Zhaoheng Hydropower Ltd
Zhaoheng Hydropower Ltd. engages in the generation and supply of hydropower in southwestern and midwestern China. The company involves in the investment, operation, and development of small- to medium-sized hydropower plants. It serves primarily power grid companies that engage in electricity transmission and distribution. As of December 31, 2008, Zhaoheng Hydropower owned and operated 17 generat… Read more
Zhaoheng Hydropower Ltd (ZHYLF) - Net Assets
Latest net assets as of March 2009: $27.32 Million USD
Based on the latest financial reports, Zhaoheng Hydropower Ltd (ZHYLF) has net assets worth $27.32 Million USD as of March 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($96.98 Million) and total liabilities ($69.67 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 | $27.32 Million |
| % of Total Assets | 28.17% |
| Annual Growth Rate | -42.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Zhaoheng Hydropower Ltd - Net Assets Trend (2006–2008)
This chart illustrates how Zhaoheng Hydropower 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 Zhaoheng Hydropower Ltd (2006–2008)
The table below shows the annual net assets of Zhaoheng Hydropower Ltd from 2006 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $26.82 Million | +64137.20% |
| 2008-03-31 | $-41.88K | 0.00% |
| 2007-12-31 | $-41.88K | -100.05% |
| 2006-12-31 | $82.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhaoheng Hydropower 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 grown by 1218441000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.62 Million | 24.87% |
| Common Stock | $71.69K | 0.27% |
| Other Comprehensive Income | $4.56 Million | 17.13% |
| Other Components | $15.37 Million | 57.73% |
| Total Equity | $26.62 Million | 100.00% |
Zhaoheng Hydropower Ltd Competitors by Market Cap
The table below lists competitors of Zhaoheng Hydropower Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chester Mining Company
PINK:CHMN
|
$1.98 |
|
Principal Solar Inc
PINK:PSWW
|
$1.99 |
|
Gold River Prods Inc
PINK:GRPS
|
$1.99 |
|
H-D International Holdings Group
PINK:HDIH
|
$1.99 |
|
1st Prestige Wealth Management Inc
PINK:FPWM
|
$1.98 |
|
Here Media Inc
PINK:HRDIL
|
$1.98 |
|
Piedmont Community Bank Group Inc
PINK:PCBN
|
$1.98 |
|
Sanwire Corporation
PINK:SNWR
|
$1.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhaoheng Hydropower Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2008, total equity changed from -41,882 to 26,624,678, a change of 26,666,560.
- Net income of 5,993,279 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,559,908.
- Other factors increased equity by 16,113,373.
Equity Change Factors (2008 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.99 Million | +22.51% |
| Other Comprehensive Income | $4.56 Million | +17.13% |
| Other Changes | $16.11 Million | +60.52% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Zhaoheng Hydropower 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
- Current price-to-book ratio: 0.00x
- 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 |
|---|---|---|---|
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $-0.03 | $0.00 | x |
| 2008-12-31 | $0.37 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhaoheng Hydropower 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): 22.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.44%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 3.53x
- Recent ROE (22.51%) is above the historical average (5.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 1.37% | 0.08x | 0.00x | $96.66K |
| 2007 | 0.00% | -0.44% | 357039.81x | 0.00x | $-36.60K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-36.60K |
| 2008 | 22.51% | 44.44% | 0.14x | 3.53x | $3.33 Million |
Industry Comparison
This section compares Zhaoheng Hydropower Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhaoheng Hydropower Ltd (ZHYLF) | $27.32 Million | 0.00% | 2.55x | $1.98 |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |