar & Cln En 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): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.41%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.73x
- Recent ROE (1.46%) is below the historical average (2.51%), 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 | 0.00% | -100230000.00% | 0.00x | 0.00x | $-189.14K |
| 2000 | 0.00% | 562.69% | 0.58x | 0.00x | $1.27 Million |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-197.33K |
| 2002 | 0.00% | -2258.93% | 1.52x | 0.00x | $211.99K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $526.23K |
| 2005 | 12.22% | 8.34% | 1.43x | 1.03x | $236.31K |
| 2006 | 10.14% | 5.77% | 1.69x | 1.04x | $16.95K |
| 2007 | 14.08% | 6.81% | 1.21x | 1.71x | $731.94K |
| 2008 | -14.39% | -7.76% | 1.15x | 1.61x | $-7.06 Million |
| 2009 | 4.07% | 4.08% | 0.64x | 1.55x | $-1.57 Million |
| 2010 | 1.46% | 1.41% | 0.60x | 1.73x | $-2.36 Million |
Industry Comparison
This section compares China Solar & Cln En's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Solar & Cln En (CSOL) | $28.53 Million | 0.00% | 0.88x | $42.01K |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |